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We need businesses to help us increase the public's understanding of the importance of AACSB accreditation, to raise awareness of the roles that business schools play, and to encourage financial investment in our institutions. money." In fact, by pursuing common goals under common standards, we already are one step ahead and that much clos- er to achieving our objectives. It's uplifting to realize how much our organization can accomplish once we recognize the truth of that statement, that economic prosperity is a cornerstone for peace and col- laboration around the world. It's inspiring to think that what we teach in our classrooms every day can play a part in mak- ing the world a better and safer place to live. AACSB has been the premier accrediting body for man- agement education since 1916. I am confident that it will continue to grow and adapt to a rapidly changing business world; it will work to ensure that our future leaders are pre- pared to lead our global economy. Throughout these efforts, over the coming year, it will be my privilege to serve as your board chair. ■ z Richard A. Cosier is the dean and Leeds Professor of Management at Purdue University's Krannert School of Management in West Lafayette, Indiana. About the Krannert School of Management of Management marked its 50th anniversary. Although the school is relatively young by business school standards, it has grown considerably since its inception, now educating nearly 3,400 undergradu- ate, masters, executive education, and doctoral students, and boasting more than 32,000 alumni. Krannert prides itself on producing graduates who become leaders of tech- nology-driven enterprises, as well as on developing robust operations manage- ment, quantitative analysis, and supply chain manage- ment curricula. Building on those strengths, Krannert's Global Supply Chain Man- agement Initiative (GSCMI) works with companies to identify problems, develops teaching materials, helps companies and students with their professional L ast fall, Purdue Univer- sity's Krannert School Rawls Hall and the Krannert Building at the Krannert School of Management development, and shares best practices through con- ferences and meetings. The GSCMI annual conference attracts a range of practi- tioners to West Lafayette to discuss such issues as global sustainability and managing operational risk. The Krannert School also continues to globalize its programs. Since 1999, the school has partnered with the GISMA Business School in Hannover, Ger- many, to provide full-time and Executive MBA educa- tion. It also has agreements with universities in the Netherlands and Hungary for its International Master's in Management degree, part of Krannert's execu- tive education programs. Most recently, the school signed agreements with three universities in China to provide cooperative educational and research opportunities for its stu- dents and faculty. The topics of ethics and integrity form the founda- tion of Krannert's cur- riculum and are integrated throughout its courses. The school co-sponsors the Pur- due Series on Corporate Citizenship and Ethics with the university's College of Education. Past keynote speakers in the series have included Nobel Laure- ate Lech Walesa, former president of Poland; Ben & Jerry's co-founder Jerry Greenfield; and former Senator Paul Sarbanes, co-author of the Sarbanes- Oxley Act. As the school looks for- ward to its next 50 years, it promises to continue to view ethics and integ- rity as the foundations of management practice. The goal, says its dean Rick Cosier, is to ensure that all of Krannert's students "learn to manage complex organizations in a social context and to use integrity in making decisions." BizEd SEPTEMBER/OCTOBER 2008 57