Cooperation and Competition among Business Schools
Transcript of Cooperation and Competition among Business Schools
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Cooperation and Competition among Business Schools
Judy TsuiAssociate Vice PresidentDean, Faculty of Business
Director, Graduate School of BusinessChair Professor of Accounting
The Hong Kong Polytechnic University
2008 International Business School Shanghai Conference
Shanghai Jiao Tong University
November 4, 2008
A Balancing Act
Cooperation and Competition
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Competition
BlueOcean
Cooperation
Value Added
Value InnovationIrrelevant
• How well can one make competition irrelevant?
• How well can one turn cooperation into competitive edge?
Cooperation and Competition
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The Case Of
Management Education Scene in Hong Kong
HKUST EMBA
HKU MBA
HKPolyU?
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Create the Blue Ocean
Value InnovationThe Corner Stone
“Instead of focusing on beating the competition, you focus on making the competition irrelevant by creating a leap in value for buyers and your company, thereby opening up new and uncontested market place.”
Blue Ocean Strategy, by W. Chan Kim and RenéeMauborgne, Harvard Business Press, 2005, p.12
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Financial Tsunami
Working managers seeking further education in mgt
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Doctor of Business Administration (DBA) / Doctor of Management (DMgt) (in Hong Kong and Chinese Mainland)
Launched in 1996; First DBA in HK“Scholar – Manager”The only overseas doctoral program approved by China’s Ministry of Education
First in the world accredited by AMBA
Prof. Robert Dixon, reviewer from AMBA,commended the high quality of our DBA in HK and Mainland, esp. the quality of:
teaching team students and graduands taught subjects supervision process excellent documentation of quality assurance
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CEO, ChinaMotorolaKAO Yueybin
Chairman and CEOChina Unicom (after merger of China Unicom and China Netcom) CHANG Xiaobing
ChairmanAlcatel Shanghai BellYUAN Xin
Director General of Dept. of Science and Technology
Ministry of Information Industry, PRCWEN Ku
PresidentChina Telecommunications Corp.WANG Xiaochu
Chairman and CEOGiordano International LAU Peter
Chairman & CEOChina Mobile LimitedWANG Jianzhou
Deputy MayorShenzhen Government, PRCXU Qin
President, Asia PacificMotorolaLEUNG Simon
PositionOrganizationName
Profile of DBA / DMgt Graduates
Blue oceans will eventually turn
red.
How to make it sustainable?
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Strategies
Keep Innovating Internationalization (Collaboration)
Principles: Relevance & Rigor
Reputation
“The university of the future will be…fundamentally interdisciplinaryin its approach to both teaching and research.”
Nature, Vol. 446, April 2007
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Interdisciplinary FocusThemes of DBA thesis:
Community Policing
Pay Satisfaction
Governance in HK’s Public Hospitals
Green Supply Chain
Eco-Label Design
Strike Motivation & Strike Commitment
Driving Forces of Customer Loyalty
HK Dollar PegManaging Service Quality
Pricing of Electricity in Twelve Asian Countries
Firm Electronics Business Practice
International Exhibition Organizers In China
Leadership Behaviour
DBA Nobel Laureates Forum(Sept 18, 2007)
Nobel Laureates in Economics
Robert Mundell1999
Thomas Schelling2005
Edmund Phelps2006
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Internationalization
Sauder School of Business University of British Columbia
Simon Graduate School of Business University of Rochester
IMD
Renmin University of China
Zhejiang University
EMBA & MSc Quality Management
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Collaboration is sustainablewhen it is of mutual benefit.
In the world today:
Connectivity & Collaboration
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“ Leading firms make strategic investments in collaboration…they believe…that they must discover new skills and organizational arrangements to make collaboration work.”
Based on a study of a range of industries, with interviews ofmore than 100 managers
“Learning the Fine Art of Global Collaboration” by Alan MacCormack and Theodore Forbath, Harvard BusinessReview, Jan 2008
Leading Firms and Collaboration
Role of the Leader: Encourage and Enable Collaboration
“Though past breakthroughs sometimes have come from a single genius, the reality today is that most innovations draw on many contributions.”
