Harvard Business School and India for a new program

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BOSTON–Harvard Business School (HBS) announces seven Executive Education programs for 2012 scheduled to take place at the HBS India Research Center (IRC) in Mumbai, India. New to the 2012 portfolio are four programs offered for the first time in India including Launching New Ventures, Aligning Strategy and Execution, Leading Innovation and Leadership and Corporate Accountability. In addition to the new programs, returning programs include Managing and Transforming Professional Service Firms – India,Building a Global Enterprise in India and Develop India – Real Estate Strategies for Growth.

“India continues to be a critically important marketplace in the new global economy, and HBS is delighted to build on the strong foundation we already have in India with new, strategic executive programming that can help businesses identify new opportunities, strengthen the fundamentals and position themselves for sustainable long-term growth,” said David Yoffie, professor of international business administration and senior associate dean and chair of Executive Education at HBS. “The HBS presence in India is very much a two-way street. Since 2007, our portfolio of Executive Education programs in India has contributed to the education and growth of senior level Indian executives, and in return we’ve expanded our own knowledge through research, partnerships with leading Indian companies and relationships with business leaders in India.”

Of the new programs, Launching New Ventures – India, will take place June 11-14, 2012. This program will help business leaders navigate through the risks and uncertainty associated with both starting a new enterprise, as well as launching new business lines within an already established company. The program will use proven research and business models from successful Indian companies to help leaders define and prioritize business initiatives and evolve their strategies to better fit organizational growth.

“India continues to offer a unique business, technological and regulatory environment which creates tremendous opportunities and distinct challenges for entrepreneurs,” said Lynda M. Applegate, Sarofim-Rock Professor of Business Administration at HBS and faculty chair of Launching New Ventures – India. “By learning how to analyze opportunities and then turn those opportunities into successful and sustainable businesses, we hope participants will leave better equipped to launch and build high impact businesses in India, or abroad. The faculty team is looking forward to discussing the opportunities and challenges of launching new ventures in India with the participants who attend the program.”

The Aligning Strategy and Execution – India program taking place June 18-21, 2012 is designed to help executives gain a better understanding of their competitors and overall industry forces as they implement strategies that will position their business to be a strong global contender.

“The overall success of any company depends on an acute awareness of their place within the global environment of a particular industry”, said Stephen P. Bradley, HBS professor of business administration and faculty chair of Aligning Strategy and Execution – India; “In a turbulent, globalized marketplace, there are ample opportunities for businesses to identify and capitalize on their own unique competitive advantage and better position themselves as a leader in their industry. What the program hopes to do is help participants understand how to sustain their position by learning to forecast industry change, and then aligning business resources and goals accordingly.”

Leading Innovation – India, taking place August 20-23, 2012, focuses on providing business leaders with the tools to recognize opportunities in the Indian market for product and service innovation across a variety of industries. Led by renowned experts on innovation management, Stefan H. Thomke and David E. Bell, the program encourages participants to cultivate an experimental mindset toward all aspects of an organization in order to streamline the innovative process and drive competitive advantage.

“What is important is that business leaders foster a culture that values every aspect of their enterprise as an opportunity to develop new skills or capabilities,” said HBS Professor of Business Administration and Faculty Chair of Leading Innovation – India Stefan Thomke. “By realizing the value of innovation and learning how to effectively implement innovative strategies, businesses are essentially able to do more with less.”

The final new program in India in 2012 will be Leadership and Corporate Accountability – India, to be held on August 20-23, 2012. Participants will work to develop and embrace policies and practices focused on ethical responsibility and principled decision-making. Using real world examples from companies facing ethical challenges and crises, Leadership and Corporate Accountability – India will help executives understand how to best respond to an organization’s often competing legal, financial and ethical needs with prudence and integrity.

“Now, more than ever, there is pressure to reconcile the financial needs of an organization, with sound ethical principles and corporate responsibility, “said Rohit Deshpandé, faculty chair of Leadership and Corporate Accountability and HBS professor of marketing. “This program hopes to illuminate, for executives, the relationship between codes of conduct and corporate performance so businesses may ultimately benefit their customers, their communities and themselves.”

As with all HBS executive education programs, all programs in the 2012 India portfolio will replicate the world-renowned HBS learning experience with classes taught by members of the School’s senior faculty using the HBS case method to guide participants through research and best practices. Together a diverse set of peers will enjoy an interactive experience that extends the learning process through personal and professional networks long after the conclusion of each program.