IMD International
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PROGRAM FOR EXECUTIVE DEVELOPMENT (PED)

Building global leaders

Who

PED is designed for people who are excited about learning from other experienced leaders who come from a variety of different functions, industries and cultures.

What

  • Learn to drive performance in a fast-changing global environment
  • Discover how to build a better business: gain skills, create networks, inspire others
  • Reach your leadership objectives with personal coaching
  • Get ready for IMD's Executive MBA degree

Duration

10 weeks: 2 modules of 5 weeks each

When

Dates 2010

Module 1 August 3 - September 2, 2010

Module 2 September 7 - October 7, 2010

Module 1 October 12 - November 11, 2010

Module 2 November 16 - December 16, 2010


Dates 2011

Module 1 January 18 - February 17, 2011

Module 2 February 22 - March 24, 2011

Module 1 April 5 - May 5, 2011

Module 2 May 10 - June 9, 2011

Module 1 August 2 - September 1, 2011

Module 2 September 6 - October 6, 2011

Module 1 October 11 - November 10, 2011

Module 2 November 15 - December 15, 2011


Fee 2010

CHF 63,000

Fee 2011

CHF 63,000

Post-program coaching is part of PED. If you wish to take advantage of additional coaching sessions, this can be arranged (fees apply).

Our participants

The PED class is the most diverse group of global managers you will ever meet. A typical program consists of 40 to 60 participants, representing 20 to 30 nationalities and a range of functional backgrounds and industry experiences. The average age is 40, with at least 10 years of management experience.

PED is designed for people who are excited about learning from other experienced leaders who come from a variety of different functions, industries and cultures.


" A unique opportunity to meet and work closely with a group of exceptionally talented and motivated professionals from a wide range of industries and cultures. An amazing learning experience which combines academic rigor with the practical hands-on experience of high-flying industry executives."

Vlassis Liakouris, Deputy Managing Director
United Cement Company of Nigeria (UNICEM), Nigeria


"It has been a great pleasure and an amazing experience working with such highly professional and intellectual people. I gained a lot from the different discussions and will never forget the great amount of effort put in by IMD and its professors to make PED such a success. I always say "choices we take dictate the life we lead" and I believe I made one of the best choices in my life by coming to PED."

Saeed Al Hamli, Chief Executive Officer
Etisalat, Afghanistan


"PED is an excellent program to brush up your theoretical knowledge and to align it with the needs of your daily business life. The contact with such a diverse group of exceptional participants is extremely inspiring."

Iwan Brunner, Chief Financial Officer
Elevadores Atlas Schindler SA, Brazil


"If you are in a mid-transition, if your industry is in crisis, if you want to boost your career - PED is a great opportunity to find solutions and help you make decisions. But it is also 10 weeks of "brain rejuvenation" which undoubtedly helps you in the future."

Dmitry Paramonov, Executive Director, Head of Multiple Family Office
OJSC URALSIB, Russia


"An exciting way to learn about businesses, companies' cultures, real stories of success and failure...but more than anything to connect with amazing people and absorb the learning of their true stories and values. I recommend PED for every executive!"

Alessandro Zanelli, Country Business Manager
Nestlé Purina Petcare, Hungary


"PED is more than a program; it's a life-changing experience."

Jérôme Dano, HR Director
Nestlé Egypt SAE, Egypt


"The most powerful aspect of the PED program is knowledge sharing between participants in the many group works. To sit with executives from all corners of the world and a large variety of industries and discuss problems and find solutions is highly inspiring and rewarding."

Samuel Bon, Senior Officer, Corporate Performance & Risk
International Committee of the Red Cross (ICRC), Switzerland


"PED is an extremely valuable program for leaders transitioning into general management, as it cuts across all business disciplines, challenges your thinking and decision-making, and raises self-awareness. Significant benefit comes from fellow course participants due to their varied backgrounds and global experience. The networks built through this environment provide a strong platform for ongoing learning."

Karen Stoffels, Asia Pacific/Africa, General Manager
Orica Ltd, Australia


"I chose PED to become a better manager and I am very happy with the experience. I never thought I would come out of these 10 weeks with the skills to tap into my personal power to become the visionary and influential leader I always wanted to be."

Catherine Daar, Internet Marketing & Communication Specialist
Switzerland

The following companies have put their trust in IMD in the past by sending participants to PED:

- Solvay
- Nestle
- Saudi Aramco Saudi Arabian Oil Company
- Novartis
- A.P. Moller Maersk
- Grundfos
- Novo
- Swisscom
- Holcim
- UBS
- Mitsui & Co


What

Are you moving from a functional role into general management with broader responsibilities? Do you need more insight into all business functions? 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, the Program for Executive Development (PED) has been paving the way 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.

In PED, you will:

  • Learn to drive performance in a fast-changing global environment
  • Discover how to build a better business: gain skills, create network, inspire others
  • Achieve your leadership objectives through personal coaching

 

Leading your business for sustained, superior performance

IMD's Program for Executive Development (PED) is a general management program, structured in two modules. Module 1 provides a thorough grounding in functional foundations like marketing, finance and operations, and shows you how to integrate across functions. In Module 2 you will focus on strategy and execution, and will discover how to leverage the opportunities and deal with the challenges of globalization. The two modules together prepare you to maintain superior performance in your business in an increasingly turbulent environment and in the face of greater demands for sustainable development.

