Breakthrough Strategic Thinking
http://www.stern.nyu.edu/executive-education-open-enrollment/search/program/111/Breakthrough-Strategic-Thinking
Great strategists don’t just understand their current environment and formulate a plan for it; great strategists can envision the multiple possible paths of the future, and shape the dynamics of their environment to their advantage. They anticipate the moves of other players and proactively incorporate those responses into their own plans. They have insight into the technology trajectories that will shape the future of their organization and actively participate in shaping those trajectories. They recognize how their organization’s existing identity, resources and practices both enable and constrain success and they conscientiously avoid becoming trapped by them.
This program will draw on the latest ideas in strategy, innovation, and learning to take the concepts of strategic analysis and strategy formulation to a radically new level. In this program, participants will explore tools that help to not only make sense of how the environment is currently changing, but also to sense how customers, competitors, and other industry players are likely to shift in the future. Participants will develop the skills to anticipate disruptive innovations, chart out their likely trajectories, and determine how to maximally influence (or benefit from) those trajectories. Participants will also discover how to identify the assumptions that have become embedded in an organization, where those assumptions should be challenged and what kinds of transformation may be possible.
The program is structured in three modules over three consecutive days. The first module will use a range of concepts and exercises to provide participants with insight into industry trends both now and in the future. Those insights will then be utilized in the second module, which focuses on the organization’s current and future value proposition. In this module, participants will assess how the organization can achieve a sustainably differentiated and valuable position, and capture the rents from the value it creates in the market. The third module looks at the overall corporate portfolio, with an emphasis on identifying how the firm can remain lean and flexible, and better leverage collaborative relationships. Participants will analyze whether the scope of activities the organization is engaged in optimally leverages its advantages while retaining the benefits of being lean and agile. This module also explores how the firm can better use external relationships with collaborators, suppliers, government, and others to its advantage.
Program Dates: April 8-10, 2013; October 7-9, 2013
Program Tuition: $4,200
Contact Number: (212) 998-0789
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Managing Innovation
http://www.stern.nyu.edu/executive-education-open-enrollment/search/program/137/Managing-Innovation
Innovation is a beautiful thing. It is a force with both aesthetic and pragmatic appeal: It unleashes our creative spirit, opening our minds to new possibilities, while simultaneously accelerating economic growth and providing advances in such crucial human endeavors as medicine, agriculture, and education. For organizations, innovation provides both exceptional opportunities and steep challenges. While innovation is a powerful means of competitive differentiation, enabling organizations to penetrate new markets and achieve higher margins, it is also a competitive race that must be run with speed, skill, and precision. It is not enough for an organization to be innovative—to be successful it must innovate better than its competitors.
To improve an organization’s success rate at innovation requires a well-crafted strategy. An organization’s innovation projects should align with its resources and objectives, leveraging its core competencies and helping it achieve its strategic intent. An organization’s structure and processes should encourage the generation of innovative ideas while also ensuring efficient implementation. An organization’s new product development process should maximize the likelihood of projects being both technically and commercially successful.
To achieve these things, an organization needs:
an in-depth understanding of the dynamics of innovation,
a well-crafted innovation strategy, and
well-designed processes for implementing the innovation strategy.
The purpose of this program is to develop your ability to think strategically about innovation and new product development and deployment. We will tackle such questions as:
How do managers leverage the innovation potential that exists both within and outside of the organization?
How do managers choose among multiple attractive innovation projects?
When should organizations “go it alone” or collaborate, and how do managers develop an effective collaboration strategy?
How do organizations make the difficult choice between protecting their technologies with patents or copyrights, versus rapidly disseminating them to build installed base and complementary goods?
What are the best practices for improving new product development processes to maximize the likelihood of success?
The program is structured in three modules over three consecutive days:
The first module covers innovation dynamics and planning the organization’s strategic direction. Participants will assess the innovation patterns unfolding in their industries, and will plan out an overall trajectory for their organization. We will also cover a range of tools managers can use to evaluate and choose among project options.
In the second module, we cover more of the specifics of formulating an innovation strategy. We start by discussing the organization’s options for intellectual property protection, discussing the trade-offs between strategies that leverage patents, licensing, trade secrets, and more. We then move on to exploring collaboration options for the organization, including the advantages and disadvantages of different types of collaboration modes, how to choose and monitor partners, and leverage strategic network positions.
In the third module, we cover the management of new product development processes and teams, and how organizations can craft a deployment strategy for their innovations that maximizes their impact in the market.
