The world today has rapidly developing volatile markets, changing regulatory structures and widely varying government systems. As such it presents managers with unparalleled challenges. This programme prepares executives for these management challenges, helping make the transition from specialist to generalist a successful one.
Consistently set within a modern business context, the programme will provide participants with frameworks for structuring their intuitive understanding of business fundamentals such as strategy, people, operations, finance and marketing. Speed and intensity make this One-Year Executive Programme for Young Managers unique for those interested in fast and deep transformation. It offers participants profound integration of material, a unique platform for relationship building, and intense experiences mimicking the rapidly changing international environment they have to succeed in. In just one year, this intensive programme will sharpen the participants’ decision-making skills and broaden their knowledge of today’s business environment.

Programme Objectives

Bringing together the best educators with the most promising managers in the region, IIML’s Executive Programme for Young Managers prepare the participant to successfully manage business in a fast changing international environment:
• by providing a solid foundation in core management disciplines and helping recognize and leverage interdependencies between different functional areas;
• by developing the participants’ ability to deal with global uncertainties and capitalize on rapidly-emerging opportunities; vby translating and adopting the best global knowledge to the unique realities of a particular region and industry;
• by pinpointing and fostering the attitudes and traits required for effective leadership;
• by utilizing mechanisms to foster creative thinking and innovative decision-making, and
• by enhancing the participants’ team-building and interpersonal skills The professors employ a stimulating variety of teaching methodologies including formal lectures, case studies, team and individual presentations, role-play and negotiations, action learning, and discussions. The program uses a pragmatic and result-oriented philosophy. Students will work on projects and assignments related to general management, building on the knowledge and skills learned in the formal courses.

Programme Benefits

The Programme fills the knowledge gaps in essential management disciplines, and broadens the general management skills. It is designed to smooth the transition from a functional specialist into general management. Among other benefits are:
• Greater insight of business fundamentals and confidence to lead across functions and geographical borders, to meet the new challenges of general management
• More effective and informed decision making at a general management level
• Enhanced leadership skills, giving the participant increased confidence and managerial impact
• Develops a keen understanding of how to create value for the participants’ organization
• Transfer of the latest knowledge and best practice
• Integrate the participants’ knowledge and skills in a programme format that meets their busy schedule
• The result of the programme is a personal transformation allowing the participants to be more effective in their jobs as well as boost their personal development.

Innovative Curriculum Bringing together the best educators with the most promising managers in the region, IIML’s Executive Programme for Young Managers prepare the participant to successfully manage business in a fast changing international environment:
• by providing a solid foundation in core management disciplines and helping recognize and leverage interdependencies between different functional areas;
• by developing the participants’ ability to deal with global uncertainties and capitalize on rapidly-emerging opportunities;
• by translating and adopting the best global knowledge to the unique realities of a particular region and industry;
• by pinpointing and fostering the attitudes and traits required for effective leadership;
• by utilizing mechanisms to foster creative thinking and innovative decision-making, and
• by enhancing the participants’ team-building and interpersonal skills. The professors employ a stimulating variety of teaching methodologies including formal lectures, case studies, team and individual presentations, role-play and negotiations, action learning, and discussions. The program uses a pragmatic and result-oriented philosophy. Students will work on projects and assignments related to general management, building on the knowledge and skills learned in the formal courses.

Courses:

The curriculum includes three types of courses: functional courses, strategic and integrative courses, and personal and interpersonal skills courses. All courses, even the functional course, share a common general management perspective, providing participants with the ”view from the top” of an organization, and preparing them for the uncertainty, complexity, and rapid change that mark the reality of a typical executive.

Functional Courses

Accounting and Control Helps participants become intelligent users of accounting information for decision-making. Topics may include: reading financial statements, financial accounting and reporting, capital investment decisions, cost management systems, management control systems, new management accounting tools such as Activity Based Costing, Economic Value Added and the Balanced Scorecard.

