THE EXECUTIVE DEVELOPMENT PROGRAM

Transcription

1 THE EXECUTIVE DEVELOPMENT PROGRAM The Transition to General Management MAY 16 27, 2016 / SEPTEMBER 12 23, 2016

2 MAKE THE CHICAGO APPROACH YOUR OWN Simply put, the Chicago Approach builds you up. The Executive Education curriculum, faculty, and community are all designed to support and strengthen you every day. Every step of your advancing career. It gives you the agility to navigate the complexity of leading in a world of constant change, the acumen to inspire high-impact ideas through purposeful inquiry, the concepts for turning data into actionable insights, and the frameworks for multidimensional problem solving. Most importantly, it provides you with a mutually supportive community that collaborates in the spirit of helping you succeed even further in your own way. It all comes together through the Chicago Approach that s empowering leaders who are creating enduring impact in the world. WHAT MAKES CHICAGO BOOTH THE BEST PLACE TO ADVANCE YOUR CAREER? Consistently ranked among the top programs in the United States and worldwide, Executive Education at Chicago Booth is founded in the same educational philosophy as our MBA, Executive MBA, and PhD Programs. It is a fundamentals-based understanding of how organizations function, how markets work, and how people make business decisions. In our Executive Development Program (EDP), ideas compete and people collaborate. After being immersed in this program, you will leave Booth prepared to face any business challenge in your career. You get access to cutting-edge, Nobel Prizewinning research Our faculty redefined the science of the stock market, originated the study of modern finance, pioneered database marketing, and defined the concept of social capital. Booth continues to shape the way the world does business. You learn from highly regarded professors with real-world expertise Booth professors and practitioners collaborate and consult with firms, serve on corporate boards, and start their own companies. Government and business leaders worldwide seek them out for their expert analysis and advice. With their masterful mix of theory and application, you can start applying what you learn immediately. You will build a strong network that lasts a lifetime Our programs attract some of the brightest and best senior executives from across the world. After learning from each other in a confidential environment, you ll create close bonds and networks you can tap into throughout your personal and professional life. THE EXECUTIVE DEVELOPMENT PROGRAM: THE TRANSITION TO GENERAL MANAGEMENT (EDP) This intensive two-week international program prepares successful functional-level executives for the critical transition to general management. WHO SHOULD ATTEND? Experienced managers from large publicly held companies, private corporations, and smaller organizations, who have been identified by their organizations as executives who have recently assumed greater responsibilities within their companies. WHY ATTEND? As a participant in our Executive Development Program, you will enhance your understanding of key functional areas and their interconnection, as well as enhance the skills needed to lead cross-functional teams. EDP provides participants with the critical capabilities to lead in an ever-changing global business environment. EDP focuses on how to think, not what to think. Participants will concentrate on facts and data in order to: Evaluate the ideas that will shape business tomorrow Analyze and produce creative and imaginative solutions to real-world problems Expand field of vision beyond a particular functional area or industry KEY BENEFITS OF THE PROGRAM Develop frameworks that foster more effective decision making Enhance skills to influence and lead crossfunctional teams Learn how to assess your organization s financial strategy and predict future conditions Gain insights into the processes and structuring of negotiations Know how to apply the most appropriate leadership approach for the situation Better understand approaches to market segmentation and positioning Sharpen ability to recognize key strategic issues Learn how to identify and exploit opportunities to create value Attain techniques to improve your organization s strategic planning process Be able to effectively interpret and evaluate financial data to make better business decisions PROGRAM DETAILS SCHEDULE/DATES May 16 27, 2016 September 12 23, 2016 PROGRAM FEE USD $23,850 Includes tuition, course materials, and lunches. Accommodations are not included. Note: Program, instructors and fee are subject to change.

