In a recent email dialogue I had with a business school dean, he acknowledged that the economy is transforming from a consumer economy to a knowledge/service economy. I had asked him how he saw business schools responding in preparing students for this transformation.
He answered that it was quite a concern because from what they could see success in the new economy would be for those who were capable of autonomy and good decision-making in an ever-changing world. Their goal was to help foster this group of people as soon and as much as possible. At the same time, their projections show that about 30% of the population would do well in this new economy — but about 70% would be lagging behind.
