Michigan Technological University
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Michigan Technological University’s (MTU) School of Business and Economics (SBE) had long suffered from a lack of direction and was facing an uncertain future. MTU’s new president, Carter Tompkins, had a choice to make: either disband SBE completely, or make the necessary commitment to revitalize the curriculum and faculty to make SBE competitive. He chose the latter. The case illustrates the strategic planning process and difficult choices MTU administrators made to prepare the School of Business and Economics for the rigorous AASCB accreditation process. In-depth analysis of the decision-making process emphasizing use of benchmarking methodologies and personnel issues are integral parts of SBE’s transformation process.
Subjects: Accreditation, Leadership, Faculty, Institutional Change, Benchmarking
Setting: Public University, Medium-size