Future of Business Models: Change or Become Irrelevant

What emerged from the discussion in the "Future Business Models" session at the Deans Conference in San Diego? Namely that the job of business school deans is monumentally harder today than it ever has been. 
Future of Business Models: Change or Become Irrelevant
Many deans in this session shared common concerns about increased financial pressures, stemming from dipping state revenues and increased university subsidies, as they engaged in two central roundtable discussions. First, how can they raise more revenue for their schools? And, second, how can they mitigate the risks that come with adopting new models? Suggestions included increasing international student enrollments, expanding summer programs, designing microcredential programs, adopting more future-focused faculty models, and collaborating more with deans from other disciplines. This session generated a host of ideas, along with a range of concerns about the future. The consensus, however, was that while change will be difficult, it also will be inevitable.
Special thanks to Bloomberg BNA from supporting the graphic recordings of the Future of ... " sessions.