International Executive Development Programme 2011

Transcription

1 The Banking Sector Education & Training Authority International Executive Development Programme 2011 Address Thornhill Office Park, Block 15, 94 Bekker Road, Midrand, 1685 PO Box 11678, Vorna Valley, 1686 Telephone Facsimile Call Centre Enabling skills development in the banking and microfinance sector

2 Mission To support transformation and people development and through partnerships to enable stakeholders to advance the national and global position of the broader banking and microfinance industry. 2

3 The Purpose of BANKSETA s International Executive Development Programmes The BANKSETA International Executive Development programme is designed to compliment the existing Executive Development Programmes implemented by employers in the sector. This fully funded programme adds an international perspective to the development of high potential senior managers. The programme creates an opportunity for senior managers, who have been identified by their employers as having high potential, to engage in a learning development opportunity. Time will be spent with senior executives as well as formal learning with business schools operating in the host country. Participants will also have the opportunity to interact with other financial organisations and businesses whilst researching and developing a business case topic for presentation to both senior executives and a panel drawn from amongst senior executives of South African financial services organisations. Participants are first nominated onto these executive programmes by their respective line managers and senior Human Resources (HR) Consultants once the appropriateness is determined. Acceptance to the programme is subject to the formal selection process and confirmation of acceptance by the BANKSETA management development committee. Irrespective of the host destination (in this instance either London, United Kingdom or New York, USA), this leadership programme is very intensive. Participants will require the commitment of personal time as well as time away from home and office whilst on the programme. A significant amount of time will also be devoted to afterhours syndicate work. Participant Selection Criteria BANKSETA-registered employers will be requested to identify and screen from the existing pool those high potential candidates who are currently in the senior management positions and who have the potential to be or will be appointed to senior executives within a two or three year period using the following screening process: 360 degree assessment integrating self, line manager and colleagues; Business case study analysis; Face to face interview; Motivation for a potential ALP (Action Learning Project); and Proof of SA citizenship. When the final candidate name(s) is/are submitted BANKSETA will require the following: Candidate s Curriculum Vitae Certified copy of South African Identity document Valid South African passport 360 degree assessment report with feedback from self, line manager and colleagues Candidate s analysis of the business case study Face to face interview report from the interviewing panel Motivation for potential Action Learning Project (ALP) A short description of the process followed and resulting into the chosen candidate(s) A letter from the line manager committing the candidate s participation in the BANKSETA IEDP 1

4 What are the general guidelines for nomination? Final nomination on the programme doesn t guarantee selection onto the programme. The BANKSETA Management Development Committee will when finalising the list of successful candidates be guided by the following: National Skills Development Strategy; Proof that the opportunity was open and transparent; 360 degree feedback; Candidates comprehensive Curriculum Vitae; Interview report from the employer; and Candidates undertaking to participate. This development opportunity should meet a skills need identified in the nominee s personal development plan; as well as be applicable to the business need. Selection for attendance on this programme will be a confirmation that the individual is to be developed for accelerated promotion within the organisation and that their development is being actively managed by their employer. What is required of the successful participants? Each participant will be expected to: Fully participate in all programme activities (dates have been provided in order for diaries to be scheduled accordingly). None of the elements are optional; Fully participate in the in-residence component. Due to the workload, participants will be expected to stay over at the local business school accommodation; Work in a syndicate to scope the research to be undertaken both locally and internationally. Attend and participate in meetings related to the research and deliver the research paper and presentation in the format prescribed by the business schools; Have valid passports; Refine the approach to the business case by meeting as agreed between syndicate members; Plan for and undertake local research into the business case topic allocated, crafted by the syndicate, before departure to the host country; Participate in social and business functions as an ambassador for South Africa, the South African banking and microfinance industry and BANKSETA; Complete, within the agreed timeframes, all assignments required by the programme both in South Africa and in the host country; Complete evaluation forms and contribute to feedback sessions throughout the programme; and Formally present the business case to senior executive panels in both the host country and South Africa. 2

