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    40th Anniversary Celebration book 40th Anniversary Celebration book Document Transcript

    • Warwick Business School Building on 40 years of innovation, diversity, and success
    • 1967 1977 1987 1997 2007 Students 24 Alumni 965 Alumni 3,400 Alumni 10,700 Alumni 21,500 Staff 5 Students 204 Students 815 Students 3,160 Students 7,539 Courses 3 Staff 41 Staff 104 Staff 263 Staff 304 Courses 6 Turnover 3.1m Turnover 12.4m Turnover 36.5m Courses 11 Courses 17 Courses 26 Alumni 1967 1969 1973 1976 1978 1981 1983 1985 1989 1994 1998 2000 2001 2002 2003 2004 2005 2006 2007 Two years after First Roger Derek Robert Dyson Thom Watson George Bain Peter Doyle Robin Wensley Robert Galliers Robert Dyson WBS is the first WBS is again Phase 2 of WBS Guardian Five new The Times With three WBS celebrates the University undergraduate Fawthrop Waterworth becomes Chair becomes Chair becomes Chair becomes becomes Chair becomes Chair becomes UK business awarded the Scarman Road survey of top professors join Good new specialist 40 years of is formed, SIBS course becomes Chair becomes Chair of SIBS of SIBS of SIBS Director of the of WBS of WBS Dean of WBS, school to highest rating opens employers WBS. Seven University masters innovation, Students (The School launched of SIBS of SIBS Warwick MBA leading the be triple for the quality rates WBS more are in Guide 2006 degrees, diversity, and MSc in The launch of success of Industrial by full-time School for a accredited by of its research graduates the process of places WBS and the MSc Management the Warwick & Business study second time AACSB, AMBA, as most recruitment as the best Management, & Business MBA by Phase 1 of WBS Phase 3a of Studies) & EFMD employable overall WBS now has Studies Launch of the modular study WBS is formally Scarman Road WBS Scarman springs to life in the UK undergraduate ten masters becomes the Warwick MBA admitted Howard opens Road opens Staff as one of the business courses Warwick MBA by evening to PIM Thomas Wharton & first business my.wbs education by full-time & integrated (Partnership in becomes Dean WBS agree schools in the community provider in study study International of WBS exclusive UK, with Brian web site the UK 1970 1984 1986 1988 1990 Management) undergraduate Houlden as launched exchange Chair Launch of the Centre for SIBS is one WBS takes its The number of programme Hugh Clegg Industrial Small and of three UK present name academics at appointed Relations Medium Sized business MBA teaching WBS reaches Turnover founding Research Unit Enterprises schools to 100 centre opens Professor begins be rated as of Industrial operations ‘outstanding’ Relations by UGC in 1968 Growth at WBS the research selection Programmes First three exercise masters Since 1967 WBS has achieved successful growth in all areas. The launch of courses the Warwick launched MBA by distance learning 1967 1977 1987 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 1995 Sue 1977 Bridgewater becomes the MSc 1989 first Warwick Management MBA to achieve & Business A seminar a PhD mid-1960s Studies in the ‘new’ 2000 2007 students MBA teaching View from the centre Valerie Phase 3a of 1980 Lachman WBS Scarman library towards Rootes Social Social Studies becomes Road opens building building under the 2,000th construction graduate of the Warwick MBA
    • Building on 40 years of innovation, diversity, and success
    • Warwick, consistently one of the most entrepreneurial universities in the country Lambert Review, 2003 Strong friendships, team spirit, and an enduring international network of contacts developed our vision over the year. My fellow participants came from 40 To be a leading thought-developer and innovator countries around the world, among global business schools and with a massive range of backgrounds, career paths, cultures, experiences, and our mission aspirations. You cannot fail to learn a huge amount from such a diverse group of successful To educate and develop excellent students as global and highly motivated people. citizens and, in turn, promote new knowledge for the It was a privilege to have the growth of business and society opportunity to see how other people deal with situations, and different ways of tackling our objectives problems. Manny Coulon, MBA (Warwick) Class of 1998 To be a distinctive leading business school with Managing Director a strong international reputation IdeasForTheKids.com To be a leader in management education, research, Member of WBS Alumni Board and knowledge innovation & WBS Donor To create leaders for business, government, and society The success of WBS is To build upon and enhance the long-term stability important because it is one of of WBS our leading schools. It helps maintain the UK’s global To build excellent instructional facilities for faculty, competitiveness and attraction staff, and students to ensure they form an integrated Rupert Howell whole BSc Management Sciences To embrace our alumni and friends as advocates in Class of 1975 maintaining and furthering the reputation of WBS Regional Director & President EMEA Chairman UK McCann-Erickson Rupert Howell BSc Management Sciences Class of 1975 Regional Director & President EMEA Chairman UK McCann-Erickson
    • Having reached our 40th year, we are now a leader in the global premiership of business and management education. Our goals and objectives are clear. With your help we can make our vision a reality.
