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Wednesday, January 12, 2011

New Dean B-school Oxford preparing a game Plan (BusinessWeek)

(Fixes the amount of the gift in the tenth paragraph)

Peter Tufano has spent most of his life in theatres sacred from the University of Harvard, started as a student, earning his MBA and a PhD he eventually join Harvard Business School. It was finally pulled away this fall announcing that travel you across the Atlantic in July to take on the role of the Dean of Said Business School at the University of Oxford (said part-time full-time MBA profile), Colin Mayer, who withdrew after five years as Dean of replacement.

It is one of the two professors from Harvard Business School, Harvard full-time MBA profile), recently courted by relatively young and ambitious business schools. In December, the China Europe International Business School, founded in 1994, has tapped John Quelch, Professor of business administration at Harvard, taking on the Dean's Office in February. At Oxford, Tufano will be the fourth Dean of AFIS, which became one of the leading business schools in the UK since its founding in 1996.

Tufano comes to Oxford with an impressive résumé and experience must be consistent with AFIS mission and focus on social entrepreneurship. While at Harvard, he developed over 50 case studies and created three new courses. He also co-founded a nonprofit, the door to the Dream Fund and helps Harvard Innovation Lab, developing a facility in the Boston's Allston neighborhood that encourages entrepreneurial activity for students at Harvard and the support of small business development.

Alison Damast Bloomberg Businessweek recently spoke with Tufano's new role and his plans for AFIS. Here is a transcript revised their conversation.

You've been at Harvard more than 30 years, starting as a student and then later joining the Faculty in 1989. What is - this on the role of Oxford that finally convinced leave you Harvard?

Harvard is a remarkable place, but there was something special about this appeal at Oxford. It is a University for world class with a school of start-ups who was always a bit of growth left. There are all sorts of exciting potential waiting to be realized. First three Deans has done an excellent job, but there is still much to do.

How your time at Harvard has helped prepare you for this role?

At Harvard, I was senior Associate Dean for planning and University Affairs, so I spent much of the last few years trying to understand how to engage strategic school of trade with other parts of the University and where opportunities lie. There are various business school model and I think a particularly powerful school of business model is when a very good business school is a very strong University. It allows the business school raise some of the most important problems in business and society and a lot of sense. I think Harvard and AFIS and a few other business schools have a remarkable capacity for striping from the various parts of the University to do things that are quite remarkable.

What are some of the things happening in Oxford, now that you're excited?

Oxford University has recently received 75 million pounds of Len Blavatnik, a Russian industrial of America, established the first school of wholesale, pan-European public policy, which is exciting, because I think that there is an enormous amount that can be made as a business school in collaboration with a government school. This fall, Oxford, has launched a new master's degree in law and finance, which is taught jointly by the Faculty of law school and business. If all this is happening in my first year, it suggests the kind of things which could come in the future.

AFIS is a one-year MBA as the majority of programmes in Europe. It will be a challenge for you to adapt to this model, after teaching for many years in a two-year MBA program?

I am always accustomed model MBA for one year. It is standard in most regions of the world other than the United States. As an educator, what I need to understand is how to take advantage of having a transformational experience in a year, rather than two. Obviously, there are certain advantages to a one year program, but they must be more than economic benefits of spending just over a year. I think need faculty to ensure experience, students were at the time you have with them is really special, which will be part of what I will learn as a new Dean of a school with a one year program.

How do you envision shape the curriculum to AFIS? Any plans to add new classes or programs?

I personally create new classes, but I firmly believe that innovation and pedagogy can be incredibly powerful, not only for students but the faculty. At Harvard, I co-teach a class with Howell Jackson, from Harvard Law School, on consumer finance. We examine consumer finance companies and how the financial sector and the consumer is regulated, as well as psychological and social side. Students who leave this class well armed not only a point of view, but from multiple points of view of consumption, businesses and regulators. Personally, I'd like to see a finance household or consumer finance courses like Said. I've seen courses like Oxford, which is part of what I'm excited about.

Do you think that you will have a big learning curve once you assume the deanship of this summer?

My personal challenge is I have a lot to learn about the UK and Oxford and I am deeply humiliated about it. I'm not trying to recreate the Harvard Business School in the UK. I respect Oxford and I am pleased with what they did to create a unique program and they have some things they can do quite extraordinary. One of the things that I love Said is that each MBA is a member of a college to University, where they interact not only with other MBAs, but also with the faculty to campus autour. I think this is something healthy, so that they can understand and develop not only a business perspective, but also a perspective that they can communicate to people studying law or history.

Said is a relatively new and only 15 years old business school. What are some things you can do to continue to increase the stature of the school in the world of business?

Watch over the next five years. It is not just about ranking. It's the quality of students and the quality of the educational experience and the quality of generated ideas. I hope that if we have this interview for five years now, people will be watching and say Oxford is an excellent place and it is even better now.

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