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’