Executing Strategy for Results Survive and thrive in fast-changing markets Contents Develop a powerful approach to delivering results 02 A tailored plan for success 03 Programme overview 04 Fast-track business impact 05 Transformation through experience 06 How it worked for me… 07 Take the next step 07 Which programme is right for you? 08 www.london.edu/fssm/ 01 Develop a powerful approach to delivering results Many companies struggle to translate strategy into results. Executing Strategy for Results provides you with the frameworks and practical tools to execute strategy, even in markets characterised by relentless change. This comprehensive five-day programme introduces a holistic framework that enables you to understand the individual drivers of execution and how they interact. Before the programme, we work with you and your organisation to complete a strategy execution survey. During the programme, you work in facilitated coconsulting groups to apply your learning to your specific challenges and develop a tailored execution plan. The result is a bespoke structure and systematic process for improving the execution of strategy in your organisation. In class, we bring theory to life through case studies, experiential exercise and lively discussions as we explore the practical tools you will use to develop a blueprint that turns insight into action. In addition, key speakers active in this sphere share their cutting-edge research and experience. At the end of the programme, you take away a powerful blend of theory and real-world context to apply to your challenges. David Lewis Programme Director Connecting art and business Executing Strategy for Results Survive and thrive in fast-changing markets Contents Develop a powerful approach to delivering results 02 A tailored plan for success 03 Programme overview 04 Fast-track business impact 05 Transformation through experience 06 How it worked for me… 07 Take the next step 07 Which programme is right for you? 08 www.london.edu/fssm/ 1 The dynamic artwork in this brochure was created by students at Camberwell College of Arts for the Find Your Voice competition, launched by London Business School to represent visually the embodiment of the School’s aim: to give every participant a voice and the opportunity to make their mark on the world. From the works submitted, 35 were selected by a joint panel of judges to be exhibited at London Business School’s Regent’s Park campus, and used across its communications. View and download the work at www.facebook.com/LondonBusinessSchool “However beautiful the strategy, you should occasionally look at the results.” Winston Churchill, British Prime Minister 1874-1965 www.london.edu/fssm/ 02 “This programme serves as a powerful tool that I will be able to use in the future.” A tailored plan for success Jan Smets (Belgian), Director Customer Care, bpost International Executing Strategy for Results combines pioneering research and dynamic practical application, empowering you to achieve organisational success The recent years of economic turbulence have shown that every business faces enormous challenges to deliver more. And, with little room for slack, those in senior positions need to know that their strategies will have a positive business impact. The Executing Strategy For Results programme at London Business School gives you the vital frameworks needed to achieve your goals. It shows you how to create economic value, and the techniques that enable you to lead discussions to achieve goals. You develop the language to engage people above and below you. And you overcome obstacles by applying simple rules to make complex decisions as you formulate a bespoke strategy execution plan. A unique experience The cornerstone of London Business School is its blend of global perspectives, rigorous academic theory and real-world application. After just one week in our collaborative learning environment, you return to the workplace with a practical structure for driving organisational performance through executing strategy. The programme combines three elements that are vital to deliver success: the development of your knowledge in key business areas; the opportunity for selfreflection offering insights into your own motivation; and the diversity of participant experience that expands your world view. Connecting in London London Business School is in a unique position to deliver top level management education. Studying in a business capital, surrounded by international faculty, participants, alumni, and industry leaders, you form a unique network of global contacts, offering alternative views, solutions, and insights to strategic challenges. It ensures your time on the programme is hugely enriching, and continues to add lifelong value to your professional development. Programme at a glance • A five-day programme, taught and led by internationally recognised business strategy experts. • For senior executives who need practical skills to turn strategy into results. • Runs twice yearly, in May and November. • Teaching sessions run from Sunday to Friday, including evenings, in central London. • Includes guest speakers from diverse industries and countries. • Offers real-life insights on putting strategy into practice. • Create a tailor-made action plan for delivering strategy within your organisation, based on research and analysis. • Includes a strategy execution survey. “I had the opportunity to network with a group of highly experienced professionals. Studying alongside people from different industries and cultures is both challenging and rewarding – it encouraged me to be more open and improved my ability to review and make decisions.” Gabriel Junqueira S. Elias (Brazilian), Partner, Tamra GR Bright Ideas by Rowan Ottesen “An array of vividly coloured ‘light-bulb’ hot-air balloons playfully displays the enthusiasm of people who attend London Business School. The dynamic movement also highlights