No time to go back for your MBA? It may be easier than you think to make it happen.
The busy executive is a universal trope and finding time to keep all the plates spinning requires an ever-increasing level of skill. Just keeping up with technology advances is hard enough, but what about other areas such as leadership, innovation and strategy?
Most executives at some point in their careers find themselves having risen to the point of incompetence.
This is also known as the Peter Principle, named for Laurence J. Peter who wrote a book in 1969 by the same title which postulates that in hierarchical organizations, leaders tend to get promoted based on their success until they reach a point where they no longer have the skills and abilities to adequately execute in their current role. The Peter Principle is basically what sends crowds of busy executives clamoring for an MBA, so they can shore up the shortcomings that have come with higher levels of responsibility.
The executive MBA has evolved along with the high-demand needs of the marketplace.
In response to the ever-increasing workload which has only been matched with the skyrocketing compensation of successful c-suite executives, MBA programs have become more creative in offering a pace and schedule that is more easily accomodated, all without sacrificing the exeperiential quality of any good full time program. Keeping up with everything is not easy, but anything worth pursuing rarely is. The key will be finding a program that fits not only your schedule, but also your desired method of learning.
Also remember that most quality exec programs require at least ten years of high-level business experience so your classmates can actually learn something of value from you.
Not all top programs even have an executive MBA program.
Hoping to get that Harvard MBA as an executive? Sorry, but they don’t offer anything but the full time two-year program. While they do have some executive seminars and sessions, only those who attend HBS in their traditional MBA program can call themselves Harvard MBAs. Still, there are other well-respected programs in the top tier which do have executive programs, so once you have narrowed it down, reach out for guidance on how you can ensure you get in.
For information on how we can guide your business school applications, email us at mba@amerasiaconsulting.com or go to http://www.amerasiaconsulting.com/contactProvide