5 Action Learning Project (ALP) A key element of the IEDP is to engage within a syndicate group in researching and developing a business case for a topic that has value for the banking and microfinance sectors. The purpose of the research element of the IEDP is to present the findings of an exhaustive research and learning process that aims to provide a solution to the research question developed by each syndicate. The result is to be presented in the form of a comprehensive written report and a PowerPoint presentation. Details of the required format and related details will be provided during the local workshops. Syndicates will work with a topic champion and a coach in South Africa throughout the programme. The final research document is to be delivered to the BANKSETA seven days prior to the final presentation. Presentations will first be made to a panel of experts in the host country; and finally to a panel of senior South African financial services experts. Personal Development Plan Success in this programme will, in large measure, be dependent upon the extent to which the participant engages with his/her line manager and the HR support within the organisation. Expectations from all parties should be agreed up-front. Participants should know the value that is placed on this programme by their employers, how it fits into participants overall long-term development and what can be expected upon completion of the programme. Understanding these issues, and having discussed and agreed upon them, will assist both the employer and candidate. Reflection and Feedback Sessions Sessions will be facilitated by a coach in the host countries. All participants are required to engage in these sessions and to provide in-depth feedback. These meetings also serve to record the progress of the programme and to give feedback to the business schools and BANKSETA on how to improve elements contained in the programme. Presentations In the host countries The final task to be completed in the host country is a presentation by each syndicate of their proposals resulting from their research. This presentation will be made to a panel drawn from the participating employers and business schools. In South Africa After returning from the international component of the leadership intervention, syndicates will spend time finetuning their research and adjusting their presentations before delivering them to a panel drawn from senior executives in the South African financial services sector. 3

6 High Level Schedule for BANKSETA IEDP USA & UK Features USA United Kingdom and Uganda (see pages 7-8) Timing Programme Delivery Partners March 2011 (Orientation) April - August 2011 (Faculty, company visits and ALPs) September 2011 (Final Presentations) Gordon Institute of Business Science (GIBS), University of Pretoria May 2011 (Orientation) May - September 2011 (Faculty, company visits and ALPs) October 2011 (Final Presentations) Wits Business School, University of Witwatersrand Stern School of Business, New York University Cass Business School, London Makerere University Business School, Kampala. Uganda Important Dates Employers Internal Selection resumes 04 October Employers candidates submission to the BANKSETA on the 15 November Management Development Committee sits to re-evaluate and allocate to business schools 20 November BANKSETA informs employers of the final outcome 24 November

7 Programme Dates IEDP USA 2011 IEDP UK & Uganda 2011 Gordon Institute of Business Science (GIBS), Johannesburg 4-5 March 2011 (Orientation) April 2011 (Study block 1) 1-5 August 2011 (Study block 3) Wits Business School, Johannesburg 6 May (Orientation and Preparation Day) May July 2011 Kampala, Uganda July 2011 (Group departure from Johannesburg: Tuesday 12 July 2011 and return to SA on Saturday 16 July) Stern School of Business, New York University 6-17 June 2011 (Study block 2) Gordon Institute of Business Science (GIBS), Johannesburg 30 September 2011 (ALP Presentations & Graduation) Cass Business School, London 3 17 September 2011 (Group departure from Johannesburg: Saturday 3 September 2011 and return to SA on Saturday 17 September) WITS Business School, Johannesburg Dry Run for ALPs 14 October October Closing Function (Final Presentations) 5

8 The IEDP United States of America 2011 Programme The IEDP 2011 will develop functional leaders with an interest in investment banking, in developing their understanding of and skills relating to: the changing context of investment banking and the African business environment optimal execution against the backdrop of the changing trends in investment banking, and strategic leadership. Structure of the IEDP The programme will consist of 3 study blocks in addition to an orientation and action learning project presentation and graduation day. Study block 1 (5 days) will be presented at GIBS, study block 2 (9 days) will take place at New York University (NYU) in addition to 4 days travelling and socio-cultural programme, and study block 3 (5 days) will be back at GIBS. The three themes of the programme will be weaved through all three study blocks. Learning methodology Building on the use of high level faculty and action learning coaching process, as well as the personal leadership coaching process and cultural programme, GIBS will employ the following methodologies to enhance the effectiveness of the programme: Programme integrator will weave together the themes of the programme and allow for application Emphasis on application versus content driven design, including provocative experiences, new approaches to case stories, behavioural simulation, customer experience, partnering with international executives and role immersion etc. Guest speakers emphasizing excellence in African case studies and experiences Guest speakers from the investment banking industry Action learning to be contained in the individual banking groups to allow for greater applicability of outcomes of the projects Company-specific sponsors and mentors Female role models as guest speakers 6

