Nothing says "I love you" like a R230,000 personal development programme. Employers wanting to enhance management and leadership skills in their organisations don’t need bottomless pockets, but neither should they expect dramatic results on a shoestring. Strategically planned executive education is an investment in the future. Cobbled together without thought, it’s a valueless drain on corporate resources. Business schools taking part in market research for this cover story are listed at the end.* All say employers can’t expect results if they go in blind — they need open discussion with their education providers so everyone knows in advance what outcomes are expected. Those providers don’t have to be schools. The 100 public and private sector entities interviewed for this story say business schools are only part of the solution. Of their combined spend, 45.2% of executive education is conducted in-house, 37.6% at schools and 16.2% through business consultancies. "We’re seeing a shi...

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