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Books
New Book Offers Insights for Business School Leaders
Chapter by Smith School Dean Howard Frank
Ever wonder what goes on inside the mind of top business
school deans? Business School Leadership Strategies,
edited by E. Fournier (Aspatore, Inc., 2006), provides an
insider’s perspective on the ins and outs of the business
school management and the strategic thinking behind
operating a business school. The book discusses the roles of
administrators, professors and students as well as the
importance of striking a balance between intellectual growth
and being a profitable institution.
Dean Howard Frank discusses the importance of bringing a
business mindset to the challenges of educational
administration in a chapter titled “Transforming the Role of
Dean: From Caretaker to CEO.” He describes the Smith
School’s parallel leadership structures that accommodate the
needs of both the academic and the business sides of the
school, as well as some of the strategies that have proved
essential to creating the Smith School’s globally recognized
programs.
In the following excerpt from the book, Frank explains
why fundraising is essential:
If you look at a major public business school,
there is no difference between it and a private business
school in terms of cost structure. If I am going to
compete for faculty, I am going to compete for the best
faculty, and these individuals have the choice of going
to either a public or a private school. We are going to
pay them the same as if they were going to the top
private institution. If I am going to create a building,
the fact that it is sitting on the University of
Maryland ground does not make it any cheaper to build
than if it were sitting on Harvard or Wharton ground.
Nobody cares about public versus private when we are
heating the building.
Business School Leadership Strategies is available
for purchase at bookstores or through a link on the Smith
School Web site. |