the energetic lifestyle of the attendees, ready to launch their ideas to new heights.” Read about the Find Your Voice art project on p8 03 www.london.edu/esr Want to know more about Executing Strategy for Results? Visit www.london.edu/esr Or call one of our Programme Associates on +44 (0)20 7000 7378 Nationality of recent participants Europe 32% Middle East 18% UK 17% Programme overview Africa 9% “The programme has a powerful combination of theory, case studies, survey results and discussions with the whole group.” Erik Lapre (Dutch), Vice President Service Europe, Emerson Process Management Asia-Pacific 9% Australia/New Zealand 7% This programme addresses your most pressing strategic execution challenges. When you leave, you’ll have a clear action plan to take back to your organisation Central/South America 6% Europe 32% North America 2% Middle East 18% UK 17% Benefits for your organisation The programme enhances your organisation’s ability to react effectively to a changing environment, increases competitive advantage through efficient organisational response and improves the culture for strategic implementation. What the programme offers you You are taught by leading strategy experts, Dominic Houlder and Julian Birkinshaw, they will tailor group tuition to address your specific business challenges. Access to the latest thought leadership improves your ability to lead strategy implementation, so you take away a clear vision of how to achieve your strategy execution goals. Participants on this programme are: • senior executives, including CEOs and board members • responsible for strategy execution in companies with 200-plus employees • managers of companies • managing a key area across a company • managing a business unit or part of the management team • managing projects that cut across different business units • executive team members who manage a company (FD, CFO, VP, HR Director). Your programme leaders Dominic Houlder, Adjunct Professor of Strategy and Entrepreneurship Nationality: British What does Dominic bring to the programme: Dominic teaches strategy, values and corporate transformation. He combines his teaching work with independent consultancy assignments and Board appointments. Experience: Previously, Dominic was Group Strategy Director at Blue Circle Industries. He was responsible for managing the Group’s business planning systems, leading merger and acquisition programmes, and coaching executives in the development and implementation of corporate strategy. Dominic’s books include Strategy and Mindfulness and Money, and he has also published in Sloan Management Review and Harvard Business Review. His most recent article, The Professional Challenge, looks at the dangers and opportunities facing global knowledge intensive organisations. Key clients: Dominic works as an independent consultant with major corporations including SAP, Linde, Balfour Beatty, Groupe Publicis, Deloitte, British Airways, G4S, PwC and Herbert Smith. Julian Birkinshaw, London Business School Term Chair Professor of Strategy and Entrepreneurship; Chair, Strategy and Entrepreneurship Faculty Nationality: British What does Julian bring to the programme: Julian teaches on creating a strategy execution culture. Research: Julian’s research focuses on issues of innovation and change in large, established companies. He is widely published on such issues as headquarters-subsidiary relationships, corporate entrepreneurship, knowledge management, global customer management and management innovation. Experience: Julian is co-founder of the Management Innovation Lab and a leading contributor to the Management Innovation Exchange. In 1998 the UK management magazine, Management Today profiled him as one of the “Next Generation of Management Gurus” and in 2013 he was short-listed for the Best Management Book in the highly prestigious Thinkers50Awards for his book, Reinventing Management. He acts as a consultant and executive educator to numerous large companies. Julian is a Fellow of the British Academy and a Fellow of the Academy of International Business. Key clients: GSK, Diageo, WPP, HSBC and Roche. Africa 9% Asia-Pacific 9% Australia/New Zealand 7% Central/South America 6% North America 2% Industry of recent participants Finance & Banking 22% IT & Telecommunications 20% Retail/Consumer Goods 8% Oil & Gas 5% Manufacturing 5% Business Services 4% Healthcare/Pharmaceuticals 4% Finance & Banking 22% Media & Entertainment 4% IT & Telecommunications 20% Retail/Consumer Goods 8% Oil & Gas 5% Consulting & Professional Services 3% Education 3% Metals/Mining 3% Manufacturing 5% Engineering/Construction 3% Business Services 4% Transportation/Distribution Services/Logistics 3% Healthcare/Pharmaceuticals 4% Other 13% Media & Entertainment 4% Consulting & Professional Services 3% Education 3% Metals/Mining 3% Engineering/Construction 3% The Place to Connect by Sylvia Moritz (opposite) “London Business School is in one of the world’s most highly renowned financial, business and cultural cities. The choice of location for a participant is essential for their personal development and supports their ongoing studies and chosen paths. London provides endless opportunities to research, learn and develop.” Read about the Find Your Voice art project on p8 04 www.london.edu/esr Transportation/Distribution Services/Logistics 3% Other 13% This programme has recently powered the performance of: Al Fahim Group Allianz SE Group Astra Group Blenheim bpost International British Telecom (BT) Citigroup Danfoss Etihad Etisalat Company (Mobily) Fonecta Getronics Google Government of Saudi Arabia Government of Thailand IBM Invensys Johnson + Johnson Kimberly Clark LAEP Investments Lundbeck Luzio Nestlé Nokia Petrobras SABIC Saudi Electricity Company Saudi Telecom Company (STC) UKTV Wrigley Zenith Insurance Fast-track business impact Executing Strategy for Results is a complete toolkit for driving strategy across