Cooperation and Competition among Business Schools 2008 - - PDF document

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Cooperation and Competition among Business Schools

Judy Tsui Associate Vice President Dean, Faculty of Business Director, Graduate School of Business Chair 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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Com petition Blue Ocean Cooperation

Value Added Value I nnovation I rrelevant

• 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 Innovation

The 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 Renée Mauborgne, 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, China Motorola KAO Yueybin Chairman and CEO China Unicom (after merger of China Unicom and China Netcom) CHANG Xiaobing Chairman Alcatel Shanghai Bell YUAN Xin Director General of Dept. of Science and Technology Ministry of Information Industry, PRC WEN Ku President China Telecommunications Corp. WANG Xiaochu Chairman and CEO Giordano International LAU Peter Chairman & CEO China Mobile Limited WANG Jianzhou Deputy Mayor Shenzhen Government, PRC XU Qin President, Asia Pacific Motorola LEUNG Simon

Position Organization Name

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 interdisciplinary in its approach to both teaching and research.”

Nature, Vol. 446, April 2007

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Interdisciplinary Focus

Themes 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 Peg Managing 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 Mundell 1999 Thomas Schelling 2005 Edmund Phelps 2006

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Internationalization

Sauder School of Business University of British Columbia Simon Graduate School of Business University of Rochester I MD

Renmin University of China Zhejiang University

EMBA & MSc Quality Management

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Collaboration is sustainable when 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 of more than 100 managers “Learning the Fine Art of Global Collaboration” by Alan MacCormack and Theodore Forbath, Harvard Business Review, 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 School Collaboration across Schools Collaboration between B-schools Collaboration with Business and Government Regional Collaboration Global Collaboration

Collaboration within School

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Since 2005 Partnership 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 Scholarship Government support C.Y. Tung International Centre for Maritime Studies Business/industry support IMC-Frank Tsao Maritime Library and Research and Training Centre Business/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 Collaboration

PolyU, the largest overseas provider of government- approved business education in Mainland

Shanghai Jiaotong University Seminar “Advanced Research in Logistics and Maritime Transport” (20 Oct 2008) Tsinghua University MBA Innovation and Design Management Zhejiang University Executive MBA; MSc Quality Management Renmin University of China Doctor of Management; Master of Professional Accounting Xian Jiaotong University MBA Nankai University MSc International Shipping & Transport Logistics

Journal of Contemporary Accounting & Economics (JCAE)

Applies economics and legal theory

to accounting/auditing with emphasis

• n empirical research

Financial contracts, corporate

governance, capital markets, financial institutions and economics

• f organization

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Editorial Board

Co-Editors

Gul, Ferdinand A. The Hong Kong Polytechnic University Simunic, Dan A. The University of British Columbia

Consulting Editors

Schipper Katherine Duke University Watts, Ross L. University of Rochester

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Associate Editors

Ball, Ray University of Chicago Bartov, Eli New York University Bradbury, Michael E. UNITEC Institute of Technology, New Zealand Cheng, Anges University of Houston Clinch, Greg University of Melbourne DeFond, Mark L. University of Southern California Francis, Jennifer Duke University Griffin, Paul A. University of California, Davis Healy, Paul M. Harvard University

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Associate Editors

John, Kose New York University Kim, Jeong-Bon The Hong Kong Polytechnic University Kothari, S.P. Massachusetts Institute

• f Technology (MIT)

Park, Chul W. Sungkyunkwan University, South Korea Pownall, Grace Emory University Richardson, Gordon D. University of Toronto Shevlin, Terrence, J. University of Washington Shivakumar, Lakshmanan London Business School Skinner, Douglas J. University of Michigan Tsui, Judy The Hong Kong Polytechnic University

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JCAE Symposiums

JCAE Malaysian Symposium, Kuala Lumpur (Jan 2007) Universiti Utara Malaysia Universiti 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 Tsinghua University One 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