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EXECUTIVE
DECISIONS
        Executive education is rapidly evolving to offer
          shorter, closer, and more focused programs
        that deliver real solutions to today's companies.
                       BYTRICIABISOUX




                       E
                                xecutive education programs have long been the vehicle of choice for
                                corporations that want to train their most promising talent. Dedi-
                                cated, short-term courses are designed to help executives develop
                                their individual skill sets and better understand the realities of their
                       industries. But now that companies are operating in the shadow of a reces-
                       sion, they want their investment in executive training to translate into tan-
                       gible value for their organizations.
                           Christine Poon, dean of The Ohio State University's Fisher College of Busi-
                       ness in Columbus, has seen that transition firsthand. She came to the dean's
                       office in 2009 at the height of the recession, after 30 years in the healthcare
                       industry, including a post as worldwide chairwoman at Johnson &c Johnson.
                       During her time at Johnson & Johnson, she says, the company used exec ed
                       to help broaden and diversify the skills of high-potential executives. "But if I
                       were back in corporate America today," she adds, "I would also want them
                       to be trained to deal with topics relevant to my company. That would be an
                       added value."
                           Business educators are hearing that sentiment from an increasing number
                       of corporate leaders. With budgets tight and expectations high, employers
                       want today's executive education programs to be faster, more customized,
                       more local, and more accessible to their employees around the world. And
                       they want more than better trained employees—they want their people to
                       come back to work with solutions that have immediate and measurable ROI
                       for their companies.


18   July/August 2012 BizEd
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"More
                                  companies are
                                  saying, 'We'd
                                  like you to run
                                  this program for                                         education in the workplace,
Fast and Focused
According to Mike Stan-           us, but we want                                          Eiter and Woll continue.
                                                                                           "Providing a stellar class-
ford, executive director of
the Partnership Program
                                  you to run                                               room experience is no lon-
at IMD in Lausanne, Swit-         it on our site                                           ger sufficient," they write.
zerland, corporate clients                                                                 "Companies seek learning
want executive education
                                  or at venues                                             that is transferable to the
programs to achieve two           closer to us.'"                                          workplace. Executives want
important objectives: effi-                                                                to learn concepts and frame-
ciency and impact.                                                                         works that can be put into
    "Our clients want to            - Bill Shedden of                                      practice and contribute to
focus on how our program            Cranfield University                                   real-world solutions."
will help them get where                                                                      Duke Corporate Educa-
they need to go most effi-                                                                 tion (Duke CE), the execu-
ciently. They want experi-                                                                 tive education arm of Duke
ences that add value to the                                                                University in Durham,
company, and not those that                                                                North Carolina, recently
are simply fun or interest-                                                                released its report "Learning
ing," says Stanford.                                                                       and Development in 2011:
    The impact of executive                                                                A Focus on the Euture."
education has been top of                                                                  Duke CE asked 142 of its
mind for employers for at                                                                  corporate clients to share
least 15 or 20 years, Stan-                                                                their biggest concerns about
ford adds. But the big dif-                                                                executive training. Improved
ference today is how they                                                                  technological delivery, less
define impact in their conversations       concepts that are not applied to        travel, reduced cost, and measur-
with IMD faculty.                          real businesses," she says. "Cor-       able value all made their lists.
    "Ten or 15 years ago, when com-        porations want to see obvious out-         The report quotes Cathryn
panies talked about impact, they           comes for their businesses."            Klassen, vice president of leader-
 asked about return on investment.            Although exec ed has been mov-       ship and talent development for
 But it can be difficult to measure        ing in this direction for years, the    Sun Life Financial, who notes that
 return on investment for a learning       financial crisis has accelerated its    company leadership is under more
 activity," he says. "But now we ask       evolution considerably, accord-         pressure to demonstrate the value
 them, 'What's your objective?' If         ing to researchers at the Interna-      of executive development. "This
 your objective is to change behavior,     tional University Consortium for        might not mean that budgets are
 we have tools to measure that. If         Executive Education (UNICON). In        cut—in fact, we made additional
 your objective is to spark cultural       UNICON's November 2011 report           investments," she says. "It does
 change, we can measure that. Our           "Breaking the Mold on Blended          mean there is a spotlight focused
 conversations about impact are now        Learning," Marie Eiter and Toby         on real business value. ... Devel-
 more specific. They're much smarter       Woll write that "the recent financial   opment must be tied to the actual
 conversations to have."                   crisis has forced companies not only    organizational capabilities your
    Evgenia Ovasapyan, director of         to scrutinize the costs of executive    company needs to build."