    • In 2007 Warwick Business We now operate in a highly School celebrates its 40th year, competitive premier league Olga Klincheva creating an opportunity to of global business education. MSc Marketing & Strategy reflect on our achievements To maintain our position over the last four decades and requires determination, to look towards the future. innovation, and focus. To achieve our goal to be the From a couple of temporary top business school in Europe huts at the top of Gibbet Hill we need to have investment too. Road, with a small cohort of postgraduate students, WBS As I talk with alumni and is now one of the leading friends of WBS from around departments of the University the world, I am delighted and of Warwick and in the top grateful for the support and 1% of global business schools. encouragement that they We offer a unique, broad provide. Those who have portfolio of business education, invested their time, talent, and both in terms of study level financial resources to preserve and specialisation. Our alumni and strengthen the School number 21,500, 35% of whom are crucial to our continued are based overseas in over 130 success. countries. We are, of course, extremely Warwick Business School is grateful for the contributions a community based around a already made. However, as common purpose: to educate WBS responds to the increasing and develop excellent students changes and demands of the as global citizens and, in turn, market, we need the support promote new knowledge for of our alumni and friends the growth of business and society. We are committed to a more than ever. You really can change someone’s life by Warwick Business School is not just a set of buildings or an educational construct. We are a community based upon educational excellence, Challenging minds, changing lives set of values that have integrity, becoming an intrinsic part of a network of relationships and an ethos of developing and sharing respect and sensitivity to Warwick Business School’s knowledge. This ethos is embedded in people; staff, students, friends, diverse cultures embedded at future. We welcome your and alumni. We all have a vested interest in the future of WBS. their heart. We pride ourselves support. on our ability to leverage Having reached our 40th year, we are now a leader in the global Professor Howard Thomas our strong research base in a Dean, WBS premiership of business and management education. This book charts collaborative manner with our & WBS Donor the success that is Warwick Business School today, and shows where colleagues in other University investment is leading us for the future. We hope you will be part of of Warwick departments. that future. This allows us to deliver practical solutions backed by intellectual rigour.
    • I am proud to be a member of the WBS Advisory Board. Given my time as a plc board director and now as a top search consultant helping the UK’s FTSE boardrooms, I hope I can offer helpful insight into varied corporate markets. Research matters Jan Hall OBE Partner, JCA Group Warwick Business School is research led. In the last Research Assessment Exercise (2001), we achieved the highest 5* accolade, The eclectic culture at WBS placing us as one of the top three research business schools in is as diverse as the nationalities the UK. These research credentials are fundamental to our culture of the students and faculty and differentiate us from teaching colleges or commercial training that make up the community. companies. A plethora of business perspectives are fostered here. More than this, we know that there is a link between the knowledge These add depth and breadth economy and the creation of knowledge. Our academics create the of knowledge, and work to knowledge that drives practice in all types of enterprise, public and strengthen the community private. itself. With recognised research leaders across disciplines as diverse as I’m in my second year of a pensions, industrial dispute resolution, business strategy, customer Law & Business degree at service, enterprise, CSR, sports management, public sector WBS. Through the skills gained governance, sales marketing, and energy policy, people don’t choose at WBS, both academically to study at WBS for a normal education, they come to us for grounded, and professionally, I already well researched ideas… ideas that work in the real world. feel very well equipped for the future. Being part of this aspirational community, I’m Developing students ready for whatever follows in my career. At the heart of WBS is its mission to create the next generation of WBS has given me the perfect business leaders. We strive to turn students with potential into global platform from which I shall citizens with the skills to benefit business, government, and society – achieve my aims. by passing on the knowledge gained through our research leadership Adam Cusworth to enhance the practice of management. Current student on our BA in Law & Business Studies Our faculty has both breadth and depth. We have experts across nine subject groups and a range of research centres, units, and special interest groups that cover key business and management disciplines. Unlike many other institutions, where teaching is left to the newest and most inexperienced staff, our students benefit from being taught by senior academics, gaining from their richness of experience. Their direct involvement has led to innovative new curricula, new masters courses and the ability to supervise one of the largest and most successful doctoral programmes in the world. Jan Hall OBE Partner, JCA Group
