PB-magazine-header

FALL 2023

Shaping a Better Future

Pitt Business 2030: A New Strategic Roadmap 

// Academic Update

Pitt Business strives to be ahead of the curve and embrace new challenges — and navigating the use of artificial intelligence (AI) in the classroom is no exception. With the emergence of AI poised to revolutionize how we learn and work, some faculty members have welcomed this modern technology and are already integrating it into their courses, while others are more cautious. Across all sectors and geographies, businesses are innovating or being disrupted by rapid change. Business schools need to keep pace and equip students to meet the challenges of today and tomorrow.

“Pitt Business is well-positioned. We have world-class faculty, a strong portfolio of innovative programs, and rich opportunities to partner with industry and other disciplines,” says Gene Anderson, Henry E. Haller Jr. Dean. “By drawing on these strengths, we can advance our position as a leader in business education and research.”

Pitt Business 2030 is our roadmap for igniting growth, inspiring innovation, and empowering tomorrow’s leaders to shape a better future through the power of business.

Bibiana Boerio (MBA ’76), chair of the Board of Visitors, comprised of business leaders who serve as an advisory committee to the school, says the process of developing Pitt Business 2030 was “a great opportunity to discuss the complexities and state of higher education today — as well as our strengths and weaknesses.”

The retired Ford Motor Company executive whose role included strategic planning (read her profile), adds: “This plan helps all of us to focus on what we’re going to do — and what we’re not going to do. This also helps to align people to know the school’s future and where everyone of us fits in.”

Five Strategic Commitments

The guiding principles of Pitt Business 2030 are captured in the school’s new purpose, mission, and vision statements (see inset). In addition, the plan identifies three areas in which we will cultivate distinctive excellence or Paths to Distinction — the business of healthcare and the life sciences, the digital transformation of business, and business and societal impact.

The heart of the new plan is the pursuit of five strategic commitments:

Reimagine Programs: Ensure each offering prepares students to meet tomorrow’s challenges, appropriately leverages the Paths to Distinction, and fulfills a strategic role.

Engage Pittsburgh: Pursue mutually beneficial partnerships at home and abroad – especially those that advance and support the three Paths to Distinction.

Research with Impact: Strengthen our research faculty, increase the impact of our research, and diversify sources of research funding.

Business for All: Foster an academic community that’s welcoming to all and maximizes the Pitt Business experience for each of its members.

One Pitt Business: Advance a unified and distinctive brand identity, communicate impactfully to all constituencies, and pursue all activities with a One Pitt Business mindset.

 

Vision Statement

Deliver World-Class Knowledge 

Business Alumni Association President Matthew Stahl (MBA ’11) says the plan represents a shift in how Pitt Business delivers its educational offerings to meet ever-changing student needs.  

“In the short term, the plan will enable our school to right size the offerings and deliver world-class knowledge in a nimble fashion,” says Stahl, a vice president in PNC Bank’s digital product management division. “In the long term, it will position us to attract and develop a top tier diverse student base ready to conquer the world!” 

Click here for more details about Pitt Business 2030, including descriptions of the Paths to Distinction.