New Design

FT´s Interactive graphic: The leading lights of business education

Updated August 19, 2011

An interactive graphic giving an insight into the careers and thoughts of the top business school deans.

Kellogg Dean Sally Blount’s Brave New Strategy - Poets & Quants

Article by John A. Byrne

“Think Bravely: We believe that business can be bravely led, passionately collaborative, and world changing.”

Those 15 words are at the heart of an ambitious effort to reposition Northwestern University’s Kellogg School of Management. The phrase, part of a branding exercise that will lead to more substantive changes at Kellogg, has new Dean Sally Blount bubbling over with excitement.

“I think we came out with something really exciting there,” says Blount in a wide-ranging interview with Poets&Quants..

Dean John Quelch of CEIBS - aspires to make CEIBS a top 10-ranked research-focused business school

Poets & Quants

...Quelch, who aspires to make CEIBS a top 10-ranked, research-focused business school, is no stranger to administration. He was dean of London Business School from 1998 to 2001 and later served as senior associate dean at Harvard Business School (HBS)...

Dean Glenn Hubbard of Columbia Business School - Tax Reform Is the Swiftest Path to Growth - WSJ

Wall Street Journal, August 12, 2011

'What is tax reform?"

That's the Jeopardy-like question matching the answer: "The best step the government could take now to promote growth and employment." The Obama administration has been responding with "What are higher marginal tax rates and more stimulus?" But fundamental tax reform offers three key benefits.

First, reducing marginal tax rates on saving and investment and on work and entrepreneurship will increase capital formation and productivity, raising wages and output. Broadening the tax base and sharply lowering marginal tax rates can raise gross-domestic-product growth by a half to a full percentage point per year over a decade, according ...

Dean Andreas Pinkwart of The Leipzig Graduate School of Management - "We are small, but great"

MBA-Channel.com by Kirstin von Elm, 11 of August 2011

The Leipzig Graduate School of Management (Wikipedia) wants to grow, but with consideration for quality and a sense of proportion. Bachelor degrees will not be offered but a family-friendly part-time MBA, more personable service and new scholarships. Rector Andreas Pinkwart spoke about his plans to MBA-Channel.com.

Professor Pinkwart, for five years you were Innovation Minister in North Rhine-Westphalia, Germany, a very important technological centre. Do you think that the economy of a country known for its research and technology should invest more in the training of its employees?

Yes absolutely, in order to remain competitive companies must do more. However, I have noticed a positive trend. HR managers are constantly confronted with the issue of recruiting and retaining good employees. More and more people show interest in investing time and money in personal development and therefore in their own careers. Increasingly employees choose their employers according to their willingness to offer attractive professional training and support. Consequently, this increases the pressure on the training provider.

Increasing willingness to pay - increasing demands: Is it not difficult for a relatively small German business school to compete against the educational offers of renowned German universities?

...

Professor Christina Romer(Berkeley) and Assoc. Dean Mathew Slaughter(Tuck) - calming market jitters (PBS video+transcript)

PBS Newshour, August 10, 2011

JUDY WOODRUFF: Today's plunge marked the fourth time in just over a week where the Dow Jones industrials have dropped by triple digits. Market volatility is at again near record levels.

We look at this and the larger picture with two people who have worked closely on economic policy. Christina Romer was the chair of the Council of Economic Advisers for President Obama until September 2010. She's a professor of economics at the University of California at Berkeley. And Matthew Slaughter served on President George W. Bush's Council of Economic Advisers from 2005 to 2007. He's now associate dean of the Tuck School of Business at Dartmouth College. And we thank you both for being with us.

Christina Romer, to you first.

The scary roller-coaster ride on the stock market continued again today. How do you explain it?

CHRISTINA ROMER, University of California at Berkley: Well, I think, obviously, one of the things about the stock market is it's very hard to explain the ups and downs...

Dean Emeritus Stanford GSB Mike Spence - Job creation: easier said than done

San Francisco Chronicle, August 7, 2011 + (Article of Foreign Affairs, July/August 2011)

From the perspective of Michael Spence, a Nobel Prize-winning economist (2001) and Hoover Institution fellow, the president faces some tough sledding..

