Taking the Best Ideas Forward
When we developed the concept of the i2i Challenge, we were looking to bring some fresh ideas to graduate management education without any limitations or pre-conceived notions or expectations.
We’ve all seen that the articles attributing our global financial challenges to business leaders and MBAs who lacked judgment, disregarded ethics, were too greedy, etc. It’s definitely not up to me to say whether one analysis or another is correct. Even so, every industry stakeholder can always be on the lookout for ways to improve or enhance the educational programs that will produce tomorrow’s industry leaders. Business schools work on this every year; with the i2i Challenge, they have GMAC’s full—and financial—support.
When the GMAC Board of Directors created the Management Education for Tomorrow (MET) Fund, they endowed it with US$10,000,000—the large majority of this amount is available to support implementation. We now have the top 20 ideas that made it through three rounds of blind judging. We drew upon the expertise of more than 25 academic and industry leaders to help score more than 600 idea submissions. Now, there’s an opportunity for you to take a leadership role, in your school and in graduate management education as a whole, and win the funding to implement one (or more!) of these ideas at a real institution.
Perhaps the idea of creating stackable knowledge units might work in your school or program, or maybe incorporating new admission tools would increase diversity. If you create a Hub Network in your area, connecting students from differing backgrounds to share ideas, which common goal might that serve for your programs?
Similar to the one-page idea submission, we’ve tried to minimize the paperwork for implementation proposals, allowing you to be brief and direct (and still have time for your day job!). The MET Fund is accepting your submissions through early December—you have time to read the winning ideas, think about what might work for your program, and submit a proposal. With the right proposal, you might change graduate management education for generations to come.
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