IIM IndoreExecutive Programme in Strategy & Leadership

for Senior Professionals (Batch 01)

IIM IndoreExecutive Certificate Programme in Strategy

& Leadership for Senior Professionals (Batch 01)

“Leadership is a potent combination of strategy and character.” — Norman Schwarzkopf

Organisations, largely, have leaders with strong operational skills. However, only a few of them possess the know-how and confidence to deal with strategic problems arising on the way forward to organisational growth and transformation.

A 2015 PricewaterhouseCoopers study of 6,000 senior executives revealed that only 8% of the respondents were Strategic Leaders (strategy-business.com).

Strategic leaders challenge the prevailing view; lay the course for change; and lead with advocacy, engagement and command.

10 Principles of Strategic Leadership

IndexStrategy & Leadership: Hits and Misses

The Future Leader

Skills Essential for Strategic Leadership

Programme Overview

Programme Learning Objectives

Programme Highlights

Programme Content

Programme Delivery

Eligibility Criteria

Evaluation and Certification

Programme Directors

Fees, Instalment Schedule and Important Dates

About IIM Indore

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Few organisations have good leaders, but do not have a good growth strategy in place. On the other hand, some have a great strategy, but fail on the leadership front. Hence, it is imperative to have an integration of the two – STRATEGY and LEADERSHIP. Let’s recall a few instances from business history.

STRATEGY & LEADERSHIP: HITS AND MISSES

Steve Ballmer was known to be a visionary and inspiring leader. But during his tenure with Microsoft, the company missed the bus on the Mobile Applications front, as ideas for mobile applications were set aside in favour of the desktop. This laid-back strategic decision at Microsoft opened the doors for many other mobile players in the industry. This is a classic example of good leadership with a lack of strategy.

Lacking on Strategy

By 1999, Nissan was facing losses for over a decade as a result of stagnation, leadership being focused on their personal growth and resistance to change. Nissan’s lack of strong leadership and myopic corporate culture ended up creating disadvantages for the company. Then Renault infused a cash of $4 billion into Nissan, and brought Carlos Ghosn into the picture, as the CEO. Ghosn’s leadership style and his approach to change, led to the building of a healthy relationship with employees, which laid the foundation for Nissan’s turnaround.

Lacking on Leadership

In 2005, when P&G acquired Gillette, experts thought that there was not much value left from the deal. But, A G Lafley, the then CEO, turned to his expert leadership team and board of directors and ended up creating a strategy that would keep Gillette going ahead in the years to come. Gillette started creating a whole new set of assorted products that went along with shaving equipment, and also created a better supply chain. The P&G leadership and their strategy together, gave a new direction to the company or brand.

A Combination of Strategy and Leadership

“Sometimes a strategic choice can limit the benefits of very effective leadership and vision.”

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– Harbir Singh, Co-Director, Mack Institute for Innovation Management

2Here are the findings of a 14,000-person LinkedIn member survey, conducted in partnership with Jacob Morgan, Futurist and Author, on the future of leadership skills, trends, etc.

THE FUTURE LEADERS

Percentage of participants who opined that Leading trends that leaders need to keep in mind are:• ARTIFICIAL INTELLIGENCE – 59%• PACE OF CHANGE – 36%• CUSTOMER DEMANDS AND EXPECTATIONS – 32%

Percentage of participants who said that Most In-demand Traits/Skills for Leaders are:• ETHICS and TRANSPARENCY – 30% • PURPOSE-DRIVEN and CARING MINDSET – 55% • INSPIRING - 51% • EMOTIONAL INTELLIGENCE – 39% • LISTENING and COMMUNICATION - 34%

Percentage of participants who echoed that Future Challenges for Leaders are:• Competition for top talent, attracting and retaining talent – 45%• Adapting to technological advancements – 44%• Reskilling and upskilling – 40%

Percentage of participants who opined on ‘How Prepared are the Current Leaders’:

56% – Leaders are SOMEWHAT prepared for future50% – Leaders are TAKING measures to prepare for the future51% – Leaders are currently NOT PRACTICING these skills59% – Leaders are NOT PREPARED for the future challenges

Source: news.linkedin.com

“As you reach the upper tiers of a company like ICICI, or a big hospital or a community organisation, you want people below you to think strategically and to exercise leadership.”