    • I was truly impressed by Warwick’s industry orientated and outcome based approach… Dr Gary Wilmott Deputy Chief Executive Singapore Workforce Development Agency Case study Case study Case study Sharing knowledge effectively Warwick Finance Research Institute Keeping it under control IKON conducts international research WBS aims to foster cross-departmental The Centre for Management Under Regulation into innovative theoretical and practical research which creates relevant discovery (CMUR) is a partnership between WBS approaches to management and organisation, and theory for business and industry. and a consortium of corporate supporters. and runs a practitioner network, the A key example of this is the Warwick Finance It undertakes multidisciplinary research into Knowledge and Innovation Network (KIN), Research Institute (WFRI), established to issues of management in regulated industries, that counts the following organisations co-ordinate and stimulate research in the working closely with the regulators and the amongst its supporters: BAE Systems, area of finance at the University of Warwick industries. CMUR facilitates and participates Masterfoods UK, Corus, Orange, Baker & as a whole. Research is carried out in in debate at both domestic and international McKenzie, Lewisham City Council, Small the Finance group of WBS and in the levels and encourages academics and Business Service, PricewaterhouseCoopers, Mathematics, Statistics, Economics, and practitioners to work together. ConocoPhillips, IDeA. Psychology departments of the University. WFRI also coordinates seven distinct but interactive research programmes. Relevant to business Case study Understanding the workplace Case study Enterprising endeavours Established in 1970, and now with 20 The Centre for Small and Medium Sized By fusing high quality academic research with practical relevance academic staff, the Industrial Relations Enterprises (CSME), under the directorship we can help individuals and their organisations to move forward. Research Unit (IRRU) is one of the largest of Professor David Storey, is one of the Our academics and students are closely involved in real business and best-regarded centres for the study of leading centres for the research, teaching, situations, both in research and in consultancy. Our research is industrial relations in Europe. Its Advisory and training of SMEs in the UK. CSME was valuable, sometimes crucial, to an organisation’s continuing success. Committee includes senior officials of the established in 1984 to undertake training for We work and collaborate cross-industry, cross-discipline, cross-sector DTI, CBI, TUC, and Acas. IRRU research has the Department of Employment, and to teach with local, national, and international organisations. always been built around timely core themes. on both undergraduate and postgraduate Having analysed workplace trade unionism courses within WBS. In 1987 a £1m research Reflecting wise strategic management over the past 40 years, WBS in the 1970s, pioneered HRM research in programme began, funded by the ESRC, is long renowned for its relevance to business, and often cited as a the 1980s, and focused on the employment as the largest ever project undertaken on leader in exploiting research to forge business excellence. Recent client relationship during globalisation in the researching small businesses in the United companies include TNT Express, E.ON, Lloyds TSB, Fujitsu Services, 1990s, current research clusters around five Kingdom. Today, CSME specialises in Network Rail, UBS Investment Bank, Peugeot-Citroën, RBS, HSBC, themes: employment relations implications quantitatively assessing the effectiveness of League Managers Association, AEA Technology, Defence Agency, of Europeanisation and internationalisation; public policy towards SMEs, with research equality and diversity; pay, performance, strengths in fast growth firms, start-ups, and National Grid Wireless. and employment relations; employee financing, marketing, and human resources. At a university-based business school, it is natural to expect academic representation and employee voice; research to be passed on through teaching. However, our research and the legal regulation of employment. is also directly accessible to organisations through consortia and networks established by our research centres and subject groups, covering the breadth of business and management.
