There are three main approaches to management education: on-the-job training, off-the-job training, and executive MBA programs. Each approach has its own advantages and disadvantages. On-the-job training allows managers to learn while doing their job, but it may not provide a comprehensive understanding of management principles. Off-the-job training, such as workshops and seminars, can provide a more comprehensive understanding of management principles, but it may not be as practical as on-the-job training. Executive MBA programs provide a comprehensive understanding of management principles and practical experience, but they can be expensive and time-consuming.
An organization should consider sending its managers to an executive MBA program if they want to provide their managers with a comprehensive understanding of management principles and practical experience. Executive MBA programs are best suited for managers who have several years of experience and are looking to advance their careers. An organization should also consider the cost and time commitment of an executive MBA program before sending their managers. If an organization has the resources and is committed to investing in their managers' development, an executive MBA program can be a valuable investment.