MANAGEMENTDEVELOPMENTPROGRAMME

Prof. Biswatosh Saha & Prof. Palash Deb

Dates

Programme Directors

Venue

Management Development Centre (MDC), IIM Calcutta CampusDiamond Harbour Road, JokaKolkata – 700104Phone: 033 2438 0500 (D) / 2467 8300‐06 (B), Extn. 6000

July 23 - 28, 2018

Strategic thinking: creating and SuStaining advantage

INDIAN INSTITUTE OF MANAGEMENT CALCUTTA

INTRODUCTION:A company’s strategy is no longer the exclusive domain of its top management. Rapid changes all around are throwing up new opportunities and threats, and firms need to be agile enough to seize the moment. It is therefore imperative that mid-level managers, who are much closer to the action, develop the critical skills as well as the mindset to think about their firm or business unit’s strategy, and provide timely and continuous strategic inputs to the top management. Managers must also be able to predict the direction of their industry’s evolution as well as gauge the impact of forces like competition, customer demands and technological changes on their company’s bottom-line, and accordingly devise strategies that align the needs of the present with the emerging realities of the future. Top management, on the other hand, needs to create robust processes to seek insights from and work closely with middle managers in not only execution, but formulation of strategy as well.

OBJECTIVES:This program aims to acquaint participants with the concepts, techniques and tools firms use to create and sustain competitive advantage, to understand why strategies of some firms fail and others succeed, and how firms may make changes to their structure, strategies and governance to remain competitive in a rapidly evolving and increasingly complex business environment. Participants will be introduced to the fundamentals of competitive strategy, the economics of value creation and capture, and the analytical tools needed to formulate strategies. They will learn about the forces underlying industry structure, industry evolution in a volatile and ambiguous global environment, and how firms can position themselves to obtain a dynamic fit with their environment with an eye to creating greater value for themselves. Participants will also learn to look inside the firm for internal sources of competitive advantage, for example through developing complex and dynamic capabilities.

KEY TOPICS:1. Business strategies for competitive advantage

2. Analyzing industries, networks and value chains

3. Analyzing competitors, suppliers, partners and complementors

4. Designing the organization: Structure, incentives and coordination

5. Strategy execution: Dilemmas of control and delegation

6. Corporate strategy: Managing business portfolios

7. Corporate governance: Managing multiple stakeholders

PEDAGOGY: The course will be delivered through a balanced mix of lectures, in-class case study discussions, and hands-on group exercises.

WHO MAY ATTEND: Senior managers in general management roles and functional heads looking to migrate to general management roles across industries like high tech, IT & analytics, pharma, professional services, consumer products, manufacturing, telecommunications, energy, financial services, etc. Managers planning for a career move into general management and leadership roles with business level profit responsibilities will especially benefit from the program.

PROGRAMME DIRECTOR(s)/FACULTY: Prof Biswatosh Saha did his B.Tech from IIT Kharagpur and completed his doctoral research at IIM Calcutta. His research work has been published in Strategic Management Journal, Journal of Marketing Management, AI & Society, Economic and Political Weekly and in books published by Sage and Taylor & Francis. His co-authored works has also won awards in top international conferences such as the Academy of Management (AoM) Annual Meeting,

European Group on Organization Studies (EGOS) Annual Meeting and International Conference on Information Systems (ICIS). His research interests include strategy as practice, digitization and organizing, managing change and renewal.

Prof. Palash Deb is an Associate Professor in the Strategic Management group at IIM Calcutta. He also co-heads the IIM Calcutta Corporate Governance Center. Prof. Deb did his PhD in strategic management from the Martin J Whitman School of Management at Syracuse University in NY, USA. He then taught for several years at the California State University San Marcos, USA, before deciding to return to India. Before joining academia, he obtained a Master degree in Commerce from Calcutta University and an MBA in Finance from IIT Kharagpur, topping both programs. At IIM Calcutta, he is actively involved in various executive education programs, in addition to offering courses in strategy and corporate governance for MBA, Executive MBA and PhD students. For example, he has taught corporate strategy and corporate governance modules for GMs/AGMs of IDBI Bank, BHEL and ONGC, and has been program director for a long-term development program for AstraZeneca. He is currently also directing an on-site management development program for Khanna Papers based in Amritsar. Before joining academia, Prof. Deb worked extensively in Indian industry with companies like Accenture, HSBC and GE Capital, primarily in the area of financial analysis. Prof. Deb’s research interests are in corporate strategy and corporate governance. His recent research was published in the Strategic Management Journal, which is ranked by Financial Times among the best journals in the field of management. His other research has been published in outlets like Journal of Small Business Management, European Management Review and the Oxford Handbook of Corporate Governance. He is currently writing a sole-authored book on corporate governance that will be published by Routledge. He is also an occasional contributor to the Financial Express.

