Transcript AACSB International: New Directions for Management Education

New Directions for
Management Education
SBAA Annual Meeting
November 7-9, 2004
John Fernandes
President and CEO
AACSB International
1
New Mission and End Statements
FY03-04 Highlights and FY04-05 Plans
Accreditation Update
Thought Leadership Initiatives
Relocation Update
2
New Mission
and End Statements
3
AACSB International Mission
AACSB International advances quality
management education worldwide
through accreditation and thought
leadership.
Globalization
In accordance with its mission statement,
AACSB is committed to its role as the
world’s leader in the advancement of
management education. This global mindset
is an integral and pervasive element in each
end statement and is reflected in all
organizational functions and actions.
4
New Mission
Reinforces commitment to accreditation
AACSB International’s “raison d’être”
Focuses AACSB on its emerging role as
thought leader for management education
5
End Statement 1 - Accreditation
AACSB assures quality management
education by providing the world’s most
prestigious business school accreditation.
End Statement 2 - Knowledge Services
AACSB provides high quality data,
information, and reports about the
characteristics, practices, trends and
environments of business programs
worldwide.
6
End Statement 3 - Member Services
AACSB products and services fulfill member
needs and preferences and help to increase
knowledge and skills, develop relationships, and
broaden awareness of global management
education issues.
End Statement 4 - Thought Leadership
AACSB is regarded as the world’s most
respected and informed voice regarding
significant issues in management education.
7
End Statement 5 - Advocacy for
Management Education
AACSB reinforces and influences public
perception of key management education
issues through advocacy campaigns that
engage a broad range of relevant publics.
8
FY03-04 Highlights
and FY04-05 Plans
9
FY03-04
Highlights
32 schools in business and 6 in
accounting entered pre-accreditation
New accounting accreditation standards
passed
34 new OUS members
GFME established
10
FY03-04
Highlights
85% of accredited schools reported BSQ
data
Assessment and ethics resource centers
launched
12 conferences and 18 seminars held on
four continents
11
FY04-05
CEO Goals
Implement a distance-based peer review
training program
New campaign on value of accreditation
Implement doctoral education resource
center and promotional initiatives
12
FY04-05
CEO Goals
Hold 34 conferences and seminars on
three continents
Issue reports on the value of business
education and rankings
Design and implement an effective PR
plan for thought leadership reports
13
Accreditation Update
14
Accreditation Update
The Accreditation Council is now at 482
members (419 US and 63 OUS)
There are 165 separately accredited
accounting programs (161 US and 4 OUS)
15
Accreditation Update
Accreditation Quality Committee (AQC)
Interpretations
ABD’s are academically qualified for up to
3 years past comprehensive exams.
(Standard 10)
A graduate degree in law will be
considered academically qualified to teach
business law and legal environment of
business. (Standard 10)
16
Accreditation Update
AQC Interpretations (contd.)
Institutions awarding business degrees
must provide a majority of learning.
(Standards 17 & 20)
17
Accreditation Update
AQC Interpretations (contd.)
Accredited accounting programs will be
asked to approve the application of
Standard 10 to accounting programs
seeking and maintaining separate
accounting accreditation which was
inadvertently left out of document
submitted for vote in April, 2004. The
writing committee intended for it to be
included.
18
Accreditation Update
AQC Other Activities
Adopted a revised “Conflict of Interest”
statement for reviewers and “Member
Responsibility Statement.”
Approved revised complaint procedure
policy that incorporates such from faculty,
students, alumni, etc. into the normal
accreditation review process and requiring
clear linkage to accreditation standards for
the complaint to be brought into the review
process.
19
Accreditation Update
AQC Other Activities
Established January as the annual date
that all updates of Standards and
interpretive materials will be effective
Feedback from participants in
maintenance of accreditation reviews
indicate very positive opinions about such
reviews.
20
Accreditation Update
AQC Other Activities (cont’d)
Some concerns on length of the visit and
use of the benchmark data on peer
schools
Responding to accounting curricula
proposals from NASBA/AICPA 150-Hour
Task Force on Education Rules clearly
stating AACSB International’s perspective
on ethics education and stressing flexibility
in curricula structures.
21
Accreditation Update
Accreditation Coordinating Committee Actions
Acted on eligibility and program
inclusion/exclusion requests
Adopted a policy to allow schools to get a
response for “out-of-cycle” program
inclusion/exclusion requests to address new
program proposals and modifications
22
In Summary
AACSB accreditation is making great
strides in strengthening its position as
“the Global Accreditor” for b-schools
AACSB is restructuring its accreditation
staffing and committee membership to
reinforce its global mission
23
Thought Leadership
Initiatives
24
Thought Leadership Initiatives
Essentially a new role for AACSB
Formalized through new thought
leadership end statement
Role of Committee on Issues in
Management Education
25
Thought Leadership
Previous/ongoing Initiatives
Management Education Task Force
Doctoral Faculty Commission
Learning Outcomes Assessment Task
Force
Ethics Education Task Force
26
Thought Leadership
Current Initiatives
Continuation of work related to doctoral
faculty shortage
Possible extension of work of Ethics
Education Task Force
Rankings
Value Proposition for Business Schools
Alliance for Management Education
27
Relocation Update
28
Relocation Update
Achieve successful relocation
Identified and continuously monitor 25
major relocations risks
Utilize proven, systematic recruiting
process to ensure that we have the best
staff available
Successfully relocate 11 - 12 employees
from St. Louis to Tampa
Stay within time and spending budgets
29
Relocation Update
Harbour Island Office (Downtown Tampa)
Planned occupancy November 8
Currently occupying temporary space
Construction of permanent office space
on schedule
30
Relocation Update
Relocation Logistics
Final packing of St. Louis office contents
on November 19
Transitional staffing in both locations
during move period
Network server and website downtime
minimized
Full operations in Tampa on November 29
Closely monitoring relocation expenditures
to stay within budgets
31
Working together, we will
advance to the next level
of mission fulfillment
32