PROGRAM FOR EXECUTIVE DEVELOPMENT (PED)

Our participants

PED develops fast-track individuals motivated to lead and grow their businesses in an increasingly competitive, networked and global environment.

A typical PED class has between 40 and 60 participants, representing 20 to 30 nationalities and a range of functional backgrounds and industry experiences. The average age is 40 (within a range of 33 to 45), with at least 10 years of management experience.

Your PED classmates already have significant management experience and responsibility. They share your goals of broadening knowledge across functions and business challenges, gaining leading-edge perspectives and tools, developing as leaders, and shaping an organization's future.

What

Are you moving from a functional role into general management with broader responsibilities? Do you need more insight into all business functions? Are you managing a global corporate project? Do you need to understand your business more deeply to improve strategic decisions and implement them? Are you ready to take the next big step in your professional development?

These are big challenges. They are not for everyone. But you can get ready for the path ahead. For three decades, PED has been paving the path to advancement for tomorrow's global leaders.

The 10-week program is split into two 5-week modules. You can take PED in one block of 10 weeks or split the modules with a break of 3 to 18 months between the two. Why 10 weeks? Because serious development requires breadth and depth. Why two modules? Because your organization depends on you, and this flexibility helps you adapt the timing to your needs.

Leading the business with the Program for Executive Development

Download a summary of program themes

IMD’s PED program integrates five critical business challenges, actions for leadership development, and foundations of business functions.

Create an individual learning plan with your own leadership goals. In PED you work with a coach to create a leadership learning plan based on self-assessments and other inputs, including an optional 360° developmental assessment with feedback from your own organization. First, you identify your own learning milestones. Then, throughout the program, you partner with Faculty, peers and your coach to reach them.

Find out more about continuous personal development in PED.

PED addresses five important themes for today’s businesses:

• Guiding growth
  Should growth be achieved organically or with acquisitions? How fast, how much? How can you manage growth while maintaining your current business success?
  
• Driving innovation
  How can you build an organization that thrives on innovation? Not just the "next big thing", but continuous innovation that creates value for customers.
  
• Managing complex organizations
  You have projects that cross the organization and the world. How can you effectively manage this complexity? You need alliances with suppliers, customers and sometimes even competitors.
  
• Leveraging globalization
  How can you turn barriers (cultural, legal, diverse ways of doing business) into opportunities?
  
• Inspiring effective change
  Should change be incremental or revolutionary? How can you achieve the best outcome?

How

PED is 10 weeks of rigorous learning. It is fast paced with a broad spectrum of issues, deep content and intense interactions among peers and Faculty. Topics are brought to life through case studies, management simulations, complex negotiations, reflective assignments, outdoor exercises, role playing, guest experts and site visits.

In PED you develop your own path to high-impact leadership:

• Work with a personal coach to gain insights and identify your leadership strengths and weaknesses
• Understand your impact on others through coach-led experiential exercises
• Enhance your personal sustainable performance with power, energy and drive
• Participate in a mountain retreat for reflection and peer coaching
• Develop your personal vision and detailed plans to take charge of your future
• Continue learning after the program through a follow-up session with your coach

Partner program: During the last two days of PED Module 2, participants’ partners are invited to share the PED experience at IMD.

Sponsors are invited to attend class any day and to meet with the program co-directors when on campus.

Download a typical day at PED

Other activities:

• Site visits
• Special dinner events
• Team-building exercises
• Guest speakers
• Complete fitness program

Prepare yourself for the Executive MBA. PED constitutes the Foundation Stage of the IMD Executive MBA (EMBA). As a graduate of PED, you can apply for admission to IMD’s EMBA program.

Our Faculty

Our Faculty members are recognized world authorities in their fields. They divide their time between teaching, research and acting as consultants to international companies. They remain on top of the latest management trends.

You can expect timely, innovative learning activities, materials and content in all IMD programs.

In this section, you will find important information on the program fee, application, invoicing, cancellation and transfer. If you have any questions, please do not hesitate to contact our program advisors.

Fee

The program fee (which is mentioned on the overview page) includes tuition, teaching materials, and lunch on weekdays. Travel or living expenses are not covered. You must settle your own hotel bills, both when in Lausanne and on off-campus assignments, as well as all dinners and lunches on weekends when applicable. IMD reserves the right to modify the program fee at any time.

Tentative reservation

To make a non-binding reservation, send us a completed tentative reservation form. This carries no obligation and is not a substitute for the formal application form.

Application & invoicing

Your application is forwarded to the program director who will evaluate it to ensure that the program corresponds to your objectives and profile. This can take approximately 1 week.

During this time you will receive an e-mail asking you to submit a purchase order number if required. Should your company ask you to provide them with a purchase requisition or cost estimate for internal purposes you can use our purchase requisition or cost estimate generator.

The information & registration office will notify you of the outcome of your application. If you are accepted, they will send your acceptance letter and invoice fee together by priority mail.

From this point, your enrollment will be considered firm by both you and IMD.

Please pay the program fee within 30 days of the invoice date and no later than the commencement of the program. If you register within 1 month of the start of the program, you must settle the invoice immediately without exception.
Payment can be made by bank transfer or credit card.

Up to six weeks before the program start date, a program coordinator will contact you with information on hotels and pre-program preparation. Please note that IMD reserves enough rooms for each participant on the program.

If accepted, you understand that you must be completely free of professional duties while attending this program and that you must attend all scheduled sessions and activities.

Substitution

A participant can be substituted on the same program session without incurring any fees. The substitute needs to apply and be admitted.

Note: Once you have paid the program tuition fee, if you do not attend another program within 24 months, the program fee will be forfeited.