Stanford GSB | Ms. Healthtech Venture
GMAT 720, GPA 3.5
Chicago Booth | Mr. Bank AVP
GRE 322, GPA 3.22
UCLA Anderson | Ms. Apparel Entrepreneur
GMAT 690, GPA 3.2
MIT Sloan | Mr. AI & Robotics
GMAT 750, GPA 3.7
Tuck | Mr. Liberal Arts Military
GMAT 680, GPA 2.9
Stanford GSB | Mr. Social Entrepreneur
GRE 328, GPA 3.0
Wharton | Mr. Industry Switch
GMAT 760, GPA 3.95
Stanford GSB | Mr. Irish Consultant
GMAT 710, GPA 3.7
McCombs School of Business | Mr. Marine Executive Officer
GRE 322, GPA 3.28
Harvard | Ms. Developing Markets
GMAT 780, GPA 3.63
Harvard | Mr. Policy Player
GMAT 750, GPA 3.4
Wharton | Mr. Future Non-Profit
GMAT 720, GPA 8/10
Duke Fuqua | Mr. Tough Guy
GMAT 680, GPA 3.3
Harvard | Mr. CPPIB Strategy
GRE 329 (Q169 V160), GPA 3.6
Harvard | Mr. Defense Engineer
GMAT 730, GPA 3.6
Chicago Booth | Mr. Unilever To MBB
GRE 308, GPA 3.8
Kellogg | Mr. Double Whammy
GMAT 730, GPA 7.1/10
Stanford GSB | Mr. Infantry Officer
GRE 320, GPA 3.7
McCombs School of Business | Mr. Ernst & Young
GMAT 600 (hopeful estimate), GPA 3.86
Kellogg | Mr. Engineer Volunteer
GMAT 710, GPA 3.8
Kellogg | Mr. Operations Analyst
GMAT Waived, GPA 3.3
Kellogg | Mr. Defense Engineer
GMAT 760, GPA 3.15
Cornell Johnson | Mr. Indian Dreamer
GRE 331, GPA 8.5/10
Kellogg | Mr. Innovator
GRE 300, GPA 3.75
London Business School | Ms. Private Equity Angel
GMAT 660, GPA 3.4
Chicago Booth | Ms. Indian Banker
GMAT 740, GPA 9.18/10
Yale | Ms. Biotech
GMAT 740, GPA 3.29

Could ‘Growth’ Become A New Business School Discipline?

The Kellogg School of Management has carved out a unique discipline of study: How to pursue business growth

The Kellogg School of Management has carved out a unique discipline of study: How to pursue business growth

Francisco Ochagavia arrived at Northwestern University’s Kellogg School of Management from a family business in his home country of Chile. The 30-year-old, who graduated with his MBA in June, says that one of his more memorable courses focused on the growth challenges of mid-sized companies. It helped to prepare him for the CEO role at his family’s fruit-growing export company that he is looking to scale into a more global operation.

“Normally,” he says, “business school doesn’t cover these kinds of companies. Yet, our family business is a mid-sized company like the ones we studied in class. During the class we really got to understand the challenges you face when industry marketshare is shrinking and the competition is increasing.”

The course he took, Strategies for Growth, is one of seven new offerings at the Kellogg School that attempt to train students on how to successfully scale a business. Arguably the ultimate general management challenge, achieving growth has certainly been a part of every business school’s core and elective MBA curriculum. But Kellogg has carved out an unusual niche in the growth and scaling space from both a curricular and thought leadership perspective. The school has rolled out seven different courses on the topic since the spring of 2014 (see below table). The school also is considering a capstone course or experience to what it calls a “pathway,” or set of cohesive courses that help students develop a specific set of skills.

CREATING A GROWTH CURRICULUM AT KELLOGG WAS A RESPONSE TO MARKET DEMAND

Professor Ben Jones is the brainchild behind the growth and scaling initiative at Kellogg

Professor Ben Jones is the brainchild behind the growth and scaling initiative at Kellogg

Developing the initiative has turned the more typical way courses are developed at a business school on its head. For years, academics in narrow disciplines largely constructed theories of business education in the abstract, hoping that their outcomes would eventually line up with market needs. In crafting a curriculum around growth, Kellogg went to the market first, asked business leaders what challenges they faced, and came up with a series of courses to teach the required skills.

The brainchild for carving out the growth specialty is a Kellogg strategy professor, Ben Jones, who also serves as faculty director of the school’s innovation and entrepreneurship initiative. Jones explains that the idea for it came out of engaging different leaders and alumni. “We heard a lot about the kinds of leaders people in the community are looking for and generally it was people who can take a business and grow it to the next level,” says Jones.

“We were told that is a skill set that is cross functional,” he adds. “You need someone who understands strategy and finance, but who also knows how to manage an organization for change. The market demand for this kind of leader really syncs with us because we see ourselves as a cross functional school. We took the market message back to the school and the good news is we had a number of thought leaders who were thinking about this same issue.”

AN INITIATIVE WITH SPECIAL APPEAL TO THE PRIVATE EQUITY CROWD

The courses are being taught by Kellogg faculty from such varied disciplines as marketing, strategy, managerial economics, and entrepreneurship. Gad Allon, a professor in the managerial economics and decision sciences, is teaching Scaling Operations, a class that focuses on the five important stages of operations that present growth opportunities. Julie Hennessy, a clinical marketing prof, is teaching Generating Profitable Growth. William Ocasio, a management professor, is weighing in with Managing Organizations for Growth.

Mike Mazzeo, a management and strategy professor at Kellogg, taught the first of these courses, Strategies for Growth, in the spring of 2014. The course was immediately oversubscribed, with 160 students vying to win one of the 60 classroom seats. In the elective offering, students study small and middle-market companies while learning the strategic fundamentals and frameworks that underpin profitable growth. Instead of Fortune 500 companies, the case studies center on such firms as Alabama-based Key Firehose, the largest maker of fire hoses in the U.S., Washington-based TiLite, a maker of titanium customized wheel chairs, and Georgia-based Prodew, the largest producer of misting systems for supermarket produce sections.

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.