IVEY TOPS CANADIAN MBA OFFERINGS: STUDY
London, U.K. — Once again in 2002, the University of Western Ontario has the best MBA program in the country according to London’s Financial Times, and the 18th best in the world, up one spot from 2001. Three years after completing the program, Richard Ivey School of Business graduates earn on average (US) $106,334 annually, more than students from any other business school in the country. According to the study, the University of Toronto and York University were the next highest ranked Canadian schools, tied for 31st spot, followed by Queen’s University at 46, up considerably from 87th spot in 2001. Top spot globally went to the Wharton School at the University of Pennsylvania, with Harvard coming in second, followed by Columbia University, Stanford University and the University of Chicago tied for third. Within three years of graduation, Wharton alumni are typically making (US) $165,227.
MANAGERS MUST FOCUS ON SOFT SKILLS IN TOUGH TIMES
Greensboro, N.C. — As organizations are increasingly faced with difficult change, like downsizings, managers need to pay more attention to the “soft” side of leadership to minimize the stress employees face, according to a recent survey from the Centre for Creative Leadership. Leaders who are most successful in helping organizations manage change are skilled in honest proactive communication, demonstrate sensitivity and clearly articulate the need for change despite the pain those changes may inflict. Respondents also identified top challenges for managers in 2002. Among them: motivating staff as they face an uncertain future and developing and retaining staff in appropriate numbers while trying to accomplish more with less.