REAL WORLD. REAL LEARNING G L O B A L L E A D E R S H I P PROGRAM FOR EXECUTIVE DEVELOPMENT Transforming emerging global leaders NEW PROGRAM STRUCTURE IN OPEN PROGRAMS WORLDWIDE Financial Times rankings 2012, 2013 & 2014
WHAT WHO As a functional manager, you ve already successfully overcome the first difficult transition in your career going from being an individual contributor to managing a team. But are you prepared for the second difficult transition of stepping into a business leadership position, where you move out of your area of expertise to manage multiple functions, or a number of countries, or a number of businesses? Overnight the level of complexity you face will dramatically increase. As an emerging global leader, you ll need to navigate increasing complexity and engage a wider scope of stakeholders to make positive change happen in your organization. You ll need to go from providing answers to extracting answers from others. You ll go from benchmarking others doing similar activities to extrapolating principles that you can apply from activities, companies, countries and even industries far from your comfort zone. IMD S PROGRAM FOR EXECUTIVE DEVELOPMENT WILL HELP YOU:» Acquire the key concepts and capabilities needed to manage the difficult and challenging transition to business leadership» Understand how to provide a guiding vision, how to pull together various functions, businesses or country teams to create value» Leverage the strengths of the different members of your team In addition to being the second-most difficult transition, this career evolution is also the gateway to senior global leadership responsibilities. If you don t excel at making the step to business leader, you may not be offered the chance to move into executive positions. IMD s Executive Development is for experienced functional managers who have recently transitioned or will soon transition into business leadership positions. Participants generally have 10 or more years of relevant management experience. HOW The Executive Development comprises two parts, Foundations for Business Leadership and Transition to, each of which can also be taken as stand-alone programs. LEARNING JOURNEY PROGRAM FOR EXECUTIVE DEVELOPMENT Foundations for FBL PED Transition to TBL Diploma
FOUNDATIONS FOR BUSINESS LEADERSHIP You will develop the essential set of cross-functional skills and capabilities that business leaders must possess in order to be successful on the job. Program Co-Director Benoît F. Leleux Belgian Stephan Schmidheiny Professor of Entrepreneurship and Finance PhD INSEAD Foundations for FBL PED Transition to TBL Diploma FOUNDATIONS FOR BUSINESS LEADERSHIP (FBL) WILL HELP YOU:» Strengthen your knowledge and understanding of key business functions» Become aware of how value is created by integrating functions» Master the application of these new and enhanced capabilities to complex business issues» Gain a deeper understanding of strategy implementation challenges» Get assessed on your understanding of business fundamentals, and your effectiveness as a team member Foundations for will challenge you to stretch beyond your past experiences and skills to build an enduring cross-functional foundation that will enhance your value to your company and boost your career opportunities. Program Co-Director Leif M. Sjöblom Finnish Financial Management PhD Stanford University Visit www.imd.org/fbl for the full list of Faculty teaching on the program. I strongly recommend you join IMD s if you are interested in entering a new level of awareness, learning how to stand and deliver and how to create a vision for your people. Matteo Casagrande Factory Manager and Member of The Board I.L.M.E. SPA Italy
You will study the core functions and processes of a global organization: Business model innovation and entrepreneurship Marketing and operations GLOBAL ORGANIZATION Finance and accounting Ethics and sustainability Strategy and industry analysis PROGRAM THEMES During Foundations for, we will take you through a crossdisciplinary exploration of the key challenges faced by organizations and their business leaders today and most likely in the future. And we will use this context, to develop your skills and integrate business fundamentals:» How to respond to changes in customer needs» Driving business model innovation» Managing complex organizations» Leveraging globalization» Industry trends and business trends» Uncertainties in the economic climate» Technological evolutions and their impact on business
