Elements of This Session. Execu2ve Educa2on: Some Observa2ons. Execu2ve Educa2on in India. Trends

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1 Viewing the Future of Execu2ve Educa2on Ashish Nanda Unicon Conference, Elements of This Session Execu2ve Educa2on: Some Observa2ons Execu2ve Educa2on in India Trends Ashish Nanda 1

2 Execu2ve Educa2on: Some Observa2ons Execu2ve Educa2on as Part of Execu2ve Development Elements of Execu2ve Development Experiences Coaching & Mentoring Execu2ve Educa2on Ideally, these are complementary and phased Ashish Nanda 2

3 Nature of Execu2ve Educa2on Experience good Intangible product that contributes to human capital Reputa2on is key Markets oren have dis2nct segments: premium, commodity, focused Execu2ve Educa2on in India Ashish Nanda 3

4 Why is Execu2ve Educa2on Offered? Build capabili2es Informa2on Tools Skills Perspec2ve Team learning Build a shared view Develop an ac2on agenda Offer opportunity to grow Reward performance Offer a perk Indian Execu2ve Educa2on Market Open Enrollment Long dura2on (General Management) programs Short dura2on (Focused) programs Custom Programs Rather than closed categories, these offerings lie on a a con2nuum, where alumni status providing Open Enrollment Programs blend into diploma gran2ng Long Dura2on Programs for Execu2ves at one end and Custom Programs blend into coaching and team projects The mix of offerings has seen increasing share of Custom Programs in recent years Ashish Nanda 4

5 Open Enrollment Programs Market Poten2al par2cipants look to Indian and interna2onal programs Within India, rela2vely few branded providers Top Indian management schools Top interna2onal business schools Private training organiza2ons/ associa2ons Par2cipants: Business execu2ves (increasingly from smaller companies, since larger companies are going more for CPs) Entrepreneurs (including 2 nd genera2on from promoter families) Interna2onal companies: MNCs and also companies looking to enter/ expand in Indian market Rela2vely few interna2onal par2cipants in Indian programs: Middle East, Africa, SAARC Price sensi2ve market Custom Programs Market Companies with sophis2cated HR departments ORen, MNCs, with global program design Increasingly, large Indian companies Programs oren part of overall suite of offerings Require up- front development effort Large, Public sector organiza2ons ORen constrained by L1 (going for lowest bidder) considera2ons Ashish Nanda 5

6 Trends The Changing Model in India From Learn then Earn To Learn Some, Earn Some, Learn Some, Earn Some Ashish Nanda 6

7 Evolving Modes of Delivering Execu2ve Educa2on Historically: A retreat from work to learn, reflect, and discuss, oren in a community of similarly placed individuals An emergent version: Bite- sized learning, when you want, where you want, however long you want, technology enabled, oren solitary Different approaches suitable for different forms of learning There may be very dis2nct offerings: intensive, high quality, high price programs; large volume, efficient delivery, skills oriented programs; and technology enabled, focused programs Learning models that blend technology- enabled and community learning might be impaciul Partnerships? As Indian economy grows and becomes more open, Execu2ve Educa2on will be seen increasingly as an important contributor to company performance The best of programs will mix a deep understanding of the Indian context with cujng edge world class knowledge of developments and trends Such Execu2ve Educa2on can be delivered by partnerships of Indian management schools that offer the depth of context and interna2onal business schools that offer breadth of perspec2ve One would expect partnerships emerging between business schools in mature economies that have the resources (faculty engaged in Execu2ve Educa2on) and developing economies (such as India and China) where the market for Execu2ve Educa2on is growing But one would also expect partnerships between Indian management schools and business schools in other emerging economies as new South- South business linkages (e.g., China- India, La2n America- India, Africa- India) emerge Ashish Nanda 7