LEAD with distinction
LEARN... ENHANCE... ASPIRE... DELIVER...
LEAD: An Advanced Management Programme Batch 03
LEAD is a dynamic, cross-functional and immersive one-year programme by IIM Calcutta, designed for senior executives who are committed to driving systematic change for themselves, their teams, and their organisations. The programme uniquely integrates leadership development and cognitive skill-building with macroeconomic and strategic thinking frameworks. Through deeply immersive training modules, an academically rigorous curriculum, and a world-class faculty, IIM Calcutta’s LEAD seeks to transform senior executives into insightful and impactful senior leaders.
INDEX A Leadership Vacuum
04
About the Programme
05
Programme Highlights
06
Key Learning Outcomes
07
Programme Content
08
Content Breakdown
09
Pedagogy, Programme Delivery & Schedule
12
Eligibility, Admission, Attendance & Evaluation Criteria
13
Certification & Alumni Status
14
Programme Directors’ Profiles
15
Vox Alumni
17
Programme Fee
20
Instalment Schedule & Important Dates
21
About IIM Calcutta
22
About TimesTSW & Times Group
23
A L EA D E R SH I P VACU UM
7%
40%
10%
80%
In a survey of CEOs by Fortune magazine, only 7% of CEOs believed their companies were building effective global leaders.
Strategic leadership doesn't come easily in most organisations. Statistics show that fewer than 10% of leaders exhibit strategic leadership skills.
As per EY, developing ‘Next Gen’ leaders is among the top-most challenges for global C-level executives.
According to Harvard Business Review, 40% of transitions into leadership roles made by people identified by their companies as ‘high potentials’ end in failure. The Leadership Development Trends report by Mercer-Mettl estimates that around 80% of the organisations in India face a leadership talent shortage.
The leadership vacuum manifests the urgent need for experienced senior executives and business leaders to enhance their leadership capabilities – to lead their organisations into the future. Take the leap with IIM Calcutta’s LEAD – an advanced management programme.
Sources: www.forbes.com, hbr.org, www.mckinsey.com, www.mmc.com, www.ey.com
AB OU T T HE P ROGRAM M E Experience a profoundly impactful learning journey that propels you and your organisation to the next level. The business environment is undergoing rapid changes driven by technological innovations, customer preferences, disruptive business paradigms, and changing geo-political equations. These ongoing shifts have been accelerated in many industries by the global COVID-19 pandemic. Demands on senior executives have never been greater. IIM Calcutta's LEAD: An Advanced Management Programme, has been designed with an awareness of today’s business realities. It is an experiential programme that provides senior executives with the knowledge and skills needed to make sense of disruptive changes and steer their organisations in the right direction. LEAD is an innovative programme that leverages IIM Calcutta's distinctive strength in blending theory and practice to offer business leaders an opportunity to contemporise their managerial capabilities and to sharpen their leadership acumen. It is aimed at senior executives who aspire to head dynamic, industry-shaping enterprises.
PR O G R A M M E B E NE F IT S
Learning through a balance of cutting -edge management theory and deeply engaged practice
Networking opportunities with professionals across various industries
Personal development through reflection and feedback
PR O G R A M M E H IGH LIGH T S
Innovative programme design that structures leadership development capabilities across four sequential modules
Comprehensive curriculum covering contemporary topics like Design Thinking and Competing in the Digital Age
Deep immersion in lectures, exercises, and case discussions around themes such as leadership and change
Three campus immersion modules enabling face-to-face sessions with experienced IIM Calcutta faculty*
Networking opportunities with successful professionals across diverse industries
IIM Calcutta Executive Education Alumni Status
Interaction with current and past CEOs
*Subject to control and state COVID-19 restrictions and evolving health hazards
K EY L E A R N I N G OU T COM E S
01
Learn about the fundamentals of finance, strategic thinking, and operations management.
02
Turn the latest theories and best practices into actionable strategies.
03
Master key leadership skills, including negotiation, conflict resolution and design thinking.
04
Learn how to engage systematically with complex business problems including digitalisation and global disruption.
05
Develop dynamic leadership planning frameworks to effectively manage change.
06
Understand organisational inertia and pursue growth opportunities.
07
Master the foundations of impactful leadership by imbibing robust leadership practices.