 executive education programs at           development, but also the time that
 Russia's Moscow School of Man-            executives and upper management         Closer to Home
 agement Skolkovo, agrees. "We're          are away from the office."              As part of their emphasis on
 seeing a decline of interest in open          Chief learning officers are         impact and value, corporations
 programs that focus on individual         placing greater emphasis on the         also want programs that are
 skill development and theoretical         immediate application of executive      "shorter, cheaper, and with as

20     July/August 2012 BizEd
much payoff as possible," says Bill    ative work online—or even access        parts of those programs for that
Shedden, director of the Centre        content designed for the company's      company," he says. "We're no lon-
for Customized Development at          own technologies and systems.           ger making the distinction that an
Cranfield University in the United        The iPad has become an espe-         open enrollment program is off the
Kingdom, and UNICON's execu-           cially useful learning tool, says       shelf, and therefore 'bad,' or a cus-
tive director. "That means they        Stanford. IMD began piloting the        tom program is just for that com-
want courses linked to whatever        use of the iPad in its longtime         pany, and therefore 'good.' We're
they're working on right now. They     five-day exec ed offering, "Orches-     finding that everything we have can
want business schools to integrate     trating Winning Performance," in        be put together in ways that are
their biggest problems into the pro-   June 2010. Since then, the school       meaningful to the organization."
grams, through mentoring, coach-       has developed several iPad apps            He points to changes that have
ing, and any other career develop-     to encourage executive students         occurred in the "Orchestrating
ment initiatives they're pursuing."    to converse and learn even when         Winning Performance" program,
    But as their budgets shrink and    they're not face-to-face.               which is designed to allow individu-
their expectations rise, companies         "The iPad takes away the feel-      als and teams to work on an issue
have made the items on their execu-    ing that they're learning only when     they're currently facing on the job.
tive education wish lists even more    they're in the classroom," he says.     Most recently, the school has seen
defined and highly targeted, Shed-     "Even when our students are on the      an increase in the number of large
den adds. For instance, to keep        street or at the coffee shop, they're   groups of executives being sent
costs down and minimize their          always in a learning mode, shar-        through the program. Companies
employees' time away from the          ing what they're seeing via blogs or    now see a program like this as an
office, more companies are asking      social media. Their everyday experi-    opportunity to build individual
for shorter programs offered much      ence becomes their classroom."          skills sets and effect large-scale
closer to home—sometimes on com-                                               behavioral change in their organiza-
pany premises. "More companies         Not Quite Customized                    tions, says Stanford. "That gives a
are saying, 'We'd like you to run      With customization quickly becom-       whole new energy to what an open
this program for us, but we want       ing the norm in executive educa-        enrollment program can achieve."
you to run it on our site or at ven-   tion, more business schools are            For some schools, packaging
ues closer to us,'" says Shedden.      facing a dilemma: Should they try       their offerings effectively means
   They're also asking for more        to serve all companies? Or target       targeting clients whose objectives
content to be delivered online.        those in a specific area or industry?   best align with the strengths of their
Business schools are offering more         Schools may no longer have to       faculty. For example, the University
content via course management          make that choice, says Stanford         of Miami School of Business directs
systems, video conferencing, online    of IMD. He notes that what was          most of its exec ed offerings to the
formats such as Webinars and sim-      once thought of as customization        needs of multinational Latin Ameri-
ulations, mobile devices, and tablet   has transformed into what really is     can companies headquartered in its
computers, says Shedden. "It's         defined as good customer service.       home state of Florida. That decision
not necessarily 'e-learning,'" says    That is, business schools can assess    emerged after close discussions with
Shedden. "At Cranfield, we call it     a corporate client's needs and pack-    the school's exec ed clients, says
'networked learning.'" That could      age or adjust their existing offer-     Amelia McGuire, the school's associ-
mean that course introductions and     ings accordingly.                       ate dean of external affairs and head
static content that repeats from           "When a client comes to us with     of its executive education program.
one run of the course to the next      a development issue, our solution          "We had to look at content—
are offered in online formats that     might include individual coaching       what professors did we have,
employees can access from their        and mentoring. It might include cus-    what could we realistically deploy,
desks. Employers also appreciate       tomized modules. It might include       and how could we build it?" says
when their employees can attend
                                       strategic use of our open enrollment    McGuire. "Then we looked at
Webinars and do some of their cre-
                                       programs, in which we customize         the existing market here in south

                                                                                        BizEd July/August 2012    21
Florida. We realized that the sweet                  At the beginning of each course,             school has partnered with GE Capi-
spot for us was the Fortune 1000                  the company's CEO or country                    tal to create exec ed programs that
companies here that were based or                 manager comes in to speak to the                specifically serve the needs of middle
doing business in Latin America."                 group and outline expectations.                 market companies—^those compa-
   UM customizes almost all of its                Over the next five days, students               nies with annual revenues between
executive education courses to each               discuss topics and work on projects             US$10 million and $1 billion. Much
corporate client. Once a company                  to meet those expectations. On the              of this training is offered through
approaches UM to design a training                last day, the school holds a recep-             the school's National Center for the
program, faculty visit with company               tion where students mingle with                 Middle Market. (See "Eye on the
representatives to leam their objec-              corporate leadership and present                Middle Market" on p. 27.)
