College of Business Spring 2013 Faculty/Staff Meeting

College of Business
Spring 2013
Advisory Council Meeting
AACSB Standards Update
AACSB Standards Update
• Blue Ribbon Committee to review the
Standards was established in September of
• New Accreditation Standards were
approved at AACSB Conference on April 8,
AACSB Standards Update
• Highlighted Differences
• New Standards – 15 total
• Standards are divided into these categories:
Strategic Management & Innovation
Participants – Students, Faculty, Professional Staff
Learning & Teaching
Academic & Professional Engagement
• 3 Major Themes of the New Standards
• Innovation
• Impact
• Engagement
AACSB Standards Update
How major are these themes?
Word Search for . . .
Innovation, Innovate
Old Standards
Used 14 times
(p. 22)
New Standards
Used 33 times
(title page)
Impact, Impacts,
Engagement, Engages,
Engage, Engaging
Used 7 times
(p. 10)
Used 30 times
(p. 3)
Used 84 times
(title page)
Used 84 times
(title page)
AACSB Standards Update
• What do these themes mean?
• Innovation: the standards must
• set demanding but realistic thresholds,
• challenge us to innovate, and
• inspire educators to pursue continuous improvement.
• It is key to
• recognize the importance of experimentation
• place priority on strategic innovation
• recognize that innovation involves the potential for
success and the risk of failure
AACSB Standards Update
• What do these themes mean?
• Impact: focuses on the outcomes of College inputs
(human, financial, physical, etc.)
• AACSB will continue to emphasize
• Assurance of Learning – review teams expect to see
evidence of curricula improvement
• Production of intellectual contributions that make a
positive impact on business theory, teaching, or practice.
• Impact is concerned with what has been changed, accomplished,
or improved
AACSB Standards Update
• What do these themes mean?
• Engagement: Quality business education cannot be
achieved when either academic or professional
engagement is absent, or when they do not intersect
in meaningful ways. This includes:
• interaction and engagement among students, administrators,
faculty, and practitioners
• engagement of appropriate stakeholders in revising the
mission, expected outcomes, supporting strategies,
curriculum development, governance, etc.
• actively engaging students in learning
• engagement of faculty in sustaining intellectual capitol
necessary to support high-quality outcomes consistent with
our mission and strategies
How Do The New Standards
Impact Faculty Qualifications?
Sustained Engagement Activities
& Prof’l
Substantial in
Duration & Level of
Doctoral Degree
Scholarly Practitioners
Scholarly Academics
Practice Academics
Maintenance of One’s
Academic Qualifications
• Faculty members may undertake a variety of
academic and/or professional engagement
activities including (among others):
• Publishing/production of scholarship outcomes
(SA, SP)
• Journal editorships (SA, SP)
• Editorial board service (SA, SP)
• Faculty internships (PA, IP)
• Sustained professional work (IP)
• Relevant, active service on Boards of Directors
Please note: this is a very small sample of what may qualify for maintenance of qualifications.
Obviously, creating the ISU College of Business list will require thoughtful discussion among
relevant stakeholders.
In Summary . . .
• Next Maintenance Visit is Fall 2016
• Maintenance report will be submitted Summer of
• We will receive “consultation” based on our
compliance with these new standards
• Much work needs to get done between now
and then on:
• Defining measures of innovation, impact, and
• Reviewing & updating the strategic plan
• Adjusting the faculty evaluation process
• To name a few