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Still only partially agree with sean
- Location is certainly the single most important factor for the business success. People always saying the first three most important factors to gain sustainable advantages are: Location! Location! and Location! All the success business schools have good and convenient location. As for the Tuck’s case, I am sure if Tuck located in a better location, she can definitely be a much better school.
- The value of a b-school is its intangible assets which are mainly determined by the quality of its professors and students, and its tangible assets (buildings and teaching facilities) almost worth nothing compare with the intangible assets. Therefore, the value of a b-school can easily be impaired when professors either get retired or jumped out, when talented students cannot be attracted to her MBA program. I personally felt that Ivey’s admission officers are the best, but the applications are still sliding down. The negative effects to Ivey’s future reputation are obvious. Further, reputation is short-term rather than long term. Many big-names today, if not running well, can be disappeared and completely forgot by people in short time. Take Eaton for example, just several years ago, Eaton was the symbol of Toronto and many other big cities downtown. Should you say Eaton will disappear in 2005, people will laugh at you. But what about Eaton’s reputation today, at least the new comers have no idea about Eaton, and I am sure after 10 or 20 years, most Canadians will not remember it or will interpret it as something else.
- With brilliant strategy, all the major Canadian b-school has the potential to be top 10. Ivey definitely needs a great leader to turn around. But the problem here is as every b-school is longing for a grater leader, why the leader must go Ivey not other school. So far I haven’t seem any thing promising from Ivey.
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