One of the great contradictions discovered by IESE Business School's faculty and staff is that a more adverse economic climate does not necessarily diminish a hunger to learn among the world's top CEOs.

In fact, the more turbulent the environment, the greater executives see the need to hone their skills and to reflect deeply on how the latest developments are affecting their companies.

Since 1994, IESE has offered both open enrollment and in-company executive education programs for senior executives in alliance with other of the world's leading business schools, including Harvard Business School and the University of Michigan. Each year, hundreds of managers are drawn to the school's Barcelona campus to learn from leading U.S. and European faculty, who provide a well-rounded international view.

"The acid test of any program is how applicable the material is to the participants," Rory Simpson, IESE's Director of International Executive Education explains. "Our programs are designed to provide take-home agendas so that each individual can take immediate action the moment they get back to their professional responsibilities They endeavour to generate a dynamic mode of thinking that is prerequisite for success in a changing environment."

Testifying to the school's effectivenessin this domain, Business Week magazine recently ranked IESE among the world's top 10 executive education providers and number one overall in terms of in-company programs. In 2001, IESE topped the Financial Times Executive Education rankings in the category of "Relevance in the Workplace."

IESE Prof. Pedro Videla, who directs the program Renewing Global Strategy offered in conjunction with the University of Michigan, notes that today's highly-interconnected world requires more globally-focused thinking than ever.

"A cross-Atlantic perspective provides an unparalleled opportunity to think creatively about international business. And the diverse pool of faculty who lead the Renewing Global Strategy program provide just that," said Videla. The program, held each summer at IESE's campus in Barcelona, covers a range of key topics within the context of international business including finance, human resources and leadership.

Enabling participants to see beyond their own experience or business discipline is one of the chief benefits of participating in an IESE program.

"Renewing Global Strategy opened my eyes and made me aware of what is happening outside my own business discipline.," said Marcel van Berkel, Global Business Intelligence for DSM Melamine and participant in Renewing Global Strategy Program in 2001. "The program helped me not to copy what is happening somewhere else but to really think "out-of-box" about what brings my company to be the first in its business discipline."

While taking a very practical, hands-on approach, the programs introduce the latest management concept to participants. IESE and collaborating faculty present the latest research gathered in the management field, along with specific sector data.

IESE professor and Internet guru Prof. Josep Valor notes the value of an academic setting for acquiring this kind of new knowledge. Valor, who holds two Ph.D. degrees from MIT, leads the program Strategic Management in the Information Age, which introduces CEOs and their IT directors to new strategies for using technology within the firm. The program is held in collaboration with faculty from MIT.

"Many of the programs on this subject tend to be run by consulting companies who are as interested in selling their product as they are in content," Valor said. "IESE's program does not have this motive. The subject is looked at from an academic point of view to provide a practical and conceptual framework for decision-making on the strategic direction to take with regards to information technology."

The Strategic Management in the Information Age program transcends the obvious," says Valor. "If you limit yourself to studying the success stories such as Amazon.com or failures like boo.com you fail to understand the real implications behind developments in IT and how to harness its enormous potential. The program provides a framework for this kind of thinking."

Similarly, IESE's program Achieving Breakthrough Service provides managers with a highly-effective strategic model for improving customer service and loyalty. Offered in collaboration with Harvard Business School since 1994, the program is offered in both Barcelona and Miami. The Barcelona-based program provides a European focus, while the Miami program focuses on service issues pertinent to Latin American firms.

Caroline McHugh, UK Service Manager for BUPA and a recent participant in the Achieving Breakthrough Service program in Barcelona, noted, "The rationale and debate provided me with a more in-depth appreciation of the concepts and some tangible tools which have certainly helped me to improve my performance and that of the business."

The school's newest program tackles the complex world of business building within large corporations. Transforming Multi-business Corporations, is a joint IESE/HARVARD 3-day seminar held in Barcelona. Designed jointly by Prof. Joan Ricart of IESE and visiting professor Pankaj Ghemawat of Harvard Business School, the program analyzes how managers in large organisations can deal with many of the driving forces behind the changing environment.

As the business landscape continues to shift and transform, IESE Business School will continue striving to meet the needs of managers all over the globe, says the school's dean, Dr. Jordi Canals.

"IESE Business School has a unique spirit, due in part to its mission of service and emphasis on human values, and in part to the extraordinary professionalism of its faculty and staff," Dr. Canals says. "These advantages put us in an excellent position to contribute to the advancement of management education."


Website: www.iese.edu