Some thoughts on handing over to FrançoisBy Sir Andrew Likierman
When I took over as Dean I was keen to make sure all stakeholders were heading more or less in the same direction so that we could realise our full potential. That’s not easy because there are many stakeholders and wide diversity within each group in what people want the School to do.
So having a vision and following it in what we actually do has been an important part of improving that alignment, together with enhancing the factors that make us unique - excellence as one of the world’s leading business schools, the global nature of our activities, the combination of first class research with its application, and our location in London.
Making the vision a reality has meant growth in both Degree and Executive Education to enable us to increase our impact, but not at the expense of quality. Our new research institutes have also focussed on impact through work in innovation, asset management and leadership. Links with alumni have been strengthened through the International Alumni Council and we have taken important strides in our own governance and management.
The expansion has only been possible because of the success of the fundraising Campaign. Most visibly, it has provided more space. With the Sammy Ofer Centre, the Royal College of Obstetricians and Gynaecologists and security of tenure in Sussex Place, we are set up with great space for the future.
But the less visible elements of the Campaign are just as important. 800 additional scholarships, funding for the research institutes, four named faculty chairs and a substantial increase in our endowment indicate how much we can achieve with funding support. The support of our community is evident in the 124,000 volunteer hours given.
So can we sit back? Absolutely not. There is still a lot to be done, and I’m confident that with François we will go from strength to strength. LBS is a vibrant place and an important institution in management education globally. This is recognised through the (inevitably imperfect!) rankings, but it’s no accident that we’ve been ranked Number 1 European Business School for the last three years. I’m proud to have been, and look forward to continuing to be, part of this great story.