To take advantage of the opportunities, and to effectively face the challenges, which the future will present, managers need to enhance their competence for making leadership decisions. These decisions affect all issues in strategy formulation, and implementation, for organizations and...

This paper suggests that competency‐based, outcome‐focused management development and education programs might benefit from redirecting the non‐technical subjects away from emphasis on theories and skills, to emphasis on the decisions which managers have to make. To do this effectively,...