At the heart of every good company is a great leader with excellent management skills and high levels of competency. Due to the importance of leadership in business an increasing number of companies are sending their mangers on executive education courses to ensure they have the attributes that will allow them to succeed. Executive education is purely an investment; it is an investment in employees in the hope that after achieving a skill set in leadership and management, the company will feel the benefits of having a well trained and highly motivated management structure. This demand has led to a relative 'boom time' for educational facilities offering courses, as companies seek to constantly increase the skills of their employees.
Part of this development has included a move towards creating bespoke executive education courses for specific corporations. By doing this, educational institutions have been able to secure more business while developing training that is targeted to a company's objectives. Around five years ago this was not the case, more generic courses were popular. Today however companies have realised that by giving managers specific skills they will in fact be better at their jobs. For instance, if a company wants to train sales managers, it makes more sense to put the trainees through an executive education course that focuses on financial analysis.
In addition to shorter, more specific courses, some education facilities have worked with businesses to create accredited award schemes. This can be anything from basic qualifications, right up to Masters level. This move comes as a result of company's wanting their managers to have certification for the training they have undertaken within the company structure, as well as in the public sphere.
If you are a business manager, contemplating sending your management away on executive education courses means a number of factors that will require careful consideration. One of these considerations is to understand exactly what results you will need from a training program. This can be difficult but with the help of an executive education professional it is possible to find a course structure that will cover the attributes needed and a suitable timescale.
Additionally, converse with the employees set to take the course is an essential consideration so they understand succinctly what they will be expected to learn. However, part of the selection process of who will undertake the course should also include an assessment of who is likely to gain the most from training. It is also advisable to continue the training after the course has been completed. This can be performed by holding discussion forums and meetings that will ultimately help employees understand what they have learnt and how to apply it to their specific job role.
Executive education should not be considered a short term fix for management problems. It is in fact a long term solution that requires planning on the part of the leadership. Enrolling many employees on a rolling basis is an attractive option as it will gradually improve the attributes of the entire workforce. In addition by having a large number of employees suitably educated, improvements to working processes will become a reality as more workers have the knowledge to increase efficiency and hence profitability.
Ultimately executive education should be used as a reward not a punishment. By using it positively it is a way to improve individual performance and functionality. In the wider sense by using it as a reward, company leadership can create loyalty amongst the employees as well as gaining a more knowledgeable workforce. The world of business is cutthroat and fiercely competitive; by educating management officials it is possible to have those leading a business with the essential skills for success. The business owner of today needs to consider whether they can really achieve success without an educated, skilled and well rounded management structure; effective executive education can help to achieve this goal.
Education In Business Administration
"If education was run more like a business," he says "we'd be far better off." Many of Paul's colleagues in business agree with him.
Estelle is a school principal and is tired of hearing business people make negative comments about education.
"They should mind their own business and stop criticizing the schools," she says shaking her head. Most of her teachers share the same opinion.
These words and the feelings they express indicate a lack of real understanding between the worlds of business and education. Such negative attitudes only serve to create further division and misunderstanding between two potential partners.
Education is not a business. It faces some unique issues and problems that are often unrealized by the business community. However, business has a major stake in the product that comes from our schools. In an era of rapidly changing technology, reducing the cost of training new workers is a great incentive for business to collaborate with education. Education is the business of business and the entire community.
It has been said that education is a "journey," not a destination. Indeed, there is always more to learn. That journey becomes "first-class" when business joins hands with education. The formation of effective school-business partnerships is the way to bridge any gap that may exist between these two worlds. A successful design for constructing such a bridge is the purpose of this book (Facing the Future Together).
Some alarming trends make a strong case for collaboration and partnership. Currently in the United States approximately one-quarter of each high school class fails to graduate each year. Of those who do only about one-third go on to a four-year college and complete a B.A. degree. While most of these young people do well, the other two-thirds will have a much more difficult time facing the demands of the workplace.
These trends represent a tremendous source of frustration and waste for these young people, and just as much a source of waste and lost potential for the nation. Why is this happening? First, there is no institution that has established as its mission helping young people to make the transition from high school to the work place. High Schools care about their students until they leave. Employers care if the new employee has needed skills and can contribute to their success. But no one helps young people get from point A to point B.
This is also a time of great change for young people. They enter high school having had everything in their lives planned for them. They leave high school and are on their own. At a time when they're dealing with a host of issues related to growing up, they are expected to plan their future with almost no experience in this arena and no organized system to help them.
Who will inherit these youth? By and large employers. Even those who go to college for four years will spend the next 30 to 40 years working. Those who don't go to college will begin working directly after leaving high school. Is it in the interests of high schools to learn what employers want and need in hiring new employees? If they care about the future of their students, yes. Is it in the interest of employers to learn what schools want and need? If they want young people to successfully make the transition and become productive employees, yes.
There are huge payoffs for schools and employers working together. And while there is no organized system to make this happen, this book offers examples of proven methods of bridging the transition gap for students of all ages through school-business partnerships.
Examples of successful partnerships can be found among the pages of Facing the Future Together. However, there are thousands of large and small businesses and thousands of schools still without partners. Upon the completion of this book ? educators, CEOs and business managers will understand the concepts and mutual benefits of school-business partnerships. Instead of the antagonism between Paul and Estelle described at the beginning of this article, representatives from both business and education will have the expertise to approach one another with this information and face the challenges of the 21st century together.
(An excerpt from the book Facing the Future Together: Forming Successful School-Business Partnerships and reprinted with permission of the author, Jim Leatherwood)
Both Thomas Pretty & Jim Leatherwood are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Thomas Pretty has sinced written about articles on various topics from Formula One, Debts Loans and Interior Design. Business expert Thomas Pretty looks into how can be deemed an excellent way to improve management ability, company efficiency and hence profit. Thomas Pretty's top article generates over 1500000 views. to your Favourites.
Jim Leatherwood has sinced written about articles on various topics from Online College, Partnerships and Education. Jim Leatherwood is the author of Facing the Future Together: Forming Successful School-Business Partnerships. Website: ; E-mail: th. Jim Leatherwood's top article generates over 4400 views. to your Favourites.
Cloning Animals Pros And Cons Finally, it is not a quiet vacuum. Though few vacuums are quiet, this one is loud. On the other hand, some people feel like this is a sign of its power. So it can really go either way