tives, then they design a tailored five-          what they've learned.                               "We'll be offering executive edu-
day course. The courses are taught                   Fisher College takes a slightly dif-         cation that emphasizes the themes
jointly by faculty and company                    ferent approach to executive educa-             that are highly relevant to this seg-
executives and are based solely on                tion—it has focused not on a region,            ment: innovation, customer focus,
projects pulled from the workplace.               but on a segment of the market. The             and human capital," says Poon of



A Look Inside Deloitte University
Most companies meet their indi-                                                                             talk about the power of listening.
                                                                                        The Deloitte
vidual training needs by turning to                                                                         Learning to step back and listen
                                                                                  University campus.
business schools for both open                                                                              to a group can be very powerful in
enroliment and customized exec ed                                                                           effecting transformational change."
programs. But when a company's                                                                                  The curriculum was designed
strategy becomes so complex-its                                                                             with the input of Deloitte's senior
problems so unique to its corporate                                                                         leadership, academics, and clients.
environment-it may decide to take                                                                           Courses range from "Welcome to
control of its own executive training.                                                                      Deloitte," which offers new hires
That may mean building its own                                                                              an overview of the company, to
corporate university, with a curricu-                                                                       the "New Manager Program," a
lum infused with its most integrated                                                                        weeklong program for the recently
and ongoing strategic needs.                                                                                promoted. "The Art of Empathy"
    Deloitte Consulting, headquartered in             DU features 800 guest rooms and 35          teaches students to set aside their per-
New York City, recently became one of             classrooms, as well as a fitness center,        sonal agendas to see issues from their
the newest entrants in the community of           running trails, amphitheater, and ballroom.     clients' points of view, while "The Art of
companies with their own corporate uni-           Deloitte expects the university to deliver up   Inquiry" helps them think about how to
versities. Last October, the company offi-        to 3 million hours of instruction to 35,000     ask the right questions. "Mastering the
cially opened Deloitte University (DU), its       employees each year.                            C-Suite" helps upper-level leaders further
US$300 million, 700,000-square-foot lead-             The company's leaders made the large        develop the listening and communication
ership development center. DU is built on         investment because they felt the company        skills they need to sustain client relation-
a 107-acre plot of land in the small town of      needed to develop courses that reflected        ships. "Anatomy of a Train Wreck" walks
Westlake, Texas, just outside of Dallas. The      its specialized focus on client services,       students through real examples from the
company is currently pursuing LEED Gold           explains Diana O'Brien, a managing prin-        company where client sen/ice went terribly
certification for the facility, which uses sus-   cipal of Deloitte University. "We rely heav-    wrong and explores how things might have
tainable design principles and incorporates       ily on telling stories—our own stories-of       been done differently.
renewable and recycled materials.                 success and failure," she says. "We also            Tom Hodson has been involved in




24      July/August 2012 BizEd
Fisher. Courses will be taught by             says Poon. On the one hand, all               the industry. And by having students
faculty from Fisher and subject mat-          students experience a set curriculum,         apply their training to real projects,
ter experts from GE. After students           which makes the program easily                we can keep the program relevant to
are armed with classroom theory,              scalable. But by targeting a specific         their companies."
they identify issues in their com-            market and importing real-world
panies in one of these areas. Then,           projects, the curriculum offers the          Exec Ed á la Carte
they return to their companies to             training these students find most            Collaboration is a big and grow-
work on those issues, with the help           relevant. "We're still experiment-           ing part of the executive education
of faculty mentors. In four months,           ing. We're trying to find the balance        experience. In a recent survey by
they come back to Fisher to present           between creating a program that's            AACSB International, 230 insti-
their project outcomes and receive            neither completely customized, nor           tutions representing 50 different
additional coaching.                          completely 'off-the-shelf,'" says            countries were named as part-
   By focusing on the middle mar-             Poon. "By working with GE Capital,           ners in collaborative agreements
ket. Fisher College can offer pro-            we can keep the topics we're intro-          involving non-degree/executive
grams that are "semi-customized,"             ducing in the classroom relevant to          education. In addition, 34 schools




executive training at the company since he    people. You'd be surprised
was made a principal in 2005. This year,      how diverse our community
he has been teaching in the New Manager       is, even though we all work
program. "It's really a milestone for our     under the same umbrella.
