here - Rotterdam School of Management
here - Rotterdam School of Management
here - Rotterdam School of Management
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RSM STRATEGIC OBJECTIVES<br />
Elements <strong>of</strong> our ambition<br />
We are a very large and complex school: over 20 different degree<br />
programmes, 450 faculty and staff, over 7,000 students in degree<br />
programmes and over 1,000 in non-degree programmes, a public<br />
part and a private part, and multiple research centres and<br />
initiatives. It is clear that one central challenge is that the whole<br />
is less than the sum <strong>of</strong> the parts - we punch below our weight.<br />
The other central challenge is that our reputation with the business<br />
community, especially outside The Netherlands, is far weaker<br />
than that with academics and potential students. So our overall<br />
strategic objective is to enhance our overall standing, particularly<br />
with the international business community, by improving<br />
individual elements <strong>of</strong> the school, but even more, by getting the<br />
different elements to work together better. For example, only a<br />
minority <strong>of</strong> our highly talented faculty teach in our MBA and<br />
executive education programmes. Better integration would<br />
improve both the faculty and the programmes.<br />
Five major elements support our ambition to become a top<br />
global business school by 2012 (Exhibit 2). Their current positions<br />
vary as to w<strong>here</strong> they are relative to w<strong>here</strong> they need to be to<br />
support our global ambition.<br />
Pre-experience programmes are already in a very strong<br />
position, which arises mainly from the narrower scope <strong>of</strong><br />
geographic competition - no serious competition outside Europe.<br />
For the BScBA (Dutch) programme, we are consistently the first<br />
choice in The Netherlands. Our challenge is to find some way to<br />
legally select for quality and to manage the volume. For the<br />
International BScBA (English) programme, we already rank among<br />
the top 10 in Europe. The overall MSc is usually ranked 8th or 9th<br />
by the FT. Indeed, probably the biggest challenge is to deal with<br />
external competition while avoiding internal competition between<br />
our MSc and MBA programmes.<br />
MBA programmes, especially the full-time, are the reputational<br />
flagship <strong>of</strong> any business school. We need to move from rankings<br />
10 RSM OUTLOOK SUMMER 2009<br />
Exhibit 2. Major elements <strong>of</strong> our ambition<br />
“Our overall objective is to enhance our standing by improving<br />
individual elements <strong>of</strong> the school, but even more, by getting<br />
those elements to work better together.”<br />
in the lower end <strong>of</strong> the European top 10 to the top five and in the<br />
global rankings from the lower 20s into the top 20. The main<br />
challenge is to increase the quality <strong>of</strong> the students and <strong>of</strong> the<br />
recruiters, which form a virtuous circle between them. Our<br />
strategies include reducing the age and increasing the GMAT<br />
scores <strong>of</strong> the students and to bring in more recruiters. Our special