multiple levels, avoiding pitfalls and seizing opportunities Where it all starts The renowned Strategy Execution Framework is based on several years of research and experience. It looks at all the elements which contribute to implementing strategy and underpins an in-depth analysis of your organisation and the action plan you develop and take away. Supported by faculty, tutors and your peers, you’ll be able to: • understand an organisation as a network of commitments for action • distil a strategy into its essence to create value • measure value creation • understand execution in volatile markets • structure and lead discussions to translate strategy into action • use simple rules as a powerful tool for complex choices • improve your organisation’s capacity to implement strategy • perform across a diversified portfolio of units, markets and products • lead for effective execution • understand and overcome obstacles to change. Before the programme, you use an organisational survey to pinpoint areas of high leverage to strengthen your strategic execution capability – often an eye-opening experience (see opposite). We analyse the survey to produce a report detailing strengths, weaknesses and opportunities for improvement. Along with masterclass tutorial sessions and case studies, you build a thorough understanding of strategy execution issues and the levers at your disposal. Programme themes The programme presents a holistic framework that integrates key elements of execution into a coherent system. Strategy Develop a concise statement of how an organisation creates, captures and sustains economic value, by answering three fundamental questions: Who is your target customer? What product or service do you offer? How do you compete? Shared context Ensure a common understanding of what matters (current priorities), why they matter (the link to strategy), how the pieces fit together and how the organisation is doing right now (real-time measures of progress). Organisational hydraulics Understand the processes (e.g. management by objectives, performance management) that organisations use to align activities up and down the chain of command and across different business units. Resource allocation Ascertain the processes employed to allocate resources, including cash, people and managerial attention to support execution. Simple rules are a powerful tool around which to structure resource allocation while leaving flexibility to adapt to changing circumstances. Learning on the street London Business School’s location is an important component of your learning experience. We take full advantage of our connections to the city’s leading organisations to give theoretical models a dynamic real-world context. Leadership Nurture effective leadership throughout the organisation to embed successful strategy execution. The best leaders excel at structuring and leading discussions to close the gap between strategy and execution. Commitments Engage employees at every level to make and deliver on commitments in alignment with strategy execution and other activities within the organisation. Culture Structure an organisational culture that recognises and rewards employees who make and deliver on ambitious commitments, while also ensuring that they deliver results in a manner consistent with core values. “Enough depth to ensure understanding, and simple enough to be applied in practice. An excellent balance of theory and examples.” Sue Mir (British), Business Analysis Leader, Kimberly-Clark Middle East & Africa Spotlight on learning urvey your organisation S The organisational survey you undertake within your organisation is crucial to the success of your programme experience. It is organised around a framework that maps the structure, incentives and culture of your organisation, and is used again to enable you to harness insights and create tools to develop your own successful strategy execution. 1 ‘What would you do?’ case studies International case studies* reveal the sources of good – or bad – strategy execution. By emersion in the cases you see things through the eyes of the main protagonists and learn with them. You explore which criteria measure value creation, what factors make and maintain industry leadership, how clarifying your strategy and applying simple rules drives execution and performance. These reallife scenarios allow you to apply your new skills and see how they can be used to assess your own organisation’s situation in a more meaningful way. 2 Speaking from experience Drawing on the School’s high-calibre contacts, Executing Strategy for Results exposes you to a stellar mix of industry practitioners who share their experience of and insights from executing strategy in diverse industry settings. Previous speakers have included Greg Walters, Global Chief Operating Officer for Baker & McKenzie (the world’s largest law firm); Gary Keegan, Director of High Performance Management at the Irish Institute of Sport, and Sabine Vinck, the School’s Associate Dean. 3 *Case studies and guest speakers subject to change. www.london.edu/esr 05 Transformation through experience Tuesday: Simple rules for complex choices Co-consulting session Guest speaker Wednesday: Creating value through collaboration Strengthening execution behaviour Co-consulting session Guest speaker Thursday: Emotional engagement with strategy Execution and improvisation Guest speaker Closing dinner Friday: Overcoming inertia Co-consulting session – Finalising your action plan Joined up learning Like all our programmes, Executing Strategy for Results is firmly rooted in real-world practicality through our Flare™ methodology (see right), which is focused around your needs, and set up to deliver practical benefits for your organisation. Case studies, interactive lectures, debates, guest speakers and co-consulting sessions support your learning experience. Throughout, the mix of theory and practical application