    • Sports Management I have been researching sports management, particularly football and rugby but increasingly in all sports, since 2001. My interest lay in the intense loyalty shown by sports fans to their team. WBS has always taken the view Increasingly, analysts, press that marketing and strategy and researchers in football are interrelated disciplines call these teams ‘brands’, but that are essential to business I was interested in how they success. Strategic management are similar or different to other research at WBS considers both high involvement brands. economic and sociological perspectives which shape the In 2002, I became involved direction of organisations. in teaching and developing We consider how both the the Certificate in Applied make-up of organisations and Management for professional economic influences affect footballers who want to become high-level decision-making. successful managers. This is a Our marketing research fairly high profile course, as we focuses on how firms position have had participants such as themselves to deliver and Mark Hughes, Stuart Pearce, communicate real value to Aidy Boothroyd, and Kevin their customers now and, by Blackwell. innovation, in the future. As a result I am now in the Across the board, we work to process of setting up the Centre understand how businesses can for Global Sports Management be more competitive and more at Warwick Business School. effectively directed. It has been very useful being John McGee based at WBS because of the Professor of Strategic range of teaching facilities here Management and at the University more Associate Dean, broadly (including excellent Corporate Relations, WBS pitches). Moreover, WBS has global credibility in the Professor Nigel Piercy and Dr Nikala Lane’s Professor David Wilson and his colleagues management field which helps innovative research programme at WBS have, for the last 20 years, been studying in the professionalisation of focuses on strategic buyer-seller relationships. how strategic decisions are made and put sports management in the UK. The Strategic Sales and Customer into action. Over this time they have tracked Management Network provides a ‘think-tank’ 155 decisions to the point of authorisation Sue Bridgewater for member organisations like AT&T, British and 55 to implementation. This data set is Associate Professor of Energy, BP, Earth Tech, EMC, Janssen-Cilag, one of the richest longitudinal studies in the Marketing & Strategy and Standard Life to combine academic world, and is invaluable in understanding research with practical insights into delivering the organisational context of strategy. more value to customers as their expectations Interesting outcomes include confirmation increase. that the CEO sees things through from start to finish in the most successful decisions, and that intellectual capital matters more than organisational structure or culture. Sue Bridgewater Associate Professor of Marketing & Strategy
    • The WBS Public Management Operations Corporate Citizenship & Policy group has developed Management For the last four years I have its work on a multidisciplinary I try to create a variety of been a Fellow of the World basis, including perspectives emotional responses in my Economic Forum. This has from politics, sociology, classes. For example, fun and recently included business economics, philosophy, law, enjoyment through the use and humanitarian relief, and social policy, as well as of humour through stories, moral dilemmas, and the public management, and cartoons, and video clips; some risk of human pandemics. with an active commitment degree of intimidation through I undertake advisory work to cross-national comparison. direct questioning which tests and research with logistics This includes developing that people have read a case and transportation companies research and development before we start on it; care including TNT, DHL, DPWN, relationships with academic through my personal attention FedEx, and UPS around social and practitioner colleagues to the needs of individuals in and environmental issues. in Europe, North America, the class; and passion through As well as having the ears of the Australasia, and Africa. a sense of excitement of the world’s leading CEOs, I’ve had material. The higher peoples’ the pleasure of the company John Benington level of emotional engagement of Bono, Angelina Jolie, and Professor of Public Management & Policy in a subject the more they Youssou N’Dour so there are will remember. I even teach some perks! that organisations wanting Recently I advised the Global to deliver great service need Business Risks Network on the to identify the emotions they Bob Johnston development of maps of the top want their customers to feel, Professor of Operations 10 global risks CEOs perceive and then design their service to Management as most likely to threaten their deliver them. (I try to do what Warwick MPA participants visit business in the coming year. I preach.) South Africa for a module on These included terrorism, sustainable development The great thing about climate