3 ADVANCE YOUR CAREER TO THE NEXT LEVEL Over the course of two weeks, you will engage in a variety of collaborative sessions designed to refine and deepen your skill base in the critical areas of finance, strategy, marketing, negotiation, and leadership. EXECUTIVE DEVELOPMENT PROGRAM SESSIONS OUTLINE AGILE LEADERSHIP Discover a time-tested, behavioral model of how to best influence the performance of individuals and groups. Identify which behaviors to use as you engage in the process of influencing others. Understanding the difference between managing and leading Diagnosing the situation: the task at hand and the individual or group s ability and willingness to perform STRATEGY AND IMPLEMENTATION Break down the core elements of business strategy. You will identify the key strategic issues for your organization through proven techniques. Using scenario planning as a powerful tool for identifying opportunities, and to test alternatives Mapping the key elements of the end-toend strategic planning process Understanding business model innovation and the role of disruptive technology EXECUTIVE DECISION MAKING AND NEGOTIATION Using the latest advancements in the field, you will learn how to recognize and overcome common pitfalls in negotiation and decision-making processes, utilize creative problem-solving tactics, and develop strategic frameworks for making sound decisions. Exploring the psychology of judgment and the decision-making process Framing decisions structuring problems to reach appropriate decisions Creating value and improving negotiation outcomes Adapting leadership style to the situation STRATEGIC MARKETING MANAGEMENT ACCOUNTING AND FINANCIAL ANALYSIS Explore the impact of accounting choices on external financial reporting. You will also examine the role of financial statement analysis in the evaluation of the firm and in the prediction of its future condition. Revenue recognition and accounting choices Financial statement analysis, forecasting, and working capital management Cost allocation insights Strategic marketing involves identifying which customers your organization should serve, which products and services it should offer them, and how you ll deliver the products and services. This session will provide an analytical framework for these decisions allowing you to maximize your organization s return on marketing expenditures. Customer acquisition and retention Building and managing strong brands Developing market positions not readily duplicated by competition A mix of an outstanding faculty and senior experienced participants created an environment of discussion of new ideas to be applied immediately on the job. JOSÉ INES VILLAREAL PROGRAM LEADER, NEMAK, GARCIA, NUEVO LEÓN, MEXICO INTERPERSONAL DYNAMICS AND ORGANIZATIONAL EFFECTIVENESS Successful leadership requires an understanding of the factors that influence interpersonal dynamics. Learn what shapes your own behavior and the behavior of others. Understanding the key elements of individual and organizational learning Examining the relationship between individual behavior and organizational performance MANAGERIAL FINANCE Increase your understanding of current analytical practices and techniques using a financial approach to managerial decision making. Issues involving financing decisions, investment decisions, mergers and acquisitions, and financial restructuring are discussed within the context of a firm s overall strategic objectives. Investment and financing decisions assessing the financing strategy for the firm REGISTER TODAY: ChicagoBooth.edu/ExecEd Managing the factors that drive group behavior Risk, return, and the cost of capital

4 EDP 2016: PROGRAM AGENDA Guided by our world-class faculty, every EDP session will engage, energize, and elevate you. Group lunches, dinners, and our social outing provide more opportunity to strengthen the connection with your international peers and grow your professional network. WEEK 1 8 AM 9 AM 10 AM 11 AM 12 PM 1 PM 2 PM 3 PM 4 PM EVENING MONDAY Executive Leadership Lunch Understanding Financial Statements Class Dinner TUESDAY Interpersonal Dynamics Lunch Interpersonal Dynamics: Team WEDNESDAY Strategic Leadership Lunch Competitive Advantage Group Dinner (optional) THURSDAY Strategic Marketing Lunch Strategic Leadership Group Social Outing FRIDAY Decision Making Working Lunch SATURDAY Making Investments Lunch WEEK 2 8 AM 9 AM 10 AM 11 AM 12 PM 1 PM 2 PM 3 PM 4 PM EVENING MONDAY Strategic Marketing Lunch Strategic Brand Management TUESDAY Leadership as an Executive Working Lunch Leadership Styles WEDNESDAY Strategic Leadership Lunch Strategic Leadership THURSDAY Understanding Accounting within Organizations Lunch Measuring Performance of People and Businesses Group Dinner (optional) Group Dinner (optional) Group Dinner 6:00pm The Chicago Booth learning experience has been the most relevant and immediately useful that I ve encountered. I was able to directly apply the learning from the program to set a new and successful direction for our division using the tools and experiences shared with my classmates. FRIDAY Understanding Accounting within Organizations Certificate Ceremony PAUL MCBRIDE, DIRECTOR OF INTERNATIONAL OPERATIONS, LIONBRIDGE TECHNOLOGIES, BALLINA, IRELAND

