Management Briefs (June 3, 2002)

U of T creates Centre for Integrative Thinking

Toronto — The University of Toronto’s Rotman School of Management has launched the CCMF Centre for Integrative Thinking. It’s a step toward changing the way business schools teach, said Rotman dean Roger Martin. The traditional model of business education divides business into functional areas, such as marketing and finance, he explained, but business problems do not often lie within the boundaries of individual functional areas. “They sprawl messily across the functions. Business leaders need to develop the ability to create mental linkages to understand the disciplines together.” The centre was made possible through a $10-million gift from the Canadian Credit Management Foundation.

MANAGEMENT CONSULTING MBA

Halifax — Saint Mary’s University in Halifax has joined with the Canadian Association of Management Consultants to launch an MBA with a concentration in management consulting. The program begins this fall and will be linked to the Certified Management Consultant designation.

HARVARD REINS IN GENEROUS GRADES

Cambridge, Mass. — With students scoring As more often than not, a case of inflated grades at Harvard University has administrators worried the prestige of graduating at the top is being devalued. More than half of last year’s undergraduate grades were A or A-minus. A committee is looking at changes that would see more Bs and less honours. Ninety-one per cent of Harvard grads were awarded honours last year. Yale and Princeton cap honours at one-third of a graduating class.

THE NEXT IN LINE

Toronto — Most Canadian executives are grooming successors, a new poll shows. In a survey of 100 executives from Canada’s largest firms, conducted for RHI Management Resources, 62 per cent said they have identified and are grooming the next in line. Succession planning encourages loyalty while preparing a solid foundation for a company’s growth, said David King of RHI.

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