With fundamental changes in the business environment, the executive development path increasingly leads into new territory far beyond the current experience of the corporation. As the requirements for successful business leadership have changed, so have the approaches to developing senior business leaders.
"The global marketplace is complex," says Jane Hiller Farran, senior director of corporate programs in Wharton Executive Education, who has helped develop programs for thousands of high-level executives at corporations around the world. "The pace of change is dramatic. Companies can’t always internally marshal the type of development experience they want to offer."
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