5 MEET YOUR EDP COLLEAGUES Over 70 percent of the program s participants are international, creating a diverse group of experienced managers which provides rich peer learning opportunities. EXPAND YOUR KNOWLEDGE AND YOUR NETWORK Participants in the Executive Development Program represent a mix of large publicly held companies, private corporations, and smaller organizations. The class participants represent a wide variety of industries including manufacturing, services, finance, transportation, healthcare, not-for-profit, and government. The class is well represented by participants from North America, South America, Africa, Asia, and Europe. Executives usually have expertise in one or more functional areas or may already be leading organizations that are in the process of expanding. Participants also include entrepreneurs, presidents, and owners of small companies with growth potential. CONNECT AT CHICAGO BOOTH A TRULY GLOBAL BUSINESS SCHOOL The University of Chicago Booth School of Business is the only business school with permanent campuses on three continents: North America, Europe, and Asia. Our international reputation helps attract the best and brightest faculty, and creates an invigorating global mix of senior executives in EDP. Senior Management PARTICIPANT PROFILE Participants typically have a minimum of 10 years business experience with some managerial and leadership background. COMPANIES RECENTLY REPRESENTED BY EDP PARTICIPANTS Barclays BBVA Biogen Idec Boston Scientific Bradesco Cemex Chick-fil-A Computer Sciences Corporation ConAgra Dell Deloitte Delphi Discover Eli Lilly and Company Exelon Fauji Fertilizer Fidelity Investments Fujitsu GE Healthcare Government of Hong Kong Hitachi HSBC Itochu John Deere Johnson Controls Lafarge KPMG Maersk Mitsubishi Mitsui & Co. Nigeria Deposit Insurance Company Pfizer Rockwell Collins Sara Lee Stryker Teva Pharmaceuticals UPS Western Union Vale Vodafone Upper/Middle Management Less than $100M 24% 43% $100 to 249M MANAGEMENT LEVEL 46% COMPANY SIZE BY SALES VOLUME 14% 46% 11% 11% More than $1B 10% $250 to 499M Middle Management $500 to 999M Healthcare & Professional Services Mining, Oil & Gas 16% 16% Transportation INDUSTRY 12% 8% 32% Manufacturing Construction Wholesale Trade Retail Trade Finance, Insurance & Real Estate The program makes you rethink the way you evaluate and analyze a situation and provides alternatives for making better decisions. FELIPE LAZZARI, COMMERCIAL DIRECTOR, TRAMONTINA, CARLOS BARBOSA, BRAZIL 8% 4% 4%

6 LEARN FROM THE WORLD S BEST BUSINESS PROFESSORS The faculty are highly skilled and experienced individuals who were able to easily migrate from theory to practice. JACOBE ADE AFOLABI, DEPUTY DIRECTOR, NIGERIA DEPOSIT INSURANCE CORPORATION, ABUJA, NIGERIA BOAZ KEYSAR PROFESSOR OF PSYCHOLOGY EXPERIENCE A DYNAMIC TEACHING APPROACH THAT BUILDS YOU UP Collaborating with our highly regarded faculty gives EDP participants an exceptional opportunity to push personal boundaries and challenge themselves in a collaborative, supportive environment that s unlike any other. Professors present topics in a variety of ways including lectures, case studies, and small group discussions using a range of media. They also encourage vigorous debate and collaboration to determine which ideas stand up to the rigor of intellectual inquiry. CORE FACULTY TEAM Phillip G. Berger Wallman Family Professor of Accounting, Chicago Booth Dr. Berger is a specialist in financial accounting, corporate finance, and taxation with particular expertise in applying these fields to firm valuation, corporate disclosure strategies, corporate restructuring, and mergers and acquisitions. His teaching interests revolve around financial accounting, financial statement analysis, and finance. Prior to joining Booth, Professor Berger was a faculty member at The Wharton School of the University of Pennsylvania and served as a visiting associate professor at MIT s Sloan School of Management. PhD and MBA, University of Chicago Work has been widely published in accounting and financial journals, including The Accounting Review, Journal of Accounting & Economics, and Review of Financial Studies. Recipient of several teaching awards and research prizes, including the Journal of Financial Economics All Star Paper Award Linda E. Ginzel Clinical Professor of Managerial Psychology, Chicago Booth Professor Ginzel has been a member of the Booth faculty since 1992 and is the founder of Corporate Education at the University of Chicago. For nearly a decade, she was responsible for leading this educational enterprise. Her research has centered on social cognition and interpersonal dynamics, especially regarding the social psychology of organizational behavior. She held previous faculty appointments at both Stanford Graduate School of Business and Northwestern University s Kellogg School of Management. MA and PhD, Princeton University Frequent speaker who teaches MBA courses in leadership, managerial psychology, and negotiation skills Recipient of several teaching awards, including Impact Professor in 2014 and 2013 Global Hillel Einhorn Teaching Award Boaz Keysar Professor of Psychology, The University of Chicago Dr. Keysar is the chair of the Cognition Program at the University of Chicago. His research centers on the psychology of communication, investigating how people communicate and why they miscommunicate. His research has been published in major scientific journals. Before joining the faculty at the University of Chicago in 1991, Dr. Keysar held teaching positions at Stanford University and Princeton University. MA and PhD, Princeton University Work has been published in major scientific journals Chair of the Cognition Program at the University of Chicago Chad Syverson J. Baum Harris Professor of Economics, Chicago Booth Professor Syverson joined the Chicago Booth faculty in His research spans several topics, with a particular focus on the interactions of firm structure, market structure, and productivity. His research has been published in several top journals and has earned multiple National Science Foundation awards. Professor Syverson also co-authored (with Austan Goolsbee and Steve Levitt) an intermediate-level text, Microeconomics. MA and PhD, University of Maryland Associate editor of the Rand Journal of Economics and editorial board member of the B.E. Journal of Economic Analysis & Policy Earned several National Science Foundation Awards, Olin Foundation Grants, and a Brookings Dissertation Fellowship Ann L. McGill Sears Roebuck Professor of General Management, Marketing, and Behavioral Science, Chicago Booth Dr. McGill joined the Chicago faculty in 1997 and served as the deputy dean for the Full-Time MBA Programs from 2001 to She teaches MBA level classes in marketing management and a doctorallevel marketing workshop. Her research focuses on consumer and manager decision making with special emphasis on causal explanations, comparative processes, and the use of imagery in product choice. Dr. McGill has also held faculty positions at New York University and Northwestern University. PhD, University of Chicago Work has been widely published in leading journals Recipient of the prestigious McKinsey Award for Excellence in Teaching