Program Benefits: During this program participants will
Learn about the latest concepts and tools being used in the strategic management of innovation
Analyze the dynamics of their organization’s environment to identify key trends in customer demands, technology and competitor moves
Formulate an innovation strategy for their organization that spans project selection, intellectual property protection, collaboration, and deployment
Program Dates: September 16 - 18, 2013
Program Tuition: $4,200
Contact Number: (212) 998 - 0789
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Anticipating Disruptive Innovation: Offensive and Defensive Strategies
http://www.stern.nyu.edu/executive-education-open-enrollment/search/program/118/Anticipating-Disruptive-Innovation:-Offensive-and-Defensive-Strategies
New product innovations are appearing at an accelerating rate, frequently from unanticipated sources. These disruptive innovations can render major and more minor industries obsolete in short order. Firms that are late to recognize these pending threats often find themselves unprepared, thereby lessening their chances to adapt and keep their brands relevant, or come up with new and improved products and services that enable them to remain at the forefront of meeting consumer needs. This program addresses how firms can:
Sharpen their intelligence to spot disruptive innovations sooner
Identify and shore up their own vulnerabilities to render competitive innovations less effective in stealing consumers
Identify growth opportunities that will enable them to grow and stay on the offensive
To achieve these objectives, we combine lectures, case analyses of relevant, current examples, presentations from leaders in some of the most successful disruptive innovation firms, and discussions that link the course concepts to participants’ own business needs.
Program Dates: July 15-16, 2013
Program Tuition: $2,800
Contact Number: (212) 998-0789
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Global Strategy
http://www.stern.nyu.edu/executive-education-open-enrollment/search/program/99/Global-Strategy
For some firms, global expansion represents a viable growth strategy; but how, and why, do managers decide to pursue such strategies? Moreover, once the decision is made, how do senior executives manage the multiple, and often conflicting institutional pressures that they face across country markets? And for those firms with an existing international footprint, how can they improve their international operations? This Global Strategy program will address these questions …and more.
The central objective of this program is to understand the rationale for international expansion and the strategic management of multinational firms (MNCs). This program will introduce you to a variety of analytical frameworks related to global expansion and multinational management. It will also help you understand how to apply those frameworks to analyze and address important global challenges, where accurate and concise strategic assessments are crucial.
In addition to understanding the global expansion of firms, participants will develop the leadership skills to work effectively across country borders. Toward that end, we will explore the cross-cultural leadership skills that help managers think broadly, to appreciate leadership styles that work well not only in their own country, but in others as well. Such skills start with understanding national institutions, how institutional values differ across countries, and the challenges these differences pose to international managers.
This program combines a variety of pedagogical approaches: lecture, discussion, case analyses, and group exercises. Emphasis is placed on self-reflection and linking the concepts from the program to the participant’s own objectives and development.
Program Benefits: During this program participants will
Learn about the institutional challenges associated with international expansion
Analyze the dimensions of institutions that impact multinational firms
Examine the impact of cultural, political, economic, and regulatory dimensions
Evaluate how firms can overcome institutional challenges
Develop a framework for measuring institutions
Apply your knowledge to build an international expansion tool
Explore the challenges of cross-cultural leadership
Program Dates: May 20 - 22, 2013
Program Tuition: $4,200
Contact Number: (212) 998 – 0789
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Disruptive Leadership: Fostering a Culture of Game-Changing Innovation
http://www.stern.nyu.edu/executive-education-open-enrollment/search/program/130/Disruptive-Leadership:-Fostering-a-Culture-of-Game-Changing-Innovation
The future is not predictable. We are living in a fast-changing and uncertain time––a disruptive age. The scale of the challenges we face and the accelerating speed of innovation demands a new approach to innovation leadership––a new way of fostering counterintuitive ideas, forcing improbable insights and opening minds to uncomfortable solutions. Disruptive Leadership is about fostering a culture of game-changing innovation that provides the framework and motivation to generate those ideas and execute those solutions. It is an essential skill for any business leader, from a small start-up to a global corporation, with the desire to transform organizational processes and behaviors, and ask, “Why hadn’t we ever thought about our business and culture this way before?”
This program is intended for organizations and institutions, executives and entrepreneurs who wish to rethink the habits that have made them successful in the past, and challenge the conventional wisdom and industry models that have defined their business. To achieve these objectives, the program combines presentations and discussion with practical exercises where participants apply disruptive leadership principles to business issues and scenarios.
Program Benefits: During this program participants will
Understand the need for disruptive innovation in a business and industry
Craft disruptive hypotheses that provoke status quo biases and behaviors
Build and lead disruptive teams with the potential for great impact and influence
Pitch disruptive ideas that create traction in the organization with stakeholders
Program Dates: November 18 - 19, 2013, June 20 - 21, 2013
Program Tuition: $2,800
Contact Number: (212) 998-0789
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