change, human Growing good government Operations Management Bob is a member of the Operations Management (OM) group, the largest OM faculty in the UK, which focuses on the design, pandemics, oil price spikes, is that is is an applied and fiscal crisis, earthquakes, planning, control, and improvement of operations in both WBS doesn’t just focus on business organisations. We recognise pragmatic subject. So I often manufacturing and service, private, and public sectors. With a tropical storms, corporate that many of the biggest issues facing society and the economy start a Warwick MBA or wealth of business experience and eclectic academic research, governance, Middle East cut across the boundaries between the private, public, and executive class by saying that the group is renowned for its high quality teaching, research, stability, and China’s impact voluntary sectors. the acid test of the module is and business partnerships. on the global economy. whether they can take away The maps can be seen at Bob’s research, in collaboration with scholars and Case study two or three ideas or tools that www.weforum.org organisations from around 20 countries, includes service Public management & government will make a difference to what excellence, service recovery and complaint management, and I am also part of a working WBS has built a reputation in the UK and internationally as a pioneer they do in their work. When I performance measurement. He is the co-author or editor of group studying the best ways of management education and research in the public and voluntary check this back at the end the over 25 books, has contributed over 30 chapters to other texts, to identify, measure, predict, sectors. Since the 1980s, WBS has established research and teaching answer is invariably yes. and has published around 50 articles in refereed journals. and communicate complex that doesn’t just focus on the public sector in isolation, but explores Bob Johnston global business risk, involving the inter-relationships between public, private, and voluntary and Professor of Operations the World Economic Forum, grassroots community sectors – the state, the market, and civil society. Management Swiss Re, Wharton Business Through its Institute of Governance & Public Management (IGPM), School, SIPRI, and others. launched in March 2001, WBS academics are developing innovative programmes of applied research and development jointly with Alyson Warhurst Professor of Strategy & senior policymakers and managers at all levels of government (local, International Development regional, national, and supranational) which impact directly on the quality of government and public and voluntary service.
    • PepsiCo began working with Pensions Warwick Business School at Pensions are much in the the start of 2007 and have news with worries about the successfully hired high-calibre ending of occupational pension candidates into both internship schemes and uncertainty about and permanent positions the future of state pensions. within our UK business. I have done much work on Our relationship with WBS the new Pension Protection has flourished as we have Fund (PPF), set up by the developed our proposition for Government to compensate recruiting from their hot-bed people when their pension plan of talent and we have created a fails. I have shown that the partnership which I’m sure will future solvency of the Fund continue to go from strength- could well be problematic, and to-strength. my suggestions about how to improve the stability of the Ben Lamont Talent Acquisition Manager Fund have now been reflected PepsiCo UK in the way the PPF is funded. Anthony Neuberger Professor of Finance Sought-after For our graduates to be successful, employers must have confidence that they have the necessary skills to benefit their organisation. A recent study by a leading global business school among business and other leaders worldwide found that of the three key ingredients sought from business school graduates – knowledge, skills, and attributes – by far the most rare and hard to find were the latter. In particular the leadership elements of self-awareness, team- working, communication, and motivation of others are considered critical for organisations in the future. In the Warwick MBA, training focused specifically on developing these leadership attributes is now embedded and assessed as part of the programme. Our efforts are vindicated by the response from employers: h The 2008 Guardian University Guide gives WBS undergraduates ten out of ten for job prospects, as well as ranking our undergraduate programmes in the top two in the UK h Over 90 percent of our MBA graduates are employed within three months of graduation – on a par with Harvard Anthony Neuberger h The Times Good University Guide 2007 placed WBS undergraduate Professor of Finance students in the top three in the country for the 10th year – one significant criterion is employability h Attracting the very best talent and providing first-rate teaching gives our students the opportunity to work for some of the best employers in the world.