people," Hodson says. "During the week,       Deloitte University helps
they attend plenary sessions on leadership,   our people foster relation-
one of which I deliver, and they go through   ships with others they
business simulations that involve how they    normally wouldn't run into
can better manage things iike client meet-    and learn about services
ings and staff problems."                     we provide that they may
    Hodson and O'Brien are quick to           not otherwise know about,"
emphasize the value of academic business      says Hodson.
training, but note that DU is designed to         Perhaps most impor-
pick up where their employees' past edu-      tant, the leadership center     An interactive touchscreen media wall at the center
cations leave off. "Business schools don't    will serve as a living labora- of DU's lobby displays information about activities
have access to our culture. They don't        tory, where the company         at the university, as weii as curated content from
know the specific leadership behaviors that                                   social media channels.
                                              can identify and measure
differentiate us. They don't have access      the training approaches                       want to gather robust data on a regular
to how we implement strategy or deal          that are most effective. Deloitte will sur-   basis to track the correlation between
with the intricacies of the tax code," says   vey selected groups of employees after        the learning in the classroom and the
Hodson. "Those aren't topics available in a   they've attended classes at DU to see         quality of our services. DU gives us the
broad-based MBA program."                     whether they changed behaviors as a           ability to measure whether our training
   It also would be difficult for a busi-     result of what they learned.                  drives business results."
ness school to replicate the sense of            The information these surveys pro-
community that Deloitte sought to create      vide will be more valuable than what the    A video tour of Deloitte University
at DU, he adds.                               company could acquire from twice-yearly     is available at www.youtube.com/
   "Deloitte has a workforce of 50,000        employee reviews, says Hodson. "We          watoh ?v=3hSUIamRLDI.



                                                                                                      BizEd July/August 2012     25
representing ten different countries
indicated that they desired to initi-
ate more collaborative partner-
ships. They're particularly inter-
ested in looking for partners in
the Asia-Pacific region, according
to 36.7 percent of respondents.
Smaller but significant numbers
of respondents would like to col-        business school's exec ed program        on employers' needs, and employers
laborate with schools in Europe          from another's are fading, in favor of   advance the skills of their workforce
(18.3 percent) and the Americas          more collaborative delivery models.      based on our scholarship."
(15 percent).                                "So much of executive education          Poon and other educators
   Shedden of UNICON notes               today is driven by business needs,"      emphasize that many companies
that these collaborations are often      he says. "The days when execu-           still view executive education as a
driven by the companies themselves.      tives go to Harvard to receive what      way to reward talent and cultivate
Rather than choosing a single busi-      only Harvard faculty can deliver,        loyalty. But after the recession, its
ness school to meet all of their exec    or to INSEAD for only INSEAD             purpose has expanded significantly.
ed needs, many employers are invit-      faculty, or to IMD for only IMD          Eor employers, it's also a tool that
ing different schools to work with       faculty, could soon be ovei;" he says.   will help them improve their opera-
them based on different criteria.        "Today, we partner with consultants,     tions and do more with less, says
    "Many of us mistakenly view          behavior coaches, and other business     McGuire of UM.
all business schools as a homoge-        schools so that we can deliver what's        "Companies can no longer
neous unit because we're all in the      right for the client."                   give big raises or extraordinary
same market," says Shedden. "But                                                  bonuses, even as they're add-
companies often combine executive        Virtuous Partnerships                    ing more to job descriptions and
education programs from differ-          That recognition—that no business        stretching their people across more
ent schools based on their research      school has all the answers—is lead-      responsibilities. Even so, they still
skills and reputations."                 ing business and business schools        want to retain their talent," she
    He points to a program for execu-    alike to forge deeper partnerships to    says. Investment in executive edu-
tives for software company Oracle        inject exec ed programs with both        cation is a way for companies to
that Cranfield offers jointly with       academic and industry perspectives.      show their best people how much
IESE in Barcelona, Spain. In that        Companies are becoming more              they are valued, she adds. But by
case, says Shedden, Oracle wanted        involved in the design of executive      tying executive education directly
to combine Cranfield's strength in       education courses, as advisors, men-     to their objectives, companies also
program customization with IESE's        tors, and even instructors. (See "Cor-   receive tangible dividends for that
strength in strategy. "Today's corpo-    porations on Campus" on p. 28.)          investment, in the form of employ-
rations are sophisticated purchasers.       That level of involvement may         ees equipped with the bolder inno-
They know the strengths of the vari-     produce programs that respond            vations and smarter solutions their
ous business schools. They might         to the needs of the market today         organizations need to thrive. @
turn to different schools because they   and better anticipate its needs five
want a different disciplinary focus,     or even ten years from now, says         UNICON's report on blended
or they might want to expose their       Poon of Eisher College. "When            learning is at uniconexed.org/2011/
executives to different cultural expe-   you partner with the business com-       research/Blended_Learning_Report-
riences," says Shedden. "Business        munity, your faculty can immerse         Eiter-Woll-Nov-2011.pdf. Duke
schools have to recognize that they      themselves in the issues companies       CE's report on learning and develop-
don't necessarily know everything."      are struggling with. This creates        ment can be found at www.dukece.