...It's a structural reality that Spence believes Washington hasn't fully grasped and doesn't have a plan in place to address. "It's a design challenge, and that's not what we're doing right now," he said..

"There is every reason to believe these trends will continue," according to Spence, also a professor of economics at New York University's Stern School of Business..

Distinguished Visiting Fellow at the Council on Foreign Relations and the author of The Next Convergence: The Future of Economic Growth in a Multispeed World (May 2011, www.thenextconvergence.com).

Dean Sally Blount of the Kellogg School of Management, (Northwestern U.) - Videos on bigthink

bigthink.com/sallyblount

Dean Dezsö J. Horváth, of the Schulich School of Business (Toronto) - "Our Indian campus will be world class"

Article of the Hindustan Times, July 12, 2011.

Dezsö J. Horváth, dean of the Schulich School of Business, York University, Toronto, Canada, is one of the longest serving business school deans in the world (He has been Dean at Schulich since 1988). Someone who has been one of the key figures in forging of ties between the Schulich School and the GMR Group (best known for the Delhi and Hyderabad airports) for setting up a top-ranked international B-school in Hyderabad, Horváth shares with HT his plans for the Hyderabad campus, the education that will be delivered to Indian and international students and how he hopes the Foreign Educational Institutions (Regulation of Entry and Operations) Bill will get through Parliament on time...

(bill no 10.(57 of 2010) of the Parliament of India, Rajya Sabha, website)

"A great divide holds back the relevance of economists" - The Great Debate (Reuters)

Reuters invited leading economists to reply to Mark Thoma’s Op-Ed (July 26, 2011) on the “great divide” in economics and will be publishing the responses. Here are responses from Ashwin Parameswaran, James Hamilton, Dean Baker, Lawrence Summers, and a recap of Paul Krugman’s.

"Economists Heal thyself", July 27, 2011, Response of Dean Roger Martin of Rotman business school (Toronto)

Deans of top 30 U.S. business schools name "Top 30 Must-See Movies for Business Students"

Article of Businessweek, "Business Through Hollywood's Lens"

Blair Sheppard to leave Fuqua as he heads for China - FT

Article of the Financial Times, Della Bradshaw, July 25, 201

Blair Sheppard, one of most innovative business school deans in the business, is to spearhead Duke University’s push into China by taking up a new role in fund-raising and development for Duke Kunshan University, which is being established near Shanghai. In doing so he will step down as dean of Duke’s Fuqua school of business, an appointment he has held since 2007...

Dean Daniel C. Smith of the Kelley School of Business (Indiana) - The Case for Business Education

Article of Businessweek, July 21, 2011.

A B-school dean argues that business students have skills that are vital to smooth-running organizations, and management education is more relevant than ever

Dean Sally Blount - Kellogg to establish a global footprint with new campuses

Article of the Financial Times, by Della Bradshaw, July 21, 2011.

The Kellogg school at Northwestern University is to establish a network of hubs on three continents, says Sally Blount, who has been dean at the school for just a year. As well as Chicago, the school is expected to set up two more centres, one of which will be in Asia.

“To be a global player you have to have more than one home,” says Prof Blount...

Dean Robert Bruner, of the University of Virginia Darden School of Business, to receive the Distinguished Eagle Scout Award

News release, 12 July 2011.

Robert Bruner, dean of the University of Virginia Darden School of Business, has been selected to receive the Distinguished Eagle Scout Award upon nomination by the Stonewall Jackson Area Council and the Boy Scouts of America. The award is granted to Eagle Scouts who, after 25 years, have distinguished themselves in their life’s work and who have shared their talents with their communities on a voluntary basis.

The Boy Scouts of America press release cites Bruner for having distinguished himself “through his long and tenured career in higher education. … His reach not only extends nationally, but globally through his teaching and research in finance and management at the University of Virginia. He continues to play an integral part in community and volunteer service to the greater Charlottesville area.”