TRANSITION TO BUSINESS LEADERSHIP You will learn how to develop and implement a business strategy, and integrate the work of multiple functions to achieve superior business results. Program Co-Director J. Stewart Black American Global Leadership and Strategy PhD University of California, Irvine Foundations for FBL PED Transition to TBL Diploma TRANSITION TO BUSINESS LEADERSHIP (TBL) WILL HELP YOU:» Assess your strengths and development priorities relative to leading a business» Formulate and implement a business strategy» Design and structure business units to deliver results» Build and lead cross-functional teams» Create clear and compelling visions» Make more effective decisions for the business as a whole» Cultivate your executive presence and ability to communicate and inspire» Lead change and organizational transformations more effectively Program Co-Director Michael Watkins Canadian Leadership and Organizational Behavior PhD Harvard University Visit www.imd.org/tbl for the full list of Faculty teaching on the program. IMD s PED program has really delivered on my high expectations, transforming me from a functional manager to a true business leader of cross-functional teams. It has calibrated my leadership compass and boosted my impact as a business leader. The quality of Faculty teaching is extremely high as are the motivation and synergy of the peer participants. Thomas Flarup Senior Vice President, Solution Sales TDC Business Denmark
LEARNING JOURNEY Personal Leadership Development Plan PRE-PROGRAM MODULE 1 INTER-MODULE MODULE 2 POST-PROGRAM 360 ASSESSMENT TWO WEEKS FACE-TO-FACE APPLICATION TWO WEEKS FACE-TO-FACE APPLICATION Assessment of strengths and development priorities Effective business leadership Understanding the business leader role Vision and strategy Stakeholder management Personal leadership»» development» application Organizational development application Leading change Executive presence Integrative simulation» Executive coaching follow-up Peer coaching IMD follow-up Organizational Change Project PREPARATION You will use IMD s virtual program platform to complete the required pre readings and a 360 assessment designed specifically for the program. MODULE 1 Understanding the business leader role During this module, you will receive feedback and coaching from highly experienced executive coaches based on the 360 assessment completed in the pre program preparation. You will explore the capabilities leaders need to run business units and create a plan for your personal development. You will learn how to assess the competitive environment and create a vision and strategy for a complete business. You will explore how to manage multiple stakeholders such as governments, regulators, customers, suppliers, NGOs and employees and learn to diagnose the architecture, structure, systems, capabilities and talent of business units. You will also focus on developing the executive presence necessary to be effective as a business leader. INTER-MODULE DISTANCE LEARNING You will put into practice the personal and organizational insights gained in Module 1, and will receive follow-up consulting support from your executive coach. You will also engage in discussions with your peers about your change project, and track each other s progress through use of the IMD virtual program platform.
MODULE 2 Leading change In this module you will learn to lead change in organizations and develop your capabilities to influence, negotiate, communicate and manage conflict. In the process, you will apply these new learnings to advance your organizational change project. Finally, you will experience the full complexity of leading a business and integrating multiple functions to deliver business results through participation in a comprehensive business simulation. By the end of the program, you will have created a plan for undertaking a substantial change project in your current organization and a personal leadership development plan, which you will implement after Module 2. POST-PROGRAM DISTANCE LEARNING The real return on investment comes as you put what you have learned into practice. To ensure this, you will have a follow-up with your executive coach on your progress with your personal development action plan and with IMD Faculty on your organizational development plan. Contact your Program Advisor to find out more at: +41 21 618 07 00 or info@imd.org. DIPLOMA The may seem like a serious amount of time and commitment, and it is. But even though you have spent 10 or more years building up successful patterns to this point in your career, unfortunately, what got you