Position Specification Old Dominion University

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1 Position Specification Old Dominion University Dean, Strome College of Business September Korn Ferry. All Rights Reserved.

2 POSITION SPECIFICATION Position Institution Location Reporting Relationship Website Dean, Strome College of Business Old Dominion University Norfolk, Virginia Reports to the Provost and Vice President for Academic Affairs odu.edu/business INSTITUTION BACKGROUND/CULTURE Old Dominion University Located in the second largest metropolitan region in Virginia, Old Dominion University is a dynamic, forward-focused public Carnegie Doctoral Research-Extensive university that serves its students and enriches the Commonwealth of Virginia, the nation and the world through rigorous academic programs, strategic partnerships and active civic engagement. One of Virginia s leading public institutions, Old Dominion has been on a trajectory of growth and innovation to meet the changing demands in higher education. As a comprehensive, residential and student-centered university, Old Dominion serves a highly diverse array of individuals, including non-traditional learners, military-affiliated students and working professionals, through face-to-face, distance and blended learning delivery modes and by seamlessly connecting recruitment, engagement, active learning and student success. The University enrolls more than 25,000 students, including approximately 5,000 graduate students and nearly 1,000 international students. Almost one quarter of its students are militaryaffiliated. In addition to undergraduate and graduate programs offered at the Norfolk campus and three higher education centers, more than 70 degree completion programs are offered via distance learning modalities to sites around Virginia and across the nation. Norfolk was recently named a Best City for Entrepreneurship by Entrepreneur Magazine, and the Hampton Roads region as a whole is experiencing a surge in enterprise and innovation with the development of a very exciting entrepreneurial culture. An award-winning faculty provides an arts-and-sciences-based general education for all undergraduates, in-depth scholarly guidance and hands-on research opportunities for upper-level and graduate students and an array of professional development programs for working professionals. ODU s faculty, over 800 strong, are experts in their fields, recognized by peers, organizations, businesses and industries across the country. More than 75 professors have been named Fellows in national societies and professional organizations, and nearly 400 professional and academic journals are edited by ODU faculty. The University develops synergistic partnerships with industry, businesses and agencies, providing them with practical solutions and advanced professional education, thereby enhancing the economic development of the region, the Commonwealth of Virginia and beyond. Recognition of the University s excellence in creating new knowledge and developing cutting-edge pure and applied research and scholarly activity is demonstrated by steadily increasing success in Old Dominion University Dean, Strome College of Business Page 2 of 6

3 receiving competitive external research grants and awards. More broadly, the coastal Hampton Roads region is also host to an extensive and comprehensive public education system and several community colleges and universities, with which Old Dominion has longstanding and strong collaborations. Cultural connections with the local community are strengthened by the annual Old Dominion University Literary Festival, public lectures on a wide variety of topics and numerous theatrical and musical performances, many of which are held in recently constructed theatre and art gallery facilities. The reintroduction of a Division 1 football program at ODU in 2009 has generated significant excitement and interest from the community at large and has substantially increased alumni engagement with the University. The University s initiatives, such as modeling and simulation programs, are propelling job creation and economic growth by tying into regional strengths federal laboratories, the port, military bases, tourism, the Chesapeake Bay and health care, to name a few. A recent independent analysis indicated that Old Dominion contributes over $2.1 billion annually to the regional economy. Old Dominion s faculty addresses issues of regional, national, and global importance in their research and scholarly activity. The University has developed mutually beneficial partnerships with numerous major, local and federal government facilities and health-related organizations, including: the Virginia Port Authority, which oversees the world s largest natural deep-water port; the Thomas Jefferson National Accelerator Facility; Eastern Virginia Medical School; the Virginia Commercial Space Flight Authority and Mid-Atlantic Regional Spaceport at Wallops Island; NASA Langley Research Center; Langley Air Force Base; Naval Station Norfolk, home to the U.S. Navy and U.S. Fleet Forces Command; NATO Allied Command Transformation; and the Naval Postgraduate School. Old Dominion University has a long tradition of providing affordable access to a high-quality education. With well over a third of its student body being from under-represented groups, the University is serving a growing population of strategic importance to the Commonwealth of Virginia. A recent study by the Education Trust, for example, showed that ODU has a much higher graduation rate for African-American students (within six years) than the national average. Strome College of Business The Strome College of Business, named in June 2014, has a strong tradition of research and teaching that prepares students in a global context for successful careers in the business, government and non-profit sectors. AACSB-accredited in both business and accounting, the College offers undergraduate, master s and doctoral programs in accounting, business administration, business analytics, economics, financial management, information systems and technology, international business, management, marketing, maritime and supply chain management, and public administration and urban policy. The College has over 100 renowned faculty, approximately 3,500 undergraduates, over 300 master s-level students and over 60 doctoral students. In the past few years, the Strome College of Business has moved into a newlyrenovated building and in 2012, opened a state-of-the-art trading room with 24 Bloomberg terminals. In September, 2014, the Departments of Accounting and Urban Studies and Public Administration were renamed as the School of Accountancy and School of Public Service, respectively. The success of the Strome College is a key component of the University s new strategic plan (soon to be announced), which aims to build upon the institution s strength in entrepreneurship and foster ODU s broader connectivity to the Hampton Roads business community. The Old Dominion University Dean, Strome College of Business Page 3 of 6

