Archive for the ‘Education’ Category


Who Are the Main Education Stakeholders?

Written on May 23, 2016 by Santiago Iñiguez in Education

santiagoBy Santiago Iñiguez de Onzoño, Dean of IE Business School and President of IE University.

A main cause behind the globalization of higher education, and business schools in particular, is the internationalization of stakeholders. Marshall McLuhan’s global village has its global school house. As people move more freely and frequently between countries, they require education that is both portable and flexible. Imagine, for example, that you are half way through a three-year part-time Masters program and your company decides to transfer you to a different country. You would not be very happy if you had to start your degree all over again. You would expect your educational provider to find a way to allow you to complete your studies. Similarly, if you were on a full-time MBA program but had to go back to work, you would hope that you could switch tracks to a part-time program. These are just some of the issues that business schools have had to address in recent years. The overall effect is a much more flexible approach to degree programs and learning methods.

The upshot is an internationalization of “stakeholders”, that is to say an internationalization of the different special interest groups active within higher education, from the teaching staff and students, to the management and sponsors of universities. For example, a growing number of companies now recruit graduates or finance chairs at universities, while the existence of exchange programs for students and teaching staff, such as Erasmus, have made universities more diverse places.

Given the global shift in education, countries that adopt protectionist measures in education, preventing the entry of foreign universities or other higher education institutions, or refusing to sign up to supranational initiatives, will end up on the periphery of the educational world, and lose their best and brightest talents. Opting out of the international mainstream means stagnation and decline. Read more…

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