In December, I wrote a post about why the frequency of my writing slowed and would continue to slow.  The explanation was simple:  I had entered a doctoral program and was engaged in the final writing stage of my dissertation.  I am pleased to say that I satisfactorily completed all the requirements for my doctoral program at the University of Pennsylvania including defending my dissertation.  Now that I have had a couple of weeks to savor the accomplishment, I am ready to resume some of my “free time” activities that I postponed or slowed in order to go back to school and earn my doctoral degree.  As I begin to resume blog posts, I thought I would share my reflections on my area of studies.

When I completed my MBA from Tulane’s Freeman School of Business in 1978, I thought I had completed all of my formal academic studies.  After graduation from Tulane, I sat for and passed the CPA (Certified Public Accountant) exam, the CMA (Certified Management Accountant), and the Fellow exam for the Healthcare Financial Management Association.  Maintaining those certifications required annual continuing education hours, but not academic credits.  Usually, I could earn 40 hours of credit per year by attending a couple of two day seminars along with a single day seminar.

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Some time ago, I thought about writing an article about writing.  While I have read articles and research about some of the new words in the English language created through texting shorthand and the impact of the pace of quickened communication on our written language, I note that there is no substitute for a well-written book, document, article, memo, etc.

I make no claims to being a writer, professional or amateur.  I do not publish academic research at the present time.  However, I have enjoyed reading since the beginning (first grade for me), and the enjoyment of reading has given me an appreciation for the quality of writing.

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It is really hard to identify when ethics –or the lack thereof –became a social issue of the magnitude that it seems to be now.  When I received my MBA from Tulane in 1978, a course in ethics was required for everyone in the last semester of the two year program.  It was considered the capstone course of the MBA program and our professor utilized the case study format.  Later, when I passed the CPA exam, I had to take an ethics exam in order to obtain my license in the state of Maryland.  In the early years of my career, I remember the Ivan Boesky scandal on Wall Street in the 1980’s.  Boesky took down Mike Milken of Drexel Burnham and a few others.  Of course, most recently, we have seen the fallout from Enron, Bernard Madoff, and others.  But ethical lapses are not limited to businessmen.  Almost all of us can name a few politicians who strayed from the norm like Congressman Dan Rostenkowski, Governor Rod Blagojevich, President Richard Nixon, etc.  We can also name a few government employees who earned notoriety by selling their country’s secrets including Aldrich Ames and Jonathan Pollard.   Baseball fans might think about gamblers like Shoeless Joe Jackson and Pete Rose or steroid users like Jose Canseco, Rafael Palmeiro, and Manny Ramirez.

I don’t know if the omnipresent nature of the media has drawn more attention to ethical lapses of our political, corporate, governmental, and sports figures or if the frequency has, as I suspect, increased.  However, a recent article in the New York Times spurred me to write this piece.  Written by Leslie Wayne, the article mentions that nearly 20 percent of this year’s graduating MBA class at the Harvard Business School have signed a voluntary student oath that pledges to “serve the greater good” and to “act responsibly and ethically.”  MBA programs have not stopped teaching ethics.  In fact, Harvard, Wharton, and Columbia have several ethics classes and Wharton and Columbia have ethics centers.  I think it is good that these students created this pledge.   However, ethics is not just business ethics.  Ethics is ethics.   Good ethics is good for business.  Good ethics should be good for all of our leaders and followers, no matter what their chosen field.

Ed Strong was one of my grad school professors at Tulane.  On one of my early postings on this blog, I mentioned his name with a list of professors who I found notable for their teaching abilities when I was in college.  Ed found that posting and sent me a note.  We have remained in touch off and on through email and Facebook.  A few months ago, Ed sent me a link to one of the postings on his blog, Cabbages and Kings, and stated that I was one of his few Facebook friends who might be interested in the post.

