WEEK 1 : STRATEGY DEVELOPMENT & EXECUTION While strategies take different forms and arrangements and exist at virtually every level and function of a company, success depends upon their consistency with one another, alignment to market actualities, flexibility to external forces and most importantly to their impeccable execution. First week of PALM 11, focuses on strategy development at different levels of organization and its execution. The areas of interest in this week includes general strategy development & implementation, Execution, Innovation, Strategic Marketing and supply chain of the future. |
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Date | Faculty Name | Company | Topic |
4-Nov | Dr. Mohamed Moustafa Mahmoud | MILE, Wharton Alumnus | Developing & Deploying Strategy Using the BSC |
5-Nov | Mr. Sherif Selim | Franklin Covey, USA | The 4 Disciplines of Execution |
6-Nov | Prof. Dr. Dewanand Mahadew | International Business Development Academy | Corporate Innovation |
7-Nov | Dr. Kamel Jedidi | Columbia Business School, USA | Strategic Marketing Management |
8-Nov | Dr. Imran Ali | Cranfield University, UK | Supply Chain of the Future |
WEEK 2 : BUSINESS GROWTH & LEADERSHIP Most business executives and entrepreneurs are of the opinion that a good strategy is essential for managing growth. Although, success definitely depends upon differentiated value propositions and focused strategy, yet the first and foremost requirement of continuous growth is to have the right environment, created through an internal enabling system, to explore and seize the opportunities generated during routine business activities. In order to achieve desired growth level, business leaders need to establish sound result-oriented operational system, develop corporate leadership and keep learning and adopting. Leaders need to be equipped with the best change management practices to ensure that their organizations are resilient and capable of maintaining constant growth. |
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Date | Faculty Name | Company | Topic |
10-Nov | Tony Swainston | Tony Swainston Ltd, UK | Corporate Leadership & Development |
11-Nov | Prof Philip Moscoso | IESE Business School, Spain | Operational Excellence |
12-Nov | |||
13-Nov | Dr. Basil Mustafa | UK | A Holistic Model of Leadership Development |
14-Nov | Dr. Walid Hejazi | University of Toronto, Canada | Change Management – Regulatory Environment |
15-Nov | Forum Speakers | Various | Meet the Leaders in Madinah Forum |
Date | Program Schedule |
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4 November - Sunday |
Developing & Deploying Strategy Using the Balanced Scorecard (BSC) Dr. Mohamed Moustafa Mahmoud, MILE, Wharton Alumnus When strategizing and then reviewing corporate results, senior managers are prone to focus excessively on financial results, which by nature is information that can only be accumulated after the damage is done. The balanced scorecard, on the other hand, lives upto it's name. This tool that has been selected by the editors of Harvard Business Review as one of the most influential business ideas of the past 75 years. In this module you will be introduced to the key principles and tools of the BSC and the method of measuring performance on an additional three perspectives; those of the customers, internal business processes and learning and growth. Dive into local case studies from Hall of Fame Award-winning organizations and get the opportunity to apply the introduced Strategic Planning toolkits to your own organization in a dynamic group setting. |
5 November - Monday |
The 4 Disciplines of Execution Mr. Sherif Selim, Franklin Covey, USA The 4 Disciplines of Execution is a proven formula by FranklinCovey which enables leaders and their teams to reach goals and break through to higher levels of performance. The 4 principles are:
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6 November - Tuesday |
Corporate Innovation Prof. Dr. Dewanand Mahadew, International Business Development Academy, Netherland Corporate innovation starts with building strategies around how your company/organisation wants to achieve its objectives and have the agility to respond to new and unexpected developments . A key challenge is to get your organisation embedded in a “matching” ecosystem leading to dynamic innovation by employing the inner structure and the outer environment. it’s about the interactions and alignment of human capital, resources, infrastructure and other assets leading to efficient co-creation that fits the market needs. Intrapreneurship in combination with entrepreneurship is a key element of the entrepreneurial economy driven by digitalisation, lifestyle and like-mindedness.