    • Our MSc in Information Systems & Management is a unique course. In contrast to others, which draw a distinction between business and technical issues, we appreciate and understand that information and communications technology is an integral part of global organisations that can help achieve competitive advantage. Unlike previous generations, where people occupied technical, managerial, or administrative roles, we recognise the fallacy of such distinctions. In designing our course, we have been keen to develop the capabilities, skills, and expertise of individuals for 21st century industry and commerce. Wendy Currie Professor of Information Left to right Systems Oksana Protsyuk Excellent teaching New courses Since 2005 we have added four entirely new Masters courses Flexible study At postgraduate level several of our masters courses are available Madhvi Khaitan Camille Noirot to our portfolio: MSc in Finance, MSc in Information Systems & by either full-time or part-time study. The Warwick MBA is the most Marina Nastyushenko WBS students are taught to the highest standard; the Quality Tim Kock Assurance Agency for Higher Education (QAA) rated WBS as ‘excellent’ Management, MSc in Marketing & Strategy, and MSc in Management. flexible offering distance learning, full-time, and modular delivery, Julian Morris in our last teaching quality assessment. All of our programmes and These join the existing six: MSc in Finance & Economics, MSc in and the option to mix modes depending on individual circumstances. Victoria Senkpiel courses have a participant feedback process to ensure this quality of Financial Mathematics, MSc in Management Science & Operational With over 20 years’ experience of global delivery, and the blended- teaching continues. Research, MA in Industrial Relations & Personnel Management, MA Students on the WBS learning expertise of our integral Learning Resource Development in European Industrial Relations, and MA in Organisation Studies. Undergraduate Programme But teaching is more than just standing in front of a class. You need team, we are able to deliver exactly what corporate clients need. Executive education continues to flourish with new clients for to have a course that people are interested in, develop the curriculum We provide programmes for employees in whatever part of the world customised courses from both the public and private sectors. and the content, and determine what method of delivery best suits they live and work, reinforcing internal networks and offering a highly your potential students and/or their employers. To achieve this, Curriculum development flexible interactive learning experience. WBS continues to innovate. The undergraduate, Warwick MBA, and doctoral programmes have Theory into practice all undergone recent curriculum reviews to ensure they meet the Executive education has to quickly be useful. Taking as an example a changing needs of the market. programme we run for a major utility company, we have combined the use of 360˚ feedback, psychometric tests, coaching and training, and a life journey exercise alongside reflective learning models and exercises to embed the learning in the workplace. Central to the programme design is the use of novels and film to get people thinking laterally. We also use an exercise in which participants meet corporate leaders from various sectors to explore their thinking and experience of ‘leading’. Finally, participants work on an executive issue sponsored by a principal board member.
    • I am inspired by the ambition of WBS – not merely to trade in intellectual capital, but to reinterpret the significant Ananda Roy MBA (Warwick) role of business in society. Class of 2005 I wish to contribute my ideas, Member of WBS Alumni Board my time, and my gifts to this & WBS Donor place I love so it may continue to transform the lives of the individual, of the community, and in no small measure, of nations. Nations where our alumni have shown themselves eager to be held to a high standard of intellect, integrity, and volition. Ananda Roy MBA (Warwick) Class of 2005 Member of WBS Alumni Board & WBS Donor WBS has a distinct feeling, it is different. It is a dynamic, entrepreneurial, ambitious school which does not know how to rest on its laurels. There is something very special about WBS, which is felt equally by An enriched global community staff, students, and alumni. Lucio Sarno The future Professor of Finance The Warwick Business School community is truly diverse with leaders & WBS Donor throughout the world and across sectors ranging from government to finance; not-for-profit to biotech; advertising to hospitals; engineering to the police. Such variety and diversity is what we would expect of WBS and has a positive effect on teaching, learning, and cultural understanding. It is something of which we can all be proud. H Half our current student population is from outside the UK. H Three quarters of WBS faculty have non-UK qualifications, have worked abroad, or are from outside the UK. H WBS has formal exchange links with over 60 prestigious business schools across the world. H WBS faculty have collaborative research links with peers in many of the other leading universities in the world, from Harvard to Shanghai Jiao Tong, Cornell to Witwatersrand, and Bocconi to Wharton. H Our alumni and students originate from and work in over 130 countries, spanning every continent. Kunal Jhanji, current participant on our MSc in Management
