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Advance Programme in Corporate Strategy & Business Leadership Batch -1
Associate for Technical and Student Support: VC NOW
Speak to Academic Advisors: +918929010728
Programme Overview
Background and Context:
The Post Pandemic disruption is replacing VUCA with BANI – an acronym coined and created by American anthropologist, author, and futurist Jamais Cascio. A new framework to define the current world and environment.
The new world order BANI stands for:
B = Brittle – Businesses are susceptible to catastrophe in the current interconnected fragile world
A = Anxious – The Post Pandemic approach to Work Life balance with boundaries blurring has resulted in in people’s personal as well professional life. The need to keep checking what’s app, social media, news feeds, wanting to know all the time what is happening is driving anxiousness.
N = Nonlinear – world where events seem disconnected and disproportionate.
I = Incomprehensible – lack of control over things,
Businesses are being disrupted, Competition and new disruptive products are born overnight and gain traction to become challenger brands. New age business models and companies are challenging traditional business logic. Adding to that are the fragile political, economic, social, and technological environment.
This puts a lot of pressure and demand on Organizational Leadership to stay ahead which necessitates the need for Corporate Strategic thinking, planning and executing ahead of others.
The Need: How Corporate Strategy & Business Leadership can help companies prepare for a VUCA to BANI World Order
In this fragile environment, a way to build future sustainable business is by Strategically defining and identifying and adapting business to current as well as future trends as well as competition to build resilient organizations.
Successful companies challenge their Status Quo by continuously trying to innovate and be ahead of the learning curve. It pushes employees to think strategically and innovate to stay ahead of competition and industry trends.
The Cognizance of one’s ability to Stay Ahead of the Curve – is exactly what helps in dealing with concepts like VUCA and BANI
The Corporate Strategy & Leadership Programme:
Strategy is the difference between Business Success and Failure:
Failure is the lack of success while success is a favourable outcome – Favourable Outcomes are a result of Corporate Strategy and Leadership.
The success of an Organization and its Leaders largely depend upon their abilities to anticipate threats and trends, plan and articulate Strategy followed by operationalize the mission vision goals and objectives set.
In the above Context, IIM Indore has come up with a Corporate Strategy and Leadership Programme which helps Leaders to think, plan, anticipate and execute ahead. Unlearn or change to Relearn to develop new age business mindsets.
Strategy Track:
Participants will be prepared to think, plan, develop and execute business as well as organizational level strategies. Participants will be able to identify current as well as new markets, products, services, Industry analysis & Trends; Consumer & Market Insights; Competitive Analysis,
The programme helps participants develop Corporate Strategy and Business Leadership Skills, by learning how to formulate market leading wining strategies.
The programme builds and develops competitive advantage in industry. It extends strategic thinking and helps participants respond to disruptive innovations.
The programme will also help participants align resources, structures, processes, systems activities, and capabilities to overcome challenges and meet the organisation’s strategic goals.
It also addresses coping with technological interventions for digitization of business and disruptions due to new age business models.
Eventually leading to drive profitable as well as sustainable growth through organic as well as in organic manner through Joint Ventures, Mergers, Acquisitions and Alliances
Leadership Track:
Strategy guides the Organization, and Leadership is its human enabler which drives it and executes it.
The Leadership track prepares participants to manage Oneself, Others, & Organizations. Executive leadership, creative decision making, human resource management, team building, negotiations, and change management skills help become successful organizational leaders.
Core components of Strategic leadership covers developing Vision Mission Goals Objectives Purpose along with all the key stakeholders.
Change Management, Motivating, Inspiring Teams for the Execution and Implementation of strategic initiatives
Programme will help participants Identify their leadership style and work upon their leadership skills to effectively lead teams by driving a quadrilateral bottom line perspective i.e. Purpose, People, Planet and Profit perspective on strategy and implementation.
Programme USP – Why Senior Management Professionals should consider this Programme – Key Benefits / Takeaways
- Gain knowledge & perspectives on strategic thinking and business leadership skills
- Become an effective business leader by enhancing your strategic leadership and management skills.
- Prepare to manage current as well as new unknown disruption and challenges in the future
- Formulating growth strategies at both corporate and business unit level – Identify and exploit new emerging markets, trends and growth opportunity areas
- Operationalize your Company’s vision, mission, purpose, values, objectives and goals through by articulating a well thought out strategy.
- Networking and Collaborative 360 degree Peer learning with a diverse cohort which will provide new insights and perspectives into your business problems and challenges.
