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Committees: Business/Industry Relations
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Purpose of the Committee

The Business/Industry Relations Committee studies changes and trends in business practices and makes recommendations to member institutions concerning the improvement of the business curriculum and to the Council regarding standards appropriate to ensuring improvement in business education. The Committee also promotes ACBSP as a major source of expertise in business education to its member institutions, assists member institutions in establishing advisory boards or councils, and acts as a clearinghouse for business and government internships for students and faculty of ACBSP member institutions.

History of the Committee

The Business and Industry Relations Committee was first mentioned in 1992 by the Board of Directors as one of five operating committees. Its initial project was the creation of a National Business Education Advisory Board. The Committee was also tasked with the responsibility of making recommendations to the Board of Directors for the annual Business Leader Hall of Fame inductee.

The Committee’s focus remained on developing relationships with business and industry, including SIFE, internships, and business partners for ACBSP. In 2003, the Committee worked to raise funds from businesses to assist with ACBSP debt and provide a revenue source beyond memberships. In 2005, the Committee transitioned away from this fund-raising and began identifying what industry wants from students and developing an industry interchange.

Committee Projects

Notable projects of the Business/Industry Relations Committee have included:

  • a Closing Session panel at the 2007 Conference in Orlando featuring businesses and business schools and how they connected,
  • an Ethics Panel at the 2010 Annual Conference in Los Angeles,
  • supporting job boards established by honor societies,
  • conducting a survey of businesses to determine what they were seeking when hiring business students (this was proposed in 2004 but never acted upon),
  • discussion of the creation of a Business Advisory Board for ACBSP on several occasions during the history of the Committee. However, such a Board has not yet been established.

The Committee also plans the Business Advisory Council track for the Annual Conference and selects a keynote speaker. The Committee will be developing a Business Advisory Council Resource Kit for member institutions as well as developing and distributing a Skills Gap Survey for use in understanding how students can meet the skills needs of industry. There are plans to renew discussions regarding the development of the Business Advisory Council for ACBSP to begin in 2015.

Your Pathway to Involvement

The Committee welcomes members from all regions who are interested in investigating, developing, and promoting relationships between industry and academic business programs. Committee members are expected to participate in regularly scheduled conference calls.

Chair
Gina Fantasia
Member
Akash Dania
Member
Rajesh Khajuria
Member
Rich Patrick
Member
Eneida Rodriguez Rossy
Member
Babs H. Russell
Member
Joe F. Walenciak
Member
Kevin Wilhelmsen
Staff Liaison
Carmen Hayes
Strategic Planning Committee Liaison
Timothy R. Bridges

  • AICPA
  • The Alliance for Performance Excellence
  • Bloomberg Businessweek
  • Campus Labs
  • Capsim
  • Cengage Learning
  • CEEMAN
  • CHEA International Quality Group
  • Edevate
  • Eduvantis
  • ETS
  • Enactus
  • Global Academy of Financial Management International Board of Standards
  • Institute of Management Accountants
  • Interpretive Simulations
  • Keystone Academic Solutions
  • Latin American Council of Management Schools
  • LiveText
  • Peregrine Academic Services
  • PlanningShop
  • Project Management Institute
  • PRME - Principles for Responsible Management Education
  • Rise Display
  • Worldstrides