A l u m n i M a g a z i n e - Duke University's Fuqua School of Business
A l u m n i M a g a z i n e - Duke University's Fuqua School of Business
A l u m n i M a g a z i n e - Duke University's Fuqua School of Business
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<strong>Duke</strong>CE<br />
DUKE CORPORATE EDUCATION<br />
for Tailored Top-to-bottom<br />
Educational Services<br />
<strong>Duke</strong> Corporate Education’s separation from <strong>Fuqua</strong>’s<br />
Executive Education program will provide corporate clients<br />
with business education designed specifically for their<br />
needs. It will also expand <strong>Fuqua</strong>’s innovative distributedlearning<br />
consulting services to help corporations establish<br />
or radically improve manager training programs and corporate<br />
universities.<br />
One important factor that accompanies any new development<br />
is where to set up shop. As anyone who has ever purchased<br />
real estate knows, the three most important things to<br />
think about are location, location and location. And <strong>Duke</strong><br />
Corporate Education’s decision to relocate its <strong>of</strong>fices took no<br />
exception to this rule. They have moved to downtown<br />
Durham in a warehouse-type building that is as big on character<br />
and charm as it is on space. The new <strong>of</strong>fice, located at<br />
333 Liggett Street, is in the process <strong>of</strong> being renovated and is<br />
scheduled to be completed in April 2001. The all-brick building<br />
has high ceilings and tons <strong>of</strong> windows. It’s nestled in the<br />
heart <strong>of</strong> downtown Durham with a multitude <strong>of</strong> eating establishments<br />
just blocks away. Employees are currently working<br />
in a temporary area in the building and are looking forward<br />
to moving into their permanent space.<br />
Blair Sheppard, CEO <strong>of</strong> <strong>Duke</strong> Corporate Education, is<br />
pleased with the progress thus far. He has been beefing up<br />
staffing in response to the increased workload and anticipates<br />
nearly doubling in size over the next few years. “As far as<br />
staffing is concerned, we are looking for three types <strong>of</strong> talent,”<br />
Sheppard stated. “The first are people who can help us<br />
with education design and delivery on the content side.<br />
Secondly, we need employees who can assist us in thinking<br />
through and developing capabilities around different educational<br />
methods. And thirdly, we need people who understand<br />
technology and its relationship to education.”<br />
In addition to looking for new talent in these three areas,<br />
some <strong>of</strong> the existing <strong>Fuqua</strong> staff left with Sheppard to take<br />
on this new venture. Wanda Wallace, former <strong>Fuqua</strong> associate<br />
dean for executive education, is director <strong>of</strong> customer relations<br />
and program operations. Pr<strong>of</strong>essor John Gallagher, former<br />
director <strong>of</strong> <strong>Fuqua</strong>’s Computer Mediated Learning Center, is<br />
head <strong>of</strong> research and development and former <strong>Fuqua</strong> pr<strong>of</strong>essor<br />
John McCann is a specialist in e-commerce.<br />
<strong>Duke</strong> Corporate Education, Inc. is the spin-<strong>of</strong>f company<br />
that emerged from the executive education program. By taking<br />
the custom education and forming a private company,<br />
<strong>Fuqua</strong> has become the first business school to provide tailored,<br />
top-to-bottom educational services to the world’s major<br />
companies.<br />
On the financing front, things continue to move forward.<br />
The initial process was time consuming, with both the venture<br />
capitalists and <strong>Duke</strong> working through several points <strong>of</strong><br />
differences in determining the right structure. Several weeks<br />
ago, this structure was finalized and the investors are excited<br />
about it. Much <strong>of</strong> this excitement stems from <strong>Duke</strong> Corporate<br />
Education’s unique approach to helping companies solve<br />
business problems or issues. This approach can be described<br />
as finding the “optimal mix” <strong>of</strong> educational content and ➢<br />
E x c h a n g e / W i n t e r 2 0 0 1 I 31