    Stanford of IMD agrees that the      a virtuous relationship where our        com/papers-reports/documents/
 "old boundaries" that separate one      faculty rethink the curriculum based     FocusFuture.pdf.

26     July/August 2012 BizEd
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Executive decisions

  • 1. EXECUTIVE DECISIONS Executive education is rapidly evolving to offer shorter, closer, and more focused programs that deliver real solutions to today's companies. BYTRICIABISOUX E xecutive education programs have long been the vehicle of choice for corporations that want to train their most promising talent. Dedi- cated, short-term courses are designed to help executives develop their individual skill sets and better understand the realities of their industries. But now that companies are operating in the shadow of a reces- sion, they want their investment in executive training to translate into tan- gible value for their organizations. Christine Poon, dean of The Ohio State University's Fisher College of Busi- ness in Columbus, has seen that transition firsthand. She came to the dean's office in 2009 at the height of the recession, after 30 years in the healthcare industry, including a post as worldwide chairwoman at Johnson &c Johnson. During her time at Johnson & Johnson, she says, the company used exec ed to help broaden and diversify the skills of high-potential executives. "But if I were back in corporate America today," she adds, "I would also want them to be trained to deal with topics relevant to my company. That would be an added value." Business educators are hearing that sentiment from an increasing number of corporate leaders. With budgets tight and expectations high, employers want today's executive education programs to be faster, more customized, more local, and more accessible to their employees around the world. And they want more than better trained employees—they want their people to come back to work with solutions that have immediate and measurable ROI for their companies. 18 July/August 2012 BizEd
  • 2. 3" 33 i: 11 li II 39 ai 3 n il m il II %M il il II 2 11 33 n 31 31 33 II 11 II il li g? 13 1^ 31 ii II M Í3 ii 31 a
  • 3. "More companies are saying, 'We'd like you to run this program for education in the workplace, Fast and Focused According to Mike Stan- us, but we want Eiter and Woll continue. "Providing a stellar class- ford, executive director of the Partnership Program you to run room experience is no lon- at IMD in Lausanne, Swit- it on our site ger sufficient," they write. zerland, corporate clients "Companies seek learning want executive education or at venues that is transferable to the programs to achieve two closer to us.'" workplace. Executives want important objectives: effi- to learn concepts and frame- ciency and impact. works that can be put into "Our clients want to - Bill Shedden of practice and contribute to focus on how our program Cranfield University real-world solutions." will help them get where Duke Corporate Educa- they need to go most effi- tion (Duke CE), the execu- ciently. They want experi- tive education arm of Duke ences that add value to the University in Durham, company, and not those that North Carolina, recently are simply fun or interest- released its report "Learning ing," says Stanford. and Development in 2011: The impact of executive A Focus on the Euture." education has been top of Duke CE asked 142 of its mind for employers for at corporate clients to share least 15 or 20 years, Stan- their biggest concerns about ford adds. But the big dif- executive training. Improved ference today is how they technological delivery, less define impact in their conversations concepts that are not applied to travel, reduced cost, and measur- with IMD faculty. real businesses," she says. "Cor- able value all made their lists. "Ten or 15 years ago, when com- porations want to see obvious out- The report quotes Cathryn panies talked about impact, they comes for their businesses." Klassen, vice president of leader- asked about return on investment. Although exec ed has been mov- ship and talent development for But it can be difficult to measure ing in this direction for years, the Sun Life Financial, who notes that return on investment for a learning financial crisis has accelerated its company leadership is under more activity," he says. "But now we ask evolution considerably, accord- pressure to demonstrate the value them, 'What's your objective?' If ing to researchers at the Interna- of executive development. "This your objective is to change behavior, tional University Consortium for might not mean that budgets are we have tools to measure that. If Executive Education (UNICON). In cut—in fact, we made additional your objective is to spark cultural UNICON's November 2011 report investments," she says. "It does change, we can measure that. Our "Breaking the Mold on Blended mean there is a spotlight focused conversations about impact are now Learning," Marie Eiter and Toby on real business value. ... Devel- more specific. They're much smarter Woll write that "the recent financial opment must be tied to the actual conversations to have." crisis has forced companies not only organizational capabilities your Evgenia Ovasapyan, director of to scrutinize the costs of executive company needs to build." executive education programs at development, but also the time that Russia's Moscow School of Man- executives and upper management Closer to Home agement Skolkovo, agrees. "We're are away from the office." As part of their emphasis on seeing a decline of interest in open Chief learning officers are impact and value, corporations programs that focus on individual placing greater emphasis on the also want programs that are skill development and theoretical immediate application of executive "shorter, cheaper, and with as 20 July/August 2012 BizEd
