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30 Contents BizEd NOVEMBER/DECEMBER 2005 VOLUME V, ISSUE 1 50 10 DEPARTMENTS 6 From the Editors 8 Letters 10 Headlines 48 Technology 52 Your Turn 54 Bookshelf 56 Calendar 58 Classifieds 64 Spotlight Cover photo: © BP p.l.c. 2005 BizEd NOVEMBER/DECEMBER 2005 1 FEATURES 18 Oil and Water Can environmentalists mix with energy barons? BP's John Browne believes they can—and must. 24 In Defense of the MBA Critics of management education can be found everywhere. Villanova University's James Danko comes to praise the MBA, not vilify it. 30 The B-School's New Home Business schools are commissioning new buildings that impress stakeholders and welcome students. 24 38 How to Hire Salary compression, the Ph.D. shortage, and a competitive market make finding faculty a monumental challenge for today's deans. Here's how a few of them are finding solutions. 44 The Asian Equation Temple University's Arvind Phatak says it's crucial to meet Asia's rapidly growing demand for high-quality management education.