In the second year, students can choose to take one of six specialist paths, including product and market development, strategic leadership and supply chain management.

Among primary schools, the pattern will be more varied but chains of primaries are likely to spring up, combining resources and strategic leadership.

This meant the board's role was more to act as the conscience of the organisation than to provide strategic leadership or a challenge to executives.

Thanks to careful strategic leadership, these brands appeal to both old and new money in established and emerging markets.

He quit less than nine months later, saying the company needed 'a different kind of strategic leadership that's not me'.