Teesside University's new business school will 'transform' region's economy

Teesside University's new Business School was formally opened by Chancellor Paul Drechsler yesterday.

Bosses say the new school will help to build and equip the requisite leaders, managers and innovators of the future by working with business to address productivity issues, embrace innovation and develop the skills and knowledge of the existing workforce.

Alongside state-of-the art learning facilities and collaborative workspaces, the new Business School will see companies, ranging from micro-businesses and SMEs to key North-East businesses, using its facilities and working alongside students, sharing knowledge and innovation.

As well as providing opportunities for students to gain insight into real-world business issues and hone their graduate capabilities, it will also provide a forum for collaboration, helping to build a network of engaged students and employers which will boost graduate level job opportunities, keeping key skills and knowledge within the region.

Mr Drechsler said: “As President of the CBI, I championed the view that education must equip our young people with so much more than just knowledge.

“Creativity, thought-leadership, risk-taking and envisioning - the skills of an entrepreneur- are also critical.

“It is refreshing therefore, to see this modern and ambitious business school, founded on the principles of enterprise.

“Here we see a commitment to collaboration, team spirit and partnership. There are facilities here to bring together staff, students, business leaders, local community, and an ethos of cooperation.

“It is this new model that will deliver the business leaders of the future. It cannot be ignored.”

Vice-Chancellor and chief executive Professor Paul Croney said: “The Business School is a fundamental catalyst for the region and also a significant player on the international stage, developing the leaders and managers of the future."