9 BANKSETA INTERNATIONAL EXECUTIVE DEVELOPMENT PROGRAMME USA 2011 (Investment Banking) Preprogramme and Supportive Process Block 1: GIBS (1 week) Block 2: NYU (2 weeks) Block 3: GIBS (1 week) Nomination, Assessment and Selection (by the banks) Expectation Survey 360 Leadership in Action Inventory Pre-Reading and Preparatory Exercises Orientation and Team Effectiveness Media Training Context & Strategy Optimal Execution AT GIBS (5 days) Economic Environment: Rebounding from the Crisis Case studies in African and International Organisations Healthy Capital Markets (A Behavioural Finance Approach) Strategic Investment Finance Governance, Ethics & Risk Management Sustainability & Corporate Responsibility (The Case for Going Green) Economic, Social & Political impact of investment Strategic Decision-making & Scenario planning AT Stern Business School, NYU (9 days) Product mix & the future Optimising Financial Success Firm & Personal Competitiveness Client Engagement & Brand Positioning AT GIBS (4 days) Action Learning Project Presentations and Graduation Presentation Skills Strategic Leadership Personal Leadership Development (Assessment & Coaching process) Team Leadership Change Management Integration through Action Learning Projects & Presentations 7

10 The IEDP UK & Uganda 2011 Programme Overview of the programme The BANKSETA IEDP to be run at Wits Business School and Cass Business School, London is designed to fast track careers of participants through an innovative mix of peer to peer learning, simulations, Action Learning Projects (ALP) and cutting edge management theory. The modules run at Cass Business School in London will provide a practical insight into various aspects of banking with an emphasis on retail banking and will cover such aspects as transactional banking, risk management, foreign exchange dealings, private asset management and relationship banking. A three day study tour to Kampala, Uganda will provide participants with an understanding of the opportunities and challenges facing banks in this country. The Wits Business School/Cass IEDP strives to turn knowledge into action. To this end the programme has a strong focus on the individual participant and includes coaching to ensure that goals formulated by the participants on the programme are implemented back at work. The programme promises to be a life changing experience and one that will lay the foundation for rapid career advancement. What to expect from the programme? Wits Business School, Johannesburg: The teaching approach at Wits is very interactive with extensive use made of case studies and small group work to promote a thorough understanding of the course content. The following will be covered. Personal development workshop at the start of the programme participants will engage in two days of interactive group exercises and get feedback on their performance both from facilitators and from their colleagues. This process will help participants set goals for themselves for what they want to achieve back at work. The academic modules will include a selection from the following topics: o Banking and financial services in South Africa o Leadership vision into action o Corporate strategy o Marketing and brand management o Strategic finance o Economics the South African and international business environment o Risk taking and decision making o Corporate governance o Information and communication technology o Talent Management - Managing People in the New World of Work o Operational Management Benchmarking the Best o IInnovation and entrepreneurship. 8

11 Cass Business School, London The Cass Business School is highly rated in the financial world and is situated at the hub of the City of London and therefore well placed to provide a global perspective on best practices in banking. Their approach is very much one of engaging with experts from various financial institutions in the City of London to provide first hand and up to date insights for the participants. The topics covered in London will include a selection from: Banking industry overview Global banking systems Trends in transactional banking Managing credit card portfolios Non-bank retail banking Bank systems - Competition and crisis Credit risk and loan portfolio assessment Peer-to-peer workplace learning sessions (host bank visits) Simulations. Action Learning Projects As part of the programme participants will be allocated to small groups called syndicates who will then undertake an Action Learning Project (ALP) on an opportunity or a problem which is faced by the South African banking industry. The syndicates will work together on this problem with the help of an academic marker from Wits Business School, and at the end of the programme will present their findings to a panel of judges drawn from the executive management of South African banks. The Action Learning Projects allow participants to apply what they have learnt on the programme to their own work situations. 9

12 IEDP Programme Partners All questions pertaining to the programme and the related processes should be directed to 10

13 Please direct all enquiries to Address Thornhill Office Park, Block 15, 94 Bekker Road, Midrand, 1685 PO Box 11678, Vorna Valley, 1686 Telephone Facsimile Call Centre