PROGRAMME DURATION: July 23 - 28, 2018Programme Commencement: 9:00 AM on July 23, 2018 Programme Conclusion: 2:00 PM on July 28, 2018

Venue: Management Development Centre (MDC), IIM Calcutta campus

• For Residential participants, accommodation is arranged from the evening of July 22, 2018.

• The Reception at MDC is manned round the clock.

• The Programme will be over by 2.00 p.m. on the last day. Participants are requested to make their travel plan accordingly.

PROGRAMME FEES:• The Programme fee for each residential participant will be ` 100,000/- plus applicable taxes and cess, which

will cover the cost of board and lodging, course delivery, programme kit, course materials, etc.

• We would strongly encourage candidates to enroll as Residential participants, as the experience of an MDP is optimized in a full‐immersion mode. Still, in case a candidate wishes to apply on a Non‐Residential basis, the Programme fee for such participant will be `10,000/- less than the Residential fee. Taxes and cess will be charged as applicable.

Discount on Programme fees: A discount of 10% on the Programme fees can be availed by an organisation if it nominates at least 4 participants for a particular MDP.

Please Note: • Participants would have to make their own travel arrangements.• Accommodation at IIM-C will be provided till 2.00 p.m. on the last day of the Programme. Participants staying beyond this time will have to bear

additional stay and food charges, which they have to settle directly with the hospitality service provider.• Programme fees are to be paid in ‘Advance’, prior to the commencement of the MDP. • In case the programme is being cancelled by IIM-C, programme fees will be refunded in full to the person/organisation concerned.• Executive Education Alumni: With effect from April 1, 2017, participants of IIM Calcutta’s ‘Open’ MDPs who attend 20 days of learning through

two or more Open MDPs will be eligible to apply for ‘Executive Education Alumni of IIM Calcutta’ status.

desi

gn@

inno

med

ia.in

For all other details on administrative matters please refer to the ‘Guidelines for Participants’ on our website or e-mail to program_mdp@iimcal.ac.in

Our correspondence address is as follows:

CMDP OfficeManagement Development Centre (MDC) Indian Institute of Management Calcutta, Diamond Harbour Road, Joka, Kolkata - 700 104Phone: +91 33 2438 0500/2467 8300-06 (Extns: 6011/6012/6005) Email: program_mdp@iimcal.ac.in

HOW TO APPLY:You can apply/nominate your personnel by clicking on the “Apply Now” link corresponding to the particular MDP, as appearing on our online calendar available at: https://iimcal.ac.in/mdp/mdp-calendar

Kindly fill in this online form mentioning full details of the participant(s), sponsoring authority/organization, and other specifics. Upon submission of the online form, you will receive an auto generated acknowledgement mentioning a tentative date by which you may expect to hear from us regarding your selection.

The nomination(s) will be forwarded to the Programme Director(s) for her/his/their necessary consideration. Once the candidature(s) is(are) approved, the sponsoring authority or participant (in case of self‐nomination) will be intimated over email along with the Payment Advice seeking programme fees in advance.

Please note that confirmation of participation is subject to receipt of Programme fees by CMDP Office before commencement of the MDP.

Programme fees can be remitted online through Electronic Fund Transfer (NEFT/RTGS.)

Upon remitting the fees online, kindly intimate CMDP office with the UTR No./relevant transaction details through email, so that we can connect your remittance to your nomination(s).

As on occasions, the number of applications is more than what we can accommodate, it would be ideal to submit your nominations 6 to 8 weeks prior to the MDP commencement.

Greater preference would be provided to firms that nominate four or more participants.