Message from Dean Edward A. Snyder
July 27, 2012
Dear Yale SOM Alumni and Friends,
Yale SOM is one year into what I believe will be a multi-year transformation that builds on the substantial progress made in recent years due in large measure to our exceptional and devoted alumni, and the great engagement of our faculty, students, and staff. And the ongoing support and farsighted leadership of Yale University's officers and the Yale Corporation has been critical to our successes.
During this academic year, we achieved several objectives.
- We established the Master of Advanced Management degree program as part of a thoughtful plan to increase our diversity and to address our scale and scope challenges;
- We conceived and launched the Global Network for Advanced Management, which connects top business schools in a flattening, yet segmented, world;
- We developed a new budget model with Yale that provides us with predictability;
- We further strengthened our relationships across Yale, particularly those with other professional schools, Yale College, the Jackson Institute for Global Affairs, Yale Entrepreneurial Institute, and the Yale World Fellows; and
- We clarified our positioning as the best source of elevated leaders for all sectors and regions—a positioning that leverages Yale, anticipates the benefits of our new global status, and honors our original mission of educating leaders for business and society.
We can build upon this momentum to great advantage. With our move to Edward P. Evans Hall
in December 2013, we have the opportunity over the next several years to increase the number of students in our portfolio of masters-level programs—the full-time MBA, the MBA for Executives, and the Master of Advanced Management—by up to 70 percent, subject to our ability to maintain and indeed increase student quality, expand our diversity, develop our faculty resources, and increase the School's overall capabilities in several important areas. That growth, along with our new budget model, will provide us with a solid financial framework on which to address our scale and scope challenges, which have limited our ability to provide student scholarships and faculty support and to connect more effectively with alumni and others.
Yale SOM alumni continue to be invaluable to our success. I have enjoyed meeting so many of you over the past year, and I am energized by your commitment to our leadership mission.
With support and alignment from so many throughout the Yale and Yale SOM community, I am optimistic about our future. We have an unparalleled set of resources, which if brought to bear, will allow us to become recognized as:
1. The business school that is most involved with its home university: eminent and purposeful Yale.
2. The most global U.S. business school in ways that are differentiating and meaningful, given how the world's economy has developed.
3. The best source of elevated leaders for escalating complexity in all sectors.
As we continue forward in our mission to educate leaders for business and society, I want to express what a privilege it is for me to be at the School.