{"id":1657,"date":"2012-06-05T16:05:19","date_gmt":"2012-06-05T20:05:19","guid":{"rendered":"http:\/\/mat.tepper.cmu.edu\/blog\/?p=1657"},"modified":"2012-06-05T16:05:19","modified_gmt":"2012-06-05T20:05:19","slug":"operations-research-at-business-schools-the-bad","status":"publish","type":"post","link":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/2012\/06\/05\/operations-research-at-business-schools-the-bad\/","title":{"rendered":"Operations Research at Business Schools: The Bad!"},"content":{"rendered":"<p>Right after returning from Egon Balas&#8217; 90th Birthday tea, as I thought good thoughts about <a href=\"http:\/\/mat.tepper.cmu.edu\/blog\/?p=1653\">the role operations research plays in business schools<\/a>, I read <a href=\"http:\/\/learnandteachstatistics.wordpress.com\/2012\/06\/05\/the-end-of-or-at-uc\/\">some disconcerting news<\/a> from the <a href=\"http:\/\/www.bsec.canterbury.ac.nz\/\">College of of Business and Economics,<\/a> University of Canterbury in Christchurch, New Zealand, from <a href=\"http:\/\/www.mang.canterbury.ac.nz\/people\/petty.shtml\">Dr. Nicola Petty<\/a>:<\/p>\n<blockquote><p>On Wednesday the Council of the university at which I have been employed voted to close down the Operations Research programme. The university wants to \u201cconcentrate\u201d and OR didn\u2019t make the grade, despite two academics taking voluntary redundancy, and a concerted effort to streamline the programme so that it is financially viable. It is the end of an era.<\/p><\/blockquote>\n<p>Let me begin by saying that I love New Zealand and its universities. \u00a0I spoke at a number of them in 2007 when I was the New Zealand Operational Research Society Visiting Speaker, and I spent a wonderful couple of days at the University of Canterbury. \u00a0Christchurch is a beautiful town that has had a <a href=\"http:\/\/en.wikipedia.org\/wiki\/2011_Christchurch_earthquake\">tough time of it recently<\/a>. \u00a0And I have no direct knowledge of the challenges the university faces, or what went into the decision.<\/p>\n<p>That said, I have to ask:<\/p>\n<p style=\"text-align: center;\"><em><strong>What the heck is that university thinking?????<\/strong><\/em><\/p>\n<p>Here we are, entering a golden age of analytical decision making. \u00a0We are in a world where companies are drowning in data but are unable to make sense of it to turn data into better decisions. \u00a0Where companies like IBM put <a href=\"http:\/\/www.ibm.com\/smarterplanet\/us\/en\/business_analytics\/ideas\/\">business analytics front and center in their strategic plans<\/a>. \u00a0Where a <a href=\"http:\/\/mycareer.deloitte.com\/us\/en\/students\/gettingthejob\/caseinterviewpreptool\">key managerial skill <\/a>is understanding data and applying analytical approaches to problems.<\/p>\n<p>What kind of management program would purposefully cut their business analytics capabilities in this world?<\/p>\n<p>Stunning.<\/p>\n<p>As an academic administrator in a business school, I guess I am happy to see our &#8220;competitors&#8221; making themselves weaker. \u00a0More for us, I guess.<\/p>\n<p>As someone in operations research, it is depressing to see how some academic administrators just don&#8217;t get it. \u00a0It gives the rest of us academic administrators a bad name.<\/p>\n<p>If you are a student planning to study management, please ask the question: \u00a0am I going to get the skills I need to survive and thrive in a data-rich environment full of complicated decisions? \u00a0A management school that is running away from analytics is a school that is living in the past.<\/p>\n<p><em><br \/>\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Right after returning from Egon Balas&#8217; 90th Birthday tea, as I thought good thoughts about the role operations research plays in business schools, I read some disconcerting news from the College of of Business and Economics, University of Canterbury in Christchurch, New Zealand, from Dr. Nicola Petty: On Wednesday the Council of the university at &hellip; <a href=\"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/2012\/06\/05\/operations-research-at-business-schools-the-bad\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Operations Research at Business Schools: The Bad!&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-1657","post","type-post","status-publish","format-standard","hentry","category-education"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=1657"}],"version-history":[{"count":0,"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1657\/revisions"}],"wp:attachment":[{"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=1657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=1657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=1657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}