Marketplace

Regardless of your score, there are several options available to you. The 3 key players in the external market are: university-based executive education providers, consultancies, and online providers.

University-Based Executive Education (UBEE)

Most University-Based Exec Ed providers are housed in the business school of a college or university. Their programs use professors and facilitators known for research in particular disciplines. Universities have physical space designed specifically for programming, including rooms with task chairs and a variety of table layouts, breakout rooms, audiovisual setups, and adjacent space for catering. Pricing for UBEE is typically commensurate with the school’s ranking, and because of institutional focus on research (their mission), universities are most in-tune with market conditions that support their content. Most top-ranked business schools have open enrollment short programs available to individuals and offer bespoke programs for organizations looking for a more tailored leadership development program. Consultancies

For large consultancies, leadership development is an extension of the organization’s consultancy practice – consultants are typically hired to help with an organizational crisis and make a recommendation. Their knowledge is deep; however, tapping into this knowledge typically comes with a higher price tag. Consultancies can be hired for custom programs; they do not offer open-enrollment programs. Smaller boutique consultancies may be more reasonable price-wise, but often, they will be leveraging research and simulations designed by universities.

42%

The number of employees willing to leave their current jobs because of a lack of learning opportunities Online providers

Online providers are best suited for providing education on the hardskill area (i.e., finance, accounting, marketing, operations,) as opposed to soft skills (i.e., leadership, leading change). Often, these providers are used for larger audiences, where distribution of knowledge is best achieved through online means. This is an area of growth in the industry, and there are companies trying to be more adaptive in their delivery methods for stickier learning.