  • 4. much payoff as possible," says Bill ative work online—or even access parts of those programs for that Shedden, director of the Centre content designed for the company's company," he says. "We're no lon- for Customized Development at own technologies and systems. ger making the distinction that an Cranfield University in the United The iPad has become an espe- open enrollment program is off the Kingdom, and UNICON's execu- cially useful learning tool, says shelf, and therefore 'bad,' or a cus- tive director. "That means they Stanford. IMD began piloting the tom program is just for that com- want courses linked to whatever use of the iPad in its longtime pany, and therefore 'good.' We're they're working on right now. They five-day exec ed offering, "Orches- finding that everything we have can want business schools to integrate trating Winning Performance," in be put together in ways that are their biggest problems into the pro- June 2010. Since then, the school meaningful to the organization." grams, through mentoring, coach- has developed several iPad apps He points to changes that have ing, and any other career develop- to encourage executive students occurred in the "Orchestrating ment initiatives they're pursuing." to converse and learn even when Winning Performance" program, But as their budgets shrink and they're not face-to-face. which is designed to allow individu- their expectations rise, companies "The iPad takes away the feel- als and teams to work on an issue have made the items on their execu- ing that they're learning only when they're currently facing on the job. tive education wish lists even more they're in the classroom," he says. Most recently, the school has seen defined and highly targeted, Shed- "Even when our students are on the an increase in the number of large den adds. For instance, to keep street or at the coffee shop, they're groups of executives being sent costs down and minimize their always in a learning mode, shar- through the program. Companies employees' time away from the ing what they're seeing via blogs or now see a program like this as an office, more companies are asking social media. Their everyday experi- opportunity to build individual for shorter programs offered much ence becomes their classroom." skills sets and effect large-scale closer to home—sometimes on com- behavioral change in their organiza- pany premises. "More companies Not Quite Customized tions, says Stanford. "That gives a are saying, 'We'd like you to run With customization quickly becom- whole new energy to what an open this program for us, but we want ing the norm in executive educa- enrollment program can achieve." you to run it on our site or at ven- tion, more business schools are For some schools, packaging ues closer to us,'" says Shedden. facing a dilemma: Should they try their offerings effectively means They're also asking for more to serve all companies? Or target targeting clients whose objectives content to be delivered online. those in a specific area or industry? best align with the strengths of their Business schools are offering more Schools may no longer have to faculty. For example, the University content via course management make that choice, says Stanford of Miami School of Business directs systems, video conferencing, online of IMD. He notes that what was most of its exec ed offerings to the formats such as Webinars and sim- once thought of as customization needs of multinational Latin Ameri- ulations, mobile devices, and tablet has transformed into what really is can companies headquartered in its computers, says Shedden. "It's defined as good customer service. home state of Florida. That decision not necessarily 'e-learning,'" says That is, business schools can assess emerged after close discussions with Shedden. "At Cranfield, we call it a corporate client's needs and pack- the school's exec ed clients, says 'networked learning.'" That could age or adjust their existing offer- Amelia McGuire, the school's associ- mean that course introductions and ings accordingly. ate dean of external affairs and head static content that repeats from "When a client comes to us with of its executive education program. one run of the course to the next a development issue, our solution "We had to look at content— are offered in online formats that might include individual coaching what professors did we have, employees can access from their and mentoring. It might include cus- what could we realistically deploy, desks. Employers also appreciate tomized modules. It might include and how could we build it?" says when their employees can attend strategic use of our open enrollment McGuire. "Then we looked at Webinars and do some of their cre- programs, in which we customize the existing market here in south BizEd July/August 2012 21
