Hardcover ISBN: 9781503628724
Executive development programs have entered a period of rapid transformation, driven by digital disruption and a widening gap between the skills that participants and their organizations demand and those provided by their executive programs. This work delves into the objective functions of the executive development space, analyzes the demand characteristics of the learners and the organizations that pay for the programs, and the ways in which business schools and other providers deliver (or not) on the promises they make regarding skill development and the continued value of learning to the organization. They show how a trio of disruptive forces (disintermediation, disaggregation and decoupling),whichhave figured prominently in industries disrupted by digitalization,are reshaping the structure of demand for executive development. The authors look at the future of executive development in the era of self-refining algorithms (aka machine learning) and wearable sensors and computers, and offer a compass for making the right choice for CEO's and CLO's to guide executive program design. Ultimately, they offer a guide for to optimize the learning production function for both skill acquisition and skill transfer – the two charges that the new skills economy has laid out for any educational enterprise.
About the authors
Mihnea C. Moldoveanu is Director of Seaultels Centre for Integrative Thinking and the Marcel Desautels Professor of Integrative Thinking at the Rotman School of Management at University of Toronto. He is the author of four books, his most recent being The Design of Insight: How to Solve Any Business Problem (SUP, 2015).
Das Narayandas is Edsel Bryant Ford Professor of Business Administration at Harvard Business School, Senior Associate Dean for HBS Publishing, and Senior Associate Dean for External Relations. He has co-authored two books and his numerous articles for Harvard Business Review, Journal of Marketing, Journal of Service Research, and Sloan Management Review.