All That A Participant Stands To Gain From An Executive Education Program

Executive education is more often than not a daunting idea for most managers and executives. This is especially so in times of strict budget cuts and furloughs due to recession, as in such situations investing time and money on education does not seem to be a very promising prospect. Executives tend to concentrate their time and efforts on rather keeping their current job or business afloat. In this manner, they make the mistake of undermining the sustainable value, specific skill development, and career leverage that executive education offers. These benefits of executive education can not only help you climb the corporate ladder, but also ensure employee loyalty in difficult times.

An executive education promises the adaptive learning of specific skills that can prove to be important for one’s career. This is especially helpful for managers who are on their way up the corporate ladder. The short-term intensive learning provided by an executive course help managers to efficiently upgrade their proficiency in a particular field and fill the gaps in their skill set. When businesses expand, a person’s job roles also expand. He is no longer bound by his usual tasks that require him to mindlessly go about doing what he has been doing for ages, and by now developed a formula for completing it quickly. He needs to look beyond the mundane, and for this he requires a new dose of skills. New skills can be easily developed through a short-term executive course. This would enable them to get fresh insights and perspectives on things and open up their minds to new ways of doing things.

An executive course environment helps an individual to open up to new challenges and new ways of doing things. It helps the participant interact with his peers, learn new things, get an insight into new problem solving techniques and technologies, and bag business associates or clients through effective communication. A study circle gives a person an opportunity to stop and analyze things that a busy schedule does not leave time for. This chance, if made good use of, can go a long way in helping a person grow and expand his skills and network. An executive course class has a mixed group comprising executives from different walks of life, who come and share their immense store of knowledge, experience and expertise with the study group and help add fresh perspectives to everyone’s thought process.

All in all, an executive course is an enriching experience that gives a new edge to a person’s career and helps the person experiment with different possibilities and directions in which he can steer his career.

Concept of Higher Education of Executives in India

In India the concept of executive higher education is yet to catch. University education is making comeback, but this time with a difference. The students are top managers and executives. They will again revisit those left campuses again. Companies want their top manager to be update with current market trends and should not be left behind.

The objective of these executive learning programs is to provide government and corporate executives with realistic, practical and leadership education. That is relevant to their personal and professional goals. Corporate worldwide believe that they can sharpen the mental horizon of their executives by sponsoring these programs.

Executive education programs help companies create a smarter workforce with high rate of technology absorption. These programs provide managers with lot of scope for growth. India market which is poised to be one of worlds biggest should not miss this opportunity. However the concept of university education and company sponsored programs yet to catch up in India.

While every corporation has its executive development program course, workshops and seminars, few also encourage their executive to take a break and go to B-school. Says Mathew, HR manager, The oberoi,” Most of companies are not in position to send their executive and middle level managers to B-schools. There is a fear that they will return back to same organization or not.

Therefore in India companies look for shorter and more intense programs as compared to lengthy MBA or diploma. Companies also have the option of addressing only specific issues related to the business. Therefore the shorter and specific courses form some institutes is becoming more popular. However the instances of companies sponsoring the employ for long term course are very rare.

The choice of education platform depends upon the development needs and gaps in system. Companies require identifying these differences and selecting the right medium. However university education provides the employ with broader spectrum, which will be helpful in dealing with different situations. However it is cautioned that functional realities are some times different from but studied in campus. So the faculty should be more alive to these situations.

Experts believe a need for collaboration of corporate and education institutes to develop these courses. It is done then soon we will see top CEO mingling with nervous students at institutes. The process of learning is a never -ending one.

What You Stand To Gain From An Executive Education

Life today is becoming extremely fast paced, and the current generation believes in getting a quick solution to their problems. As far as careers are concerned, professionals who continually upgrade their knowledge to match the latest standards benefit immensely and witness a steep career rise. Several widely conducted surveys suggest that an executive education goes a long way in making professionals do better in their chosen profession and rise to the position that they want to within a set time. This rests true only when time money and effort is invested in the right program. It is advisable to not take up an executive course just because the person next to you is taking one and growing professionally. The benefits of an executive course are very specific. So a clear research is warranted on the type of course, the future of the course, the benefits that the course can add to a person’s career, and the time, money and effort that would need to be inputted in the course is important in order that a person is not caught off guard when he takes up an executive course.

Some of the many benefits that come with executive education include:

A Good Investment of Time, Money and Efforts
An executive education program is an extremely rewarding program in terms of the boost that it gives to a person’s career. An executive program gives a new direction to a person’s career and at the same time enhances his knowledge, skills, and confidence. When a person invests time and effort in such a program, it helps propel his career.

Building a Good Network
An executive course in a particular stream is generally taken up by people with similar job roles, backgrounds and interests. This encourages the development of a good peer group network. A good network intensifies the chances of staying on top of things in one’s domain. The group contributes effectively to the knowledge of the participants of a program through effective sharing of experiences and knowledge.

Building Confidence
An executive program instills confidence in a person. Professionals taking up an executive course get the best of both worlds. On one hand, they retain their jobs and on the other, they get to grow in their area of interest. Employers recognize their dedication for their work and in return reward them for being proactive.

Unmatched Skill Development
An executive course encourages skills enhancement by giving a person fresh insights, knowledge, and practical experience. Such a program instills the requisite awareness that can help a person take his career forward.

Thus, it can be safely concluded that an executive course gives a professional the right momentum that he needs to be able to fluently churn out brain stimulating ideas and contribute to the growth and development of an organization. These reasons are contributing to the growing popularity of executive programs in the country.