
Disrupt Yourself Podcast with Whitney Johnson
370 Roger L. Martin: How To Turn Around A Failing Business School – Without Doing A Whole Lot Of Anything
Apr 26, 2024
Former dean of the Rotman School of Management, Roger L. Martin, discusses how he turned around a failing business school with minimal changes. Topics include unconventional leadership strategies, promoting adult behavior to address conflicts, and innovative fundraising methods for academic institutions.
01:25:11
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Quick takeaways
- Building trust through long-term vision and economic transformation
- Fostering mature interactions to reduce conflict and promote teamwork
Deep dives
Creating Economic Transformation and Retaining Top Talent
The Dean faced a crucial decision when a top professor received a higher salary offer from a US business school. Instead of immediately matching the offer, the Dean explained his plan to economically transform the school to afford world-class salaries in the future. The Dean offered the professor a choice: take the 80,000 higher salary now or wait five years for potentially higher earnings to align with the economic transformation. Ultimately, the professor chose to wait, demonstrating trust in the Dean's vision and commitment to building a stronger faculty.
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