Financial Management

Provides participants with the understanding and tools necessary for financial management. Course topics may include: profit decomposition, bank lending practices, financial ratio analysis, financial health assessment, financial forecasting, break-even analysis, business planning, discounted cash flow analysis, capital expenditure analysis, introduction to valuation, debt policy, corporate strategy and financial performance, dividend and capital structure policies, leveraged buyouts, financial restructuring, mergers and acquisitions.

Personal Development

Leading through People provides participants with an understanding of emerging people issues and gives them the tools required to respond to those issues. Topics include: managing the HR function, building a corporate culture, selecting and hiring personnel, developing talent, compensating and motivating employees, building human capital, managing for high performance and the role of HRM in change processes.

Information Technology Management

Introduces the participant to the effective use of information technology in business and management. This course cuts across the various functions of the organization and positions the information technology as part of strategic infrastructure, which enables the overall business success. Both the internally focused roles of IT are addressed, including management information, corporate resource planning, communications, operation streamlining etc, as well as the externally focused, in particular related to sales and marketing (B2B and B2C).

Marketing Management

Gives participants an analytical framework for the marketing discipline and provides them with powerful marketing tools. Topics may include: marketing mix, consumer market analysis and segmentation, brand positioning and repositioning, basic principles of pricing, the development and implementation of distribution policies, private labels, marketing communication policies, advertising and promotion, preparation of marketing budgets for brands. These topics are later taken as a starting point to address more complex strategic marketing business issues.

Operations Management

Discusses another perspective on the organization: its sum of processes with a clear goal on performance maximization. A broad range of topics include: operational strategy, material planning and control systems, demand chain management, outsourcing and strategic sourcing, management of constraints, virtual organizations, the elements of lean manufacturing and quality. The course includes as a prerequisite for Transformation competence modern project management methods: planning and coordination, fending risk and uncertainty, project stakeholder management, new organizational structures and learning from projects. Although it requires higher effort, project based activity is adopted by more and more companies at the expense of perfected but rigid processes, procedures and structures. The current business environment requires constant change, which entails the need to manage projects. A trendy profession by itself, Project Management becomes a critical part of every manager’s toolbox.

Personal and Interpersonal Skills Development

Leadership Skills
Course focuses on the practical issues related to leading others and oneself. Therefore it deals with topics such as the essentials of team effectiveness, team dynamics, team roles, and stages of team development. It also addresses the need to adjust personal leadership style to different situations, as well as makes the participants more aware of the need to understand and manage own priorities.

Management Communication
Course is based on three interrelated themes: structuring the effective communications and in particular presentations as stream of messages, need and ability to persuade the audience, as well as use of management communications as a crisis resolution tool.

Personal Development
Sessions are dedicated to individuals’ personal development through the whole program. Scheduled at the beginning and towards the end of the program they are designed to serve as reference points in assessing ones own current leadership and managerial practices, reflecting on them and offer support in designing a plan to build on strengths further and overcome weaknesses.

Strategic and Integrative Courses
Business and Society
Course touches upon main themes of the debate on the responsibility of businesses for their social and environmental impacts, considers some of the management innovations and tools that have resulted, and invites participants to explore their own responses, both as students and as professionals.

Strategic Management
Introduces participants to the theory and practice of strategy and provides participants with the tools they need in their Consulting Projects. Other topics include: Consulting Process – improving management effectiveness through techniques and practices used by professional consultants; Industry Analysis – linking environment to strategy, structure, and systems; developing sustainable competitive advantage; Company Analysis – analyzing and assessing organizations; Corporate Strategy and Processes – applying strategic principles and frameworks to develop concrete recommendations and proposals.

Strategic Management Toolbox (Industry and Company Analysis)
Is a topic of direct relevance to the participants' project work. After linking environment to strategy, structure and system, a pragmatic approach is developed to define a sustainable, competitive advantage in industries. Emphasizing consulting project principles, the course emphasizes how the effectiveness of professional management advice can be increased b rigorous and skillful application of analytical tools in the field of strategy and change management.