Since 1969, when the Distinguished Eagle Scout Award was implemented, only 1,850 nominations have been approved out of the two million recipients of the Eagle Scout rank. Bruner is the fourth person to receive this award in Central Virginia...

Dean Paul Danos on Tuck joining a new international study group

Article of The Darmouth, July 15, 2011

The Tuck School of Business has joined with four business schools from around the world to create a collaborative aimed at examining current business issues that affect society, such as healthcare, corporate management and sustainable development, according to Tuck dean Paul Danos...

 

Dean Roger Martin of Rotman School of Management discusses the importance of innovation in corporate success

On YouTube, July 12, 2011.

Thomas F. Cooley, former Dean of Stern School of Business, NYU - The Big Think

http://bigthink.com/thomascooley

Thomas F. Cooley was appointed Dean of NYU Stern in 2002...

Dean Peter Tufano in the magazine of Said Business School

Not an ivory tower, June 30, 2011

In December 2010, Professor Peter Tufano, Sylvan C. Coleman Professor of Financial Management at Harvard Business School, was appointed as the next Peter Moores Dean of Oxford University’s Saїd Business School.

Before taking up his post, Tufano embarked on a number of fact-finding missions to talk to faculty, students, alumni, supporters and administrators across the Oxford University global network and find out more about the challenges the School is facing.  At the same time, he spoke to CEOs, business executives, B-school deans, experts in various disciplines, and prospective students to gain an external perspective on the School and its opportunities in business education...

Dean Sunil Kumar of the University of Chicago - FT - "Dean navigates a steady course"

Article by Della Bradshaw of the the Financial Times, July 11, 2011

Becoming dean of the University of Chicago’s Booth school of business should prove to have both advantages and drawbacks for Sunil Kumar. To begin with, as he rightly says: “I inherited a school in excellent shape.” That is the good news.

But for the former senior professor at Stanford who took up the dean’s job at Chicago on January 1, taking over such a well-run school will inevitably make it hard for him to stamp his mark...

Dean Dipak Jain of INSEAD - Is a B-school with no U.S. campus really global? (Poets & Quants)

Article of July 11, 2011.

INSEAD claims to be the quintessential global business school, yet it lacks a permanent home in the U.S. The school's new dean, Dipak Jain, offers his take on the global MBA.

How can any educational institution lay claim to being "the business school for the world" when it lacks a real presence in the U.S., the world's largest single economy?

Dean R. Glenn Hubbard of the Columbia Business School - WSJ - on Disclosure, Leading, Ethics

Article of the Wall Street Journal, July 7, 2011.

R. Glenn Hubbard, dean of the Columbia Business School, wants his students to make connections—and not just through networking.

He blames the recent financial crisis on a failure by leaders to successfully see the big picture, focusing instead on their area of expertise. Not connecting the dots, he says, was disastrous.

In Mr. Hubbard's view, business schools must prepare students with a broader education in order to thwart an economic meltdown. To that end, Columbia is deliberately weaving topics such as decision-making and ethics into classes across all disciplines...

...

Excerpts:

WSJ: You've taken some heat for how the movie "Inside Job" portrayed your, and professors', disclosures [including dollars earned] of outside activities. Has Columbia changed its approach to any of this?

Mr. Hubbard: Despite what you might have seen in "Inside Job," we have a lot of disclosure. We just tightened it as a faculty, a project we've worked on since 2009. I've always disclosed what I do, my sources of income and relationships, that's how he knew what to ask me. We've now moved to a system where all faculty will do that. Basically, faculty résumés will [show] outside activities just like they [show] publications and teaching.

WSJ: What was the expectation before?

Mr. Hubbard: I've always done it [made disclosures] because I'm a dean. But the faculty did not have to do that. The faculty were always supposed to report if they received money to support research, that's just a matter of professional ethics...

Dean Carolyn Woo of the University of Notre Dame Mendoza College of Business is leaving

Article of Bloomberg Businessweek, June 28, 2011.

