Improve Your Leadership: Reasons To Consider Executive Education Schools
Executive education offers senior for executives, business leaders and Most often these programs are non-credit and non-degree-granting, but sometimes there is a certificate from the learning institution. Executive education is big business in Canada and the United States with almost a billion dollars a year devoted to such programs in America alone. Many universities in the United States and Canada have amazing business schools such as Schulich Executive Education
School- where they offer business or executive training programs and there are also specific accredited business schools on this continent and around the world. One of the latest trends is to develop customized programs, that are offered to the employees of just one major company or corporation. The value of executive education has been proven over and over in small companies and large organizations. They help increase management capacity by combining the science of business and performance management into specialized programs. This allows executives to develop new knowledge, skills and attitudes. This in turn leads to increased productivity and profitability and justifies the investment because of its return to the organization.
Here are some other reasons why you should consider executive education for your business or organization,
The knowledge learned in executive education programs easily translates into improved ability to develop new products and enhance existing workplace practices. This in turn leads to a higher market-to-book value and greater chance of improved performance than organizations who do make this investment in their leadership group. Research has confirmed this fact over the years and that is why these types of programs have grown in popularity.
Development of new ideas
Executive education programs help open senior executives to new ideas and be on the leading edge of business thought and management theory development. Executives challenge each other with these programs as much as their professors and teachers. That gives them the capacity to both bring new ideas back to their workplace and debate them effectively with other staff.
Helping managers set goals
These types of executive training help managers set goals and objectives for themselves and their teams. They come back to work with an increased capacity to lead those discussions with their teams and staff groups. They are also able to motivate themselves and others to not just talk about what they’d like to achieve, but to plan and execute that success in their organization.
Learning to be a leader
Executive education programs help new managers grow to become a leader in their organization. It gives them the tools and the confidence, along with the soft skills like communication, to be active and positive leaders in their company. They learn how to set personal goals and how to achieve them as well as achieving a higher level of self-awareness. This allows them to accentuate their positive traits and be willing to work on those that are not as effective. Understanding the importance of feedbackAny executive education program will give the participants many opportunities to give and receive feedback. Learning an appreciation of listening and being able to give positive and less than positive feedback are invaluable tools when they get back to their regular workplace. This can help them to move beyond self-management and self-leadership to managing and directing others.
One of the main benefits of executive education is the ability to build and maintain a network of business contacts. This becomes an avenue for problem solving and future collaboration. For many participants in these programs this is the most important aspect of the training. It is an opportunity to work with people at their same level and to build contacts and connections that sometimes last their entire life.