SOUTHERN UNIVERSITY AND A&M COLLEGE BATON ROUGE, LOUISIANA “Building Stakeholder Value Harnessing the Power of Focused Efforts” First Annual College of Business Advisory Council Conference January 18-20, 2002 Houston, Texas SOUTHERN BEGINNINGS ORIGINAL MISSION To make a way for all deserving students to attend college. 1879 - Movement to create a university for ‘persons of color’ initiated during the Louisiana State Constitutional Convention by P.B.S. Pinchback, T.T. Allain, T.B. Stamps, and Henry Demas. 1883 - Admitted its first 12 students. 1890 - Recognized by federal government as a land grant college. 1914 – Relocated from its original location in New Orleans, Louisiana to the state’s capital, Baton Rouge. SOUTHERN TODAY Only historically black land grant university system in the United States. 1880 – Southern University and A&M College 1948 – Law Center established on Baton Rouge campus Nation’s most racially diverse student enrollment 1956 – Campus established in New Orleans 1964 – Campus established in Shreveport 2001 – Agricultural Extension and Research Offers 3 associate, 43 bachelor, 19 master, 5 doctoral degree programs. Enrollment on Baton Rouge Campus is approximately 9,000. Students from 45 countries & 45 of 50 states within the U.S 3% international student population System wide = 15,000 Most popular programs in Nursing, Business, Engineering, Education, & Social Science. Southern University Baton Rouge College of Business COLLEGE OF BUSINESS MISSION STATEMENT To provide a quality business program that prepares students with diverse backgrounds for global career challenges and makes a positive contribution to the public and private sectors COLLEGE OF BUSINESS STRUCTURE Founded in 1937 Undergraduate programs in: Accounting Business Economics Finance Management Marketing (with Professional Sales Concentration) A proposed MBA program (proposed starting date Fall 2004) with concentration in E-Business A Small Business Development Center College Advisory Council Accredited in 1998 by AACSB – International the Association to Advance Collegiate Schools of Business. CHARACTERISTICS OF THE COLLEGE OF BUSINESS Endowed Chair for Small & Minority Enterprises in the name of Dr. James A. Joseph, Former U.S. Ambassador to South Africa. A Partially Endowed Chair in International Business established by Coca-Cola. A Partially Endowed Chair in E-Business established by Horseshoe Casino. Six Professorships in Business An advisory council of 20 local and national business leaders who keep the college abreast of developments in business & industry Corporate relationships with GM, TRW, Proctor & Gamble, Coca-Cola, International Paper, Ernst & Young, ExxonMobil, 3M,ChevronTexaco, and others. CHARACTERISTIC OF THE COLLEGE OF BUSINESS Enrollment = 1,200 students Graduates = 150 students per year 7,000 + alumni worldwide 24 faculty members, 18 of which have doctoral degrees, with a track record of teaching, research and service State of the art computer labs Expertise in Grantsmanship GOALS OF BUSINESS PARTNERSHIP PROJECTS Student Development Programs Faculty Development Opportunities Curriculum Design Research and Consulting Projects Develop Mutually Beneficial Projects in the use of Information Technology (Such as Enterprise Resource Planning) Use of executives for teaching and guest lecturing Identify Areas for Future Cooperation STRENGTHS PRESENTLY EXISTING Accounting Ernst & Young TRW ExxonMobil ChevronTexaco Marketing & Management Strategic Sales Initiative (Project with 3M) Supply Chain Management ( Project with P&G) STRENGTHS PRESENTLY EXISTING (Continued) Economics and Finance Morehouse Research Institute/Ford Foundation Project Iowa Electronic Market ETTAP OSDBU U.S. Dept of Transportation Faculty Development ( Board of Regents) Business and International Education Program (U.S. Dept of Ed. World Trade Center in New Orleans, SUSTA, U.S. Dept of Commerce Export Assistance Center, LA International Trade Center) UNCF/IDP Project in Armenia Small Business Chair in Small and Minority Business Small Business Development Center ETTAP Program (U. S. Department of Transportation) Project for Small Business Mentoring (Science & Engineering Alliance) Business Incubation CAREER AWARENESS STUDENTS AT THE ANNUAL BEEP PROGRAM IN THE COLLEGE OF BUSINESS YMTF CLASSROOM VISITS Ernst & Young Program PREPARING FOR THE FUTURE Business of the Future Entrepreneurial Information Technology Managerial and Communication Skills Change is not always Easy Accelerating