    • Business schools are in a highly competitive market. To get into the premier league, they have to attract the best students and the top academics. They need to offer state-of-the-art buildings, IT, lecture theatres, and libraries. Now 40 years old, Warwick Business School wants and needs to The top international academic stay ahead as a leading teaching and research institution, attracting stars [need] dedicated research the most able students regardless of opportunity, and moulding centres. All this costs money. outstanding and unique leaders across business and management. The Guardian, May 2004 For many years we have managed our finances wisely. At its foundation, as one of the first UK business schools, WBS secured over Time was when it would hardly 80% of its funding from the government. Times have changed and matter that a university was now, in real terms, just under 80% of our revenue is self-generated. isolated from its local business This demonstrates our innovative and entrepreneurial spirit in community. Today, links securing additional investment. between higher education and business are critical… It is Today, we need to continue to spend wisely. But to achieve our goals £36.5 important that our universities we also need to invest more. Maintaining our place in the top flight of have every opportunity to global business schools requires keeping up with some of the richest raise the resources they need. institutions in the world whose pockets have been made deep through Increasing voluntary giving the generosity of generations of friends and alumni. In 2007, the Prime Minister spoke about investing in higher education. million is a vital step in enabling institutions to build up He noted that UK universities are competing with better funded substantial endowments over competitors abroad, not least in the United States. Business education the longer term, so that they today is arguably more competitive still. British universities must be can improve infrastructure, Investing in… the future ‘empowered to excel’ to meet the challenges of the 21st century. teaching, and student bursaries. In recent years, Dean Howard Thomas has modernised our governance and operations to meet the needs of the highly competitive business Tony Blair, February 2007 education marketplace. In 2005 we identified three key priority areas to support by investing our revenue: students, faculty, and the learning environment. Through this significant investment we aim to ensure that we remain in the global premiership of business management education in another 40 years time. How WBS is funded today 68% Academic fees & support grants 16% Educational grants 10% Research grants & contracts 6% Other
    • I feel proud to be able to study here and I know that I am getting the very best in Sarah Sweeney higher education that will Current student on our enable me to achieve my BSc in Management maximum potential. Every Scholarships at Warwick aspect of student life has been recipient catered for, from social to educational, and postgraduate to employment opportunities. I feel confident that with a WBS degree many doors will open. Sarah Sweeney Current student on our BSc in Management Scholarships at Warwick recipient As a self-funded MBA participant, being awarded a WBS Scholarship was especially important for me. It was a financial relief. I was delighted the scholarship committee believed I was not only capable of pursuing the Warwick MBA, but also to be Investing in… future leaders part of a selected team of top participants. I was already confident of the first (if you Our students are exceptional. Because we have a reputation for spend all this energy to apply excellence, our courses are usually heavily oversubscribed and we are for an MBA you have to believe able to select the most talented and promising students from around that you can actually pull it the world. We work hard internationally and provide scholarships to off!), but the latter really fired enable participation regardless of opportunity. my enthusiasm and motivation New scholarships for the Warwick MBA have been awarded to talented to the highest levels. participants from South America, Africa, Eastern Europe, North Elena Patra MBA (Warwick) America, and to outstanding women candidates. Class of 2005 Many business school scholarship schemes are funded by their I am proud to have been development funds. At WBS, we invest in the best students by funding associated with WBS over the from our income streams but with the support of alumni and friends, last decade, when it has gone we would be able to help many more talented candidates. from strength to strength and steadily improved its standing in the international rankings. It is great to be associated with such a successful school, where the faculty has such an excellent reputation. Val Gooding CBE, Val Gooding CBE, Chief Executive, BUPA Chief Executive, BUPA & WBS Donor & WBS Donor