3The more unpredictable the environment, the greater the opportunity, if one has leadership skills to capitalise on it. Paul J. H. Schoemaker, Steve Krupp and Samantha Howland, through their research at Wharton School and at their consulting firm, identified the following skills that allow leaders to think strategically and navigate the unpredictable environments.

SKILLS ESSENTIAL FOR STRATEGIC LEADERSHIP

LEARN

Promote culture of inquiry and search

for lessons from successful and unsuccessful

outcomes

ANTICIPATE

Constantly vigilant, honing their ability

to anticipate by scanning the

environment for signals of change

ESSENTIAL SKILLS

ALIGN

Find common ground among

stakeholders with proactive outreach,

communication, trust building and

frequent engagement

DECIDE

Make tough calls with incomplete

information, and quickly, while

considering the trade-offs and taking short- and long-term

goals into account

INTERPRET

Elicit complex and conflicting

information, recognise patterns,

push through ambiguity, and seek

new insights

CHALLENGE

Question the status quo, challenge

assumptions and encourage divergent

points of view, examine a problem

through many lenses take decisive action

Source: hbr.org

- Chanda Kochhar, Former Managing Director and Chief Executive Officer, ICICI Bank

4The Executive Certificate Programme in Strategy & Leadership for Senior Professionals (ECPSLSP) builds critical capabilities required to lead and thrive in a world of increasing uncertainty and volatility. The programme helps senior professionals to expand their knowledge of technologies and trends and to leverage them in their organizations, while sharpening and expanding their leadership skills.

The programme enhances participants to get a better understanding of the businesses functions and develop actionable insights with improved strategic thinking & implementation. Senior Professionals will be able to strengthen their capabilities to lead and manage effectively teams & organizations and equips them to understand and respond to disruptive challenges effectively.

PROGRAMME OVERVIEW

5With ECPSLSP you will be able to understand and appreciate the nuances of ‘strategy’ and ‘leadership’, and develop critical capabilities to integrate both and lead your organisation towards success, effectively and efficiently.

Helps senior professionals to build critical capabilities required to lead and thrive in a world of increasing uncertainty and volatility

Develop the ability to apply the concepts, tools and techniques of economics in analysing and interpreting business scenario and take informed decisions for the growth of the organisation

Learn financial reporting and analysis, and formulate financial strategies taking into account the range of stakeholders, their interests, the capital structure of the organisation, the associated financial risks, etc.

Explore the complex relationship between organisational strategy, business, people management and leadership in the pursuit to promote and achieve strategic organisational goals and objectives

Update their knowledge of latest technologies and trends ranging from digitalisation, digital marketing, data analysis, supply chain technologies, etc., and leverage them to improve organisational performance

Sharpen and expand their leadership competencies, skills and behaviour that contribute to superior performance of self and organisation

Gain advanced multi-disciplinary knowledge of marketing, digitalmarketing strategy, operations, business analytics for better decision-making, etc.

PROGRAMME LEARNING OBJECTIVES

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6IIM Indore certification

upon successful completion

of the programme

Executive Education

Alumni status of IIM Indore

Contextually designed

one-year programme for

working executives

Classes over Interactive

Learning Platform via

Direct to Device (D2D) modeComprehensive curriculum

with Focus on real

business use cases

Programme faculty team

includes the best of the

domain experts

Networking opportunity

with a diverse

participant profile

PROGRAMME HIGHLIGHTS

7I. Business Economics and Financial Management - Macroeconomics for Managers - Financial Reporting & Analysis - Strategic Finance and Business Valuation

II. Marketing - Marketing Management - Marketing Strategy

III. Strategy - Strategy Formulation & Execution - Competitive Strategy - Digital Transformation - Design Thinking and Innovation

IV. Operational Excellence - Operations Excellence in Services and Manufacturing - Strategic Supply Chain Management

V. Leadership Competencies and HR Practices - Leading & Managing Change - High Performance Teams - Negotiations & Influencing - Communication with Impact - Organisation Behaviour & Design - Strategic Human Resource Management

VI. Working with Data - Business Analytics for Managers

PROGRAMME CONTENT

8 PROGRAMME DELIVERY

PedagogyThe pedagogy will be a judicious mix of lectures, case discussions, project

work, term papers, and assignments etc.

