business school impact: aacsb perspective · 2020-06-04 · business school impact: aacsb...
TRANSCRIPT
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Business School Impact: AACSB PerspectiveOctober 23, 20187th International Business School Shanghai Conference
Tom Robinson, President and CEO, AACSB
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Agenda
§Focus on Impact§Impact Metrics§A Collective Vision for Business Education
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Focus on Impact
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AACSB’s Mission
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We foster engagement, accelerate innovation, and amplify impact in business education.
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Delivering Relevant & High-Quality Business Education
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Schools are expected to:• Demonstrate academic
and professional engagement by students and faculty
• Identify desired characteristics of engagement, aligned with the school’s mission and strategies
Schools can consider:• Integration of professionally
qualified faculty• Faculty/student engagement
with business and/or government communities
• Faculty/student engagement with broader academic community
Engagement
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Innovation
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Schools are expected to:
§ Pursue continuous improvement
§ Be entrepreneurial and experiment
§ Be innovative. Innovations include both the potential for success and risk of failure
§ Innovations should be well-developed and aligned with mission and strategy
§ Report most significant activities and results
Schools can consider:
§ Adding online or distance delivered courses
and/or degrees
§ New areas of programming
§ Unique service/outreach projects§ Unique collaborative or partnerships with
business, government, other schools or institutions, etc.
§ New student engagement activities
§ New research initiatives
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Schools are expected to:§ Focus on high quality inputs and
documented outcomes that have impact, deliver high value§ Produce intellectual contributions
that have a positive impact on theory, teaching and practice§ Linked to mission and strategic
plan
Schools can consider:§ Translation of research outcomes into consulting,
executive education/continuing education programming
§ Participation in policy development
§ Success of graduates
§ Impact on professional/academic
societies/practice
§ Journal quality/citations
§ Successful educational materials
§ Community/professional/academic service
Impact
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How to Assess Impact
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Purpose of Accreditation
§ Promote high quality and continuous improvement supported by engagement, innovation, and impact.
§ Use internal self-assessment and external peer review to confirm delivery of high quality management education and overall mission achievement.
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Framework of a Quality Business School
§ Expectations: Stability, strategic mindset, collegial environment
§ Derive from: Good processes and systems, leadership, organization, institutional support and resources
§ Essential elements: Quality teaching, evidence of learning, relevant curriculum, impactful research, engagement with the business community
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Academic and Professional Engagement
Learning and Teaching
Participants—Students, Faculty, and Professional Staff
Strategic Management and Innovation
AACSB Accreditation Standards
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So, how do we know if a school is making an impact?
§Success/impact of students, graduates, faculty§Thought leadership outcomes (research, other intellectual contributions)§Community/business community supporting events, outcomes§Can be localized
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Assurance of Learning (AoL)Three Steps in an AoL/Assessment System
Step 1: Development - Define learning goals and objectives- Develop measures or metrics- Map the curriculum- Data collection plan
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Assurance of Learning (AoL)Step 2: Measurement- Measure and collect data- Analyze data- Results
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Assurance of Learning (AoL)Step 3: Closing the Loop- Faculty engagement
- Review results - Identify improvements- Implement improvements- Review results
- Evaluate AoL/assessment system
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International Organization for Standardization (ISO)
§ Just as members leverage the AACSB accreditation process to improve their programs, AACSB also recognizes the value of reviewing its own continuous improvement processes. a
§ AACSB is pursuing certification through the International Organization for Standardization (ISO) to reinforce a commitment to business standards that work for all of our members across the globe.
§ AACSB has been working with ISO consultants since January 2017.
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Impact Metrics
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Impact Metrics
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Mission Alignment
Impact
Academic Impact
Teaching Impact
Program Impact
Practice & Community
Impact
Research Center Impact
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A Collective Vision For Business Education
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Journey To A Collective Vision
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business school representatives
convened in vision-related sessions
researchers, scholars, thought leaders and executives engaged
visits to the aacsb.edu/vision
website
articles, reports and other resources
synthesized
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Catalystsfor Innovation
Co-Creatorsof Knowledge
Hubs ofLifelongLearning
Leaders onLeadership
Enablersof GlobalProsperity
Five Opportunities To Thrive
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Three Critical Success Factors
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Cultivate aPosition at
the Intersectionof Academia and Practice
Drive Innovationin HigherEducation
Connect WithOther Disciplines
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Impact in the Vision of International Organizations in Business Education Industry