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Kokomo’s business ‘value statement’ studied
By Mary Ellen Stephenson

Pati

The value statement of the IU Kokomo School of Business was studied as an exemplary document during a January Strategic Management Seminar offered by the Association to Advance Collegiate Schools of Business (AACSB).

“It is an excellent statement that will provide a good model,” wrote seminar facilitator Milton Blood, in notifying Niranjan Pati, dean of the campus program, that IU Kokomo’s statement was one of five selected for seminar discussion.

The value statement was developed as part of the strategic planning process the School of Business launched in fall 2003. Initially developed by Thomas von der Embse, professor of management, the statement outlines nine core values of the school’s operations, such as collegiality, integrity and stewardship.

“The compliment from Dr. Blood means a lot, as he has managed AACSB’s accreditation services since 1983,” Pati said. “In addition, he was the prime architect of the new AACSB standards.”

Also in January, the AACSB International—e-NEWSLINE carried a “Dean’s Corner” column written by Pati, in which he described how the School of Business has made strategic planning “a key weapon” for moving forward in times of declining university revenues.

To read the values statement, go to this Web site:
http://www.iuk.edu/business