- Certification and Alumni Status from One of the Top IIMs
- Proven Pedagogy and Best in class faculty
Current, Contemporary, Contextual and New Age programme
Programme Contents
Module 1: Set the direction of the business
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Module 2: Corporate entrepreneurship / Entrepreneurial Leadership
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Module 3: Advanced concepts of valuation and corporate governance
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Module 4: How to become a transformational leader
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Module 5: Business & Leadership Communications
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Module 6: Implementing Strategy in an Organization –
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| Module 7: Application of Learning through a Cap Stone Project |
Duration & Number of Session Hours
Duration: 8 months
Number of Hours: Approx. 94 approx.
Number of Sessions (75 Minutes each): 75
Online: 63 sessions
On-campus module of 3 days duration: around 12 sessions,
One or two sessions from some of the courses will become part of the on-campus orientation module. In case the on-campus module is not conducted due to Covid situation, the same will be included in the total number of sessions.
*The programme duration may be slightly extended due to the issues like faculty unavailability and gazetted holidays on the session days.
Pedagogy
- The pedagogy will be a judicious mix of Conceptual Teaching, Case Studies and Discussions.
- This programme’s virtual live-online format is designed to accommodate Sr Executives requirement of learning over the weekend
- The Sessions will build on the learning of the Sr Executives and unravel as the programme roadmap unfolds
- Participants will be encouraged to apply concepts through business case analyses, and solution-driven, problem-solving discussions
- Sessions include Q&A time, which allows an opportunity to explore concepts with programme faculty.
Assessment
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.
Certification
Successful Completion Certificate by IIM Indore in a valedictory ceremony to be held on the campus.
Eligibility Criteria
Graduate / Post Graduate from Universities recognized by Association of Indian Universities with minimum 50% marks in either graduation or post-graduation (or its equivalent) with at least 5 years of work experience after Graduation.
How the Courses will be Delivered:
Courses will be delivered through on-line mode using an appropriate technology 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 online. Participants will be provided reading materials etc. as and when required. They may also interact with the concerned faculty through e-mails/ chat mode.
The academic sessions will start from June 2023. Sessions will be held on every Sunday.
The normal timing of the sessions will be as follows:
Sunday , First session : 10.30 AM to 11.45 AM
Sunday , Second session : 12.00 PM to 01.15 PM
The time gap between two consecutive sessions is to give the participants a break. On some days, the classes may extend beyond the mentioned time. In addition to attending interactive sessions, participants have to undertake online quizzes, assignments and examinations.
Programme Activity Timelines
| Application Closure | June 2023 |
| Estimated date for Academic Orientation | June 2023 |
| Programme End Date | Feb 2024 |
Total Fees and Payment Schedule*
| Application Fee | 3000 |
| Commitment fee at the time of acceptance of offer of admission | 10,000 |
| Fee (1st Instalment) payable at the time of admission (excluding GST) Prog Fee + study Material | 60,000 |
| Fee (2nd Instalment) payable within 2 months of admission (excluding GST) Prog Fee + study Material | 60,000 |
| Fee (3rd Instalment) payable within 4 months of admission (excluding GST) Prog Fee + Campus | 50,000 |
| Total Fee without GST | 1,83,000/- |
| Total Fee with GST @ 18% | 2,15,940/- |
Student Privileges
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. Current alumni membership plans are as follows:
- 2-year membership – INR 1000/- + applicable taxes,
- Lifetime membership – INR 10,000/- + applicable taxes,
Benefits available to Executive Education Alumni: 1) Communication of brochures and newsletters from IIM Indore, 2) Access to the IIM Indore Campus Library (onsite access only), 3) Official email ID of the institute, 4) ID Card.
Mere successful completion of the programme, application submission, and fee does not entitle a participant to be eligible for executive education alumni status. IIM Indore reserves the right to confer executive education alumni status.
IIM Indore reserves the right to modify the above conditions at its discretion at any time without notice. Only the courts at Indore will have the territorial jurisdiction to try any disputes arising in respect of the Executive Alumni membership being granted.
Apply Now: https://vcrvcnow.in/APCL-1/STUDENT-REG/Registration_lms.php
Speak to Academic Advisors: +91 8929010728
Please note that IIM Indore reserves the right to change the programme design, format, number of sessions, certificate format, terms in the programme or can incorporate any such change deemed necessary by the institute without prior intimation.