Carolyn Woo, dean of the University of Notre Dame Mendoza College of Business (Mendoza Undergraduate Business Profile), will leave the school to serve as president and chief executive officer of Catholic Relief Services, effective Jan. 1, 2012. The joint announcement was made Friday. Associate Dean Roger Huang will serve as interim dean until a permanent replacement is found.

The decision to leave comes after “six months of intense and ongoing discernment,” she wrote in an email to colleagues. She continued to write it “is extremely difficult” to leave the university and hoped her colleagues wouldn’t think she had let Mendoza or Notre Dame down.

Catholic Relief Services is the official Catholic international humanitarian agency in the U.S., according to the press release. Woo served on the board of directors from 2004 through 2010. She succeeds Ken Hackett, who is retiring after 18 years as CEO and president...

"It is the Notre Dame lesson that I often speak of to our students: To have eyes, ears and heart that recognize where needs are and the confidence that comes basically from a lifetime of blessings to leave what is comfortable for what we are asked to do. We have also reminded our students that their business education can be used to bring about the greater good. I have spoken the words and now I am given the opportunity and challenge to live them at another level.”

During her 14 years (2011-1997) as dean, the Mendoza school received accolades for its undergraduate business program, which is currently ranked No. 1 by Bloomberg Businessweek. Mendoza’s full-time MBA and executive MBA programs are highly ranked as well.

Dean Nitin Nohria - "Harvard Business School Evolves" - U.S. News

U.S. News, July 8, 2011

Nitin Nohria celebrated his first anniversary as dean of Harvard Business School on July 1, making it a fitting time to reflect on the considerable changes underway at the venerable b-school. From major innovations to its curriculum and shifts both subtle and major within the class of 2013 profile, to huge surprises—some might say upsets—in M.B.A. admissions, the past 12 months have been anything but business as usual...

Dean Dipak Jain of INSEAD - Financial Times

Article of July 3, 2011

The Four Curriculums of a Great MBA Program - Poets & Quants

Poets & Quants

When leadership professor Nitin Nohria became dean of the Harvard Business School last July, he had to give up teaching in the classroom. But he has managed to do a bit of cameo instruction here and there, including the lunch-time presentation of a two-page case study on whether HBS delivers what it promises to MBA students: a transformational experience...

Dean Thierry Grange of Grenoble’s School of Management - "Accrediting Business Schools — by Whose Rules?" New York Times

Article of the New York Times, June 27, 2011  (The Economist cites the NYT article in "Accredit where it's due")

(Dean Grange previously in DeansTalk: 8 September 2010)

Dean Paul Danos appointed for four more years at Darmouth - Financial Times

June 27, 2011 By Della Bradshaw

Paul Danos will become one of the longest-serving deans in the business as he begins a further four-year term at Dartmouth College’s Tuck school of business. Prof Danos has already served 16 years as dean at Tuck.

In recent years most deans have decided to quit the job after a maximum of 10 years - many leave after just four or five. Exceptions to the rule include Bernard Ramanantsoa at HEC Paris, who, like Prof Danos, was appointed to the dean’s job in 1995. At the Schulich school at York University in Toronto, Dezsö Horváth has already been dean for more than two decades.

Before joining Tuck Prof Danos worked at the University of Michigan from 1974 to 1995, at what is now the Ross school of business. He received his undergraduate degree and MBA from his home town of New Orleans, and a PhD from the University of Austin at Texas, in accountancy...

Principal David Begg of London’s Imperial College Business School - led his school to the centre of university life - FT

Article of the Financial Times, By Della Bradshaw, June 20 2011

David Begg has never been one to blow his organi­sation’s trumpet. But now, with eight years as the principal of London’s Imperial College Business School under his belt, the 60-year old Glaswegian has something to shout about...

Dean Santiago Iniguez (IE) - "The poor and the rich: Any solution?" - Pravda

Article of Prvada, 14 June, 2011

Santiago Iniguez de Ozono believes that the gap between the poor and the rich can become smaller with the help of education. ...

