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T&D_APRIL2017

What Employers Need To Know About Online Business Education Evaluating programs and the benefit to your company Sixteen years after leaving Harvard Business School with an MBA, I returned in 2015 to lead the school’s digital education organization. During my time away from Harvard, I served as the CEO of a company that made critical components for power generation equipment. While there, I learned how valuable nontraditional education can be to a business. When I took over in that role, the culture of the company was one that I was sure would not work given our goals and so I set about changing it. As many who have been in my shoes can attest, changing culture is mostly about people. I wanted some new talent – in particular, I was keen on hiring people who didn’t have decades of time in our industry. FEATURE The previous regime had not been as adventurous; unless you had ten years of experience making, designing, inspecting, or managing the manufacture of industrial gas turbine components and lived within twenty miles of Oxford, MA, they were not interested. By way of example, we hired into our finance group a young graduate from a prestigious university who had a degree in philosophy. He was very smart and also had a high “EQ” but he had limited understanding of the basics of business. This was the first time I recall wishing overtly that there was a way to get him quickly up to speed. But massive, open, online courses (MOOCs) like those offered by EdX and Coursera as well as more specialized offerings like those we have created at Harvard Business School (called HBX), had yet to take hold. By Patrick Mullane 14 Submit your Articles Training and Development Excellence Essentials presented by HR.com | 04.2017


T&D_APRIL2017
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