I clicked on the link and found an interesting post where Dr. Strong shares his teaching philosophy.  He originally wrote the piece for his application for a tenure-track position at the university where he works as a full-time visiting professor.  You can read his post yourself or my synopsis below.  Either way, I think it is worth sharing.

Dr. Strong has a unique and varied teaching background.  His first teaching opportunities were with the Army where the teaching philosophy focused on the notion that only three teaching points could be absorbed and retained by students in an hour-long class.  From the Army, Dr. Strong went to INSEAD in Fontainebleau, France which uses a teaching style similar to that found at the Harvard Business School:  individual instructors are required to undertake extensive preparation, often in conjunction with other professors teaching the same or similar classes.  His time at Tulane, as he explains, brought a very different teaching experience.  Dr. Strong writes, “…I spent 34 years at Tulane, a school whose culture held that the instructor was – once the classroom doors were closed – answerable to no one for what went on in the classroom.”  From these experiences, Dr. Strong’s teaching philosophy has settled into a somewhat eclectic and, by his own admission, ever-evolving one.

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As an alum of the graduate business school at Tulane, I followed the events in New Orleans during and after Hurricane Katrina.  Three years later, it’s not just the weather that seems to have improved.  Last Thursday, Tulane cancelled classes for this week and ordered an evacuation of the campus on Saturday, with students who were unable to obtain a flight home from New Orleans being evacuated to Jackson State University in Mississippi.  The Tulane website has included a daily announcement from President Scott Cowen entitled “The Scott Report“, a “New Wave” column that includes items such as photos of the facilities crew cleaning up the post-hurricane debris, and a daily live chat.  Tulane’s executive team traveled to Nashville and has been in communication with New Orleans mayor Ray Nagin throughout the crisis.

The press reports that since Katrina the levees haven’t been secured in New Orleans to survive a Category 3 Hurricane.  Fortunately, Gustav’s landfall was west of New Orleans with winds down to the levels of a  Category 2/Category 1 by the time of landing.  Regardless of the levee situation, which I hope the Army Corps of Engineers is able to resolve, it appears that there have been some lessons learned from Katrina and communication and evacuation plans at the municipal, state, federal, and university levels worked well this time.

Graphic from Measuring Up 2006, a publication of The National Center for Public Policy and Higher Education, showing the increasing costs of various consumer goods and services in relation to the Consumer Price Index.

As a recipient of financial aid in the 1970’s when I attended Duke and Tulane, I can relate to the continual and ongoing debate about the affordability of college.  I was fortunate to have parents who believed in the benefits of higher education and who told me to “go to the best school that you can get into and we’ll figure out how to pay whatever the financial aid office says that we have to pay.”  Thanks, Mom and Dad.

Fast forward a few decades and it’s difficult to pick up a newspaper or magazine without reading about the issues surrounding the affordability of higher education.  The subject is complex, solutions are complex, and many people have opinions on the issue.  Robert Bliwise writes an article in the July-August issue of Duke Magazine that articulates the view from his vantage point as a professor of public policy.  There are a few highlights that I’ll mention and will certainly resurface in a few ongoing pieces about the financial aid debate.

Bliwise begins with a description of a book published twenty years ago by Charles Clotfelter (Duke ’69) called Buying the Best.  Clotfelter, a public policy professor at Duke, examined the way selective colleges and universities competed for the best students and awarded aid.  Students weren’t price sensitive about an elite education in those days and financial aid was growing faster than any other area of campus spending.  In the article, Clotfelter discusses the issues between need-based aid and merit aid.  Clotfelter defends need-based aid as “a guarantor of the brand,” and states that the value of the institution would be diminished if only the affluent could attend.  I agree, personally and professionally.  Bliwise quotes Duke’s undergraduate admissions director, Christoph Guttentag, as stating that there’s now a competition between the “haves and the have-mores” in demonstrating the social contract balancing the affluent and the needy.  Bliwise provides a list of thirty-six “elite” schools that have created more generous financial-aid packages for families with incomes ranging from $40,000-$100,000 per year.

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