Business Ethics and Corporate Governance
Teaches participants how to maintain ethical standards, and how to apply principles of corporate governance. In addition to other leadership topics addressed through different courses throughout the Program, this course includes ethics in relation to organization’s stakeholders, rules and codes governing the relationship between an organization and its stakeholders, as well as ethical challenges faced by business leaders engaged in leading business transformations.

Leadership: Leading self and Others
Offers a different point of view to the issues of managing and leading. It is all about taking the Leadership Point of View, which means to see a situation in all its scope & complexity from the perspective of a person who would make a difference, to understand the underlying forces that affect the situation and act so to make a difference.

Capstone Project
The objectives of this project work are to enhance the practical side of the learning process, to allow participants to further internalize managerial concepts and to develop creative and applicable solutions. While the projects play an important role in the learning process, it is important to remember that projects are intended to be of real value to the client organizations.
Applying their recently acquired management concepts and skills, and working in teams, participants will conduct the Project in three stages with the ultimate goal of providing an applicable solution to the client organization. The first stage consists of an industry analysis, aimed at identifying key success factors and alternative strategies for competing in the industry. During the second stage, participants conduct a company analysis to determine the competitive position of the client organization and to identify priorities and areas of possible improvements. The third stage consists of issue analysis and implementation. During this stage, participants will develop and evaluate alternative actions and propose recommendations supported by short and medium term plans.
Participants are assigned to a project team and a client organization and will continue to work in their respective teams afterwards. Time is allocated for project work. However, approximately 2 months should be set aside for the Project during modules. Participants are encouraged to maintain contact with other members of their project team by using e-mail, telephone, fax, video-conferencing or LMS.

Why take The EPYM at IIML?

Exceptional Learning Process
• You realize that learning is much more than “cutting and pasting” information from one brain to another. We bring together some of the best teachers in the country with the most promising managers of the region to create a learning process that stretches the mind, expands your leadership repertoire, and changes the quality of decision-making for better results.

Innovative Curriculum
• We use innovative methods and tools throughout the entire programme. So, whether it is the Function Courses, Personal& Interpersonal Development Series, the Strategic & Integrative Courses, or the unique one-on-one mentorship with experienced faculty, students are guaranteed a cutting-edge curriculum celebrated nationally for its innovation and impact.

View From Top
• You know that life at the top of an organization is quite different from the rest of the business. Uncertainty, complexity, and rapid change define the reality of a typical executive. The EPYM helps you connect the dots across core management disciplines, develop capacity to deal with emerging opportunities, increase your knowledge and respect for the context your business operates within, and prepare you to lead and inspire in an era of massive challenges and high speed.

A Life Changing Experience
• Rarely in life do you get an opportunity to choose who you want to be. A management programme from IIML is one of those rare chances to transform, re-direct, and grow. And here, at the Institute, every programme element and component, from class sizes to personal coaching sessions, is designed to help you in this demanding journey of self-transformation.

Translating Global into Regiona
• Excellence in management is universal. Yet, it takes a special kind of effort to adopt the best global knowledge to the unique realities of a particular region. Wherever you are joining us from, we make sure that nothing gets “lost in translation” or loses relevance for your region and experience.

A Network for Life
• You have seen that who you know is as important as what you know. And at IIML, spending an intense year in the company of accomplished managers and leading scholars marks only the beginning of relationships that last a lifetime. An alumni network of over 25,000 executives from around the country and abroad awaits you at completion.

Full Commitment To You
• We believe that executive development is a process of transformation, both professional and personal. To make this change happen, our full attention is focused on you. From approachable staff members to cutting edge technology, from personal learning management support to small class sizes, our ideas, resources, and attention are there to make your transformation meaningful, dynamic, and real.