4 College s annual Economic Forecast and State of the Region reports are increasingly wellregarded by business leaders in the region. Beginning in 2015, the College will produce the State of the State report under the sponsorship and support of the Virginia Chamber of Commerce. Given the College s already-strong foundation and potential to further establish these important University-wide goals, its success will increasingly become a highly visible, strategic priority for the University going forward. The College s naming earlier this year was a result of the Strome Family Foundation s gift to the University to establish a multi-pronged approach to nurture entrepreneurship. One aspect of the gift supports the establishment of the Strome Entrepreneurial Center, an interdisciplinary hub designed to attract and nurture nascent entrepreneurial students from all six academic colleges. The gift is an important indication, as well, of the support within both the alumni and Hampton Roads communities of willingness and appetite to support the College s growth and success. THE POSITION The Strome College of Business is at a pivotal point in its history one which requires its new dean to be a leader with the vision, drive and ability to seize upon the opportunity. With the momentum from its recent naming gift, the College is poised to capitalize on demand from both the alumni and business community for increased engagement and partnership. Given the College s established reputation in research and growing connectivity to industry, the incoming dean has a strong foundation upon which to build further including a respected and productive faculty, a history of student success, employer connections and continuous program development designed to meet changing market demands, including an online platform. The next Dean will lead the Strome College of Business during an era of shifting market forces and increased resource needs. Like many business schools, Strome must continue to diversify and solidify its revenue streams to support faculty hiring and program innovation. Within the context of a large, public institution like Old Dominion, the Strome College has unique opportunities for growth and increased connectivity to industry. Equally important, the impact of globalization requires the College to reflect upon its strategy, expand its reach and ensure that Strome clearly articulates a distinctive value proposition. To this end, the Dean will lead a comprehensive process of identifying the College s strengths and opportunities and, with input from the university administration, faculty, alumni and other key stakeholders, develop a path forward for the Strome College to deliver on the ambition of its recent naming gift. In particular, the Dean will be responsible for ensuring the College heightens its visibility and collaboration with alumni and with the regional and state business community. At the same time, the Dean will ensure that the College retains its excellent reputation in, and commitment to, top-quality research and teaching with an overall interdisciplinary approach to learning. By virtue of fostering this comprehensive evolution, the Dean will naturally become a recognized leader on campus who is upholding and furthering the promise of Old Dominion. KEY RESPONSIBILITIES The Dean serves as the chief administrator and strategist for the College, providing academic leadership for all of the College s teaching, research and service. Moreover, the Dean is the Old Dominion University Dean, Strome College of Business Page 4 of 6

5 most visible ambassador for the Strome College, both serving as the key spokesperson and fostering that behavior in other faculty in order to further the impact and reach of the College. The Dean secures the support and resources necessary for the College to achieve its mission and represents the College in its interfaces both within ODU and in external engagement with the Hampton Roads community. Important aspects of the Dean s role include fundraising, developing further partnerships with industry in the region and beyond, and enhancing the external image and reputation of the College. The Dean has overall responsibility for defining the College s strategic priorities and instilling an enthusiasm in the College to pursue those goals; recruiting and maintaining a renowned faculty; creating and supporting educational programs of the highest quality; attracting excellent students; creating collaborative opportunities with other colleges and departments within the University; and developing resources and projecting the College and its strategic mission to support productive relationships with alumni, donors and local, national and international communities. PROFESSIONAL EXPERIENCE/QUALIFICATIONS The successful candidate will possess the leadership skills, vision and enthusiasm to build on the College s tradition of academic excellence and drive success within a multidisciplinary faculty, a talented student body and a variety of centers and programs in related academic departments. Most critical will be a drive and ability to inspire the College to capitalize on its strengths and to innovate in ways that leverage and expand the Strome College s strengths. A mature understanding of the working dynamics of a business college that operates within a university context is preferred. The successful candidate also will have experience in, or aptitude for, administration and fundraising. As a senior academic officer, the Dean will be expected to work closely with key stakeholders inside and outside the College to foster excellence in all academic and research programs. The successful candidate must provide innovative leadership, have strong management skills and possess an ability to build relationships across a wide spectrum of constituents. The Dean will exercise College-wide leadership in formulating policies and providing educational programs that engage Old Dominion University in responding to statewide issues, such as workforce and economic development and other relevant national and international issues. EDUCATION The successful candidate will have an advanced degree, preferably a PhD, DBA, or other appropriate terminal degree in Business or a related discipline. COMPENSATION Old Dominion University will offer a competitive compensation package to attract its next Dean. KORN FERRY CONTACTS Jackie Zavitz Michelle Ting Old Dominion University Dean, Strome College of Business Page 5 of 6

6 Senior Associate Global Education Practice Philadelphia, PA (215) Associate Global Education Practice Philadelphia, PA (215) All applications and nominations will be held in the strictest of confidence. Review of potential candidates will begin immediately. Applications should include a formal letter of interest addressing the qualifications and expectations, a comprehensive curriculum vitae/resume and the names of five references with addresses and phone numbers (references will be contacted only with the permission of the candidate). Please applications and nominations to odu-businessdean@kornferry.com. It is the policy of Old Dominion University to provide equal employment, educational and social opportunities for all persons, without regard to race, color, religion, sex (including pregnancy), national origin, age, veteran status, disability, political affiliation, sexual orientation, gender identify or genetic information. Old Dominion University Dean, Strome College of Business Page 6 of 6

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