As many Mckinsey alumni and members of the global business community, I have been following with much interest and awe the developments of the Mckinsey saga, and its shocking revelations. As accusations of two consultants trading inside information about their clients were brought forward, the media frenzy that ensued seems to bring the perfect storm for the consulting firm.
As digital convergence, peer to peer, and global word of mouth is shaking industry from media to telecommunications or even banking, there is little evidence that Executive Management Education is evolving at the same rate. There seems to be a the discontinuity between trends going on in adjacent industries, and the way executive education is taught. As curiosity built, I had numerous discussions with renowned universities and business schools about the future of executive education, in particular around management education. Have those organizations integrated into their strategic thinking the recent developments in technology and society? Are they (we) willing to question why the majority of executive training hours still happen in a classroom? Who are likely to be the new players in this field?