    • Thomas Ahrens Joe Nandhakumar Professor of Accounting Professor of Information Systems Colin Carnall Director of Executive Anthony Neuberger Programmes Professor of Finance Bo Chen Sue Newell Professor of Operational Professor of Research Information Systems Colin Clubb Nigel Piercy Professor of Accounting Professor of Marketing & Strategic Management Colin Crouch Professor of Governance John Purcell & Public Management Research Professor Wendy Currie Stewart Robinson Professor of Information Professor of Operational Systems Research Ruth Davies Mark Salmon Professor of Professor of Finance Operational Research Andy Sturdy Paul du Gay Professor of Industrial Professor in Organisational Relations & Organisational Behaviour Behaviour Gordon Gemmill Hari Tsoukas Professor of Finance Professor of Organisation Studies Chris Grey Professor of Organisational Behaviour Investing in… faculty Lloyd Harris Professor of Marketing To be a leader in management education, research, and knowledge & Consumer Research innovation, WBS needs strong intellectual capital ensuring academic Loizos Heracleous depth as well as breadth. Since August 2003 we have appointed Professor of Strategy 22 new professors and now have an academic staff of over 200. Glenn Morgan Professor of Organisational Behaviour
    • Far left The drum (planned) Left The new WBS Social Hub (planned) Investing in… the environment The Postgraduate IT Centre We have also constructed a cutting-edge technology suite – a Undergraduate Centre With over 1,200 students on our single honours and joint degrees, contemporary area where postgraduate students have 24 hour WBS is the largest community of undergraduates at Warwick. Attracting the very best talent through inspiring facilities access to a wide range of resources to support their study. The centre The Undergraduate Centre will give them a base within WBS, Having given priority to students and faculty, our current greatest includes two structured teaching rooms and a flexible study area where they can meet, work, and network – a first for WBS. need is the continued development of the WBS learning environment. where they can create their own learning space or adapt it to provide We know that it is crucial to create an inspiring and motivating Social Hub an atmosphere that will aid project work and recreate businesslike environment that will continue to allow students and research to At the heart of our plans is a social hub – a discreet area that can environments. thrive. We have recently completed a £9m extension to our landmark be used by all students, faculty, staff, alumni, friends, and visitors. building, which itself cost £8m, all funded from revenue. This The Celebration Atrium The hub will contain a cafeteria and lounge area that can be used extension dramatically improves our teaching and learning facilities to: In the new extension, we have created an inspiring architectural space for a wide range of activities from breakfast clubs to alumni events. h One 160 seat lecture theatre where success can be celebrated and recognition given: distinguished It will be a main meeting point and offer a state of the art facility for visitors, alumni awards, donor recognition, and achievements of the executive functions. The hub will further communication, cultivate h Seven 75 seat lecture theatres WBS community will all feature. a sense of collaboration, and encourage the sharing of ideas across h Four 30 seat lecture/seminar spaces programmes and faculty. This will be the place for our campus h Three 20 seat seminar rooms Planning for the future community of over 3,000 people to meet. Despite the investment we have already made, our staff and students h Five 12 seat syndicate rooms remain spread across a number of buildings. To sustain and build upon h Twenty three 10 seat seminar rooms our position as a leading business school, we must provide all our h Eight 8 seat syndicate rooms students with modern teaching facilities to meet their expectations h One 16 seat syndicate room and to remain competitive. We need to have facilities that reflect our stature and ambitions. We have a £12m build at the planning stage h One IT teaching room with 64 workstations. which will provide efficiency by finally accommodating all our staff in a single structure. In addition to adding four more lecture theatres and two more seminar rooms, it will also offer two key features to reinforce the sense of community and shared thinking at WBS:
    • WBS is both a network and a community of like-minded and diverse professionals. They hold their experience in common, whether through sharing the same teachers and experiencing a similar set of opportunities to learn, or having shared ideas and creative moments at key points in life. Learning is lifelong and it is about creativity. It cannot be done alone and is best done as part of a community – our community. Together we have built a legacy at Warwick and at WBS. Let’s ensure we attract and nurture the best players of the future and share what a great team we are. Professor Howard Thomas Dean, WBS & WBS Donor Thank you We do hope you find this book inspiring. If you have any questions regarding any information contained here, please do not hesitate to contact a member of the Development team. We are here to help. Ben Plummer BA(QTS) Lower Primary Class of 1997 Director of Development & Alumni Relations, WBS & WBS Donor W www.wbs.ac.uk/about/development T +44 (0)24 7657 5835 E Development.Office@wbs.ac.uk
    • Designed in-house at WBS 06/07 [1233]. Photography by George Archer, Alastair Brandon-Jones & Nick Kaijaks WBS believes this document is accurate, but accepts no liability for errors or later changes.