7 PROGRAM ADMISSIONS If you are ready to build on your success, challenge yourself, and take your career to the next level, Chicago Booth is ready for you. ADMISSIONS CRITERIA The candidate s level and type of experience are important characteristics for the EDP admissions committee: Participants usually have expertise in one or more functional areas or may already be leading organizations that are in the process of expanding. Includes entrepreneurs, presidents, and owners of small companies with growth potential. Have a minimum of 10 years business experience with some managerial and leadership background. Proficiency in written and spoken English is required for successful participation in the course. Each candidate must submit a completed application form. For your convenience, an online application is available on our website. To ensure your place in the program and to receive your pre-program materials in a timely manner, please send your application at least six weeks prior to the program s start date. Late applications will be considered in the event that space is available. Sponsors and applicants are encouraged to contact us at for more information about the program or application process. CERTIFICATE The Executive Development Program awards a certificate upon the successful completion of the program. REGISTER APPLY TODAY: TODAY: ChicagoBooth.edu/ExecEd ChicagoBooth.edu/ExecEd COST The fee for the Executive Development Program is $23,850. This fee (payable in US dollars) covers tuition, class materials, breakfast, coffee breaks, lunch on class days, and a few planned dinners. Payment is due upon receipt of the invoice. PROGRAM CANCELLATION POLICY To receive a full refund of tuition, written notice of cancellation must be received more than 30 days in advance of the program start date. Registrants canceling within 30 days of the program start date will be charged 25 percent of the program fee. No refunds will be given if withdrawal is made after the start of the program. TRANSFER REQUESTS Requests received within 30 days of the program start will be subject to a $200 transfer fee to cover administrative costs. Any late transfers followed by a cancellation will be charged 25 percent of the program fee. Transferees will have a period of one year from the date of their transfer request to attend a subsequent seminar offering. After a one-year period, tuition fees will be forfeited. Transferees will be required to pay fee increases, should any take place. The University of Chicago reserves the right to change seminar arrangements without notice. This includes, but is not limited to, curricula, courses, faculty, tuition, fees, policies, and rules. The most comprehensive business program. It sharpened my mind for a new phase in my career. SULIMAN KAKISH FINANCIAL MANAGER, UNION INVESTMENT CORP., AMMAN, JORDAN APPLICATION FOR ADMISSION THE EXECUTIVE DEVELOPMENT PROGRAM o Date: May 16 27, 2016 Location: CHICAGO The University of Chicago Booth School of Business Fee: USD $23,850 (This fee does not include room and board.) o Date: September 12 23, 2016 Location: CHICAGO The University of Chicago Booth School of Business Fee: USD $23,850 (This fee does not include room and board.) PERSONAL DATA Please type or print all responses. o Mr. o Ms. o Dr. Name (for roster, certificate) last first middle Name (for name badge) Job Title of Present Position Company Name Company Address Street address required for carrier deliveries (please indicate zip code/postal code) Country Company Telephone (area code & number) Facsimile (area code & number) PRESENT OCCUPATION Please describe your current duties and responsibilities. To whom do you report? (name and title) Annual compensation (including bonus compensation) EDUCATION most recent first School Degree Year Field of Specialization INSTRUCTIONS Please complete, duplicate, and fax or mail this form to: The University of Chicago Booth School of Business 450 North Cityfront Plaza Drive Suite 514 Chicago, IL Apply online: ChicagoBooth.edu/ExecEd Telephone: Fax: Applications are requested at least six weeks prior to the commencement of the program. Late applications may be considered if space is still available in the program. For cancellation details, please refer to the instructions on page 12 of this brochure. All fees are due and payable via wire transfer or by check in US funds in advance upon confirmation of registration. Invoices will be sent directly to the participant unless otherwise noted. Fees include tuition, books, and instructional materials, but not room and board. To opt out of this mailing, [email protected] or call

