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Indian Institute of Management Bangalore

Thinking Strategically Category Name

Venue : IIMB Campus
Last date for registration: 23 Oct, 2023
Start Date : 02 Nov, 2023
End Date : 04 Nov, 2023
Early Bird Discount Date : 12 Oct, 2023
Residential Fee(excluding GST) :  Rs. 1,05,000
Residential Early Bird Fee(excluding GST) :  Rs. 94,500
Non-Residential Fee(excluding GST) :  Rs. 90,000
Non-residential Early Bird Fee(excluding GST) :   Rs. 81,000

Programme Overview
Traditionally, crafting an organization strategy was viewed to be the responsibility of senior leaders of organizations. However, with increasing uncertainty in the business environment, modern organizations need almost every employee to think strategically. This programme aims at embedding principles of strategic thinking among participants, so that they can be valuable contributors to formulating and implementing winning strategies for their organizations. At the heart of strategic thinking lies creating a sustainable competitive advantage. Participants would develop insights about how to create value for the customers, how to capture value and how to design organizations for sustaining competitive advantage. 

Programme Objective
This programme is aimed at creating a discipline of strategic thinking and strategic practice among the participants. Strategic thinking comprises making a set of integrated choices from alternatives under conditions of uncertainty. The programme will equip participants with knowledge and skills necessary for generating alternatives and making choices that would enable their organizations to achieve their business objectives.

Programme Content
This programme is divided into three modules. In the first module, we discuss why an organization exists, who are its most important customers, and what is the need of the customer that the organization fulfills through its products and services. In the second module, participants analyze how such needs of the customer can be addressed profitably over a sustained period of time while in the third module, participants understand the levers for executing the strategy successfully.  

Leaders need to be competent in both strategic thinking and strategy execution for their organization to be successful in a competitive and dynamic world of business. This programme sharpens the critical thinking, analytical and conceptual abilities of the participants, so that they develop a clear idea of the process of strategizing and be ready for different kinds of internal and external challenges that their organization might need to face in future.


Key Benefits/Takeaways
The participants will learn how to think strategically, which means how to consider options and make choices regarding different dimensions of strategy. They will be taught powerful yet simple frameworks that will enable them to structure their thoughts in terms of industry attractiveness, competitive advantage, and competencies of their organization, and make choices for achieving their organization’s business objectives.

The pedagogy will be a mix of case studies, interactive lectures, and workouts. Participants will be involved in several exercises where they will apply the frameworks and techniques that will be discussed in class

Who Should Participate
This programme is suitable for senior leaders or top managers of organizations, who are involved in formulating organization strategy and responsible for implementing the strategy that they formulate. While the programme is primarily targeted towards leaders from the for-profit sector, leaders from the social sector or public policy domain will also gain from it, since the principles of strategic thinking is domain agnostic and therefore, applicable to all kinds of organizations and initiatives. It will be useful if there are multiple participants from the same organization, since they can work in groups on various dimensions of organization’s strategy

Programme Director

This programme will be run by Sourav Mukherji, who is a Professor and Dean of Alumni and Development at the Indian Institute of Management Bangalore. An engineer from IIT Kharagpur and Fellow (PhD) of IIM Bangalore, Sourav has been teaching courses pertaining to strategy, organizations, inclusivity, and sustainability at IIM Bangalore as a faculty member for the past nineteen years. He has extensive experience of consulting for organizations from diverse industries and sits on advisory boards of several social enterprises. At IIM Bangalore, Sourav has held several leadership positions such as Dean of Programmes and Chairperson of MBA programme. Prior to joining IIMB, Sourav worked for the Boston Consulting Group as a strategy consultant and for IBM and Oracle in product management functions. Sourav has published several case studies through Harvard Business Publishers and a book titled Inclusive Business Models through Cambridge University Press. Sourav has received several awards and recognitions for his teaching at IIMB. He is an avid follower of sports, enjoys running long distances and explores means of transferring lessons learnt from sports to management.

Programme Fee
INR 1,05,000/- Residential and INR 90,000/- Non -Residential (+ Applicable GST) per person for participants from India and its equivalent in US Dollars for participants from other countries.

Early Bird Discount
Nominations received with payments on or before 12-Oct-23 will be entitled to an early bird Discount of 10%.
Early Bird Fee (Residential) INR 94,500/-(+ Applicable GST)
Early Bird Fee (Non-Residential) INR 81,000/-(+ Applicable GST)

Group Discount
Group Discount of 5% percentage can be availed for a group of 3 or more participants when nominations received from the same organization.

Please Note
All enrolments are subject to review and approval by the programme director. Joining Instructions will be sent to the selected candidates 10 days prior the start of the programme.

The programme fee should be received by the Executive Education Office before the programme commencement date.

In case of cancellations, the fee will be refunded only if a request is received at least 15 days prior to the start of the programme.

If a nomination is not accepted,the fee will be refunded to the person/ organisation concerned.

A certificate of participation will be awarded to the participants by IIMB.


How to Apply

Sample Certificate

Note: Certificate image is for reference to potential participants only and may change at the discretion of Executive Education Programmes Office