The illiterate of this century will not be those who cannot read and write,but those who cannot learn, unlearn, and relearn.”
- Alvin Toffler
These words very aptly encapsulate the need of the executive education in the present times to update its young professionals, keeping them abreast and groomed to meet the rising dynamicity of the business world and manoeuvere accordingly leading to meaningful deliberations. Also with years in the industry, the going gets tough, fiercely competitive and globalized. One rubs shoulders with the finest of the players but then that also demands decisions, which have been well brainstormed, manoeuveres that are well planned and thoughtfully reached at.
Moving into higher strata of professional hierarchy requires a more comprehensive, multifunctional perspective in addition to an in-depth domain knowledge and simple business acumen. There is an emerging need to re train/re educate these notso-young professionals with considerable experience behind them to give them a clear focus, skills in congruence to times and industry.
The corporate world demands for a genre of managers who are innovative in their outlook as they deliberate upon human, social and psychological needs of the users of their products and services. The demand underlines the need of the executive education as it infuses a pragmatic uptake of the broader perspectives of the organizational expanding over the various sectors within the organization.
Also such education minimizes stagnation which is one of the leading concerns in the industry and in turn also helps deal with a rising attrition rate. As the retrained rejuvenated professionals explore more profitable business propositions and surge ahead foraying into new ventures.