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Functional foundations

  • Marketing: Strengthen relationships with your customers and create value for them and your organization
  • Operations: Collaborate with your supply chain to deliver great products and services in record time at minimal expense
  • IT: Get the most value from your IT investments
  • Product development: Create innovative products and services reliably
  • Finance: Understand basic finance tools and how to use them to make strategic decisions

Cross-functional integration

  • Create, structure and use information across all functions for competitive advantage
  • Design the right financial structure and systems for your business
  • Collect and integrate innovative ideas from across the company and from outside partners
  • Develop a measurement and reward system to maximize performance
  • Learn how to form, manage and get the most from cross-functional teams

Strategy

  • Analyze your business and competitive context
  • Formulate winning strategies and defend them with distinctive competencies
  • Compete in a global industry, enter foreign markets, and build a sustainable competitive advantage
  • Drive the continuous renewal of your firm through entrepreneurship, acquisitions and alliances

Execution

  • Set stretch goals, communicate goals and strategies effectively, and negotiate for buy-in
  • Understand how organization structures and their supporting management systems impact execution
  • Function effectively in matrix and networked organizations
  • Work effortlessly across diverse global cultures
  • Manage change and renewal
  • Practice responsible leadership



 


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.

Developing high-impact leadership skills

PED is also about you the leader. In the program you will: Work with a personal coach to gain insights and identify your leadership strengths and weaknesses based on a self-assessment, 360° evaluation, feedback from your PED peers, and your coach's insights Understand your impact on others through coach-led experiential exercises Develop your personal vision and detailed plans to take charge of your future Find out more about continuous personal development in PED.

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.

A typical day

Other activities:

  • Guest Speakers
  • Team-building exercises
  • Site visits
  • 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.


PED Program Directors

Bala Chakravarthy
American/Indian
Shell Professor of Sustainable Business Growth
DBA Harvard University

Contact
Biography
Publications

Chakravarthy_Bala-VIS5

David Robertson
American
LEGO Professor of Innovation and Technology Management
PhD MIT Sloan School of Management

Contact
Biography
Publications

David Robertson
PED Faculty

Shlomo Ben-Hur
Israeli/American
Leadership, Organisation, Corporate Learning
PhD Humboldt University of Berlin

Contact
Biography
Publications

Ben-Hur_Shlomo

Ralf Boscheck
German
Lundin Family Professor of Economics and Business Policy
PhD Hochschule St.Gallen

Contact
Biography
Publications

Ralf Boscheck

Preston C. Bottger
Australian
Leadership and Management Development
PhD Australian Graduate School of Management

Contact Biography Publications

Preston_Bottger_VIS5

Arturo Bris
Spanish
Finance
PhD INSEAD

Contact
Biography
Publications

Bris_Arturo_VIS5

Cyril Bouquet
Canadian and French
Strategy
PhD Richard Ivey School of Business, University of Western Ontario

Contact Biography Publications

bouquet_cyril

James E. Henderson
Canadian
Strategic Management
PhD INSEAD

Contact
Biography
Publications

Henderson_James-VIS5

Benoît Leleux
Belgian
Stephan Schmidheiny Professor of Entrepreneurship and Finance
PhD INSEAD

Contact
Biography
Publications

Benoit Leleux

Anand Narasimhan
British and Indian
Organizational Behavior
PhD, Vanderbilt University

Contact
Biography
Publications

Narasimhan_Anand_vis5

Winter Nie
American/Chinese
Operations and Service Management
PhD University of Utah

Contact
Biography
Publications

Winter Nie

Stuart Read
American
Marketing
PhD University of Washington

Contact
Biography
Publications

John-Stuart Read

Philip M. Rosenzweig
American
Strategy and International Management
PhD The Wharton School, University of Pennsylvania

Contact
Biography
Publications

Rosenzweig_Philip-VIS5

Adrian Ryans
British/Canadian
Marketing and Strategy
PhD Stanford University

Contact
Biography
Publications

Ryans_Adrian

Joachim Schwass
German
Family Business and Entrepreneurship
PhD University of Fribourg

Contact
Biography
Publications

Schwass_Joachim

Leif M. Sjöblom
Finnish
Financial Management
PhD Stanford University

Contact
Biography
Publications

Leif M. Sjöblom

Paul Strebel
Swiss/South African
Sandoz Family Foundation Professor
PhD Princeton University

Contact Biography Publications

Paul Strebel

John Weeks
American
Organizational Behavior
PhD MIT Sloan School of Management

Contact
Biography
Publications

Weeks_John_VIS5

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.

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.


Cancellation & transfer policy

IMD must be notified in writing of all cancellations and transfers. If you are admitted to a program, but find that you are unable to attend, you have the following cancellation and transfer options:

Up to 6 weeks before PED module 1 start:

  • Cancellation: You receive a full refund of the program fee.
  • Transfer: You may transfer to the next available session with no transfer fee.

Note: IMD programs tend to be fully booked well in advance. Space may not be available in a later session.


From 6 weeks up to 11 days before PED module 1 start:

  • Cancellation: You incur a 50% cancellation fee.
  • Transfer: You incur a 20% transfer fee.

Within 10 days before PED module 1 start:

  • Cancellation: You incur a 100% cancellation fee.
  • Transfer: You incur a 100% transfer fee.
  • PED module 2 transfer:
  • 1st transfer within 10 weeks before the start of module 2: You incur a 10% transfer fee.
  • 2nd transfer, even if more than 10 weeks before the start of module 2: You incur a 10% transfer fee.
  • You must attend module 2 no later than 18 months after module 1.

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.


 

Cancellation and transfer policy PED
Program Dates for PED

Module 1 Aug 3 - Sep 2, 2010

Closed to applications

Module 1 Oct 12 - Nov 11, 2010


Module 2 Sep 7 - Oct 7, 2010

Fully Booked with Waiting List

Module 2 Nov 16 - Dec 16, 2010


Your next step

 
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