Professor Mahadew will use multiple perspectives to highlight and explain how corporate innovation can be optimised using examples of The Netherlands, one of the highest ranked innovation economies in the world. He will explain about the so-called Top Sector policy as a vehicle for Public Private Partnerships leading to sustainable innovation.
Participants will gain:
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7 November - Wednesday |
Strategic Marketing Management Dr. Kamel Jedidi, Columbia Business School, USA
Marketing is a whole organization activity which is central to the long-term survival of a business; hence building a market orientation and customer centricity is inherently important in developing stakeholder value for the firm. Marketing operates by creating, communicating, capturing and sustaining value for the firm. Value creation occurs in highly successful firms through fanatical attention to the process of understanding customer needs and developing innovative propositions which steal a march on competitors. The value generated from customer insight and customer co-creation is communicated through multiple channels and firms should seek to integrate those channels according to customers’ needs. Upon completion of this seminar, participants will be able to:
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8 November – Thursday |
Supply Chain of the Future Dr. Imran Ali, Cranfield University, UK Recent globalization has caused many enterprises to rethink their previously designed supply chain. Today, the design of supply chain is not just limited to its optimization in terms of physical flow of items from cradle to grave. But also, the influences of the innovation network as a whole. Today, transformational innovative technologies and physical infrastructure are converging. Reliable sensor technologies are now facilitating the direct communication and collaboration of parties without human interaction. This intelligence is enabling the supply chain of the future to progress from decision support to decision delegation and ultimately to predictive capability. The supply chain of the future is evolving with the emergence of latest technologies. In this evolving environment, the supply chain of the future should be instrumented, interconnected and intelligent. These three characteristics will help in effective design of the supply chain of the future. This session will
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9 – November - FRIDAY | |
10 November – Saturday |
Corporate Leadership & Development Mr. Tony Swainston, Tony Swainston Ltd., UK. Successful corporate leaders are those able to drive business results by aligning the vision, mission, and values throughout their organization. They manage with competence and lead with purpose. They are able to enlist the willing cooperation of others, while tapping into their highest skills and abilities, to achieve desired results. Their greatest leadership challenge is to find the perfect harmony between leadership and management, between strategy and execution, and of course between developing the self and developing others.
At the completion of this module you will be able to:
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11 & 12 November – Sunday & Monday |
Operational Excellence Prof. Philip Moscoso, IESE Business School, Spain
In this module we are going to cover how companies win over competitors by developing operational excellence, building agile supply chains and creating ecosystems with customers and suppliers to jointly beat competition. The objective of this Module is to learn from the best companies in the world how are they managing their operations, when and how to implement those approaches and the challenges you are going to face in the journey. We will cover three distinct areas: lean operations and beyond, developing agile supply chains and creating superior operation processes across customers and suppliers. In terms of business sectors, we will cover manufacturing (Harley Davison), retail (Zara) and services (Novo Nordisk Engineering). The sessions will also give participants the opportunity to exchange their rich experiences in different fields of business, functions and levels. |
13 November - Tuesday |
A Holistic Model of Leadership Development Dr. Basil Mustafa, UK The business environment is dynamic and always will be. No one can afford to be out of step. Organisations are constantly experiencing the impact of new technologies, re-engineering of business processes, privatisation and global market competition. Thus, successful businesses are relying increasingly on a motivated and creative workforce to keep in step with the business environment. This session explores the methods and impact of:
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14 November - Wednesday |
Change Management – Regulatory Environment Dr. Walid Hejazi, Rotman Business School, University of Toronto, Canada There are many significant changes that have occured over the past few decades which require businesses and governments to operate differently. These changes include the following big 4:
As a result of these changes, governments and regulators are increasingly adhering to standards well above legal compliance. They are pursuing policies which are fair and moral rather than just compliant. Furthermore, regulators are increasing expected to carry out their mandates in an increasingly transparent manner, as the public wants to understand how decisions are made. In this module we will explore how these changes and societal pressures have resulted in significant regulatory changes, and how these changes have material implications on the nature of how businesses must operate. |
15 November – Thursday | Meet the Business Leaders in Madinah – Forum |