Business schools have been among the great success stories in higher education over the last 50 years. At a time when many university systems around the world are struggling financially, there continues to be a steadily growing demand for management education. However, the field is now in a state of flux. Those of us who work within the discipline are currently engaging in an extended discussion about the very foundations of management education. We are rethinking the objectives of the field and are considering our best practices as we move forward.