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Local businesses assist
Krannert in new program
By Heather Poston
Staff
Writer
Local businesses have found a need to expand upon
their managerial skills.
To do this, organizations like Caterpillar and
Eli Lilly are participating in the Executive Management Certificate
Program created by the Krannert School of Management.
The program is set up by Caterpillar and Krannert
to provide current and future upper-level managers with a graduate-level
management education that will improve their executive managerial skills
as well as develop their leadership abilities.
"The idea was actually developed on a golf course,"
said Richard Cosier, dean of the School of Management. "The program
is aimed primarily at Caterpillar employees, although some other firms
are represented. The program is providing information about a variety
of business functions and addresses contemporary business issues. Although
no degree is granted, the program could be called a 'mini-MBA.'"
Two local businesses have taken advantage of the
opportunity to provide a masters degree level of educational enhancement
for a management staff with limited free time.
"At this time only Caterpillar and Eli Lilly are
enrolled in the first series of classes," said Michael Sheahan, associate
director of the Executive Management Program. "We were in touch in with
numerous other local organizations when we started the program. We're
inviting them to join us for the second series of the program, which
begins in May 2002."
The classes are set up in five different modules.
These include micro/macroeconomics, managerial accounting and financial
management, human resource management, marketing management and strategic
management. The five modules include two three-hour sessions each week
for three weeks.
Judy Potts, Caterpillar's workplace development
manager of human resources at the Lafayette engine plant, helped initiate
the program at Krannert and is a student in the program.
"I wanted to experience the program to be able
to provide legitimate and real-time testimony for support of future
programs," she said. "It has actually been a long time since I have
sat in a college classroom, taking notes, and finding the time for reading
assignments. I have learned that there is always time to stretch, grow
and learn."
The program fee for the Executive Management Certificate
Program is $1,000 per person per module, or $5,000 for the entire series
of five modules. This includes instruction and all materials required
for the course.
The second series of the program begins in May
of 2002. People interested in participating in the programs can contact
Sheahan at 494-7700 or e-mail him at sheahan@purdue.edu.
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