Future of Business School Faculty

Business schools face significant challenges in terms of faculty recruitment, retention and development, with datasuggesting that there are worrying shortfalls in terms of numbers of PhD students graduating and taking up facultypositions in UK business schools (Francis, 2005). Add to this concerns about the demographic profile of UK businessschool faculty - according to 2002/3 data 37% of management and economics faculty were due to retire in the next15 years, whereas the comparable figure was 22% in 1994/5. It is not surprising that the recruitment, retention anddevelopment of faculty are significant issues for business school deans.To explore the challenges of recruiting and retaining faculty, the Advanced Institute of Management Research (AIM)and the Association of Business Schools (ABS) organised a roundtable discussion about faculty involving deans andheads of schools at the annual meeting of the ABS on the 16th October 2006. Four AIM scholars, all co-authors of aprevious report on the Future of UK business schools, acted as discussants at the event (Ivory et al., 2006)...