Issue link: http://www.e-digitaleditions.com/i/55470
Paths to Performance by Gordon McCray, Charles Iacovou, Michelle Roehm, Matthew Phillips, and Steve Reinemund A s business schools cope with tighter budgets and restricted resources, it's more important than ever that they design the best models for teaching and schol- arship. Recently, we rethought our entire approach to faculty development when we merged what had been two schools—the Calloway School of Business and Accounting and the Babcock Graduate School of Management—into the Wake Forest University Schools of Business in Winston-Salem, North Carolina. The result is a multilayered approach that we call the Fac- ulty Path Model, which gives our faculty more opportuni- ties to tap their greatest talents and perform to their fullest potential. It also provides our leadership with efficient, transpar- ent, and holistic methods to maintain academic quality, manage school operations, and use school resources more effectively. Wake Forest replaces a "one-size-fits-all" approach to faculty evaluation with a six-path model, which allows faculty to pursue the path that best suits their passions and strengths. 42 BizEd JANUARY/FEBRUARY 2010