The role of business in society is changing, students are changing, technology is changing, said SMU President Professor Arnoud De Meyer. It’s time for the world’s business schools to apply the best of their knowledge and ideas to themselves. Reinventing business education will be challenging. “There will be disruptive business models, so we will need to keep our ear very close to the ground, so that we can adjust without throwing away what we do well,” he said. SMU has the advantage of being a relatively young university. ''We don't carry a legacy and so we can change quite dramatically," he said.