8 AREAS OF PREVIOUS EXPERIENCE List those areas which you would be willing to have in-depth discussions with other participants. Code your degree of experience with A meaning extensive; B meaning moderate; C meaning little; D meaning none at all. Corporate Strategic Planning Human Resource Management External Affairs Financial Analysis and Management Marketing Planning and Management Technology Management Capital Budgeting International Business Management Other (specify) Information Systems & Computer Technology ORGANIZATION DESCRIPTION Name of parent company (if applicable) Parent company website Are you a: o Goods Producer o Service Producer Are your clients: o Businesses o Consumers Parent company annual revenues (in USD) $ Number of employees in parent company Number of employees in your subsidiary / division Subsidiary / division annual revenues (in USD) $ Number of personnel you manage directly Budget responsibility / assets you manage (in USD) $ PROFESSIONAL OBJECTIVES Please describe your objectives and goals as they relate to attending this program. BILLING INFORMATION (IF DIFFERENT FROM ABOVE) What industry are you in? o Manufacturing/Consumer o Manufacturing/Industry o Financial Services/Insurance o Restaurant/Hotel o Telecommunications/Information o Transportation o Utility o Retail o Petroleum/ o Pharmaceutical Oil/Gas o Other What function do you perform in your organization? o Accounting o Finance o General Management o Human Resources o Management Info. Systems o Production o Engineering o Research & Development o Marketing o Sales o Legal o Operations LOCATION AND ACCOMMODATIONS Sessions are held at Chicago s Gleacher Center, 450 North Cityfront Plaza Drive, on the north bank of the Chicago River in the heart of the downtown area known as the Magnificent Mile. Gleacher Center offers an ideal setting for academic programs with state-of-the-art classrooms and exceptional cuisine catered by Wolfgang Puck Catering. For our out-of-town participants, Chicago Booth reserves a block of rooms at various hotels in close proximity to Gleacher Center. Participants must directly contact the appropriate hotel at least three weeks prior to the program s start date. After this time, the hotels cannot guarantee accommodations. The University of Chicago Booth School of Business 450 North Cityfront Plaza Drive, Suite 514 Chicago, Illinois USA Contact Name Company Dept./Name Company Address, please indicate zip/postal code and country PERSON IN CHARGE OF EXECUTIVE/MANAGEMENT DEVELOPMENT FOR YOUR COMPANY Contact Phone/ [email protected] Phone: Fax: PROGRAM DATES AND FEES May 16 27, 2016 USD $23,850 September 12 23, 2016 USD $23,850 Name Position/Title Fees include tuition, course materials, lunches, and breaks. Accommodations are not included. Company Name Street Address City State Country Zip/Postal Code Business phone

9 LEARN MORE ABOUT THE UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS EXECUTIVE EDUCATION ChicagoBooth.edu/ExecEd CONTACT US 450 NORTH CITYFRONT PLAZA DRIVE, SUITE 514 CHICAGO, ILLINOIS