SCHOOLS FOR EXECUTIVES: How Helpful Is Industry's New Fad?

TIME was when a new rug on the floor or a bigger office was the infallible sign of a rising executive. Today the management comer is more apt to find himself sent back to school with a pack of pencils and instructions to sharpen his potential. The new corporate fad—or what one executive calls "a fever sweeping industry"—was started to combat the shortage of executives by trying to force-feed talent in the classroom instead of waiting for it to grow naturally in the office. In 1957 alone, industry sent an estimated 300,000...

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