From hidden champions to global corporations: Management boards are well trained, strongly challenged and optimally networked. But how do they acquire the necessary industry knowledge and personality to steer a company and control its fortunes?
Christian Schätzlein is responsible for the team management of the Competence Centers in the Professional & Executive Education of Frankfurt School. He has long been involved in the qualification of the "first employees" of a company, especially in the banking and finance sector, and has developed a unique educational programme.
"Board training" - How do you explain this term to your clients and customers?
First of all, there is no training programme that automatically enables you to become a member of the board or to run a bank. Moving up to the top management level is the culmination of a long career in which the candidates have developed professionally and personally. When this step is imminent, the owners of the company generally determine who they consider suitable for management. In the case of German credit institutions, the situation is different: BaFin, the German bank regulator, has got the right of co-determination, if there are doubts as to suitability, to prevent the company from assuming the function of managing director. To prevent this, we have developed a training programme that provides comprehensive industry, specialist and management knowledge and prepares the candidate for the new position.
What service does Frankfurt School offer with this exclusive program?
After all, this is a very special target group. Someone is new to a company or is already there and should be prepared for the next steps - in terms of company succession. This means that we deal intensively with the person in advance, both professionally and personally. This is based among other things on the analysis of the CV and a self-assessment of the candidate on the basis of a catalogue of measures. Based on this, the necessary training needs are determined and a training offer is prepared. The special service before and during the programme consists above all in the special and individual approach of the training consultation, the implementation as executive individual coaching and an individual support. This is unique in the market.