Created by Alfred P. Sloan, Chairman of General Motors from 1937 to 1956, the Sloan programme was established to provide those with existing business experience a cross-functional understanding of management. Three world-class business schools offer programmes that share this great heritage: London Business School, Stanford Graduate School of Business, and Massachusetts Institute of Technology (MIT).
Professor Charles Handy, himself a Sloan Fellow from MIT, was appointed by the School’s first Principal, Dr Arthur Earle, to develop and run the programme at London Business School – and it’s still the only programme of its kind in Europe. It was in September 1968 that the first class of LBS Sloan Fellows began the 10 month advanced management studies, graduating on 10th July 1969.
Today, LBS Sloan Masters in Leadership and Strategy prepares senior managers for positions of organisational leadership in a global context.
Dr. Arthur Earle is appointed the first Principal of London Business School.
Reflecting on the creation of the programme and the impact it had on the School’s international presence, Dr. Arthur Earle comments, “As the first principal, I was fortunate to be present for many ‘firsts’ in the history of the School, but none that gave me greater pleasure.”
Arthur Earle, Principal
London Business School, 1965–1972
London Business School’s inaugural Sloan Fellowship programme welcomes 17 students.
“I was forcibly struck by the wide variation in skills and personalities among the original Sloans, but fascinated by the way in which the group so quickly pulled together. There can be no doubt that it was a highly stimulating experience, not only in terms of improving the academic knowledge of business, but in building personal relationships in a very different environment.” Malcolm Craig (British) SLN01
Freelance Financial Journalist and Author
The first class undertake field trips to North America, Czechoslovakia and France to analyse the cultural differences in management within the automobile industry.
The programme continues to develop its international outlook with field trips to the US and Romania.
The first LBS Sloan class.
The first woman is admitted on to the programme.
“It is difficult to decide what I remember most about my time as a Sloan, but two things have stayed with me and have been invaluable. The first is to think more widely and approach problems from several angles, and the second is to do what suits you best, to build on your personal strengths, even when it runs counter to current management thought.”
Olga Aikin-Driver , (British) SLN03
Senior Partner, Aikin Driver Partnership
Her Majesty Queen Elizabeth II opens the School’s Regent’s Park campus on 18th November.
The School installs its first computer terminal, linked to the University of London.
Prime Minister Harold Wilson attends the School’s 10th Birthday Dinner.
The programme becomes increasingly international with the number of countries represented to date totalling 15.
Olga Aikin-Driver meets the Queen at LBS.
HRH The Prince of Wales formally opens the Plowden Building on 26th May.
London Business School is incorporated by Royal Charter on 3 September, giving the School the right to confer and grant degrees.
The number of students admitted on to the programme rises to over 40, with women representing 15% of the class. Tony Eccles, Programme Director, steadily increases the class size to meet demand for the programme and to remain in line with the class sizes at MIT and Stanford.
Prime Minister Margaret Thatcher visits the School.
Prince Charles meets Lord Plowden, Chairman of the Governing Body.
Under the leadership of Paul Willman, Sloan is transformed into a degree-awarding programme.
Professor Willman believed accreditation was a key factor in raising the programme’s profile. He describes the change as “pouring the existing curriculum into the degree format while retaining the transforming elements: the cohort itself, the overseas visits, the guest speakers.”
Paul Willman, Programme Director
London Business School, 1989–1992
The Queen’s Award for Export is awarded to the School in recognition of its provision of educational services to managers and companies worldwide.
London Business School continues to enhance its position among the world’s top international business schools; of the 52 participants admitted on to the programme 23% are women and 50% are international students from 18 different countries.
In September, the School becomes a full College of the University of London.
The first satellite link up between Sloan programme participants at London Business School and their MIT counterparts in Boston takes place. The topic under discussion at the videoconference is ‘The Knowledge Age’.
Class of 1995.
The first female Dean is appointed - Professor Laura D. Tyson.
The class increases to over 60 students from more than 20 different countries.
Frederick Pakis (SLN12) makes a challenge gift up to the value of £80,000 to the Sloan Alumni Scholarship Fund to ensure future generations of LBS Sloan students have the opportunity to experience this unique programme, irrespective of their means.
London Business School celebrates its 40th anniversary with a dinner attended by all of its Principals and Deans.
London Business School teams up with Spencer Stuart and Saatchi & Saatchi to offer a fully-funded Sloan Fellowship scholarship to the female executive deemed to best exemplify what constitutes a great woman leader.
The Sloan programme is renamed Sloan Masters in Leadership and Strategy.
Sloan faculty Sir Andrew Likierman becomes Dean of London Business School.
Class of 2007.
The first Sloan Summit is held at London Business School. The event brings together Sloan Fellows from around the world that graduated from London Business School, Stanford and MIT.
LBS begins a new chapter of its history, with the opening of Sammy Ofer Centre, a state-of-the-art teaching hub housed within an iconic London building, the Old Marylebone Town Hall.
François Ortalo-Magné becomes Dean of London Business School in August.
The programme also undergoes an extensive review, which enhances the learning experience and reaffirms the programme’s commitment to equip senior global professionals with the power to lay the very best foundation for their future.
The LBS Sloan Masters in Leadership and Strategy celebrates its 50th anniversary. The 50th class are the largest and most experienced for many years; the 64 students have on average 19 years’ experience and come from 23 different countries.
Former Dean Sir Andrew Likierman opens Sammy Ofer Centre.