Management practice is heading towards an entirely new paradigm, driven by the technological and social challenges of our time.
The technology sector has led academia in propagating these trends through rapid acceleration in data analytics, deep machine learning, artificial intelligence, blockchain technologies, digital transformation, and cloud computing. The growing social challenges of our time include ongoing disruptions created by pandemics, climate change, growing social inequalities, digital divide, and the new realities of the geo-political environment. They are pushing the business community to the front lines of social responsibility, and demanding a new generation of ethical leaders and decision makers. The need for forward looking leaders is even more accentuated today, as this plan is forged in the dark shadow of COVID-19.
The delivery mode of education is evolving rapidly, with many universities shifting a significant proportion of their degree programs to online or hybrid programs. In order to compete and to diversify and expand the geography of student recruitment, creating a significant online presence has become a necessity rather than an option.
These trends challenge Weatherhead to rise to the occasion. The journey will not be an easy one, but our excellence in research and teaching, passionate alumni, and plain old Midwestern grit will power our success.
If we execute well against our newly outlined vision, we will reclaim our rightful place among the nation’s elite centers of business education, improve our financial sustainability, enhance faculty and staff morale and diversity, and build a network of loyal alumni and brand ambassadors well into the future.
This, in essence, is what we mean by “Destination Weatherhead.”