PR O G R A M M E CON T E N T
DE LI VE R
AS PI RE
EN HA N CE
LE AR N
L E
The first module, LEARN, aims to help participants gain an executive perspective on the core functional capabilities every business leader should master.
The second module seeks to ENHANCE participants’ cognitive capacity by exposing them to experts on higher-order managerial capabilities such as design thinking and strategic analysis.
The third module, ASPIRE, fosters cross-functional competencies amongst participants to tackle contemporary challenges in management by imbibing, for instance, an appreciation for the digital disruption across industries, the ongoing character of innovation in organisations, and the challenges and opportunities in an imperfectly globalised world.
In the fourth module, participants gain insights on how to DELIVER distinctive execution inside organisations through a deep immersion in lectures, exercises, and case discussions around themes such as leadership and change, and through workshops with present or past CEOs reflecting on their experiences.
C O N T E N T B R E AKDOWN M O D U L E 01 LEARN: The Functional Capabilities of the Business Enterprise Navigating Finance: Linking financial statements with corporate goals, understanding global and domestic financial markets, strategic financial decisions, financial restructuring, creating shareholder wealth, and business valuation. Nurturing Brands: Market segmentation and product positioning, managing brands. Orchestrating Supply Chains: Managing value chains, managing risk in supply chains, operational excellence and value creation, embedding a quality orientation in the organisation. Deploying Human Capital: Employee engagement, compensation design, and strategic role of HR.
MODULE 02 Enhance: The Cognitive Capabilities of the Distinctive Executive Design Thinking: Fundamentals of design thinking, developing a design-centric culture, overcoming behavioural biases against design thinking, creating models to solve complex problems, blending design thinking and analytical thinking. Negotiation and Conflict Resolution: Identifying effective bargaining styles, building trust, pre-negotiation strategy, engineering the deal, ethics in negotiations. Management of Self: Understanding self, managing relationships, managing differences in organisational contexts, an appreciation of critical thinking, communicating in interpersonal and group contexts in organisations. Strategic Thinking: Modes of strategic thinking, bridging business strategy and corporate strategy, pursuing competitive advantage, formulating and executing strategies.
MOD U L E 03 Aspire: Contemporary Challenges for the Business Enterprise Attaining Customer-centricity: Principles of customer relationship management, bringing customer focus to the organisation, customer value proposition, value-based pricing, managing the customer life cycle. Renewing through Innovation: Imbibing a start-up mindset, organisation design for innovation, embedding innovation-seeking processes in organisations, financing innovation, business model innovation. Competing in the Digital Age: The digital revolution and its implications for the organisation of work, understanding opportunities for and threats to your business in the digital era, the emergence of platform-based competition, formulating a digital strategy, overhauling your organisation to take advantage of the digital age. Pursuing Global Opportunities in a Deglobalising Era: The global environment of business and competition, assessing country risk, understanding geopolitics; developing a global strategy for your enterprise, different models of managing global organisations.
MOD U L E 0 4 Deliver: Pathways and Outcomes for the Impactful Executive Practising Leadership: Understanding leadership styles, identifying and honing your leadership skills, motivating teams and groups, transformational leadership, managing in a crisis, fostering leadership systems. Managing Change: Understanding organisational inertia, initiating purposeful change, framing change and constructing consensus, building ambidexterity in the organisation, renewing organisational identity. Unleashing Growth: The growth imperative, resources and capabilities, make or buy growth decisions, strategic decisions of acquisition and strategic alliances, decision-making under uncertainty. Communication Strategies: Leadership and Communication; Persuasion; Communication Analytics; Public Speaking
Cross-Cutting Sequences The CEO Looks Back: Talks by and interaction with current and past CEOs on their experience of leading their organisations. Perspectives on the New Normal: Perspectives on managing and decision-making in and through the global COVID-19 pandemic.
PEDAGOGY The pedagogy will involve IIM Calcutta’s distinctive portfolio method, which uses a variety of techniques, including case discussions, lectures, and experiential exercises, depending upon the specific learning objective.
PROGRAMME DELIVERY & SCHEDULE The sessions will be delivered through Direct-2-Device (D2D) mode for the first module, and the remaining three modules will be delivered through face-to-face sessions at the IIM Calcutta campus. Programme coverage equivalent to the first module will be delivered in the live online mode through one weekly session.
