Welcome to the first edition of EFMD’s new magazine, Global Focus. We hope that with its exciting new design and stimulating articles it reflects the dynamism of our organisation and the international EFMD network. We aim to use this new platform to communicate and share news and views from academic and corporate members of the network and we hope you will all take the opportunity to use it as a means of connecting with others. This issue addresses some of the current concerns facing the world of management education. EFMD Director General and CEO Eric Cornuel, looks at the complex issues faced by the higher-education sector and business schools in particular in Europe and sets out a series of initiatives that need to be taken. In a similar vein, Jordi Canals, Dean of IESE business school in Spain, says in an interview that business schools must avoid the pitfall of becoming too internally obsessed and instead need to increase their contacts with the business sector and society at large. A new EFMD partner, Frank Brown, the recently appointed dean of INSEAD in France, also gives his views on the future of management education while a longestablished EFMD stalwart, Jan Borgonjon, looks at the short but dramatic history of management education in China, particularly the role of CEIBS, and offers some views on what the future may hold. And Louise Lunnon and Dr Sharon Turnbull examine the role of wisdom in leadership. This issue of Global Focus also includes news and details of EFMD programmes and projects including the CLIP corporate learning initiative, the Globally Responsible Leadership Initiative, and the EFMD Programme Accreditation System (EPAS). And with the EQUIS accreditation system celebrating its 10th anniversary, EFMD’s Julio Urgel assesses its success and dynamism.