demonstrates the difference sound strategy can make to your organisation. Designed to fit your schedule Your time is precious and there is a lot to absorb. However, a focused period away from the office gives you a clear space to really take in and think about everything you learn. Our London location and efficient schedule ensure Executing Strategy for Results is practical for participants anywhere in the world. RIENCE E P EX Focus Each of our programmes is designed with a clear set of objectives and actionable outcomes. You take away the skills, knowledge and networks to improve your business performance. IMPACT Learn The learning journey provides you with the latest business thinking from faculty and practitioners. You rapidly build the knowledge, skills and competencies to question the status quo and evaluate your strategic approach. Apply Your learning experience provides you with new tools and knowledge that can be directly applied to your organisational challenges. We place learning on its feet, both REFLECT Monday: Strategy for execution The execution loop Work groups, exercises and individual preparation Flare™ is the process to ensure that the Executing Strategy for Results programme is centred on you and that every learning experience relates back to your role in the real world. It is made up of five key principles: AP P L Y Programme timetable Sunday afternoon and evening: Registration Strategy, execution and value creation Work groups and individual preparation Each day’s content cements and builds your skills, deepening your understanding of the topics. Academic and business knowledge is translated into practical, actionable insights during lectures. There is time, too, for group discussion to strengthen your abilities in line with your needs. In masterclass sessions, you concentrate on refining your strategy execution plan. Using new tools and frameworks, you are challenged by tutors and peers to hone your approach. LE A RN This programme enables strategy execution at three levels – individual, team and organisation – sharpening your critical knowledge and leadership skills US C FO Introducing Flare™ – how your objectives drive our solutions figuratively and literally, so you can confidently experiment in a safe environment where you have the freedom to make mistakes. Reflect Time is built in for individual reflection and peer-to-peer discussion. This is essential to your ability to personalise the experience to your unique business challenges. Experience Post-programme follow-through to your workplace is part of the design and delivery of each programme. The focus on actions that result in business impact is as important as personal change and transformation. Learning to move you forward The Flare™ methodology in action “A great programme with some simple but powerful messages and techniques. ESR will enable senior executives to identify and implement genuine strategic initiatives.” Peter Wilson (Australian), Group General Manager, Nova Systems Studying at London Business School gives you lifelong access to a range of assets that can deliver solutions for your business challenges of the future: Fresh business thinking Stay ahead with latest business thinking, insight and analysis from our global faculty in our thought-leadership publication, Business Strategy Review. Visit www.london.edu/lbsr You can also access the latest findings from our world-class research centres: the Deloitte Institute of Innovation and Entrepreneurship, the Aditya Birla India Centre, the Centre for Corporate Governance, the Institute of Leadership, the Institute of Asset Management, and the Coller Institute of Private Equity. Customised learning We can tailor our open programmes to support your strategic goals by delivering learning experiences to a large number of people in your organisation. We also offer fully bespoke customised company programmes for single organisations delivered to multiple cohorts, often in a number of global locations. They are key to delivering long-term strategic aims, be that improving strategy execution, accelerating management innovation, handling change or preparing for growth. Visit www.london.edu/execed Networking and sharing Upon completion of the programme, you can access the Virtual Learning Environment for three months. You are also invited to join our LinkedIn community group where past and present participants knowledge-share and discuss key developments in their field. Recruit our talent We produce exceptional graduates capable of working in diverse and exciting organisations all over the world. Visit our talent bank and recruit to build strengths in your business where you need them. Visit www.london.edu/recruitourtalent www.london.edu/esr 06 For a hard copy of the application form, please contact us Email: [email protected] Phone: + 44 (0)20 7000 7378 How it worked for me… Take the next step How does studying on the Executing Strategy for Results programme enable you to achieve your objectives? One of our participants tells you Our open enrolment programmes are a powerful way to move an organisation and its individuals to new perspectives and behaviours “It opened my eyes to new ways of doing things – I was energised by the progress I made in just five days.” We meet the individual development needs of participants at multiple levels and in multiple disciplines including career transition, marketing, finance, HR and leadership. See p8 for further details of our full portfolio of marketing and strategy programmes. Anette Maltun Koefoed (Norwegian) Executive Vice President, Marketing and Communications, Berg-Hansen Speak to one of our Programme Associates for guidance on selecting the programme that best supports your career development and business goals. You can also speak to a past participant in a relevant country and sector. If your organisation plans to send multiple delegates on a programme, we will work with you to understand