CLASS SCHEDULE Class Schedule for the 1st Module Saturday – 3:30 p.m. to 6:30 p.m.
CAMPUS IMMERSION The programme will have a total of three campus modules. Each campus module will be of 6 days duration. The campus modules will be conducted subject to the evolving pandemic situation and will depend on government and institute regulations, advisories and guidelines related to the pandemic. Schedule for Campus Modules 2nd Module: 9th to 14th May, 2022 (check-in on 8th May, 2022 & check-out on the evening of 14th May, 2022) 3rd Module: 12th to 17th September, 2022 (check-in on 11th September, 2022 & check-out on the evening of 17th September, 2022) 4th Module: 12th to 17th December, 2022 (check-in on 11th December, 2022 & check-out on the evening of 17th December, 2022)
DURATION One year
WHO SHOULD ATTEND? LEAD is designed for experienced senior executives in industry-leading enterprises as well as for proprietors of growing businesses seeking to renew their business knowledge and managerial capabilities and sharpen their leadership acumen.
ELIGIBILITY CRITERIA Executives with a minimum of 15 years of experience in reputed organisations OR Proprietors/Directors of corporations with turnover not less than ₹500 crore
ADMISSION CRITERIA Participants will be selected based on their application and credentials.
EVALUATION METHODOLOGY Participants will be evaluated on the basis of their: Learning Diary: The participants would be required to record their thoughts on the learning during the programme and how these learnings relate to the world of practice and their own managerial experience. Organisational Manifesto: The participants would frame a brief note at the start of the programme on a specific goal they would like their organisation to pursue and submit a detailed note at the end of the programme on how exactly the said goal can be pursued, based on the learning from the programme. Evaluation methodology will include assignments also. All participants would be awarded one of the following grades: ‘Excellent’; ‘Good’; ‘Fair’; or ‘Poor’.
C ERT I F I C AT I O N & ALUM N I STAT US Candidates will successfully complete the programme if they have completed all requirements of the programme, including those pertaining to attendance and evaluation. Successful candidates will receive a certificate of completion from IIM Calcutta. Those with requisite participation but unable to complete successfully will receive a certificate of participation. Attending all campus modules is a mandatory requirement for completing the programme. Successful candidates will also be accorded IIM Calcutta Executive Education Alumni status
LDP / LEAD-02 / 01
Indian Institute of Management Calcutta This is to certify that
has participated in the
LEAD (Learn | Enhance | Aspire | Deliver): an Advanced Management Programme hheelldd dduurriinngg
January 2022-December 2022
(Prof. Anirvan Pant)
(Prof. Ashok Banerjee)
(Prof. Manish K Thakur)
Programme Director
Programme Director
Dean (New Initiatives & External Relations)
PR O G R A M M E DIRE C T ORS ’ P ROF ILES Professor Ashok Banerjee Professor, Finance and Control Prof. Ashok Banerjee joined the Indian Institute of Management, Calcutta (IIM-C) as Professor (Finance and Control) in August 2004. Prior to joining IIM-C, he was a professor at IIM-Lucknow. He was the Dean (New Initiatives and external Relations) of IIM Calcutta during 2012-20I5. He is a Postgraduate in Commerce from University of Calcutta, a qualified Chartered Accountant and holds a PhD. Prof. Banerjee, during his tenure as Dean, was instrumental in setting up an Incubator at IIM Calcutta called IIM Calcutta Innovation Park, which is duly recognized by the Department of Science & Technology (DST) as a Technology Business Incubator. Prof. Banerjee teaches Corporate Finance in the first year, and Corporate Restructuring, Trading Strategies and Business Valuation in second year of the MBA Programme at IIM Calcutta. He also teaches Empirical Finance and Corporate Finance in the PhD programme. Prof. Banerjee was the founder-coordinator of the Financial Research and Trading Laboratory of IIM Calcutta. He was instrumental in starting the International Finance Conference in 2009 at IIM Calcutta. The conference is now rechristened as India Finance Conference and is organized jointly by IIM Calcutta, IIM Bangalore and IIM Ahmedabad. His current areas of research include high frequency finance and sentiment analysis. Prof. Banerjee studies the behaviour of algorithmic traders in intraday market. He is particularly interested in the role of proprietary algorithmic traders in supporting market quality. In sentiment analysis domain, he uses text from corporate filings and electronic media to estimate default probability of corporate borrowers. He is presently working on directional prediction of inflation using news. Prof. Banerjee serves as an independent director on the Boards of companies in the financial and technology sectors.