  • 5. Florida. We realized that the sweet At the beginning of each course, school has partnered with GE Capi- spot for us was the Fortune 1000 the company's CEO or country tal to create exec ed programs that companies here that were based or manager comes in to speak to the specifically serve the needs of middle doing business in Latin America." group and outline expectations. market companies—^those compa- UM customizes almost all of its Over the next five days, students nies with annual revenues between executive education courses to each discuss topics and work on projects US$10 million and $1 billion. Much corporate client. Once a company to meet those expectations. On the of this training is offered through approaches UM to design a training last day, the school holds a recep- the school's National Center for the program, faculty visit with company tion where students mingle with Middle Market. (See "Eye on the representatives to leam their objec- corporate leadership and present Middle Market" on p. 27.) tives, then they design a tailored five- what they've learned. "We'll be offering executive edu- day course. The courses are taught Fisher College takes a slightly dif- cation that emphasizes the themes jointly by faculty and company ferent approach to executive educa- that are highly relevant to this seg- executives and are based solely on tion—it has focused not on a region, ment: innovation, customer focus, projects pulled from the workplace. but on a segment of the market. The and human capital," says Poon of A Look Inside Deloitte University Most companies meet their indi- talk about the power of listening. The Deloitte vidual training needs by turning to Learning to step back and listen University campus. business schools for both open to a group can be very powerful in enroliment and customized exec ed effecting transformational change." programs. But when a company's The curriculum was designed strategy becomes so complex-its with the input of Deloitte's senior problems so unique to its corporate leadership, academics, and clients. environment-it may decide to take Courses range from "Welcome to control of its own executive training. Deloitte," which offers new hires That may mean building its own an overview of the company, to corporate university, with a curricu- the "New Manager Program," a lum infused with its most integrated weeklong program for the recently and ongoing strategic needs. promoted. "The Art of Empathy" Deloitte Consulting, headquartered in DU features 800 guest rooms and 35 teaches students to set aside their per- New York City, recently became one of classrooms, as well as a fitness center, sonal agendas to see issues from their the newest entrants in the community of running trails, amphitheater, and ballroom. clients' points of view, while "The Art of companies with their own corporate uni- Deloitte expects the university to deliver up Inquiry" helps them think about how to versities. Last October, the company offi- to 3 million hours of instruction to 35,000 ask the right questions. "Mastering the cially opened Deloitte University (DU), its employees each year. C-Suite" helps upper-level leaders further US$300 million, 700,000-square-foot lead- The company's leaders made the large develop the listening and communication ership development center. DU is built on investment because they felt the company skills they need to sustain client relation- a 107-acre plot of land in the small town of needed to develop courses that reflected ships. "Anatomy of a Train Wreck" walks Westlake, Texas, just outside of Dallas. The its specialized focus on client services, students through real examples from the company is currently pursuing LEED Gold explains Diana O'Brien, a managing prin- company where client sen/ice went terribly certification for the facility, which uses sus- cipal of Deloitte University. "We rely heav- wrong and explores how things might have tainable design principles and incorporates ily on telling stories—our own stories-of been done differently. renewable and recycled materials. success and failure," she says. "We also Tom Hodson has been involved in 24 July/August 2012 BizEd
  • 6. Fisher. Courses will be taught by says Poon. On the one hand, all the industry. And by having students faculty from Fisher and subject mat- students experience a set curriculum, apply their training to real projects, ter experts from GE. After students which makes the program easily we can keep the program relevant to are armed with classroom theory, scalable. But by targeting a specific their companies." they identify issues in their com- market and importing real-world panies in one of these areas. Then, projects, the curriculum offers the Exec Ed á la Carte they return to their companies to training these students find most Collaboration is a big and grow- work on those issues, with the help relevant. "We're still experiment- ing part of the executive education of faculty mentors. In four months, ing. We're trying to find the balance experience. In a recent survey by they come back to Fisher to present between creating a program that's AACSB International, 230 insti- their project outcomes and receive neither completely customized, nor tutions representing 50 different additional coaching. completely 'off-the-shelf,'" says countries were named as part- By focusing on the middle mar- Poon. "By working with GE Capital, ners in collaborative agreements ket. Fisher College can offer pro- we can keep the topics we're intro- involving non-degree/executive grams that are "semi-customized," ducing in the classroom relevant to education. In addition, 34 schools executive training at the company since he people. You'd be surprised was made a principal in 2005. This year, how diverse our community he has been teaching in the New Manager is, even though we all work program. "It's really a milestone for our under the same umbrella. people," Hodson says. "During the week, Deloitte University helps they attend plenary sessions on leadership, our people foster relation- one of which I deliver, and they go through ships with others they business simulations that involve how they normally wouldn't run into can better manage things iike client meet- and learn about services ings and staff problems." we provide that they may Hodson and O'Brien are quick to not otherwise know about," emphasize the value of academic business says Hodson. training, but note that DU is designed to Perhaps most impor- pick up where their employees' past edu- tant, the