Archive for March 28th, 2012

MBA Rankings: A loser’s uh-oh upsets conventional wisdom …

March 28, 2012

In a prior post, we looked at changes in Business Week’s rankings of MBA program in the 10-year period from from 2000 to 2010.

The key observations:

  • 13 MBA programs (e.g. HBS, Wharton, Kellogg) held their top 30 positions – plus or minus a spot or two – between 2000 and 2010
  • 6 MBA programs were in the 2000 Top 30 and improved their position by 6 or more spots between 2000 and 2010
  • University of Chicago  jumped 9 spots to take over the #1 ranking
  • 6 MBA programs that weren’t in the Top 30 in 2000 broke into the 2010 Top 10
  • 5 MBA programs dropped a whopping 15 places or more from 2000 to 2010 (more on that later, too)
  • Another 6 MBA programs dropped 5 spots or between 2000 to 2010

Also in a prior post, we observed that among the 6 MBA programs that weren’t in the Top 30 in 2000 and broke into the 2010 Top 10, SMU is the shining star.

SMU came out of nowhere – unranked as late as 2006 – and soared to #12 in 2010.

They did it with A+ Teaching and A+ Career Services … that earned them a #6 ranking with Corporate Recruiters and a #12 ranking overall.overall.

While SMU’s formula reflects mucho common sense, it’s not exactly conventional approach.

More often, MBA programs try to boost their rankings through intensified faculty research.

The logic: publish in academic journals, get recognized as thought-leaders, attract better students and recruiting companies … and a virtuous cycle becomes unstoppable.  Makes dense.

Our neighbor, the University of Maryland’s Smith School of Business tried that approach … with some disappointing results.

In 2000, Maryland was  at #27.

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Given its relatively low #33 rating in Intellectual Capital, Maryland turned up the research jets.

Successful?

Well, Maryland’s ranking in Intellectual Capital skyrocketed to #2 … trailing only Duke – a perennial research giant.

What happened to it’s overall ranking?

Maryland dropped 15 spots … out of the Top 30 … to #42.

Ouch.

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Source: Business Week – 2000 & 2010 MBA Rankings

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BTW: The #3 program in Intellectual Capital is Wake Forest.

Its overall rank?

According to Business Week … #47.

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Hey, can I have your job (for awhile)?

March 28, 2012

Punch Line: Businesses are giving employees the opportunity to work in a different department or temporarily swap places with a coworkers overseas in order to improve collaboration and retention.

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Excerpt from WSJ: “Co-Workers Change Places”

Companies are discovering that short- to medium-term moves for rank-and-file employees help workers sharpen their skills, stay motivated and identify new roles. Moreover, they help address a challenge: how to better foster collaboration across different specialties and regions.

At Intel employees search an internal database with hundreds of job listings. These assignments allow workers “to test-drive a job or make connections in different departments.”

At Virgin America, a handful of flight attendants recently traded places with colleagues at Virgin Australia.

Skills-based rotations are more valuable than swaps that are purely geographic. While a program like Virgin’s offers employees some short-term benefits, it may have less impact on a company’s overall effectiveness.

Global exchanges can be a valuable retention tool for multinational companies.

Edited by ARK

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