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Fifth Year Maintenance Report - AACSB - The University of Texas at ...

Fifth Year Maintenance Report - AACSB - The University of Texas at ...

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Department <strong>of</strong> AccountingStr<strong>at</strong>egic Planning Process2007-2012Members <strong>of</strong> the Department <strong>of</strong> Accounting faculty particip<strong>at</strong>e in all <strong>of</strong> the College <strong>of</strong> Businessstr<strong>at</strong>egic planning sessions. However, as a separ<strong>at</strong>ely accredited unit under the <strong>AACSB</strong> rulesthe Department also has to have its own str<strong>at</strong>egic planning exercise.Consequently, the Department <strong>of</strong> Accounting began a more formal procedure for str<strong>at</strong>egicplanning with a Str<strong>at</strong>egic Retre<strong>at</strong> on October 28, 2006. This retre<strong>at</strong> was <strong>at</strong>tended by all facultyand staff members in the Department <strong>of</strong> Accounting. <strong>The</strong> faculty was lead through a SWOTexercise by Dr. Russell Briner, and a number <strong>of</strong> str<strong>at</strong>egic directions were identified. <strong>The</strong> processwas continuing when the <strong>AACSB</strong> Team conducted its review. In the <strong>AACSB</strong> review d<strong>at</strong>edFebruary 2007 the Department was criticized for its lack <strong>of</strong> adequ<strong>at</strong>e str<strong>at</strong>egic planning:―Str<strong>at</strong>egic Planning. It is <strong>of</strong>ten helpful to have someone outside <strong>of</strong> the unit involved in thestr<strong>at</strong>egic planning process. <strong>The</strong> Department has begun the planning process, but progress hasbeen slow. <strong>The</strong> Review Team suggests th<strong>at</strong> the Department use the College <strong>of</strong> BusinessCenter for Pr<strong>of</strong>essional Excellence to assist them in this effort. “Dr. Briner continued to work on the str<strong>at</strong>egic planning process, involving the then in placeAdvisory Committee composed <strong>of</strong> the following individuals:Mr. Anthony Berrett, KPMG, LLPMr. Steward Goodson, Ernst and YoungMs. Nancy Ozuna, <strong>The</strong> Hanke GroupMr. Dayton Schrader, <strong>The</strong> Schrader GroupMr. Dan Sl<strong>at</strong>tery, Dan Sl<strong>at</strong>tery and Associ<strong>at</strong>es, CPAs.In addition the opinions <strong>of</strong> other members <strong>of</strong> the community were selected, however, not on asystem<strong>at</strong>ic basis. Most unfortun<strong>at</strong>ely, Dr. Briner passed away in August 2007 before the finaldraft <strong>of</strong> the str<strong>at</strong>egic plan for the Department <strong>of</strong> Accounting was completed.Using the inform<strong>at</strong>ion collected by Dr. Briner as well as other sources, this document wascompleted by Dr. James Gr<strong>of</strong>f with the assistances <strong>of</strong> Dr. Marshall Pitman and various members<strong>of</strong> the Department <strong>of</strong> Accounting Executive Committee. It reflects the best effort <strong>of</strong> theDepartment <strong>of</strong> Accounting faculty to prepare a str<strong>at</strong>egic planning document under the difficultcircumstances brought about by Dr. Russell Briner’s untimely passing.

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