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Abstract
The authors of this article describe one university's use of annual peer review as a significant tool for achieving cultural changes in the business and accounting department. These changes were necessary for adjustment to the new institutional mission and successful achievement of business and accounting accreditation. The faculty members implemented an annual peer review of all aspects of faculty performance by requiring and evaluating an annual faculty portfolio. Each portfolio included evidentiary records about all aspects of faculty performance, including teaching, advising, service, and scholarly accomplishments. This summary of the faculty portfolio initiative should be useful to other institutions planning similar changes.
