Published: Nov. 4, 2022

From Business at Leeds 2022 |ĢżFull issue

Earth from space. Lines representing radio waves and satellite traffic are drawn onto the image.

As the lines blur between business and business schools, Leeds' innovation and adaptability are keeping alumni in the driver's seat.

In the business world, change was once said to be constant.

Today, that word fails to capture the relentless pace of disruption, one in which a companyā€™s fortunes can change seemingly overnight as a result of an innovation that unlocks a new market, enables new ways to connect to customers, or radically realigns established industry categories.

Businesses have been forced to find new ways to be agile, to anticipate change and to rethink risk as they navigate this new world. A core piece of their strategy is finding ways to partner with business schools, which have created and revamped programs to ensure graduates add value the moment they start work. Ģż

With its emphases on entrepreneurship, innovation, technology and analytics, itā€™s no surprise Leeds is a frequent partner of companies seeking nimble professionals.Ģż

ā€œThe field is always moving so fastā€”something new comes up every year,ā€ said Dan Zhang, interim chair of Leedsā€™ strategy, entrepreneurship and operations division. He brings his extensive consulting experience to bear in refreshing his Advanced Data Analytics course each summer, and ā€œif you do not do regular updates, you canā€™t keep up to date with industry. Itā€™s a necessity.ā€Ģż

ā€˜Data are not going awayā€™

Libby Duane Adams poses in a corporate stairwell.Industry, meanwhile, is appreciative of Leedsā€™ willingness to anticipate the new skills businesses will need in the years to come. Libby Duane Adams, chief advocacy officer at Alteryx, has had a front-row seat to the changes in industry since she and Dean Stoecker (IntBusā€™79) co-founded the software company. As Alteryx has grown, itā€™s begun offering scholarships to schools like Leeds to ensure graduates have the right set of skills for a workplace driven by change.

ā€œData are not going away,ā€ she said. ā€œThe ability to work with data is a required skill nowā€”and the more students invest in that skill set, and develop their ability to work with data, the richer their career opportunities are.ā€

Alteryx also co-sponsored a conference at Leeds over the summer that brought the directors of business analytics programs together to address and begin solving some of their shared challenges. The two-day event, which attracted representatives from nearly two dozen programs nationwide, also featured industry input through panel discussions and a keynote. Kai R. Larsen, faculty director of the masterā€™s in business analytics at Leeds, said industry involvement showcased the scale and pace of change that has disrupted companies across the spectrum.Ģż

Poet warrior, meet Python

ā€œEvery time we ask chief information officers what they want in a recent grad, itā€™s always the same thing. They want a poet warrior,ā€ Larsen said. ā€œBut in reality, they want a warrior who also knows how to program Python, and thatā€™s what they test for in their entry interviews.ā€

Tim Weiss stands in Optera's offices. He's wearing a baseball cap with the company logo.Data and analytics are, of course, driving conversations in business. But thatā€™s not all you need to stay current. Tim Weiss (MBAā€™16), co-founder and chief operating officer of Boulder-based Optera, said in his industry, new regulations and changing attitudes around climate are keying rising interest in the sustainability management software providerā€™s services.

ā€œLeeds taught me new business skills and how to market myself for prospective opportunities, as well as become better engaged with the Boulder community,ā€ Weiss said. He added, ā€œI donā€™t know of any programs that specifically teach what you need to know for this industry. Itā€™s moving too quickly.ā€

Faces of Leeds: Meet Tim Weiss

That said, a glance at the companyā€™s roster shows more than a few ²ŹĆń±¦µä alumni. ā€œWhen we recruit, we try to hire the full packageā€”which means ensuring we have fundamentally good people, for whom values are not optional,ā€ Weiss said. ā€œThereā€™s a lot of great people from ²ŹĆń±¦µä who fit that mold. We do have to train them in sustainability, but they come out with the skills needed to quickly adapt.ā€

Finding good people

Wanting to hire good peopleā€”not just skilled peopleā€”is an important consideration against the backdrop of shifting workplace attitudes toward ethics, said Joshua Nunziato, a teaching assistant professor in Leedsā€™ Social Responsibility and Sustainability Division and director of the Daniels Fund Ethics Initiative Collegiate Program. Increasingly, professionals want to work for companies that value their values; just ask Theranos, Facebook or Uber, which have all landed in hot water for conduct coming out of their C-suites.Ģż

In Nunziatoā€™s classes, he sees a subset of students with a deep desire to make a positive social and environmental impact.Ģż

ā€œBut what interests me are those students who instead see sustainability and ethical leadership as inseparable from their own career ambitions,ā€ he said. ā€œItā€™s exciting to teach them, because they understand that ethical leadership is not an either-or choice.ā€

A focus on values helped Jenny Gerson (EBioā€™06; MBAā€™14) transition from working as an ecologist with the U.S. Forest Service to creating a sustainability role at Zayo Group.Ģż

Jenny Gerson in a data center.Sheā€™s now director of sustainability at DataBank; the companyā€™s data centers enable the kind of cloud storage and computing power that have put data within reach at so many companies.

