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charitable foundations and corporate sponsors; including Google Grants。 
MIT’s Sloan School of Management (h。。p://ocw。mit。edu/OcwWeb/Sloan… 
School…of…Management/index。htm) has full course materials; including 
lectures; notes and exams on over 100 business subjects in the following 
areas: 
。 accounting; 
。 munication; 
。 corporate strategy and policy; 
。 finance; 
。 health care management; 
。 history; environment and ethics; 
。 industrial relations and human resource management; 
。 information technologies; 
。 international management; 
。 law; 
。 leadership; 
。 managerial economics; 
。 marketing;
284 Appendix 
。 operations management; 
。 operations research/statistics; 
。 organizational studies; 
。 system dynamics; 
。 technology; innovation and entrepreneurship。 
Each MIT course published requires an investment of 10;000 to 15;000 
to pile course materials from faculty; ensure proper licensing for open 
sharing; and format materials for global distribution。 Courses with video 
content cost about twice as much。 MIT OpenCourseWare is a publication 
of the course materials that supports an MIT education fully; but it is 
not a degree…granting or credit…bearing initiative。 However; using MIT 
OpenCourseWare to support your own learning alongside the material in 
this book would provide the opportunity to learn everything that an MBA 
student from one of the top 10 business schools could learn。 
Yale University (United States) 
Yale University School of Management (h。。p://opa。yale。edu/netcasts。aspx) 
provides Netcasts in MP3 format in 15 different series for download and 
listening via iTunes and mon RSS Feed aggregators。 The State of Private 
Equity; Social Entrepreneurship in Singapore; and Corporate Leadership is 
Going Green are examples of the content provided by faculty from the Yale 
School of Management; distinguished visiting scholars and leaders from 
the world of business and management。 
Wharton University of Pennsylvania 
(United States) 
Knowledge Wharton (h。。p://knowledge。wharton。upenn。edu) is the business 
school’s way of delivering on a mitment to sharing its intellectual 
capital。 It provides free access online to over 1;500 articles and hundreds of 
podcast interviews with industry leaders and faculty as well as an analysis 
of current business trends。 Selling in China; Creating the Optimal Supply 
Chain; and The Importance of Procurement in a Global Environment are 
examples of the topics covered。 
THE WORLD’S BEST MANAGEMENT 
DEVELOPMENT PROGRAMMES 
You might think that the top business schools are the top places for management 
development; that is; shorter training programmes ranging from a 
Appendix 285 
few days to a few months in duration; but that would be a mistake。 According 
to the Financial Times’ three…year average ranking; while Wharton and 
Columbia are in the top three business schools for their MBAs; they rank 12th 
and 11th respectively for their management development work。 Oxford’s 
Said Business School es 19th in the MBA ranking but doesn’t feature at 
all in the management development ranking。 Ashridge is the opposite – it 
doesn’t get a position in the top league of MBAs but scores well otherwise; 
as does IAE Management and Business School; Argentina。 Some business 
schools – Cranfield; University of Michigan (Ross); for example; rank in 
much the same position in both top leagues。 The sources of information on 
these respective rankings are given later in this appendix。 
While you could go anywhere to get trained up; there are three advantages 
in going to a business school in the top rank for its management 
development work。 In the first place; you will be a。。ending one of the very 
few courses that are independently validated。 Sure; all the other providers 
have their success stories and their feedback sheets; but they don’t count 
for nearly as much as being externally assessed。 Second; the school’s star 
professors WILL teach you; that is always part of the deal。 The economics 
of running a business school usually mean that; despite the high MBA fees; 
the revenue from management development effectively subsidizes those 
programmes。 The third reason is that by a。。ending a business school; for 
however short a time; you effectively bee a member of the alumni; 
plugged into a powerful global network; with all the advantages that can 
confer。 But in doing so you may have had to shell out only a few hundred 
or at most a few thousand pounds; rather than the full price of an MBA。 
There is really no limit to the range of subjects you can study。 Harvard’s 
six…day Social Enterprise Programme (for non…profit organizations) costs 
4;500 and its 4…day Strategic Financial Analysis for Business Evaluation 
costs 6;000。 Manchester Business School offers The Programme for High 
Value Managers for experienced managers who are looking for an alternative 
to an MBA。 This costs £5;500 for two five…day modules; including 
materials and refreshments。 But as you can see from the examples below; 
taken from a cross…section of the best of the top business schools for 
management development; there is much variety on offer from as li。。le as 
£350 up to 29;000。 
Cranfield School of Management (UK) 
Consistently ranked in the top two in the UK and in the top ten across 
Europe; Cranfield’s dedicated Management Development Centre is ranked 
sixth in the world for its range of facilities。 It claims to educate more 
executives and managers than any other facility in the UK。 Its Executive 
Development Programmes (som。cranfield。ac。uk/som/executive。asp) 
offers over 50 programmes open to all…ers in the following areas:
286 Appendix 
。 financial strategy; 
。 general management development; 
。 growing businesses; 
。 human resource management; 
。 information systems; 
。 innovation and change management; 
。 leadership; 
。 logistics and supply chain management; 
。 marketing; sales and client relationships; 
。 operations and programme management; 
。 performance measurement and management; 
。 personal impact and development; 
。 strategy。 
Top of the range is the Cranfield General Management Programme (GMP); 
which aims to provide managerial breadth and depth for senior executives。 
It prises 12 days; residential; + 24hr Review Module (a。。er 3 months) + 
24hr Review Module (a。。er 12 months) and costs £11;500 + VAT。 Planning 
and Budgeting is very much at the opposite end of the time scale; being a 
half…day course costing £350。 The school also runs specialist courses such 
as the Business Growth Programme for entrepreneurs looking to achieve 
significant expansion。 Delegates e from over 115 countries and its triple 
accreditation (AMBA; EQUIS and AACSB – see later in this chapter for an 
explanation) is held by only 20 schools throughout the world。 
Kellogg School of Management; North Western 
University (United States) 
Kellogg’s Executive Development (kellogg。northwestern。edu/execed/ 
index。htm) programmes are among the best in the world。 Top of its portfolio 
of over 100 short open courses is its ‘Best of an MBA’。 Taking this 20…day 
programme spread out over 9 months; participants can expect to gain a 
thorough understanding of the functional areas of business management; 
learn solid managerial skills; such as how to structure an organization; how 
to measure and monitor performance; and gain an understanding of the 
difference between leaders and managers; and how you can strive to be 
both。 The programme costs 29;000 and as well as the 20 classroom days 
participants are expected during the intervening two weeks to prepare 
cases and readings; which require approximately four to six hours of study。 
At the other end of the scale; the ‘Summit for Sales Executives’ lasts one day 
and costs 2;200。 This gives senior sales executives ‘an annual opportunity 
to address critical business issues related to sales strategy and operations 
with leading authorities from industry and academia’。
Appendix 287 
Universit。t St Gallen (Switzerland) 
The university (unisg。ch 》 English 》 Executive Education) has as 
its Vision 2010 statement: ‘We are one of Europe’

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