Monday, September 04, 2006

The benefits of company as family


A leading Spanish business school founded by the group illustrates that Europeans have a firmer grip than Americans on how to succeed by caring for their own.

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About the same time that the "Da Vinci Code" was hitting theaters in May, I was camped out at a university in Barcelona, discovering some of the lesser-known secrets of Opus Dei, the Catholic society at the center of the book and movie's byzantine plot.

No, I didn't see any albino monks, cilices, or dead bodies. I was merely on sabbatical for three weeks at IESE, a leading Spanish business school founded by Opus Dei in 1958 as part of the University of Navarra. And the only thing I observed was great management.

For starters, IESE recently placed fourth among the top executive education programs in the world, according to rankings by the Financial Times. Unlike many European business schools, which have tried to mimic the U.S. model, IESE is intentionally different, with a greater emphasis on ethics and values both in the curriculum and in how it is run.

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