Current Issue - Thunderbird Magazine - Thunderbird School of ...
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Current Issue - Thunderbird Magazine - Thunderbird School of ...
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Gallup recruiter Susan<br />
Shald, second from<br />
right, meets <strong>Thunderbird</strong><br />
students Oct. 25, 2012,<br />
during the Career Fair.<br />
<strong>Thunderbird</strong> President<br />
Larry Edward Penley has<br />
identifi ed employers as<br />
the school’s top customer.<br />
(KRISTEN JARCHOW)<br />
THUNDERBIRD MYSTIQUE<br />
<strong>Thunderbird</strong> first caught Penley’s attention<br />
during these years in Arizona and Colorado.<br />
“I’ve known and admired this campus for<br />
more than 25 years,” Penley says. “<strong>Thunderbird</strong><br />
was the model <strong>of</strong> global business, and<br />
<strong>Thunderbird</strong> remains the model <strong>of</strong> global<br />
business — even as other schools have focused<br />
more and more on international business.”<br />
He says he heard reports <strong>of</strong> the <strong>Thunderbird</strong><br />
mystique as an outsider, and he thought he<br />
understood the concept. But his understanding<br />
deepened when Interim <strong>Thunderbird</strong><br />
President Barbara Barrett invited him to join<br />
her transition team as interim provost in April<br />
2012.<br />
“I always thought I knew what the <strong>Thunderbird</strong><br />
mystique was,” Penley says. “But not until<br />
I interacted with the students and alumni<br />
did I realize what it was all about.”<br />
APPETITE FOR RISK<br />
Penley says <strong>Thunderbird</strong> will stay true to its<br />
core values in the 21st century, but the school<br />
must develop a bias for action to keep pace<br />
with global business.<br />
“A bias for action means we have to be willing<br />
to change,” he says. “We need to be aggressive<br />
about change. We need to be constantly<br />
monitoring where business is headed, what<br />
employers need, and what recruiters are asking<br />
for in terms <strong>of</strong> knowledge and skills.”<br />
He says <strong>Thunderbird</strong>’s Board <strong>of</strong> Trustees<br />
understands this mindset which guided the<br />
process as the school explored a partnership<br />
with Laureate Education Inc. He says the announcement<br />
that followed on March 18,<br />
2013, shows the school’s willingness to adapt<br />
and thrive in a competitive environment (details<br />
on page 4).<br />
“Change is always a risk,” Penley says. “But<br />
a leader cannot get complacent or rest when<br />
others are chasing to catch up.”<br />
Penley has trained himself to moderate risk<br />
by focusing on market research. He uses survey<br />
data and focus groups like he uses his map<br />
and compass in the wilderness.<br />
“Rarely do I approach a problem that I don’t<br />
start with the market and where it is headed,”<br />
24 spring 2013