Prof. Anirvan Pant Associate Professor, Strategic Management Prof. Anirvan Pant is an Associate Professor of Strategic Management at IIM Calcutta. He completed his doctoral studies and received the title of ‘Fellow of the Indian Institute of Management Bangalore’ from IIM Bangalore. Anirvan’s teaching interests lie in competitive strategy, corporate strategy, global strategy, and strategic leadership. Research articles written by Anirvan have appeared in the Harvard Business Review, Journal of International Business Studies, Global Strategy Journal, and the Journal of Product Innovation Management. His research has also been cited in the Economist. Anirvan was a finalist for the Gunnar Hedlund Award 2010/2011 for the best dissertation worldwide in the field of international business. He has received the Outstanding Reviewer Award for 2005–2009 and the FDC Best Paper in Strategy / IB Theory Award 2011 from the International Management Division of the Academy of Management.
VOX A LU M N I Ms. Anchal Kaushal Head of Customer Marketing DIAGEO India Pvt. Ltd. I am currently working with a company called Diageo in India, which is an alcohol beverage company and I have worked for a considerable part of my life in the alcohol beverage world. It was like running a marathon, I would seldom stop to look back at my footsteps. it’s important for me to get a functional understanding and update my marketing knowledge. I did go through a lot of programmes until I stumbled upon LEAD. Whether it is the digital application, innovation, etc., I’m satisfied that my choice of this programme has been pretty enriching. This programme was broken into four modules and in each of those modules, the campus visit is for five days, which is you know, extremely enriching because it's very immersive. You’re here for you know, five to six days and you're cut off from the world.
Mr. Karthik Bhati Senior Vice President, Retail Sales Fullerton, India Credit Limited My name is Kartik Bhati. I work as a Senior Vice President, Retail Sales with Fullerton, India Credit Limited. When you are in the middle management, and you don’t have the time to pause there is always a better opportunity awaiting. If you are aspiring CXO or already in a CXO position, enrolling for a programme helps you to reflect upon what you’ve been doing well and what can be improved, and I think this is a great opportunity to come to a campus like IIM and spend some time. It helps to remove some of the dilemmas you face as a manager.
Mr. P.R. Sinha Senior Vice President Writer Corporation My name is P.R. Sinha. I’m the Senior Vice President at Writer Corporation, Mumbai. My primary objective was to have different perspectives in marketing and finance, strategic decision-making, HR operational excellence, etc. And it’s best to have it from the subject matter experts. So, I evaluated the programmes based on my interest and my area of focus, this programme was best suited for me. The content was very good. The way the course was structured was crisp, to the point, and very well covered. The faculty was excellent and some of the experts like Professor Ashok Banerjee, Professor Anirvan Pant brought their unique perspective to the table. Overall, I’ve benefitted from this course in terms of further developing my conviction on various topics, having insights on which way to go, because very often in the business, you deal with complex, ambiguous situations where you don’t have a clear answer, but you have to make business decisions. So, I think a course like this certainly helps you to think more maturely and make conscious decisions when you’re faced or confronted with difficult issues.
Bharaniraj L Associate Vice President - Business Development at ISS Facility Services India Private Limited After years of experience, I found there is more to be learnt, which is prima facie for me to take up this programme. This is one of the interesting programmes from IIM Calcutta. This programme is thoroughly designed from the frame of perspective itself. I would say, excellent professors no doubt about it. Fantastic material. I would recommend other people to join this course mainly is not about just having another certificate; it gives a lot of confidence to you in the first place. Please take up this programme. It’s a good programme, definitely to it’s worth it. Wish you all the best. Thanks.
Anant Rastogi Director Marketing, South Asia I am a global marketing communication professional with over 25 years of experience. I have held leadership roles in leading organisations. I have been looking for a programme that could help me accelerate my career progression, a programme where I can use the knowledge and skills that I have acquired over the last 2 decades. Also, use this course as a testing platform to see if these skills are still valued. When I read about the LEAD programme content and needless to mention the credentials of the iconic institutions like IIM Calcutta, I could not find any better programme that could help me achieve my expected outcomes. After having attended several management development programmes, I strongly recommend that you attend this year-long programme and increase the opportunity to build a close trusting relationship with professionals of varied talents. I have been able to create an ever-lasting bond with leaders and friends. The hall of fame moments for me is the Executive Alumni status and the course certification from IIM C with top grades.
