The department supports entrepreneurial and business opportunities which will provide resources to build a financial sustainability strategy that:
- Supports the expansion of national and global business consulting
- Provides a margin to re-invest in academic mission
- Creates professional development opportunities for EM faculty
Accomplishments in Business Development
Appointment of the Vice Chair of Strategic Collaborations: The DEM has created a formal structure for business development, supported by the .
Investment in business operational capacity: The DEM maintains several administrative and project management staff that support global consulting.
Recruitment of faculty that support business development: The DEM has hired a number of faculty that support and advance the business mission of the department.
Contractual structures that support business growth: Significant DEM leadership and administrative effort has been invested to land grants and contracts in the BWPO.
Expansion of External Business in the STRATUS Simulation Center: The DEM is the home of the and has supported the advancement of its business mission for global consulting and revenue generation.
Expansion of philanthropy: The DEM has created a new and unique Advisory Board of community leaders and business entrepreneurs to assist in the acquisition of new gifts and new business relationships.
