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Past Issue: APRIL 2012
From the Editor's Desk
Sweat in peace, to bleed less in war
By Ester Martinez, Managing Editor
Apr 2nd 2012
The Army, Navy and Air Force are known for their commitment to invest in training and development. They equip their officers to handle any situation when crisis hits. Their ethos is built on their belief that “the more you sweat in peace, the less you bleed in war” and this ethos drives their philosophy of investing in people’s development. The question that a corporate CFO might ask is whether there is a way to effectively measure the ROI in the absence of a war? Does the re... Read more »
Cover Story
More emphasis on customized programs
By Manish Singhal, Associate Professor, OB, XLRI Jamshedpur - School of Business & Human Resources
Apr 5th 2012
The changing business environment is forcing exciting trends in the executive education space. The primary ones include, firstly, more and more companies are now beginning to be more skeptical about the off-the-shelf open management development programs offered by leading business schools. Instead, there is a growing emphasis on programs that are customized for the organization. This involves the faculty's immersion into the company, viz., interaction with the top management team to understand... Read more »
Emphasis on Contextual Content
By Deepak Chandra, Deputy Dean, Indian School of Business (ISB)
Apr 4th 2012
Executive education primarily caters to the top two levels in the organization. Depending on the size of the business, the top two levels could mean the person leading that organization or the division (business unit), and the CXO reporting in to the CEO/ business head.Learning at the senior level includes people who want to know more about their particular functions, or those who are leading a particular function, but need to make decisions based on the understanding of other functions. Busin... Read more »
Focus on general management
By Dr. TV Rao, Chairman, TVRLS, Founder President National HRD Network, Founder Honorary Director, AHRD, Former Professor at IIMA and former L&T Professor of HRD at XLRI
Apr 4th 2012
A major leadership challenge is succession planning. Three decades ago, NM Desai of L&T said in an interview to a business magazine that if one of these days, if he is knocked down by a red bus, there are six people to take over after him. He was referring to his vice presidents. Today With all the progress in leadership, succession and building next generation leaders, while some are doing an excellent job many corporations cannot still find top level talent to take charge of corporations... Read more »
Establish Clear Expectations and Objectives
By Neelam Gill Malhotra, Vice President - HR, CSC India
Apr 4th 2012
At CSC, we believe that development and education is an ongoing and continuous process that is imperative at all levels in an organization. However, the methodology and the procedure differ from level to level, thus making the approach more crucial. The top 2 layers consist of experienced professionals, who are well versed with the industry standards. Our senior management is the think tank of the organization, which strategizes new policies and plans and defines the future aspects of the comp... Read more »
Online education on the rise
By Karthik KS, Chief Executive Officer, 24x7 Learning
Apr 3rd 2012
Indian executives always lookout for rigorous and long-term education programs that can help them acquire strategic management capabilities without resigning from their full-time job. In the recent years, many Ivy League colleges like Harvard, Kellogg, LBS, MIT Sloan, etc. have entered India and opened centers here. The scope of executive education is now clearly expanding towards including entry and mid-level management as well, because the need for better understanding of business at various... Read more »
Identify measures of return
By Dr. Lee I Newman, Ph.D. Dean, IE School of Social & Behavioral Sciences, IE University and IE Business School
Apr 3rd 2012
I see three fundamental changes in leadership development. First, development has tended to focus on the negative. Weaknesses may be relabeled as ‘development opportunities’, but the emphasis is clear - a person lags in a skill the organization deems important and this must be addressed. The new science of positive psychology has shown that employees are more engaged, more creative, and more productive when development focuses on harnessing strengths rather than addressing weakness... Read more »
Executive Education: Investing in Top Guns
By Ester Martinez & Rajlakshmi Saikia
Apr 2nd 2012
Global pressures on talent and capital have resulted in a competitive and fast-changing business environment; further the short supply of talent, and specifically, of leadership talent has begun to affect growth plans and strategies. Companies in every country and every industry are exploring new ways to develop a critical mass of leaders to take their organizations to the next level. In response, universities and education service providers across the world are innovating their approach and t... Read more »
ROI is not just a number
By Dr. Santrupt Misra, Chief Executive Officer, Carbon Black Business & Group HR Director, Aditya Birla Group
Apr 2nd 2012
The world of knowledge is continuously moving and our executives are stepping into new waters and therefore, they need to gain new knowledge, new experiences and new skills. Businesses too are facing new complexities and challenges. Executive education creates an opportunity for peer learning - when people come together, they have the opportunity to learn from each other. We do not have a specific set of programs or institutions that we use always. These keep on changing year-on-year based on... Read more »
The king too needs education
By Dr. Pritam Singh, Dean & Director General, IMI
Apr 2nd 2012
I look at the crisis of leadership as a global crisis. It is a crisis in the area of public affairs, academic world, and bureaucracy. The role loading capability needs to be heightened in the individual, because many CEOs have not even grown beyond the general manager attitude. There is a mammoth need for executive education and for this, one needs to understand what this crisis is all about. Is it about knowledge, about competency or is it something different? And that is where we are not foc... Read more »
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