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JulyAugust2003

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"WHETHER IT IS IN THE BUSINESS WORLD OR THE ACADEMIC WORLD, RESILIENT LEADERS ARE THOSE WHO FILL PEOPLE WITH DREAMS AND HELP THEM ACHIEVE THEM." had a median age of 38 and a me- dian of 10.73 years of work experi- ence. Twenty-two percent were pay- ing for their own EMBA degrees, a sharp rise from the 7 percent who were self-funded in 2000. Only 44 percent of this year's respondents were fully funded by their employ- ers, compared to 55 percent in the 2000 survey. Students reported earning an average of $91,800 upon entering the program and $105,200 upon graduation. In a second survey conducted by the EMBA Council, the Program Survey, the council examined indus- try standards for EMBA programs by surveying 89 programs. It deter- mined that 56 percent of the pro- grams reported costs of $45,000 or lower; 24 percent reported costs of more than $60,000. Sixty-five per- cent of programs were between 19 and 23 months long, while no pro- gram was shorter than one year. The median number of in-class hours was 555; the median number of in-class hours for one hour of credit was 12. The study clearly shows that course integration has become criti- cal for EMBA program administra- tors, and 68 percent of participants mentioned cross-functional projects as a strategy for curriculum integra- tion. Almost as many said they specifically designed cross-functional courses or used cross-functional cases. Globalization remained an- other important trend. Ninety-one percent of programs with costs of more than $60,000 included inter- national residencies, compared with 87 percent of all programs. Programs reported an average class size of 43 students. Seventy-six percent were male, 75 percent were white, and 94 percent were U.S. citizens. Accenture Chief Speaks on Leadership Joe W. Forehand, chairman and CEO of Accenture, has been chosen as Beta Gamma Sigma's International Hon- oree for 2003. He was recognized at a BGS luncheon held during AACSB's International Conference and Annual Meeting in New Or- leans. Taking the opportu- nity to speak on the "human dimension of leadership," Forehand noted that "lead- ership and workforce issues have emerged at the top of the list of strategic priorities for most companies." When Accenture recently —Joe W. Forehand, Accenture skills and an understanding of the human dimension of organizational leadership. Accenture has recently appointed surveyed about 200 of its senior executives, he said, it found that 75 percent of its execu- tives believed people issues were more important than they were last year. These managers specifically said they needed people with the right skills who could create a successful culture and value system within the company. Forehand encouraged business school deans to consider how they can develop a new style of leader with sharp communication a Chief Leadership Officer who is in charge of developing leadership training and instilling the right cul- tures and values within the company. Forehand explained that executives at Accenture have developed a multi- dimensional view of what makes an effective leader: someone who is trustworthy and approachable; someone with a teachable point of view; and someone who can build a winning attitude within an organization. Forehand also spoke of through the disasters of September 11, 2001. "Whether it is in the busi- ness world or the academic world, resilient leaders are those who fill people with dreams and help them achieve them," says Forehand. "They inspire. At Accenture, we look for what we call momentum creators, people with a powerful, can-do spirit. That is a lot of what leadership is about." his admiration for Rudy Giuliani, who led New York Penley Moves to Colorado State Larry Penley has been named president and chancellor of the Colorado State University system. Penley had been dean of the business school at Arizona State University since 1991. Said Penley, "It is an incredible honor to be selected to lead this great institution. I am thrilled with this opportunity, excited by the challenges that are ahead, and confident in the abilities of the faculty, staff and students of Colorado State." During Penley's tenure at ASU, he developed close ties with regional and na- tional businesses; the school added a dozen endowed chairs and 15 professorships. In January of this year, the school received a $50 million gift from New York City real estate investment banker, Wm. Polk Carey, and was named the W.P. Carey School of Business. BizEd JULY/AUGUST 2003 9

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