European Foundation for Management Development

The European Foundation for Management Development (EFMD) is an international membership organization, based in Brussels, Belgium. As the largest in the world of its kind, the network covers over 650 member organizations from academia, business, public service and consultancy in 75 countries. EFMD provides a unique forum for information, research, networking and debate on innovation and best practice in management development.

EFMD is recognized globally as an accreditation body of quality in management education and has established accreditation services for business schools and business school programmes, corporate universities and technology-enhanced learning programmes.

Within its scope, EFMD is committed to offer professionals and institutions involved with management learning and organizational development the opportunity to be part of a dynamic, relevant and diverse network sharing the common objective of developing effective and socially responsible leaders and managers. It is in this context that EFMD signed in 2003 a partnership agreement with the United Nations Global Compact and launched the Global Responsibility Invitation which in turn led to the creation of the Globally Responsible Leadership Initiative.

EFMD has over 30 years of experience in the coordination of projects & activities that fosters an active dialogue and exchange between companies and academic organizations

In a proactive manner it contributes to a search for, and generation of, new ideas for a continual enhancement of management thinking and practices

Maintains a series of on-going activities enabling its members to learn, share and network which helps contribute to a better understanding of the continual changes in the business and management education environments

Initiates short events on highly topical issues bringing business executives and distinguished academics together

Provides a context and environment that leads to professional networking and bridges the divide between the academic & business world

Runs the European Quality Improvement System (EQUIS), which is the leading international system of quality assessment, improvement, and accreditation of higher education institutions in management and business administration. 113 schools have so far been accredited from across 33 different countries

Manages international projects in Asia, CIS and the Arab World and has strong relationships with sister associations in Eastern Europe, Central Asia, Central America, United States, Canada & Australasia

Provides the platform for exposure to new learning environments. We generate and disseminate knowledge throughout the network for the benefit of our members. This ability to share allows for a better understanding of the latest developments in management development

EFMD mission is to " [act] as a catalyst to promote and enhance excellence in management development in Europe and worldwide."

External links

* [http://www.efmd.org/ EFMD official website]
* [http://www.efmd.org/html/Accreditations/cont_detail.asp?id=040929rpku&aid=041029wupz&tid=1/ EQUIS]
* [http://www.grli.org// Globally Responsible Leadership Initiative]