leadership center An interactive touchscreen media wall at the center cations leave off. "Business schools don't will serve as a living labora- of DU's lobby displays information about activities have access to our culture. They don't tory, where the company at the university, as weii as curated content from know the specific leadership behaviors that social media channels. can identify and measure differentiate us. They don't have access the training approaches want to gather robust data on a regular to how we implement strategy or deal that are most effective. Deloitte will sur- basis to track the correlation between with the intricacies of the tax code," says vey selected groups of employees after the learning in the classroom and the Hodson. "Those aren't topics available in a they've attended classes at DU to see quality of our services. DU gives us the broad-based MBA program." whether they changed behaviors as a ability to measure whether our training It also would be difficult for a busi- result of what they learned. drives business results." ness school to replicate the sense of The information these surveys pro- community that Deloitte sought to create vide will be more valuable than what the A video tour of Deloitte University at DU, he adds. company could acquire from twice-yearly is available at www.youtube.com/ "Deloitte has a workforce of 50,000 employee reviews, says Hodson. "We watoh ?v=3hSUIamRLDI. BizEd July/August 2012 25
  • 7. representing ten different countries indicated that they desired to initi- ate more collaborative partner- ships. They're particularly inter- ested in looking for partners in the Asia-Pacific region, according to 36.7 percent of respondents. Smaller but significant numbers of respondents would like to col- business school's exec ed program on employers' needs, and employers laborate with schools in Europe from another's are fading, in favor of advance the skills of their workforce (18.3 percent) and the Americas more collaborative delivery models. based on our scholarship." (15 percent). "So much of executive education Poon and other educators Shedden of UNICON notes today is driven by business needs," emphasize that many companies that these collaborations are often he says. "The days when execu- still view executive education as a driven by the companies themselves. tives go to Harvard to receive what way to reward talent and cultivate Rather than choosing a single busi- only Harvard faculty can deliver, loyalty. But after the recession, its ness school to meet all of their exec or to INSEAD for only INSEAD purpose has expanded significantly. ed needs, many employers are invit- faculty, or to IMD for only IMD Eor employers, it's also a tool that ing different schools to work with faculty, could soon be ovei;" he says. will help them improve their opera- them based on different criteria. "Today, we partner with consultants, tions and do more with less, says "Many of us mistakenly view behavior coaches, and other business McGuire of UM. all business schools as a homoge- schools so that we can deliver what's "Companies can no longer neous unit because we're all in the right for the client." give big raises or extraordinary same market," says Shedden. "But bonuses, even as they're add- companies often combine executive Virtuous Partnerships ing more to job descriptions and education programs from differ- That recognition—that no business stretching their people across more ent schools based on their research school has all the answers—is lead- responsibilities. Even so, they still skills and reputations." ing business and business schools want to retain their talent," she He points to a program for execu- alike to forge deeper partnerships to says. Investment in executive edu- tives for software company Oracle inject exec ed programs with both cation is a way for companies to that Cranfield offers jointly with academic and industry perspectives. show their best people how much IESE in Barcelona, Spain. In that Companies are becoming more they are valued, she adds. But by case, says Shedden, Oracle wanted involved in the design of executive tying executive education directly to combine Cranfield's strength in education courses, as advisors, men- to their objectives, companies also program customization with IESE's tors, and even instructors. (See "Cor- receive tangible dividends for that strength in strategy. "Today's corpo- porations on Campus" on p. 28.) investment, in the form of employ- rations are sophisticated purchasers. That level of involvement may ees equipped with the bolder inno- They know the strengths of the vari- produce programs that respond vations and smarter solutions their ous business schools. They might to the needs of the market today organizations need to thrive. @ turn to different schools because they and better anticipate its needs five want a different disciplinary focus, or even ten years from now, says UNICON's report on blended or they might want to expose their Poon of Eisher College. "When learning is at uniconexed.org/2011/ executives to different cultural expe- you partner with the business com- research/Blended_Learning_Report- riences," says Shedden. "Business munity, your faculty can immerse Eiter-Woll-Nov-2011.pdf. Duke schools have to recognize that they themselves in the issues companies CE's report on learning and develop- don't necessarily know everything." are struggling with. This creates ment can be found at www.dukece. Stanford of IMD agrees that the a virtuous relationship where our com/papers-reports/documents/ "old boundaries" that separate one faculty rethink the curriculum based FocusFuture.pdf. 26 July/August 2012 BizEd
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