| For an organisation to succeed itโs absolutely vital that executive education programmes are available to the decision makers. This is the view of Carolyn Stringer, senior lecturer for accounting and business law at The University of Otago. โLeadership continues to evolve and, as a leader and decision maker, you need to have the skills to bring your people and the organisation on the growth journey with you. Stringer says without appropriate learning and development, executives can quickly lose their ability to develop and implement strategy. โThe higher up you get in an organisation the more your knowledge and skills will be evaluated on a regular basis. Employees scrutinise how effective you are โ itโs really like being in a goldfish bowl.โ Weโre doing business differently and career-long learning is no longer a dispensable choice says Peter Withers: โWho knew about the Internet and email ten years ago? Who knows about lean manufacturing and just-in-time supply chain inventory? They may be relatively new to New Zealand companies but theyโre important to us because weโre so far away from the rest of the world.โ Withers is director of academic programmes, Graduate School of Enterprise at The University of Auckland Business School. โThe dynamic environment in which business operates today, plus a complex economy, means unless you keep up and stay on top youโll lose that competitive edge. Few of us would go to a doctor who had no professional training since graduation.โ He suggests two factors are influencing the greater implementation of executive education programmes. One of these is cost. โToo many companies see executive education as something of a luxury and when money is tight itโs one of the first things to go. The more deep-thinking realise itโs at this point they should be investing in their future competitiveness.โ But itโs attitude thatโs the number one barrier, says Withers. โThe baby-boomer generation is very much a โNumber 8 wireโ generation; can-do sort of people. Theyโve got on with it, built successful companies without any form of executive education, and tend, with some justification, to be somewhat cynical about the value of education.โ However this is starting to change and the economic downturn has seen an increase in companies beginning to focus on executive education, he says. โBut business education in New Zealand is eight to ten years behind North America and Europe โ so weโve got a bit of catching up to do.โ And so it appears have a lot of those baby-boomers. Jane Needham, dean of the School of Business at Open Polytechnic, says many of their graduate students are baby-boomers in middle to senior management roles who entered the workforce at a time when qualifications were not as important. โThey progressed in their careers to senior positions through merit and experience gained, but are now wanting to back up their experience with academic credentials.โ Open Polytechnic specialises in flexible learning and is one of the countryโs largest educators of those already in the workplace; on average they enrol around 30,000 students a year, over 70 percent of whom are in work. Two-thirds are aged over 30; 98 percent study part time. Needham reports student numbers at the Business School have increased dramatically this year with more than 10,000 enrolled at certificate, diploma and degree level, plus those taking graduate diploma courses. โWe offer generic business subjects and demand has increased pretty much across the board,โ says Needham. However trends suggest HR is a growth area partly because of the increasingly dynamic and complex issues surrounding employment law. โHuman resource management is an area that is increasingly receiving strategic attention from senior management, especially as the nature of work becomes more knowledge-based and knowledge is seen as a source of competitive advantage.โ |
ย Needham also notes that with management skills generally having been identified as a major need in New Zealand โ particularly at middle, supervisory and first-line levels โ any business is going to benefit from more skilled staff generally and more skilled managers that know how to get the best out of their people. ย ย ย |
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