Light on their feet; Business-school deans.(Brief article)

Economist (US), The, April, 2006

A bright light descends on HBS

The heads of business schools are becoming like sports coaches

BUSINESS-school deans are on the move. In the 1980s and 1990s it was not uncommon for them to stay in the same job for a decade or two. Now the average tenure is three to five years. Bill Funk, a headhunter at Korn Ferry who searches for many of them, says with no little glee--"We marvel at the turnover".

Three of the world's best schools--Harvard Business School (HBS), INSEAD (at Fontainebleau near Paris) and the London Business School (LBS)--are all currently "redeaning". On April 24th HBS announced that Jay Light, a finance professor who had been acting dean at the school since last August, would henceforth stop acting and become the real thing....

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