Pace of Change 2000 1990 1980 1970 1960 1940 1900 1880 1700 1500 1300 1920 Industrial Age Agricultural Age 1100 Knowledge Age SOURCE: M. Emmi, SCT Corporation Drivers of Change in Business Schools Doctoral Faculty Shortage (139) Emergence of New Competitors (127) Shifts in Funding Sources (125) Rapid Changes in The Economy (106) Changes in how Business Organizations Function (91) Increased Need for efficiency and Speed (82) Exploding Undergraduate Enrollment (82) Increasing Percentage of “non-traditional” Students (77) The “Global Bazaar” and Erosion of Geographical Boundaries (72) Source: Najdawi, Stumph & Doh College of Commerce & Finance Villanova University Drivers of Change in Business Schools (cont’d) Growth in Demand for non-degree Education (69) Cost Structure Differences in Delivery Systems (68) Business Activity Anytime, Anywhere (62) Greater Diversity in Graduate Enrollment (52) Increased Opportunities for e-Business (49) Shifting of Resources to e-Learning (48) Employment Uncertainties for Graduates (46) Intellectual Property Rights (32) Privatization and Venture Capital (20) Compliance and Regulatory Issues (14) Societies that keep their values alive do so not by escaping the processes of decay but by powerful processes of regeneration… Each generation must rediscover the living elements of its own tradition and adapt them to present realities. To assist in this discovery is one of the the tasks of leadership. … John W. Gardner On Leadership Important Academic Leadership Skills Interpersonal/Influence Skills (255) Visioning and Goal Setting Skills (221) Team Building Skills (218) Communications Skills (216) Change Management/Structuring Skills (214) Motivational/Inspirational Skills (211) Fundraising Skills (204) Strategic Planning/Forecasting Skills (200) Source: Najdawi, Stumph & Doh College of Commerce & Finance Villanova University Important Academic Leadership Skills (cont’d) Decision Making Skills (194) Creativity and Innovation Skills (190) Marketing and PR Skills (178) Global Business Understanding Skills (172) Human Resource Management Skills (146) Risk and Financial Management Skills (128) Project Management Skills (122) E-Business and IT Knowledge Skills (107) Negotiations/Employment Law Skills (67) Challenges for the Business School Accreditation Funding Increasing Product Demand New Competitors for Students Under-prepared Students Rapid Personnel Turnover Revolution in IT and Life Sciences Global and Cultural Diversity Planning for the Future The single most important thing to remember about any enterprise is that there are no results inside its walls. The result of a business is a satisfied customer. The result of a hospital is a healed patient. The result of a school is a student who learns something and puts it to work. The talk you hear today about adapting to change is not only stupid, it’s terribly dangerous. The only way you can manage change is to create it. By the time you catch up with change, the competition is already ahead of you. … Peter Drucker Planning Success Principles • Leadership • Attention to the Marketplace • Engagement of Stakeholders • A Structured Framework • Facilitated Teamwork Source:E&Y Foundation - Strategic Planning Partnership Strategic Planning A strategy has power to the extent that the stakeholders of an organization can describe: • the strategy in their own words, • the relevance of the strategy to their own work, • their roles in making the strategy succeed, and • their gain in making the strategy succeed. Source:E&Y Foundation - Strategic Planning Partnership Never doubt that a small group of thoughtful, committed people can change the world. Indeed, it is the only thing that ever has. … Margaret Mead Mission Statement To provide a quality business program that prepares students with diverse backgrounds for global career challenges and makes a positive contribution to the public and private sectors. Shared Commitments Innovation and effectiveness in teaching, curriculum, scholarship and service Cooperation and teamwork among faculty, staff, administration and students Excellence and continuous improvement by faculty and staff Effectiveness in building partnerships among alumni, the community, professional and university constituents Measures of Success Achievements of graduates Perceptions of the College by alumni, students, the university, the community, professional constituencies and other universities Achievements of faculty Ability to attract and retain academically