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A wonderful event, a wonderful day

Monday, October 12th, 2009

I am delighted to report that our Miller Hall Dedication on Friday, October 2nd was attended by approximately 600 folks.

It was a wonderful event on a wonderful fall day and we counted among our honored guests President Taylor Reveley, Chancellor Sandra Day O’Connor, Architect Robert A. M. Stern, Alan Miller, and Chip Mason.

It was for us the celebration of the end of one important chapter in the life of the Mason School of Business and the beginning of another, which sentiment I tried to capture in my closing remarks:

“Eleven years ago when we first began thinking about a new home for the Mason School of Business, many people thought we were nuts.

And yet, here we are today.  Miller Hall rises majestically around us as the home to the Mason Community for decades to come—and an enduring symbol that dreams still come true.  We are here because a few modern-day revolutionaries stood up and took up our cause, determined that through generosity and hard work they would overcome any obstacle.

On behalf of our students, faculty, and staff – past, present, and future – it is my personal honor to accept this remarkable facility as well as the responsibilities that come with it.  To whom much is given, much is expected.

To those who teach and mentor here, the responsibility is nothing less than this:  to revolutionize business education so that Mason graduates leave here with the skills, surely, but also with the judgment, courage, integrity, and purpose to reshape the way the world does business.

To our students, your responsibility is to put everything you are now on the line and become transformed.  To think and act ethically, responsibly, and boldly.  To go from here with the conviction that you can—and will—make a sustainable difference in the world.  To be a revolutionary in the cause of the common good.  And, like so many here today, to return to this place to share your experience and success with those who would follow.

At Mason, with all our diversity of interests and ideas and strengths, we are nonetheless like-minded and laser-focused when it comes to this:

We intend to do great things…to count…to make a difference.  That is our cause.

We follow in the footsteps of revolutionaries who came before and built a great nation.  They are no different from us.  Revolutionaries are still welcome here.”

On the Batten Fund and rankings

Wednesday, April 22nd, 2009

I recently I sat in on the final presentation for the Batten Investment Fund.  This is the ten-year anniversary and, as in all previous years, I was again struck by the excellence of the student presentation and the value of the experience.  Yesterday I sent a note of appreciation to Frank and Jane Batten, along with a copy of this year’s presentation.

You can view videos of four of this year’s Batten Fund analysts — Stefan Martinovic, Meg Sherwood, Joanna Hayes and Matt Kusek — talking about their experiences on the Mason YouTube channel.

For all of you 150 or so Batten Fund Alumni, what do you think of the idea of having a Batten Fund reunion next year in our new building?

I know Dean Krapfl mentioned this topic in a recent posting, but gaining the recognition in the rankings that we believe we rightly deserve will likely be Job One for the Mason School next year.  You will be hearing more about this but let me simply share an excerpt from a letter I sent to my fellow deans last fall that I believe raises an important broader issue:

Most of us have recently revised our programs to emphasize leadership, experience-based learning, and greater interaction with companies and executives.  However, these important efforts to prepare workforce-ready MBA students are not directly measured by the traditional rankings.  The rankings take careful assessments of both ends of our production process but, ironically, make no effort to evaluate what takes place in the middle, which is what occupies most of our time and attention.

What if the criteria by which we are measured actually reflected what we are doing?  Novel thought.  The current rankings are, of course, useful tools for prospective students and others.  But there is virtually nothing in them that I can see that actually attempts to assess and measure the direct value-added of the educational experiences we provide through traditional teaching or more innovative means.

If they did, perhaps the rankings could do a better job of informing prospective students of the real choices that are available to them.  Think also of the potential benefits for recruiters.

Like so many of you, we at William and Mary’s Mason School of Business have worked hard to create an educational experience that we believe prepares our students in the skills and behaviors that really matter in business.  We now measure important aspects of what we do so others can verify our claims.  For example, we promise our students substantial one-on-one interaction with executives, which we assess through our Executive-to-Student ratio and Face-Time-with-Executives measure…

I will keep you apprised of this conversation as it moves forward.