“Creativity and the role of the leader” by Teresa M. Amabile and Mukti Khaire, Harvard Business Review, Oct 2008
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Fruitfulness of academic collaboration proved by research
“The Impact of Research Collaboration on Scientific Productivity”, Barry Bozeman and Sooho Lee, 2003
Findings show the positive relationship between collaboration and productivity is remarkably robust
Are we business schools leveraging collaboration well?
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Collaboration within SchoolCollaboration across Schools
Collaboration between B-schoolsCollaboration with Business and Government
Regional CollaborationGlobal Collaboration
Collaboration within School
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Since 2005Partnership with PolyU School of Design, ranked 41st (BusinessWeek)
Collaboration across Schools
MBA (Innovation and Design Management)
Collaboration with Business and Government
The Hong Kong Maritime ScholarshipGovernment supportC.Y. Tung International Centre for Maritime StudiesBusiness/industry supportIMC-Frank Tsao Maritime Library and Research and Training CentreBusiness/industry support
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Global collaboration is the buzz.
We may also think about…
Regional Collaboration
“Regional partnerships are an opportunity that should not be missed. From joint degree programs to collaborative research centres, there are many ways to join forces to exploit the location in the rapidly developing Asian management education and research spaces.”
Asian Management Education: Some Twenty-First-Century Issues, by David Montgomery, Journal of Public Policy & Marketing, Vol 24 (1), Spring 2005, p.150-154
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Mainland CollaborationPolyU, the largest overseas provider of government-approved business education in Mainland
Shanghai Jiaotong UniversitySeminar “Advanced Research in Logistics and MaritimeTransport” (20 Oct 2008)
Tsinghua UniversityMBA Innovation and Design Management
Zhejiang UniversityExecutive MBA; MSc Quality Management
Renmin University of ChinaDoctor of Management; Master of Professional Accounting
Xian Jiaotong UniversityMBA
Nankai UniversityMSc International Shipping & Transport Logistics
Journal of Contemporary Accounting & Economics (JCAE)
Applies economics and legal theoryto accounting/auditing with emphasison empirical research Financial contracts, corporategovernance, capital markets,financial institutions and economicsof organization
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Editorial BoardCo-Editors
Gul, Ferdinand A.The Hong Kong Polytechnic UniversitySimunic, Dan A.The University of British Columbia
Consulting EditorsSchipper KatherineDuke UniversityWatts, Ross L. University of Rochester
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Associate EditorsBall, RayUniversity of Chicago
Bartov, EliNew York University
Bradbury, Michael E.UNITEC Institute of Technology, New Zealand
Cheng, AngesUniversity of Houston
Clinch, GregUniversity of Melbourne
DeFond, Mark L.University of Southern California
Francis, JenniferDuke University
Griffin, Paul A.University of California, Davis
Healy, Paul M.Harvard University
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Associate EditorsJohn, KoseNew York University
Kim, Jeong-BonThe Hong Kong Polytechnic University
Kothari, S.P.Massachusetts Institute of Technology (MIT)
Park, Chul W.Sungkyunkwan University, South Korea
Pownall, GraceEmory University
Richardson, Gordon D.University of Toronto
Shevlin, Terrence, J.University of Washington
Shivakumar, LakshmananLondon Business School
Skinner, Douglas J.University of Michigan
Tsui, JudyThe Hong Kong Polytechnic University
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JCAE SymposiumsJCAE Malaysian Symposium, Kuala Lumpur (Jan 2007)Universiti Utara MalaysiaUniversiti Sains Malaysia
Joint JCAE and AJPT Symposium, PolyU (Jan 2008)Auditing: A Journal of Practice
Half-yearly JCAE Australian Symposium, Sydney (Jan 2008)University of Technology, Sydney
Joint JCAE and CAR Symposium, PolyU (3-4 Jan, 2009)Contemporary Accounting Research
Joint JCAE and SNU Symposium, Seoul (Jan 2010)Seoul National University
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China Accounting and Finance Review《中国会计与财务研究期刊》
Published by Oxford University Press for The Hong Kong Polytechnic University and TsinghuaUniversityOne of the most cited journals on the Mainland(based on Chinese Social Science Citation Index)The First Refereed Journal of Accounting and Finance Published on the Mainland
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Collaboration top quality research
PolyU Faculty of Business ranks No. 78 in the world in UTD (University of Texas at Dallas) top business schools ranking based on research contribution in 24 top business journals
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Collaboration, The Ultimate Competitive Edge