PRO G R A M M E F E E Particulars
Amount (in ₹) (excluding GST)*
Registration Fee Processing Fee** Programme Fee Campus Visit Fee for On-campus Stay^ Total Fee (Excluding Registration Fee)
16,750 20,000 6,56,000 1,44,000 8,00,000
*GST will be additional as applicable. Collection of Fee: All fees are payable to BCCL. ** Processing Fee Processing fee includes ₹16,750 towards the application fee and ₹3,250 towards the total programme fee. Processing fee of ₹20,000 is refundable in case the participant’s profile is rejected by IIM Calcutta. ^Off-Campus Stay Candidates will have the option of making their own stay arrangements during the campus modules. They will be required to choose this option at the time of registering for the programme. No change will be allowed later. The campus visit fee for participants staying off-campus during the campus modules will be ₹5,000/day + GST. Total amount to be paid will be ₹90,000 + GST.
I N S TA L M E N T SCH E DUL E Instalment Schedule for Programme Fee Payment Instalment I
Date
At the time of application
Amount (₹)*
3,250
Instalment II Instalment III Instalment IV
Within one week of offer letter roll-out date
10th April, 2022
10th November, 2022
10th August, 2022
1,96,750 1,52,000 1,52,000 1,52,000
*GST will be additional as applicable.
Instalment Schedule for Campus Stay Campus Visit 1
Campus Visit 2
Campus Visit 3
Date
10th April, 2022
10th August, 2022
10th November, 2022
Amount to be paid for in-campus stay (₹) *
48,000
48,000
48,000
Amount to be paid for off-campus stay (₹) *
30,000
30,000
30,000
*GST will be additional as applicable.
I MPO RTA N T DAT E S Application Closure Date
25th January, 2022
Academic Orientation Date
11th December, 2021
Class Start Date
08th January, 2022
Programme End Date
December 2022 APPLY NOW
AB OU T I I M C A LCU T TA
79 85
th Rank
in QS Global MBA Rankings 2021
Ranked among the top 85 business schools in the world in FT Executive Education Ranking – Customised 2020
3 th 44
rd Rank
in NIRF Rankings 2020 Rank in FT Global MBA Rankings 2021
Spread across a 135-acre campus, the Indian Institute of Management Calcutta (IIM Calcutta) was established as the first national institute for Postgraduate Studies and Research in Management by the Government of India in November 1961 in collaboration with Alfred P. Sloan School of Management (MIT), the Government of West Bengal, the Ford Foundation, and the Indian industry. Over the years, IIM Calcutta gained global repute for imparting high-quality management education through its Postgraduate and Doctoral level Programmes, Executive Training Programmes, and Research & Consulting activities. It is the first 'Triple Accredited' management school from India – with accreditations from Association to Advance Collegiate Schools of Business (AACSB), European Quality Improvement System (EQUIS) and Association of MBAs (AMBA). It is also the only Indian business school that is a member of the Global Alliance in Management Education (CEMS). Today, IIM Calcutta is one of Asia's finest business schools. Its strong ties to the business community make it an effective mechanism for attracting India's best talent and promoting management practices in Indian organisations.
A B O U T T I M E S T SW The Second Wind (TSW) is an initiative by Times Professional Learning for working professionals who are keen to hone their skills to add value to their work for a more rewarding career. TSW's passion for excellence and a brief that "Executive Education Empowers" work hand-in-hand with the organisation's aim to impart knowledge to business professionals nationwide.
A B O U T T I M E S G ROUP The Times of India Group began its operations in 1838 and is India's oldest and largest media house. The Times of India is the world's largest-selling English newspaper, with over 5 million copies sold daily. The Economic Times is the world's 2nd largest English business newspaper, second only to The Wall Street Journal, with over 800,000 copies sold daily. The Times Group is also India's most diversified media conglomerate with assets across Publishing, Radio, TV, Out of Home (OOH) and Online Media.
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