Too little of a good thing? How organizational learning contracts can refocus B-schools on the business of learning

The distractions of higher rankings and better facilities are diluting business schools from their intended focus on facilitating student learning. We propose organizational learning contracts (OLCs) can help B-schools regain their focus by creating shared expectations about the roles and responsibilities of relevant parties in regards to learning. We show students at an institution with a stronger OLC displayed more effective, self-regulated conceptions of the learning process (e.g., being self-motivated, seeking feedback), and less conventional beliefs regarding how to learn (e.g., attending class, doing homework). Given these benefits, we discuss how to implement an OLC, and its implications for management education.