here will not get you there. Letting go of old patterns and acquiring new capabilities is not accomplished overnight. You can earn a diploma by successfully completing proficiency exams taking place after both Foundations for Business Leadership (FBL) and Transition to (TBL). IMD s PED program will help you make a smooth transition from a specialist to a generalist role by unlocking innovative and courageous business leadership approaches in sync with times and business needs. Completing the diploma through exams after each part of the program, helps you assess and consolidate what you have learned. Rahul Vashistha Executive Officer Group Head Procurement Group Nestlé Japan Ltd Japan
WHERE Delivered primarily at IMD Lausanne, Switzerland, 40 minutes by road or rail from Geneva International Airport and other key locations. WHEN FBL DURATION: 3 WEEKS (20 INTENSIVE DAYS INCLUDING WEEKENDS). OFFERED 4 TIMES A YEAR. TBL DURATION: TWO MODULES OF 2 WEEKS EACH. OFFERED 4 TIMES A YEAR. FBL 1 Jan. 24 Feb. 12 2015* FBL 2 Apr. 18 May 7 2015* FBL 3 Aug. 8 27 2015* FBL 4 Oct. 24 Nov. 12 2015* FBL 1 Jan. 9 28 2016* FBL 2 Apr. 9 28 2016* FBL 3 Aug. 13 Sep. 1 2016* FBL 4 Oct. 29 Nov. 17 2016* TBL I Mod. 1 Mar. 2 13 2015* Mod. 2 Apr. 20 May 1 2015* (Tuck School of Business, Hanover, USA) TBL II Mod. 1 Mar. 23 Apr. 3 2015* Mod. 2 May 18 29 (Singapore) 2015* TBL III Mod. 1 Jul. 13 24 2015* Mod. 2 Oct. 19 30 2015* TBL IV Mod. 1 Nov. 16 27 2015* Mod. 2 Jan. 25 Feb. 5 2016* TBL I Mod. 1 Feb. 15 26 2016* Mod. 2 May 2 13 2016* (Tuck School of Business, Hanover, USA) TBL II Mod. 1 Apr. 4 15 2016* Mod. 2 Jun. 20 Jul. 1 (Singapore) 2016* TBL III Mod. 1 Jul. 11 22 2016* Mod. 2 Oct. 17 28 2016* TBL IV Mod. 1 Nov. 14 25 2016* Mod. 2 Dates to be confirmed 2017* Fee 2015: CHF 55,000* THE PROGRAM FEE INCLUDES 1 MONTH PRE-PROGRAM, 1 MONTH INTER-MODULE AND 3 MONTHS POST-PROGRAM DISTANCE LEARNING SUPPORT FOR THE TBL PROGRAM. Tuition, teaching materials and lunch are also included for the PED program. *IMD reserves the right to modify the program dates, location and fee at any time.
IT IMD s (PED) prepares experienced functional managers, who have recently transitioned or will soon transition into business leadership, through a capability building and personal transformation journey:» Acquire the key concepts and capabilities needed to manage the difficult and challenging transition to business leadership» Understand how to provide a guiding vision, how to pull together various functions, businesses or country teams to create value» Leverage the strengths of the different members of your team» Earn a Diploma OVERVIEW OF PROGRAM TOPICS Relative time spent per topic in the program. For illustrative purposes only. Political Economy Strategy Economics/ Industry Analysis Marketing Innovation Finance Operations Sales STRATEGIC LEADERSHIP HR EXECUTION LEADERSHIP Governance Sustainability STAKEHOLDER LEADERSHIP PED LEADERSHIP PERSONAL Design Organization Communications Negotiations Team Leadership Interpersonal Leadership Self Leadership Ethics IMD is the expert in developing global leaders. Find out how we can help you on your global leader journey at: www.imd.org/global-leader.
REAL WORLD. REAL LEARNING IMD is ranked in executive education worldwide (Financial Times 2008 2014) and in open programs worldwide (Financial Times 2012, 2013 & 2014). The IMD Difference IMD is a top-ranked business school. We are the experts in developing global leaders through high impact executive education. Why IMD?» We are 100% focused on real-world executive development» We offer Swiss excellence with a global perspective» We have a flexible, customized and effective approach www.imd.org FURTHER INFORMATION For more details, visit: www.imd.org/ped or contact a Program Advisor at +41 21 618 07 00. APPLICATIONS Application and tentative reservation forms can be found online at: www.imd.org/ped. ALUMNI BENEFITS As a former participant in an IMD program, you gain membership to our Alumni Network, with more than 80,000 members worldwide, and have access to a number of alumni benefits. Find out more at: www.imd.org/alumni. FOLLOW US ON Chemin de Bellerive 23 P.O. Box 915 CH-1001 Lausanne Switzerland Central tel: +41 21 618 01 11 Central fax: +41 21 618 07 07 info@imd.org IMD and IMD INTERNATIONAL REAL WORLD. REAL LEARNING are trademarks of IMD International Institute for Management Development. Concept and design: Magic Pencil; Photography: Régis Colombo, Nate Henderson, Richard Juilliart, Oliver O Hanlon, Thierry Porchet, Yves Ryncki, Jean Scheim (Black and White) IMD 2015