which ones will be most valuable in meeting your business challenges and developing your talent. Every business strives to achieve the best possible results, but not every business knows how to get there. This programme enabled me to understand what actions are required to deliver a results-driven strategy, and I learned so much in just five days, gaining the tools to introduce small changes that bring about huge improvements in practice. The teaching on this programme was amazing, and the way content was delivered really helped to bridge the gap between theory and practical application. One of the models I found most useful was the strategic loop – closing the gap between strategy and execution. This concept forced me to analyse how people work together in our organisation and how we can use our time more effectively. Upon returning to work, I presented the key points of the programme to the executive team, highlighting possible solutions to the main areas that needed improving. With improved self-esteem and greater strategic insight, I was able to speak more authoritatively with other senior executives from across the organisation. The programme opened my eyes to new ways of doing things. I was energised by the progress I made during the week, and I would strongly recommend the experience to others. Provisional places can be reserved online. Applications are password protected and contain full instructions so you can save your work as you go before you finally submit your application. To secure your place at the best time for you and your organisation, we recommend applying three months before the programme starts. Apply today 1 Check out the website for the latest programme dates and fees www.london.edu/esr 2 Reserve a provisional place. Contact a Programme Associate Email: [email protected] Phone: + 44 (0)20 7000 7378 3 Complete your application online www.london.edu/esr 07 Which programme is right for you? Our complete Executive Education portfolio Early career Our Strategy programmes energise new perspectives and innovative ways of thinking (below). See how our complete Executive Education portfolio (right) can give your people the skills they need to meet the critical business challenges at every stage of their career Career Transition Mid-career Senior career Board level Accelerated Development Programme (2x2 weeks) Senior Executive Programme (4 weeks or 2x2 weeks) Essentials of Leadership (5 days) High Performance People Skills for Leaders (5 days) Leading Businesses into the Future (5 days) Leading Change (5 days) Mid-career/Senior career Leadership Negotiating and Influencing Skills for Senior Managers (5 days) Developing Strategy for Value Creation (5 days) Proteus (6 days) •For leaders of companies, general managers, strategy teams, senior functional managers and strategists in emerging, fast-growing companies. •Drive shareholder value through innovative use of strategic tools. •Make a real impact on the future strategic direction of your organisation. Making Innovation Happen (5 days) •For directors, senior managers, business owners, functional heads (chief innovation and technology officers), members of executive teams. •Practical tools for identifying new business ideas and defining opportunities for products, services, business models and innovation. •Create a culture able to close the gap between aspiration and execution. Executing Strategy for Results (5 days) •For managers of entire companies, executive team members who manage across the company, business unit managers. •Manage strategy execution across multiple organisational levels by tailoring a plan applicable to your company; create and measure value and use effective decision-making tools for complex situations. Professional Services: Next Generation Leadership (2x3 days) Developing Strategy for Value Creation (5 days) Making Innovation Happen (5 days) Strategy Supply Chain Leadership (6 days) HR Strategic Marketing Human Resource Strategy in Transforming Organisations (5 days) Strategic Branding: From Behavioural Insights to Business Growth (5 days) Market Driving Strategies (5 days) Financial Seminar for Senior Managers (5 days) Corporate Finance: Accounting and Financial Analysis (evening and daytime)† Corporate Finance: Valuation (evening and daytime)† •For CEOs, general, business development and marketing managers, strategic planners, lawyers, accountants and HR directors. • Understand the strategic role of acquisitions, finance and valuation, effective post-acquisition integration as well as the HR issues. •For executives who lead or influence the strategic direction and development of their organisation or function. • Gain an end-to-end understanding of strategic supply chain leadership and enhance your organisation’s supply chain capability. • Create value for your organisation by aligning your supply chain and business strategy. Executing Strategy for Results (5 days) Mergers and Acquisitions (4 days) Mergers and Acquisitions (4 days) Supply Chain Leadership (6 days) Leading Teams for Emerging Leaders (5 days) Corporate Finance: Financial Strategies for Value Creation (5 days) Advanced Corporate Finance (5 days) Finance Project and Infrastructure Finance (5 days) Investment Management: Equity Portfolio Management (evening)† Investment Management: Fixed Income Markets and Bond Portfolio Management (evening)† Strategic Investment Management (5 days) Masterclass in Private Equity (3 days) Financing the Entrepreneurial Business (5 days) Customised programmes for organisations * We understand that responsibilities and level of job complexity may differ depending on your organisation. We carefully select participants to ensure that everyone gains the maximum possible benefit from our programmes. † Investment Management and Corporate Finance evening programmes run one evening per week over 10 weeks. 08 www.london.edu/esr
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