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Business School Accreditation

AABS Deans’ & Directors’ Forum 2022

By | Conference Update, Resource

AABS Deans’ & Directors’ Forum 2022

 

The AABS (Association of African Business Schools) forum for Deans & Directors was almost three days of learning, meeting people, amazing conversations and discovering.  While QED, specifically our Joanne, attended the conference as a speaker and below are the takeaways from the Forum:

1. Sometimes if you don’t disrupt, you may end up getting disrupted! 

In his keynote, Prof Fred Olayele (Carleton University, Canada) spoke to the need for those involved in business education to take a step back and really think about not just WHAT they do, but also HOW they do it.  A key challenge lies in policy innovation and the fact that forging a ‘more dynamic economy’ across Africa requires (in addition to research etc) more openness to experimentation, testing, piloting and prototyping – all with the focus of creating more innovative approaches to the policy development process.

Key Question: What can business schools (not just in Africa) do to ‘move the needle’ in terms of business sector innovation? 

2. Peter Diamandis’ 6D Framework 

Kevin Allen spoke around exponential organisations and the challenges therein. There was so much to digest, but it was good to be reminded of Peter Diamandis’ 6D framework to describe the basic roadmap of technical innovation.  The 6 Ds are: Digitize, Deceptive, Disruptive, Demonitize, Dematerialize, and Democratise. An explanation of each is available at https://www.diamandis.com/blog/the-6ds

Key Question: Where does the use of technology within << Test Organisation >> sit on Diamandis’ 6D Framework and what else should/could your organisation (or department) be doing to move further along the technical innovation roadmap? 

3. Fast beats Slow 

What a privilege it was to listen to both Tim Mescon and Jon Foster-Pedley on the topic of Deanship.  Our take-away was watching how both these leaders shared an incredible richness of experience and wisdom with humility, lack of ego and generosity. There was much to choose from, but we think the focus on being clear on your purpose and really working to explicate the distinctiveness of your organisation were some of the key points. We were particularly struck by Tim’s reminder that “fast beats slow” – and the need to be agile and nimble (rather than large) so that the organisation can adapt to the changing context.  Whilst the challenge was posed to deans and directors, there is a sense that this guidance is valid for all of us in some way within our own individual roles.

Key Question: What small thing could you do within your role (whativer your organisation) to improve adaptability in a changing context? 

For advice and further details on any of the above, please contact the QED Accreditation Team at info@QEDaccreditation.com.

 

 

Accreditation Fees & Costs – Nov 2022

By | Resource

Accreditation Costs

There are several facets to the costs of accreditation:
  1. Payments made to the relevant accreditation bodies and comprise a mix of membership fees, accreditation fees and other expenses etc.  These are relatively fixed and easy to estimate (see link below).
  2. Staffing and advisory costs to support accreditation.  These are harder to estimate, and depend on several factors. For example:
    • Will there be an accreditation team with sufficient time and experience to manage the full accreditation process?
    • Are there additional faculty allowances given to accreditation?
    • Will the School require some external input, to support the internal resources?
  3. Investment Costs:  These vary hugely from school to school and naturally depend on each School’s strategic priorities.  Of course, strategic investment costs are not always linked to accreditation: Some strategic decisions will be made regardless of accreditation plans.  Others may only be made as a consequence of accreditation.

QED has listed the costs and fees associated with each of the accreditation bodies (#1 above), valid as of 11 November 2022.  These can be viewed here.

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AACSB Business Accreditation Standards: Updates 2022

By | Resource

AACSB Business Accreditation Standards: Updates 2022

AACSB significantly updated its Business Accreditation Standards in 2020.  Since then it issues annual amendments and updates – usually on 1 July.

QED’s overview of the updates made as part of the 2022 publication, together with an assessment of the significance of the change can be found in this downloadable PDF file.

Many of the updates reflect clarification and additional explanation. However, there are a small number of changes which could potentially impact schools (particularly those schools that are pre-eligibility). As always, QED recommends that all schools within an AACSB accreditation process (whether initial or renewal) should review and ensure they have understood the changes and clarifications.

NB: QED’s material represents QED’s interpretation of the AACSB Updates.  We always recommend that you view the updated standards directly – which are available from AACSB’s website in the following formats: 

As above, QED’s summary of the updates across the key documents is available in this downloadable PDF file.

For advice and further details on any of the above, please contact the QED Accreditation Team at info@QEDaccreditation.com.