Too much information

ā€œOne of the ways Iā€™ve stayed current with all the changes going on in my industry is something I learned at Leedsā€”networking,ā€ she said. She started a group for sustainability professionals which numbers more than 100 peopleā€”including more than a few Leeds alumniā€”mainly at small to midsize tech companies in the Denver area.Ģż

ā€œWhen you have a network like that, any time a question comes up, you can immediately go to someone and get a different perspective on what it means for own your work,ā€ Gerson said. ā€œThereā€™s so much information out thereā€”too much, reallyā€”and having peers who can help you focus is incredibly valuable.ā€Ģż

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ā€œWork has become almost a continuation of business school. Things come at you quickly, andĢżyou have to figure out how to prioritize them, solve problems and plan ahead.ā€

Jenny Gerson (EBioā€™06, MBAā€™14), director of sustainability, DataBank

Leeds is listening to its network, too, which helps shape its approach to academic programs. For instance, the school recently created an MBA pathway in natural and organic products in response to the needs of both small local businesses and large internationals seeking insights in an organics stronghold like Boulder. Students in this pathway spent their summers interning at companies like Jack & Annieā€™s, Danone and Cloroxā€”proof that the perspective taught in the program is sought at companies of all sizes.Ģż

ā€œBecause natural and organics has become so competitive, itā€™s much more difficult to turn a passion project into a thriving business,ā€ said Heather Kennedy, a teaching assistant professor and consumer marketing specialist whoā€™s held marketing leadership roles at Whole Foods and Kraft. ā€œThese entrepreneurs need business acumen, so they can get their products to market. On the flip side, large consumer packaged goods companies see the growth of the natural industry and realize that, to stay competitive, they need to move in this direction.ā€Ģż

That, of course, speaks to the blurred boundaries between business and business school.

ā€œWork has become almost a continuation of business school,ā€ Gerson said. ā€œThings come at you quickly, and you have to figure out how to prioritize them, solve problems and plan ahead.ā€

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Curricular Updates

At Leeds, faculty leverage relationships in industry to ensure that when curricular changes are considered, they meet both current and future needs of the workplace. Ģż

Joshua Neil, faculty director of the accounting and taxation masterā€™s program, said input from both the Big Four professional services companies and changing requirements for the CPA exam drove Leeds to add more technical courses to the curriculum. Ģż

ā€œThe accounting firms have been asking us what weā€™re doing in this space, probably for the last five years,ā€ Neil said. ā€œFor students that were analytically inclined, we were able to steer them into some specialized elective courses.ĢżBut data have become more mainstream in the last 18 to 24 monthsā€”youā€™re seeing textbooks now with tools like Tableau embedded in them, you hear from our students that theyā€™re asked to use tools like Alteryx on their internships.ā€ Ģż

This fall, an analytics course offered by Kai Larsen is being modified for accounting masterā€™s students, with an emphasis on bringing in people from industry to show how these skills are used to help accountants do their jobs better.Ģż

ā€œThe CPA is doing the same thingā€”theyā€™re responding to the industry, saying we need a license track in this area,ā€ Neil said. ā€œWeā€™ve gone from what was a novel intersection to realizing weā€™re going to need a lot of jobs in this space, and you might be at a real competitive disadvantage if you donā€™t have these tools.ā€Ģż

Leeds also is increasingly intentional about hiring industry-qualified instructors, who bring real-world knowledge around topics like licensing requirements and disclosuresā€”which may change faster than a textbook can reflect.Ģż

Ahead of the Curve

Close connections to industry and a roster of top faculty have helped Leeds create programs that meetā€”or anticipateā€”real-world demands. A few examples: Ģż

BASE. The sophomore year capstone each Leeds student completes, BASEā€”or B-core Applied Semester Experienceā€”follows industry-intensive dives into each business discipline. Students learn to combine lessons from those disciplines on a real-world project that helps them determine their areas of emphasis as upperclassmen. Ģż

Business+Engineering. Much of the change driving the business world comes from technology and engineering. This programā€”symbolized by the new Rustandy Buildingā€”offers structured cross-collaborative opportunities between business and engineering students and faculty. Ģż

Buffs With a Brand.ĢżDeveloped by the Deming Center for Entrepreneurship in partnership with CUā€™s Athletics Department, this program gives scholar-athletes tools to help them navigate the new rules around name, image and likeness use. That foresight helped CU roll out a partnership with INFLCR to create the Buffs NIL Exchange.Ģż