Duration of the Programme:12 months

Mode of Delivery:

Direct-to-Device (D2D) mode via online audio/video interactive platform. Courses will be delivered through on-line mode using an appropriate technology Synchronised platform. Lectures will be delivered through broadband based technology involving two-way audio and video communication. Sessions will be held once in a week, generally on weekends. Participants can attend sessions directly from their desktop/laptop (Direct-2-device). Participants will be provided reading materials, etc., for each course. They may also interact with the concerned faculty through e-mails/chat mode.

Campus Immersion3-Day campus immersion at IIM Indore and is mandatory for all participants to attend the campus module

Class Schedule:Two sessions will be held every Saturday. Each session shall be of 75 minutes duration. The normal timing of the sessions will be as follows:Saturday, First session : 03:00 PM to 04:15 PMSaturday, Second session : 04:30 PM to 05:45 PM

9• Diploma (10+2+3) or Bachelor’s Degree or equivalent (10+2+3 or 10+2+4) or 2 Years Master’s Degree or equivalent from a recognised university or institution approved by UGC/AICTE/DEB/AIU/State Government.

• Minimum 50% aggregate marks of all years in either Diploma or Bachelor’s Degree or Master’s Degree or its equivalent.

• At least 10 years of work experience post completion of qualifying education.

ELIGIBILITY CRITERIA

• Application and credentials

• The selection will be based in candidate’s profile evaluation

ADMISSION CRITERIA

Working Professionals or aspiring leaders with minimum of 10 years’

experience desiring to take up leadership roles in the organisation and/or

industry should take up this programme.

WHO SHOULD ATTEND

10Evaluation

Performance of participants will be monitored on a continuous evaluation basis through quizzes, assignments, tests and examinations. The participant is required to score minimum marks/grades as decided by the Institute from time to time to complete the course.

Attendance Criteria

Participants are expected to attend all sessions of a given course. However,

participants may take leave on account of emergencies, participation in

management festivals or co-curricular activities, etc., subject to the approval

of the Programme Coordinator. However, a minimum attendance of 75%

would be required for the final grading.

Certification

Participants receive course completion certificate of “Executive Certificate Programme in Strategy & Leadership for Senior Professionals” issued by IIM Indore for those who successfully complete the prescribed course of study and fulfil all other academic requirements.

The participants who will complete the programme successfully will be eligible for the Executive Education Alumni status of IIM Indore. They will require to apply separately along with the necessary fee to register their name. Benefits available to Executive Education Alumni:

• Communication of brochures and newsletters from IIM Indore

• Access to the IIM Indore Campus Library (onsite access only)

• Official email ID of the institute.

EVALUATION AND CERTIFICATION

11Prof. D L SunderProfessor – Department of Strategic ManagementIndian Institute of Management, Indore

PROGRAMME DIRECTORS

Dr. D.L.Sunder is a Professor in the area of Strategic Management and Entrepreneurship. He has 29 years of Industrial, Teaching and Consulting experience.

Prof. Sushanta Kumar MishraProfessor – Department of Organisational Behaviour and HRM Indian Institute of Management, Indore

He worked in various organisations like HMT Ltd., Indian Carburettors Ltd. etc., before moving to teaching. He served as faculty at Hindustan College of Engineering, and Sathyabama Engineering College before joining Regional Engineering College Tiruchirappalli, as Professor in the Department of Management Studies. He was Director, National Institute of Fashion Technology, Hyderabad before joining IIM Indore. He was also a visiting faculty at BIM, Tiruchirappalli and guest faculty at IIT Madras.

