Driving Impact: DeGroote School of Business Embraces Entrepreneurship, Digital Transformation, Health Management, and Sustainability in New Strategic Plan

May 23, 2023 | Hamilton, ON
Contributed by Katie Almas, Marketing Manager (Digital)

Strategic Plan Hero Image that has the text "DeGroote School of Business Strategic Plan". The image behind is a DeGroote student raising her hand to ask a question.

The DeGroote School of Business is pleased to announce the launch of its new strategic plan.

The plan was the result of numerous consultations with stakeholders including; faculty, alumni, senior leadership, students, community members, and employer partners.

In the spring of 2022, we began a consultative strategic planning process understanding that the world and our role in it had changed. Emerging out of the pandemic we witnessed shifts in healthcare management, the increasing role technology plays in business and society, and the greater importance placed on societal values of equity, diversity, and inclusion, said Dean Khaled Hassanein.

The process allowed us to assess the DeGroote School of Business’ place in the current business school landscape and identify opportunities for the School to grow, particularly in the strategic areas most important to DeGroote and McMaster University.

DeGroote Strategic Plan tagline of Inspire. Impact. Transform. And an image of Khaled H (Dean of the DeGroote School of Business)

The DeGroote School of Business community has chosen five strategic goals by which to navigate the next five years. They determine our priorities and guide our major initiatives and activities so that we may fulfill our mission and bring our vision to life. It is driven by a strong desire to make a meaningful impact that reflects our values: collaboration, community, inclusivity, innovation, and integrity.

Our five strategic goal areas:

  • Teaching & Learning – Fostering a culture of excellence that motivates students to become mindful leaders and lifelong leaders.
  • Research and Scholarship Furthering DeGroote’s excellence in all aspects of research and discovery to advance knowledge and have a positive impact on business and society.
  • Engaging Communities Expanding our community engagement to deliver a meaningful impact to our stakeholders.
  • Inclusive Excellence – Fostering and promoting a culture of equity, inclusivity and respect that embraces and leverages the diversity of our communities in everything we do.
  • Operational Excellence – Supporting and celebrating a culture of continuous improvement through collaboration and evidence-based decision making.

“We want to thank every stakeholder for sharing their feedback with DeGroote,” said Dean Khaled Hassanein. “Without the support of every member of our community, we would not have been able to accomplish this strategic plan and I genuinely believe that every person, from faculty to staff to students or community partner, can see themselves and their priorities reflected in this document.”

For more information on DeGroote’s strategic plan, please visit strategy.degroote.mcmaster.ca.

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