State of Business magazine, fall 2009
  vol. XXI no. 2
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FALL 2009 CONTENTS
Dean's Letter
Connected Capitalism
Good Will, Good Biz
Biz on the Brink
Philanthrocapitalism
Bill Curry's Lessons
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DEPARTMENTS
The Pulse
In the News
Faces
First Person
Rajeev Reports
The Last Word
State of Business Information

Business on the Brink

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FORQUER: You are talking to a program manager. If I had to split out and make choices, I’m going to make sure that our students know how to compete, because at the end of the day if you are not competitive, you are in trouble.

PETERSON: Drucker [Peter Drucker, considered “the father of modern management”] says, “The single most important thing to remember about any enterprise is the results exist only on the outside. The purpose of a business is a satisfied customer. Inside an enterprise, there are only costs.” So if you think about it, you better be collaborating with customers and firms along the supply chain. We have much more interdependence than I think business schools may be teaching. If it’s all competition, then you lose some of that collaborative thinking that you need to operate globally.

WHITE: If you’re in an economics class and you’re going over the numbers, that’s wonderful, and when you’re in an organizational behavior (OB) class you are thinking of something different. What about integrating that case throughout all the classes?

FORQUER: Do we have faculty prepared to teach these new contextual skills we are talking about?

HUSS: The blunt answer to your question is today, no. But the positive answer is that we’ll either make them or we’ll hire them. We’ll figure out a way to take the talent that we have and broaden their thinking, and in some cases we’ll recruit some who already have had that experience.

FORQUER: This is a long-term issue, particularly in the EMBA world, where the demands on turning theory into practice are very high. I think that what we are already seeing is a much
differentiated faculty. One size does not fit all. So it’s a balancing act of people who can add value in different ways.
Shifting gears, what about technology and the competitors like the University of Phoenix?

PETERSON: I think that schools like Robinson have a distinct advantage over competitors like the University of Phoenix because your school is bringing together people face-to-face, which is where and how business is done. You have a niche and you have to protect that niche by delivering on what you do well.

HUSS: What technology may permit us to do is use the face-to-face time we have for some of the richer discussions.
Technology can be used for the more routine, codified skills. Technology gives us the opportunity to add that richness
to the face-to-face interaction.

LORD: On the delivery question, we are learning how to integrate international experiences as well by using a wide
range of technology platforms. We can share knowledge with people around the world. We are doing things we couldn’t have done five years ago – it’s very challenging and exciting.

FORQUER: I wish we had more time. Thank you all for participating.



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