Dean of Programs at IE, David Bach - "Business students can learn a lot from Playboy"

You Read Playboy For The Business Insights, Right?

Talks about bschool cases, including that of Playboy´s entrance in Indonesia:

Dean Nitin Nohria (Harvard) - Beyond Good and Evil: Understanding Our Capacity for Moral Failure

bigthink.com/nitinnohria

Many people possess an over-confidence in their own moral capacity. Nitin Nohria, dean of Harvard Business School, argues this overconfidence is what so often gets people in trouble.

Dean Ted Sndyer - Chicago-Booth Tribute

Dean Glenn Hubbard (Columbia) - "Forget the debt ceiling and focus on debt"

Article of the Financial Times, May 26 2011

On May 15, the US hit its “debt ceiling” of $14,300bn, covering publicly owned debt held by the Federal Reserve and government trust funds, and Washington is in a furore. While budget debates are often more talk than action, this one needs more talk – but of a different kind...

President Dominique Turpin of IMD - Lessons to learn from a Swiss watchmaker

Article of the Financial Times, May 9 2011

Passion. Marketing genius. Charisma. These three characteristics are just part of the reason I respect and admire Jean-Claude Biver, chief executive of Hublot, the Swiss watchmaker. The obsession with brand differentiation that Biver exhibits should be in the genetic make-up of every marketer, and to my mind the most gifted orators in the world cannot match his simple yet passionate public addresses...

Deans Jordi Canals (IESE) and Blair Sheppard (Fuqua) with Della Bradshaw on FT´s Q&A: Executive Education 2011

Ask the experts: Executive Education 2011

Dean Roger L. Martin of Rotman (Toronto) - "Reducing the risk" - Ottawa Citizen + his new book "Fixing the game.."

June 1, 2011, Ottawa Citizen

In the wake of the spectacular 2008 financial markets crash, much has been made of the fact that no one has been held to account. Life has returned to near normal, and other than the failures of Lehman Brothers and Bear Stearns, little has changed in reaction to the mortgage meltdown...

...author of Fixing the Game: Bubbles, Crashes and What Capitalism Can Learn from the NFL, recently published (May 3, 2011) by Harvard Business Review Press.

Reuters, article on the book, May 12, 2011

(YouTube) Big Idea Series @Rotman: Fixing the Game

Dean Roger L. Martin of Rotman (Toronto) - "The Nasty Truth about CEO Pay" - HBR

June 3, 2011. Harvard Business Review blogs.

Every spring, the Wall Street Journal publishes a CEO Salary Report, using a Hay Group survey to break down compensation levels for the CEOs of the 350 biggest publicly traded US companies. Every year, there is predictable outrage at the sheer size of the numbers, especially relative to the average worker. This year was no exception, though the criticism had a particular post-crisis bent: Why are CEOs making an average $9.3 million, up 11% over 2009, when the economy is still largely in the tank?...

Dean Robert F. Bruner, Darden (Virginia) - "A Dean’s Summer Reading List for MBAs" - Poets & Quants"

Here are five books for summer reading for students:

Dean Paul Danos of Tuck - "Nuclear Tsunami: A Lesson for Ethics and Responsibility"

Article of IEDP, 1 June, 2011

VIEWPOINT: Paul Danos is Dean of Tuck School of Business at Dartmouth. Here he explains why ethics and responsibility are key to great leadership and how they can be enhanced and developed...

Dean Garth Saloner, of Stanford Graduate School of Business, on bursting bubbles

Article of The Economist

Will Stanford's business school get caught between two bursting bubbles? Garth Saloner, the school's dean, thinks not

THE Economist has written a lot recently about whether we are witnessing a bubble in higher education and at business schools in particular. But it is not the only bubble we are concerned with...

Dean Andrew Likierman (LBS) interviewed by Della Bradshaw (FT) - "Can enterpreneurship be taught?"