talented students Support of alumni, community and professional constituencies Strategic Planning Structure People Research Instruction (Curriculum) External Operations Internal Operations Source:E&Y Foundation - Strategic Planning Partnership Role of Facilitation • Provide unbiased process management. • Help the team to stay on task. • Elicit participation from all team members. • Assist in raising and engaging on tough issues. • Be a catalyst for challenging current paradigms. • Enable academic leaders to focus on issues. • Help the team reach as much closure as possible. Source:E&Y Foundation - Strategic Planning Partnership PEOPLE Distinctive Capabilities A learning environment that challenges students of diverse socioeconomic backgrounds and prepares them for careers in public and private enterprises. Measurements Faculty, staff and administrator development Faculty, staff and administrator performance Strategies Attract terminally qualified faculty. Establish a recognition and reward process. Improve the productivity of faculty, staff and administrators. RESEARCH Distinctive Capabilities Research that focuses on the improvement of teaching effectiveness and business practices (domestic and global) in the private and public sectors, with an emphasis on how these issues affect minorities. Measurements Publications and editorial involvement Presentations at conferences Requests for consulting services Feedback from consulting engagements Number of EFFORT presentations Promotion and tenure rates Strategies Undertake research projects and consulting activities that involve teaching effectiveness and basic and applied research that focuses on business practices in the private and public sectors, with emphasis on minority students and minority-owned firms. Provide the resources that will enable the faculty to be more effective in their research activities. Integrate the results of research projects and consulting services into pedagogies and course content. INSTRUCTION Distinctive Capabilities An environment of education excellence in undergraduate and professional programs that enables and motivates learning. Measurements Faculty development Pedagogical publications Curriculum reviews Computer support facilities Internships and co-ops Advisement and mentoring Strategies Design and maintain proactive, innovative and challenging curricula that remain current with changes in business and educational environments. Develop and disseminate quality pedagogical methodologies, and enhance the use of instructional technologies that provide effective teaching and stimulate learning. Foster and enhance student advising/mentoring. Provide new experiences and opportunities for learning through workplace internships and co-op programs. Develop and use valid procedures to assess teaching and learning effectiveness, curricula and pedagogy. EXTERNAL RELATIONS Distinctive Capabilities Mutually beneficial relationships between the College, industry, government, alumni, faculty and the public/private sectors that develop the whole student. Measurements Increased human support for development Contributions received Placement of students Business community involvement Small Business Development components Faculty/Industry exchange placements Quality/Quantity of incoming students Strategies Improve recruitment efforts for students in undergraduate and graduate programs. Strengthen relationships between students and the business community through job shadowing (close monitoring by professionals), mentoring and skill workshops. Further develop funding relationships with stakeholders by enhancing the Business Development Program. Encourage and create an ongoing faculty/industry exchange program and Faculty Professional Development program. INTERNAL OPERATIONS Distinctive Capabilities Internal operations and procedures that effectively and efficiently administer the programs of the College of Business and foster a supportive learning environment. Measurements Organization effectiveness Computer utilization effectiveness Clerical support effectiveness Computer software/hardware enhancement Course scheduling effectiveness Strategies Improve the organization structure of the College of Business as necessary to facilitate achievement of the College’s mission. Improve the utilization of existing computer resources and other support services. Enhance the computing resources of the College of Business. Enhance the scheduling of courses to facilitate student planning.