University of Texas System regent Alex Cranberg has several things in common with recently fired UT special adviser Rick O’Donnell: Colorado, Jeff Sandefer’s
“„“There’s some accountability in higher education, but for what?” asks Alex Cranberg, chairman of Aspect Energy and another Acton supporter. “Professors are held accountable for how often they’re cited, or for the amount of research grant money they bring in. But there’s very little accountability for actual student achievement. I’m impressed that at Acton both students and faculty are graded on a curve. Few schools—if any—are doing the same thing.”
“„Cranberg is likewise pleased that Acton employs teachers with real-world achievements, not just book smarts. “Higher education’s infatuation with credentials has made it blind to opportunities to use professional people that are equally, or even more, impressive. We should be focusing on teachers with achievements, not just credentials.” He agrees with [Texas homebuilder David] Weekley that the program instills a sense of purpose in its students. “The students are urged and taught how to set out a path in life as opposed to just allowing a path to be set out for them. The Acton MBA makes the student figure out who they really are.”
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“„Both Weekley and Cranberg believe that higher education and its donors would be wise to adopt Sandefer’s approach. “A lot of entrepreneurs have an interest in supporting higher education. They want to inspire people,” says Cranberg. “But anybody looking to support entrepreneurship would do well to look at traditional programs, understand why the Acton MBA is different, and learn from that comparison.”"
