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Up, Down, Over, or Out? Exit Options for a Successful Business School Dean
J. Howard Finch, Samford University Faye S. McIntyre, University of West Georgia
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Purpose of Research To examine the career alternatives following the conclusion of a successful deanship
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Survey Findings: Intentions of Deans
Source: AACSB 2007
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Exit Strategy Options Provost Up President Other Exit Decisions Down
Faculty Over New Deanship Exit Academia Out Retire
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Up: University Provost
Positives Negatives Natural administrative progression Enhanced salary No fundraising Chance to impact entire university Tremendous stress and responsibilities State and campus politics Leaving business school Managing business dean Relocation possible
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Up: University President
Positives Negatives Pinnacle of academic career Legacy status Strong prestige Highest possible salary Leverage dean experience Tremendous stress and responsibility Plethora of constituents Media relations Nonacademic Issues (athletics, Greek system, housing, etc.) State and campus politics Enhanced fundraising Relocation likely
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Up: VP Advancement Positives Negatives Enhanced fundraising skills
Salary and benefits Stepping-stone to presidency (?) Outside of business school Outside of academic affairs
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Up: VP Business and Financial Affairs
Positives Negatives Enhanced budget skills on larger scale Salary and benefits (?) Stepping-stone to presidency (?) Outside of business school Outside of academic affairs
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Down: Return to Faculty
Positives Negatives Reduced stress and responsibility No relocation Still in business school Sabbatical (?) Return to classroom Freedom of time Working with former subordinates Restart research agenda Reduced salary Potential conflicts working for successor Teaching and grading Gaps in discipline and technology
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Over: Other Deanship Positives Negatives Enhanced salary
Fresh start – new challenge and new administration Builds on experience Still in business school Continuity in AACSB and peer groups Relocation Learn new community Learn new culture Form New Leadership Team
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Out: Opportunities Outside the Academy
Positives Negatives Private sector leadership roles Public sector leadership roles Public service Consulting End of academic career Loss of academic lifestyle
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Out: Retirement Positives Negatives Gift of time
Clean break from and for successor No politics or responsibilities Ability to enjoy next phase of life No relocation required Reduced income Loss of daily engagement Possible loss of identify Possible family stress
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One Final Thought All deanships are finite.
Recognition that the exit question is not one of if but of when and how, will benefit the individual and the business school to which so much time, energy, and talent have been devoted.
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Thank you!
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