Types of Executive Management Training
Even an executive with an MBA and many years of experience in the work world is capable of improvement, and each year countless members of upper level management in major companies undertake executive management training in order to improve their -- and by extension their organizations -- productivity. Most of these forms of training are introductions to new examples of allocating resources, leading teams, dealing with subordinates, and predicting market trends. There are dozens of companies that specifically work with and train upper level managers, developing work shops or one on one tutoring in order to provide a suitable improvement in various areas of business.
Training work shops often encompass a wide range of qualities that are common in successful corporate leaders. Many may be rather surprising -- such as the statistic that seventy four percent of Fortune 500 CEOs can speak a foreign language -- while others may be fairly straight forward. These work shops approach different styles of leadership and the advantages and drawbacks of each; explaining how flexibility has been successful in certain product developments while taking a firm stance has worked better in others. Many of these work shops have professional counselors and even psychologists that assist in working with specific problems that an executive faces each day.
Executive coaching is similar to these processes, but more expensive due to the individual aspect. Coaches will work with a manager to asses his particular strengths and weaknesses, then device simple changes from the ordinary routine that could yield superior results. Discussions on confidence, communication, attention to detail, and goals are all part of this coaching. More specific needs, such as working to eliminate employee fears and trepidation, often requires greater efforts and even an entirely different change in management style; these executive trainers have a long list of activities to carry out that increase charisma and efficiency in leadership.
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