Conference keynote at Reimagining Business Education – Creating Value in the CEMS MIM through Disruption, University of Economics, Prague, 2017

1. HOW BUSINESS
EDUCATION IS BEING
TRANSFORMED
Dr. Sandra Peter
The University of Sydney Business School

2. TODAY
What we prepare our
students for?
How do we do it?

3. 1. WHAT ARE WE PREPARING THEM FOR?

4. Big cool statistic
Big cool statistic
90%

5. Big cool number
Big cool number
100

6. Even bigger cooler number
Even bigger cooler number
1trillion

7. Sources: The Economist (2016), US population
Survey, Federal Reserve Bank of St. Louis
US employment, by type of work

8. Source: OECD (2016), Automation and
Independent Work in a Digital Economy,
Policy Brief on the Future of Work
% jobs with
high potential
for automation
or significant
change in tasks

9. JOBS, CAREERS, TASKS, SKILLS….
• Disappearing or fundamentally changing
jobs
• Lifecycle of skills
• Pathways in professions/ organisations
• ‘Careers’, job for life vs. job for a day
• Meaning of work
• Meaning at work
• Lifelong learning

10. …if this is what we are preparing them for

11. 2. HOW DO WE DO IT?

12. (SO)
Increasingly, few things are black and white
Hence a need to thrive in subjectivity and ambiguity

13. (SO)
• Companies deem ability thrive in subjectivity and ambiguity
a necessary skill
• People who can synthetize multiple perspectives
• People who think differently about bigger questions
• People with the ability to quickly synthesize information and
structure it in a way that is comprehensible to non-technical
people
• …….

14. MINDSETSTOOLSETSSKILLSETS

15. BIG QUESTIONS
BIGGER QUESTIONS

16. MEGATRENDS

17. MEGATRENDS

19. Sources: Bloomberg (2017), as of April 5th trading close
Tencent Passes Wells Fargo to Become
10th Biggest Company

21. TEACH FOR AMBIGUITY
AND WITH AMBIGUITY

23. (groundwork is important)

24. We are unsure of the tools we need
and the tools that work.

25. Source: Stanford D-School, Guido Kovalskys
DESIGN THINKING

26. Put yourself in
THEIR
shoes

27. SPEED TO CAPABILITY
AGILE LEARNING AND UNLEARNING

28. A process whereby a
smaller company with
fewer resources is
able to successfully
challenge established
incumbent businesses.
CLAYTON CHRISTENSEN, 2015
What is DISRUPTIVE INNOVATION?

29. Source: Quid, Sydney Business
Insights (2017)
How will BLOCKCHAIN change
your industry?
Company & Event Specific News
IBM’s B.C. Services
Infosys Launch
Microsoft B.C. Services
Chamber of Digital Commerce
Deloitte Opens Lab
Japanese Companies Test B.C.
Central Security Depository
BC in the British Government
Singapore Central Bank
UBS B.C. Currency Venture
Dubai B.C. Strategy
R3 B.C. Consortium
BNP Paribas B.C. Offerings
Delaware Initiative
ASX Applies B.C. Tech
IBM BC Innovation Center
Swift – B.C. Payments
World Economic Forum
Northern Trust – B.C. in Private Equity
EU Banks B.C. Platform
First Global Trade - Cotton
Wall Street B.C. Alliance
Deutsche Bank B.C. Launch
Mahindra Group – IBM Partner
Rakuten B.C. Lab
IBM B.C. Ecosystem
B.C. to Cut Banks’ Costs
General Information
Understanding B.C. Technology
The Impact of B.C.
Policy & Regulation
B.C. Adoption
Product Integrations & Launches
Industry Applications
Financial Trading
Cross-Border Payments
Insurance Industry
Healthcare
Global Trade
Energy Sector
Supply Chain
Real Estate
Gold Market

30. HABITS/ PERMEABILITY
AND CONSTANT EXPOSURE

34. sbi.sydney.edu.au/podcasts
...

35. Technology
for us and for them

38. Course progress for student?

39. How many students are using the site?
What are students doing *right now*?

40. What are students doing online?

41. Course progress for student

42. STUDENTS AS CO-CREATORS
AND PARTNERS AS CO-CREATORS

47. NOVEL FORMS OF ENGAGEMENT
POP-UPS AND HACKATHONS

48. POP-UP CLASS*
REFUGEES AND
BUSINESS IN
AUSTRALIA
*short, problem-driven unit, to engage in new
material, or activities not typically covered in the
traditional curriculum; wide stakeholder engagement
(mostly known)

49. STUDENTS WORKED WITH REFUGEES FROM
TIBET, PAKISTAN, CHINA, EGYPT, IRAQ, SYRIA,
SIERRA LEONE, IRAN AND MALAYSIA

50. ALONGSIDE ACADEMICS, VENTURE CAPITALISTS,
BUSINESS MENTORS, NGOs AND REFUGEES

51. Students
on
ABC Radio
National

52. LOOK TO THE FUTURE
IMAGINE

54. HOW WILL YOU REIMAGINE
BUSINESS EDUCATION?

55. https://au.linkedin.com/in/sandraapeter
https://flipboard.com/@SandraPeter
@sandraapeter