The United Kingdom management population is a large and moving target. A growing number of individuals describe themselves as managers; the widely held view is there will be many, many more. Figures suggest the scale of the potential market and need for management education and training development (METD) is considerable. Levels of qualifications held by new entrants to the labor force tend to be higher than those leaving the workforce; the overall qualification levels of the national stock of managers are rising. Employer-provided training and higher education is limited. Fundamental changes facing managers are technological literacy, doing more with less, and sustainability and broadening social responsibilities of business. Challenges for management education's future are management fads and fashions; national context and dominance of the United States model; stakeholder or shareholder value models; new models of management and a growing gap between leading- and trailing-edge practice; path dependency and new models of competition; strategic capacity of senior management teams; technicism versus radicalism and creativity; to be a toolkit for the 'action man/woman' or analytical training for the reflective practitioner; universal prescriptions; the gap in teaching business ethics; and METD for small and medium enterprises. The masters in business administration (MBA) degree may be overplayed and overvalued; alternative management education could be a neglected resource. (Contains 60 references.) (YLB)