For more than a year, representatives of the Fox community have been working to pave the path for the school’s future. Since announcing the Fox Strategic Plan 2025 in October, Dean Ronald Anderson and the school’s leadership team have been planning ways to support the four pillars that outline our future.
As the Fox School works towards transforming student lives, developing leaders, and impacting our local and global communities through excellence and innovation in education and research, Dean Anderson elaborates on what a successful implementation plan means to him.
How will the Strategic Plan lead the Fox School into the future?
When you examine what the workforce may look like over the next several decades, it is dramatically different from what it is today or was 20 years ago. The Strategic Plan will position the Fox School as one of the leading business schools of the 21st century by building on a solid foundation of our four pillars: Educational Innovation, Research Leadership, Inclusive Workplace Culture and a focus on Community Engagement.
Educational Innovation is about delivering a curriculum and content that builds business leaders who will perform in the evolving marketplace over the next several decades. We strive to deliver educational experiences in a manner that best prepare our students for the future of work.
Being a research leader in business education means that we will commit to expanding research beyond the academic world. We will impact the way managers think about their business and the way industries operate. That requires translating research into impactful ideas that serve the business community.
What is the Fox School doing to engage an inclusive and diverse community?
Diversity, equity and inclusion (DEI) are important issues to us. The Fox School is creating DEI initiatives in several forms. We are in the process of identifying and will follow best practices and principles supported by DEI awareness events and training to mirror DEI advancements in industry.
We will facilitate and support collaborative work between and among Fox faculty and staff, including formal recognition of impactful joint activities, and purposeful school-wide communication of activities and achievements. We need to continue to grow as a place where everyone feels welcome and where everyone believes they can make a difference and impact student outcomes. That is why we need to continue to cultivate an inclusive workplace where all of our students, faculty, staff, alumni, business and social partners and all of our stakeholders can thrive.
How does the Strategic Plan increase students’ access to a business education?
Through a collaborative effort between the Fox School, the Freire Foundation and Build the Future Education Collaborative, we launched an initiative to recruit students from Freire and Freire Tech high schools to give students the tools and skills they need to succeed in college. The Fox School provides college mentors to the students in the classroom, as well as additional support to their originating high schools. The Fox School, with support from other Temple University offices, will provide these high schools and their students with workshops on career counseling, financial literacy and college admissions.
This is one way we strive to empower Philadelphian residents. We also will emphasize collaboration with others at our school, our sister schools here at Temple, our neighborhood in North Philadelphia, the city of Philadelphia, the U.S. and the global business communities. We want to create a vibrant society where everyone has the opportunity to reach their potential. Part of that process is building a more robust relationship with our alumni and corporate partners—allowing them to have a role in serving our students, our colleagues and our neighbors. I look forward to sharing more updates on the activities and programs that support this effort in the future.
How does the plan impact the business world?
Each year, we graduate a class of future professionals for the business world. By creating quality education, we put businesses in a position to prosper by hiring students that increase productivity, engage in problem-solving and bring new, innovative ideas to the workplace.
The Fox School has a tremendous experiential learning-focused curriculum that puts our students in a position to succeed. They learn how decisions are made, often in real-time through interaction with today’s business leaders. We want corporations and graduate schools to recognize that Fox students are the best in the marketplace. We want those corporations and graduate schools to line up to hire Fox students and alumni.
How will the plan enhance school?
We are evolving our culture to meet the demands of the business world, not just today, but for decades to come. If you look at this plan you will see the hands of numerous stakeholders, from students and faculty to staff administrators and alumni.
What comes next for the implementation of the plan?
The planning process is almost complete. We are identifying the key performance indicators (KPIs) for initiatives, and the next steps are to execute those initiatives, measure these and report out to the Fox community. We want everyone to know where we are going so they can hold us accountable.
We are reinforcing our experiential-learning focus with the data-driven, emotionally intelligent insights that will serve our students and the business world for decades to come. The educational experiences we offer students are impactful, and we are looking at initiatives that will enhance those experiences to match the evolving market.
We also want to reach the wider world with our research. We are taking steps to translate academic research through efforts like the Translational Research Center (TRC) and by prioritizing researchers’ capacity for writing and presenting their research to non-academic audiences.
To learn more about this initiative and the vision for the future of Fox School of Business, visit the Fox Strategic Plan 2025 website.