Word: lorsch
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Dates: during 1980-1989
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...program, which will graduate its 94th class this December, was born in 1943 as the War Production Training Course to teach business managers how to cope with meeting World War II production demands, according to Jay W. Lorsch, the program's faculty chairman. Since 1943 it has trained 11,000 executives in general management, financial and strategic planning skills...
When a corporation sends one of its top executives to the 13-week program, it continues to pay his salary--as well as the $19,500 AMP bill. Though Kirsten Professor of Human Relations Lorsch acknowledges that the fee is steep for three months' room, board and tuition, he says it is comparable with similar executive programs offered by other universities. "One way to think of the fee is as a donation...
...Lorsch says one advantage the AMP has over the Stanford and MIT programs is that it isn't a "window" of its MBA program Stanford and MIT uses MBA professors for their exclusive programs while Harvard's professors as devoted exclusively...