Loyola University Training Tomorrow’s Executives
Mid-level business leaders aiming to advance in their careers are turning to a new program first offered by the Loyola University Sellinger School of Business & Management this fall.
Executive Education, designed for middle-level managers with eight or more years of experience who seek to advance to director or higher level general management positions, is a non-degree program that helps develop business leadership skills with practical applications they can easily implement at the office. Focused business skills include leadership, management, innovation, human relations, finance, accounting, technology, marketing, operations and human resources management.
All held at the Loyola Graduate Center – Timonium
High Impact Leadership
Practical Finance Accounting
“Leading business schools across the United States have created executive education programs for professionals who don’t have the time, the money or the interest in full MBA programs,” says Scott Moores, PMP, EMBA, director of executive education and business development for the Loyola Sellinger School of Business & Management. “These sessions have more practical applications. They can put into practice the tools and skills (covered in the sessions). It’s about doing.
Loyola’s program offers three different stand-alone “seminars,” and each runs a total of 12 hours over twice a week evening sessions and is led by business experts. The “Individual Leadership Seminars” help professionals aspiring to positions of leadership, responsibility and accountability, by reviewing a contemporary business case. Participants learn alongside colleagues from different industries and track their leadership growth. “Strategic Planning Seminars” provide strategic and leadership skills in an interactive format, encouraging critical thinking and the exchange of ideas, and also examine a business case. Participants design a strategic plan and develop a set of strategic planning tools. The “Leading Innovation Seminars,” to be offered for the first time this spring, will enable managers to create and maintain a competitive advantage through innovation and continuous improvement.
Participants will develop strategies to facilitate innovation in their organizations through the use of a mix of short lectures, discussions, videos and case studies.
The sessions provide the opportunity for sharing knowledge, exchange of ideas and networking. Those registered are considered “participants” as opposed to “students” and serve as an integral part of the seminar content. In addition, the participants are connected to seminar “coaches”for a one-hour private follow-up session.
Additionally, the Executive Education program offers custom seminars designed for organizations based on their leadership development needs. Sellinger experts collaborate with organization officials to offer specific topical sessions or broader multi-faceted programs at the client site or on the Loyola campus.
“The key is they are short seminars that stand on their own,” Moores notes. “Take one subject and you can immediately apply what you’ve learned in the workplace. It’s not about having to string multiple courses together for a degree.”
Executive Education is not Loyola’s first foray into educating local business leaders, but past efforts have been inconsistent. The new program is the brainchild of Sellinger School Dean Kathleen Getz, Ph.D., who established a robust program at the Loyola University Chicago’s Quinlan School of Business before coming to Baltimore a year ago.
A board of sponsors researched the market potential in Baltimore for an executive education program and Moores was hired as a consultant to create the program. He became the full time director in September.
Daniel Rizzo, vice chair of the board of sponsors, felt there was a need for this type of training in Baltimore beyond the time commitment and expense of a full-time or part-time MBA program. The Executive Education Seminar, at $2,800, gives employers an opportunity to offer continuing education and provide tools to help their employees sharpen specific skills in an affordable way, in both in cost and time. It also helps with employee retention. Loyola’s program literature cites a recent Louis Harris and Associates poll that reports among employees with poor training opportunities, 41 percent planned to leave within a year. Only 12 percent planned to leave among those who considered their company’s training opportunities to be excellent, resulting in a retention rate more than two-thirds higher.
“You don’t get a lot of training in school and business school. It mostly comes from mentors,” Rizzo adds. “It’s a way to share best practices in leadership development.”
Attorney Chris Rahl, member of the firm Gordon Feinblatt LLC, enjoyed the small group atmosphere of the Individual Leadership Seminar and the opportunity to share and hear different perspectives from others.
“Anything I can do to think about my communication style and strengths and weaknesses and improve how I interact with people I work with, I will jump at the chance,” says Rahl, who has conducted business development coaching sessions himself in the past.
Rahl discovered “takeaways” he already has implemented in his practice. He says the sessions helped him with coaching junior lawyers and providing good feedback to all associates, not just subordinates.
Rizzo took the Strategic Planning and Analysis seminar and found it useful, a “good refresher of things I learned in undergrad in business. When you’re in undergrad and early on with the MBA, your role in an organization doesn’t give you an appreciation for those skills.
Belinda Edwards also attended the Strategic Planning Seminar, and appreciated the small class size – the maximum capacity is 12 students – which she says enriched cross-functional team collaboration. “Participants utilized the breadth of our experiences to exchange ideas when analyzing the various use cases. The course emphasized the connection between leadership and service and the effect both have when striving to for an ethical approach to strategic business decisions.”
Edwards, group leader and security architect with The MITRE Corporation, is utilizing the strategic audit and analysis techniques she acquired in the seminar to refine the strategic approach she applies to projects. “The Loyola University Executive Seminar on Strategic Planning was very informative,”she says. “The professor offered a concise look into types of strategies and supporting matrices that can be used to plan for competitive advantage in resource planning, product development, and more importantly…life. I95