The Chicago Approach distinguishes Chicago Booth from other top business educators.
This approach encompasses four key elements:
Discipline-based knowledge is a powerful tool for understanding how organizations function and how markets work.
Empirical evidence (real-world data) is important for building discipline-based knowledge.
Good decisions are backed by good analysis.
Effective business practices stem from fundamental principles, not fads.
Developing your custom learning initiative
When you work with Chicago Booth to create a custom learning initiative, you benefit from more than 100 years of experience in educating business leaders, as well as from the innovative research of our faculty. Our multifaceted approach to addressing your company’s needs is based on three fundamental concepts developed by Chicago faculty—human capital, social capital, and organizational capital.
All of our learning initiatives are based on this underlying principle: The success of an enterprise requires effective use of human capital—the sum of the knowledge, attitude, and competencies of people in an organization—and social capital, the value of managers’ relationships within and beyond a firm. Our custom learning initiatives help your staff understand both assets and leverage them to maximize your company’s organizational capital—the extent to which leadership generates commitment and mobilizes the creative energies of the workforce to achieve common goals.
When working with you to create a custom program, we integrate our knowledge and experience with yours to create what you need to move ahead: high-impact, results-driven learning.
 The Chicago Approach to High-Impact Learning
Human Capital
The sum of the knowledge, attitudes, and competencies of people in an organization; Chicago Booth faculty member Gary S. Becker received the Nobel Prize for his work in this area
Social Capital
The value of managers’ relationships within and beyond a firm; pioneered by Chicago Booth faculty member
Ron S. Burt
Organizational Capital
The extent to which leadership generates commitment and mobilizes the creative energies of the workforce to achieve common goals; concept in development by Chicago Booth faculty member Linda Ginzel, academic director of custom programs
Creating lasting value
At Chicago Booth, we work with you to form a learning partnership focused on creating lasting value. You and your company bring to this partnership domain knowledge— the knowledge of your particular firm and industry. Chicago Booth adds value with conceptual knowledge—the business concepts and proven framework for analyzing business problems taught by our faculty. This combined knowledge leads to the components that set Chicago Booth apart from all other business educators and maximizes the partnership’s value for your company: action skills and insight.
Action skills enable individuals to set goals, convince others of their value, and see them through implementation. Insight is the ability to gain greater value from the interpretation of results and experience. At Chicago Booth, your executives learn the value of questioning and a willingness to alter beliefs in the light of new data; to recognize the importance of multiple viewpoints; to take calculated risks; and to ultimately deliver effective performance. Your executives leave our programs knowing how to evaluate potential actions and interpret the outcome of those actions—to learn the right lessons from experience for ongoing benefit.
Action Skills and Insight: Lifelong returns on your investment in Chicago Booth custom executive education.
 The Chicago Approach to Custom Program Design
The Chicago Approach to custom program design is a learning partnership that focuses on generating insights and creating value.
Adapted from Harry L. Davis, Robin M. Hogarth, Rethinking Management Education: A View from Chicago. Selected Paper Number 72. |
