We trust education is not necessarily the exclusive right of the university. Instead, “Education” should be the joint talent-developing project equally contributed by the triple-helix: “University”, “Industry”, and “Government”, collectively named as “UIG”. Similarly, we trust “Community” and “Organization” in the new global era should jointly be built by “UIG”. In sum, the “Education”, “Industry”, and “Organization”, collectively named as “ECO”, is actually a compact of UIG; and therefore we label this complex as the “ECO Compact”, which also means an ECO-system for our next global frame. Based on this, every element of SHU MBA is built and supported by this “ECO Compact”, which forms the core part of the unique “SHU MBA Model” or “SHU MBA Way”.
SHU MBA’s unique governance structure is one of the examples for this. Since 2004, we have had the campus-wide “University Management Committee” to get advices, supports, and participations from various disciplines, authorities and experts across the campus, as shown in Table One. The Chairman of the Committee is the Vice-President in charge of Graduate Education of Shanghai University. Besides this Management Committee, we also have “Program Community Board of Directors”, which is mainly formed by the business and community elites who understand and share our mission, vision and dream, which are the blood and tissue of every stakeholder of SHU MBA. We are forming the “Academic Committee” when we are now in the mature stage of our ECO faculty team, composed of qualified academic elites as well as business and community practitioners who are well-equipped with an excellence academic and business qualifications. This will be chaired by our “Principal Professor” who is actually a well-respected academic with plenty of experiences as a leader of Chamber of Commerce in Shanghai.