At IIM Indore he has held various positions like Chair- EPGP, Chair – Research & Publications, Chair – Hostel and Student Affairs and Chair – Strategic Management Area.

Dr. Sunder has a number of publications to his credit in national and international journals. His areas of interest are Strategic Management, Entrepreneurship, Mergers & Acquisitions, Innovation and Scenario planning. He has offered consultancy to various SMEs in the area of New Product Development & Growth Strategies.

Prof. Mishra is the First Young Faculty Research Chair at IIM Indore. His research is in the area of emotions in organisations, stress, well-being, and career issues.

One of his papers has been adjudged as the Best Accepted Paper in the Academy of Management Meeting held at Chicago. He is the recipient of the Emerging Diversity Scholar Award from National Centre for Institutional Diversity, University of Michigan. He has received the Industrial Finance Corporation of India (IFCI) Award at Indian Institute of Management Ahmadabad for the Best Thesis Proposal.

He is the Editor of Indore Management Journal and in the review panel of many international Journals including Human Resource Management (US), British Journal of Management, Journal of Business Ethics, Relations Industrielles/Industrial Relations, Personnel Review.

Important Dates

Instalment Schedule

Registration Fee (Excluding GST)

Processing Fee (Excluding GST)

Campus Visit Fee (Excluding GST)

Programme Fees (Excluding GST)

Total Fee (exclusive of Registration fee & GST)

₹7,000

₹10,000

₹12,500

₹2,41,000

₹2,53,500

* In case a participant profile is rejected by IIM Indore, ₹7,500 is refunded to participant and ₹2,500 is deducted towards administrative charges.* Processing fee contains ₹7,000 towards Registration Fee and ₹3,000 towards programme Fee.

*Loan options available

Particulars Fees (in ₹)

At the time of Registration

Within one week of offer roll-out date

10th July, 2021

10th October, 2021

10th December, 2021

Total

₹3,000

₹56,500

₹60,000

₹70,000

₹64,000

₹2,53,500

Particulars Fees (in ₹)

Application Closure

Date of 1st Instalment Payment

Date for Academic Orientation

Programme End Date

31st January, 2021

To be paid within one week of offer rollout date

17th April, 2021

March 2022

APPLY NOW

12FEES, INSTALMENT SCHEDULE AND IMPORTANT DATES

13About IIM Indore

Placed 7th in NIRF 2020 Rankings

Placed 5th in NIRF 2019 Rankings

Ranked 4th in Outlook-ICARE India MBA

Rankings 2020

Bagged 8th place in the Economic times

B-School Rankings 2020

Ranked in 101+ band in the QS Business

Masters Ranking 2020

The Indian Institute of Management Indore (IIM-I) is an autonomous public business school located in Indore, Madhya Pradesh in India. Instituted in 1996, IIM-I is the sixth addition to the Indian Institute of Management (IIM) family of management schools. It is recognised as one of the premier management institutions, comparable to the best in the world for teaching, research and interaction with industries and is an institute of national importance under the Indian Institutes of Management Act 2017.

Spread over a 194 acres, IIM-I stands with pride, with the Triple Crown of triple accreditation, first from the Association of MBAs, AMBA in 2016 (a UK-based accreditation agency); and second from the AACSB in 2019, and third and latest from the EFMD Quality Improvement System (EQUIS) accreditation by EFMD, the globally recognised international organisation for management development in December, 2019. As of March 2020, the ‘Triple Crown’ was received by only 90 business schools globally, out of the 13,000+ schools offering business degree programmes. IIM-I is now the second IIM in the nation to receive triple accreditations.

With a mission to be a contextually-relevant business school with world-class academic standards that develops socially-conscious managers, leaders and entrepreneurs, IIM-I is one of the fastest growing institutions in India today. The Institute has bagged a position in Top 100 in FT Rankings 2019 and stands at Rank 5 in the NIRF Rankings 2019.

IIM Indore LogoIndian Institute of Management IndorePrabandh Shikhar, Rau-Pithampur RoadIndore - 453556, Madhya Pradesh, India

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