 

 

Video interview May 20 2011  Corporate bankers and management consultants. That's what business schools produce, so say the detractors, rather than entrepreneurs and innovators needed to stimulate economic growth. Sir Andrew Likierman, dean of London Business School, explains how it plans to research and teach just those neglected skills in a new multi-million pound centre.  (5m 27sec)

Meet deans Sally Blount (Northwestern University) and Sunil Kumar (University of Chicago) - Chicago Tribune

Melissa Harris CHICAGO CONFIDENTIAL, May 19, 2011

Business school deans tend to hold their posts for five to 10 years. And the most prominent ones in Chicago — at the University of Chicago's Booth School of Business and Northwestern University's Kellogg School of Management — have been arriving and departing on similar schedules as of late...

Dean Dipak Jain of INSEAD- Academic ambitions that span continents - FT

Article of Financial Times, May 16 2011, by Della Bradshaw

International mobility, always popular with business students, is proving increasingly attractive with deans as well. Academic heavyweight Dipak Jain has became the latest to prove that management education is a global business, by leaving the US to take over from Frank Brown as boss of Insead...

Dartmouth announces Dean Paul Danos has agreed to serve a 5th term as Dean of the Tuck School of Business at Dartmouth.

@TuckSchool

Financial Times Interactive graphic: The leading lights of business education

Article of Financial Times, May 9, 2011

Dean (LBS) in London Champions Innovation - WSJ

Wall Street Journal, May 4, 2011

London Business School this month will unveil a new center to study innovation. It is a prospect about which the school's dean, Andrew Likierman, is particularly keen.

"Innovation, as far as we're concerned, is one of the key drivers of everything that goes on in business," Sir Andrew said. "I wouldn't have the nerve to get up in front of a group of sophisticated people and say something that didn't relate to the world that actually is."..

...

WSJ: London Business School will soon open the doors to its Institute of Innovation and Entrepreneurship. How do you define innovation?

Sir Andrew: [I] don't define it technically because it's a term of art. It's about the process by which...new things take place. I look at innovation as an approach. However, [the institute] uses the standard definition, which is about novel and creative ways to create value through new products and services, or new business models or new processes.

WSJ: If innovation is a term of art, how do you teach it?...

"There is more to business than analytics" - Dean of Programs, David Bach, IE Business School in the Financial Times

Article of the Financial Times, April 25, 2011.

“Frame a challenging problem, then get out of the way!”

Dean Robert F. Bruner, Darden School of Business, "An Academical Village that Transforms Students"

Published on March 17, 2011

Dean Paul Danos of Tuck Business School in "How business education is adapting to globalisation" - CITY A.M.

Article of 17th March, 2011

...This is the view of Paul Danos, dean of Tuck business school in the US.

In terms of curriculum, he says, there has been a massive convergence in recent years. “If you went to a business school in India, America, Europe or Japan you would find that they teach fundamentally the same topics,” he says. There’s no way that an American school would teach only American case studies, and when they are studying entrepreneurialism in Chinese schools they look at Silicon Valley. “Schools want to look at the gold standard, and they don’t care if that is American, Chinese or German.” The fierce market in business schools, plus the global marketplace for faculty, means that if Ghemawat’s ideas are adopted, they will quickly be adopted everywhere.

What you should look for in a good school, then, is not the curriculum, but the way that it is taught. And here, the old schools have a huge advantage – they are rich enough to teach well. Small-group and one-to-one teaching are expensive and “unless you have a ton of money behind you it is hard to set up that sort of school,” Danos says. American schools have been raising money for a hundred years – they run on endowments and fund-raising, they get a lot of money from alumni.

It would take decades for schools in India and China, say, to reach the same level. And even then, would it be worth “duplicating something that is already there” in America and Europe? Even if in twenty years time the American economy is no longer the world’s biggest, so what? “Look at how small Switzerland is, and at the power of Swiss banking,” says Danos. Just because India or China has a growing economy, it doesn’t follow that it is the best place in the world to go for your business education. In fact, we are more likely to see movement in the opposite direction. Newness has sparkle, but oldness has its attractions too. “Globalisation,” says Danos, “goes both ways.”