Changes in Globalization: How Should IB Education Respond?

A new phase of globalization has made the world cognizant of the job losses, inequality of gains across countries and socio-economic sectors, and climate degradation that has resulted from prior global business practices. We examine what changes international business (IB) education should consider as these patterns evolve. Non-routine analytical skills and global interpersonal skills will still be important in the changing economy. However, evidence suggests that IB education should also emphasize broader knowledge of politics, institutions, sociology, and anthropology in order to help future business leaders navigate and balance the increasingly complex requirements of both local and global stakeholder interests.