Published by:
Harvard Business Publishing
Length: 19 pages
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Abstract
Formal education programs emphasize the development of problem-solving and decision-making skills, but give little attention to finding and exploiting opportunities or to dealing with potential problems. Effective managers, on the other hand, share characteristics that cannot be taught in a classroom: they need to manage, they need power, and they have the capacity for empathy. Furthermore, managers develop leadership capacities by firsthand observation of their environment and by an assessment of feedback from their actions. Managerial aspirants must be taught how to learn from their own first-hand experiences. McKinsey Award Winner.
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Abstract
Formal education programs emphasize the development of problem-solving and decision-making skills, but give little attention to finding and exploiting opportunities or to dealing with potential problems. Effective managers, on the other hand, share characteristics that cannot be taught in a classroom: they need to manage, they need power, and they have the capacity for empathy. Furthermore, managers develop leadership capacities by firsthand observation of their environment and by an assessment of feedback from their actions. Managerial aspirants must be taught how to learn from their own first-hand experiences. McKinsey Award Winner.