Leadership Institute: Management Focus
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What is the Management Focus?
These management area courses are designed to provide actionable takeaways for participants to improve the results in their units. The learning outcomes for the management focus include:
- How to interpret and use financial statements and how to use data to improve decision-making for the enterprise
- How to exploit opportunities through planning
- How think strategically and plan at strategic level
- How to build capacity for getting unit results (how to work through people)
- How create expectation of results for others
- How to create cooperation to bring people together around common ends and how to effectively use leadership to gain commitment by individuals
Course Descriptions:
Strategic Management (MG 7825). This is an executive development course from the perspective of thinking strategically and managing and leading as the person in charge. The course is a comprehensive exploration of the role of the general manager and the specific mindset and skills required to lead units and companies. The course will look at the skills of delegating authority, managing performance, gaining cooperation, and aligning people in order to get results. The course takes a comprehensive look at being in charge and the requisite management and leadership skills necessary to do so effectively. (2 credit hours)
Financial Management Cert (AC 6120). A practical, activity-based course involving the definition, creation, interpretation, and evaluation of financial statements, including effects of key financial decisions, construction of financial metrics, application of basic valuation tools, and determination of relevant costs for decision making. (1 credit hour)
Business Intelligence (BIA 6300). Business leaders must have the ability to collect and interpret information concerning customer, suppliers, competitors, and make decisions that affect their company’s performance. Business Intelligence is a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making with an emphasis on knowledge management. Students will apply the concepts of business process analysis, quality control and improvement, performance monitoring through performance dashboards and balanced scorecards and process simulation. (1 credit hour)
Additional Options:
If a firm wants the participants to get a broader business acumen experience, we could add or substitute a simulation course that is 2 credits. As a substitution, it could be in place of BIA 6300 and/or AC 6120. This simulation course would put participants in executive teams where they would start up a company, fund it through venture capital, and execute strategies by implementing production, marketing, selling, finance, accounting, and selling functions. Note if this is added or substituted in a way that increases the base credit hours above 4, the price would reflect this addition.
Proposed Options, Management Focus:
Course (Credit hours) |
Open Enrollment |
Company Sponsored |
Strategic Management (2) Analytics and Strategy (1) Financial Acumen (1)
|
Time to Complete: 4 weeks** Meeting Freq.: 1.5 days a week** Meeting Duration: Full days and half days
|
|
Total Credit Hours: 4 |
Min Class Size: 10 Participant Cost: $4,000 |
Max Class Size: 18 Company Cost: $30,500 |
Target Audience: High potential and experienced managers |
||
** Probable that this is not four consecutive weeks, but completed in a 5-6 week timeframe |
*Company pays for the books and materials. Here are per-person approximate costs for each focus:
Communication: $175 per person
Management: $100 per person
Leadership: $150 per person
Possible Scheduling:
Sample Schedule for Management – Delivery Option 1
|
Thursday (half day) |
Friday (full day) |
Week 1 |
Financial Acumen (4 hours) |
Financial Acumen (4 hours) Strategic Management (4 hours) |
Week 2 |
Strategic Management (4 hours)
|
Financial Acumen (4 hours) Bus. Intelligence (4 hours) |
Week 3 |
Strategic Management (4 hours) |
Strategic Management (4 hours) Bus. Intelligence (4 hours) |
Week 4 |
Strategic Management (4 hours) |
Strategic Management (4 hours) Bus. Intelligence (4 hours) |
Please note that these are just examples of how the schedule could work. For open enrollment sessions we would likely use Friday and Saturday, but could use weekdays for company sessions in-house. Also note that the 4-week schedules are intensive in that not only is there is the face-to-face time listed here but some between-session work students will be required to do.
Leadership Institute Focus Areas: