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Description, Dates and Fees
Overview
New redesigned PED program to be launched in September 2012
Read the who, what and how sections to find out more about the new features and structure of this completely updated program.
New program brochure available soon!
Who:
The PED class is the most diverse group of global managers you will ever meet. A typical program consists of 40 to 60 executives, 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
What:
- Learn to drive performance in a fast-changing global environment
- Discover how to build a better business: gain skills, create networks, inspire others
- Achieve your leadership objectives through personal coaching
PED Module 1: The first step toward IMD's Executive MBA degree
Following completion of the first PED module, participants are eligible to enter the Executive MBA track. Find out more at www.imd.org/emba or contact a Program Advisor on +41 21 618 07 00.
Duration:
Current PED: 10 weeks, 2 modules of 5 weeks each (until PED II, Module 2 2012)
New redesigned PED: As of PED III Module 1, two modules of 4 weeks each with a discovery expedition, a job exchange and distance learning in between
Program structure
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When
| Dates 2012: current program design |
| PED I Module 1: Jan 24 - Feb 23, 2012 PED I Module 2: Feb 28 - Mar 29, 2012 PED II Module 1: Apr 17 - May 17, 2012 PED II Module 2: May 22 - Jun 21, 2012 |
| Dates 2012: new program design |
| PED III Module 1: Sep 3 - 28, 2012 PED IV Module 1: Oct 15 - Nov 9, 2012 Discovery Expedition: Nov 12 - 16, 2012 PED III Module 2: Nov 19 - Dec 14, 2012 |
| Dates 2013 |
| PED I Module 1: Jan 14 - Feb 8, 2013 Discovery Expedition 1: Feb 25 - Mar 1, 2013 PED I Module 2: Mar 4 - 29, 2013 PED II Module 1: Apr 15 - May 10, 2013 Discovery Expedition 2: May 27 - 31, 2013 PED II Module 2: Jun 3 - 28, 2013 PED III Module 1: Aug 26 - Sep 20, 2013 PED III Module 2: Sep 23 - Oct 18, 2013 PED IV Module 1: Oct 21 - Nov 15, 2013 Discovery Expedition 3: Nov 11 - 15, 2013 PED IV Module 2: Nov 18 - Dec 13, 2013 |
Fee 2012:
CHF 63,000
Who
Our participants
There are only a small number of people who will successfully transform the world, and IMD's Program for Executive Development is no exception. We will only make 150 spaces available in a year, and only to the most diverse group of global managers you will ever meet. A typical program consists of 40 to 60 executives, 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 successful management experience.
Team opportunities
Why not use PED as a launch pad for an organizational change or innovation project? Bring together managers from different units or regions of your organization to develop a common approach and language-and build on this shared approach by sending new executives to the same program over time.
"PED is an excellent program to brush up on 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 |
"The PED program provided me with very powerful professional tools and methodologies but also helped me gain a better understanding of my behaviors. I now feel well equipped to handle my next position and shape the future!" Patrice Guillouzic, Account Executive Oracle Utilities EMEA Oracle Corporation, France |
"PED is a unique opportunity to step beyond the boundaries of your daily work experience. The distinguished Faculty ignite new ideas and provide participants with tools to drive individual business capabilities. It is an investment that has countless returns." Sharrolyn Transfeldt Josse, Marketing Director Medtronic Suisse SA, 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 |
"PED has been the most powerful learning experience of my career so far. It combined business fundamentals with insights into my own management style and provided direction on future development areas. I was amazed by the participant interaction and the immense dedication of the program's Faculty." Michiel van Duin, Head of Compensation & Benefits Development Novartis Pharma AG, Switzerland |
"The slogan 'Real World. Real Learning' encapsulates PED. There cannot be a better program which offers the opportunity to interact and learn from people working at different levels, in different industries and in different countries. PED develops you as an executive and provides the opportunity to reflect on all aspects of your life. This program has changed me forever." Anurag Guglani, General Manager OTE Group of Companies, Sultanate of Oman |
"PED provides business knowledge, but it also develops leadership skills through reflection on yourself, your capabilities and your understanding of others. The key learning is to trust and develop the leader within you." Jesus Medina Munoz, Vice President - Fixed Income Sales Citigroup Global Markets Ltd, Spain |
"As an entrepreneur running an SME, PED provided me with highly interactive, unique experiences in a 'risk free' environment. I got the opportunity to learn from dedicated and internationally-acclaimed Faculty, from highly-qualified and vastly experienced peers, and from a carefully designed curriculum. PED strengthens general management foundations and dives deep into self-development areas. It is perfect - even for entrepreneurs!" Ashish Sood, Director Treksta India Pvt Ltd, India |
"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
IMAGINE
Imagine a world where you are constantly questioning the present you have and pushing the boundaries of what could be next. Imagine a world where you are making personal and lasting differences to the people around you, the places in which they work and the organizations in which you operate. Imagine a world that is actually the exact future you want to live in as a general manager.
At this stage in your career, you have no doubt demonstrated your business acumen and learned to get results through other people as well. But as you become a more senior executive, it is also your responsibility to effectuate meaningful change. After all, you are on stage all the time. What you say, and do not say, what you do, and do not do, where you spend your time, and how you display your energy are all seen with a magnifying glass by the people around you, and has a strong impact on the choices that people make and the ways in which you touch their lives.
- You might be ready for this challenge but are you sufficiently prepared?
- Are you challenging yourself and others enough to become more than what you are today?
- To grow into a space that only you can fill?
PED is a general management program for proven executives who want to augment their role in business and society. It is a program for those who are asking to be challenged in everything they do because that is the only way they can ensure they will make a difference with the decisions they make.
If you are a proven executive who wants to "push the envelope" and interact with some of the brightest minds in the world of management theory and practice, we urge you to explore this new PED. It will give you the knowledge, the tools and skills you need to develop innovative ideas and strategies that will enhance the value you personally create, for yourself and for others, as a global executive and as a general manager.
For you:
- Create a concrete plan for impact
- Develop core operational abilities
- Strengthen your leadership qualities
- Experience firsthand what is happening in peer organizations and new markets
- Benchmark with similarly successful and aspirational executives across industries and geographies
For your organization:
- Develop people who can create positive change
- Encourage top talent
- Take action on a project of strategic interest
- Engage in the individuals' learning process
- Expand the possibility horizon through new ideas, innovations and opportunities
- Establish a global network of executive peers
How
A tailored program
PED is designed around two residential modules of four weeks each and one remote bridge, during which you take part in a job exchange experience, join a discovery trip and complete a self-defined and self-directed learning project.
Module one: Visioning your future
Phase I: Understand - A focus on the essential set of skills and competencies that general managers must possess in order to be successful on the job.
We approach these business fundamentals in new ways, organizing them in a framework that highlights the fundamental shifts it takes to become an effective general manager:
- From specialist to generalist
- From analyst to integrator
- From tactician to strategist
- From bricklayer to architect
- From warrior to diplomat
- From problem-solver to problem-finder
- From supporting cast to lead role
Phase II: Be aware - A cross-disciplinary exploration of the key challenges faced by organizations and their general managers today-and likely in years to come.
We discuss key social and industry trends, uncertainties in the economic climate, political factors, technological evolutions, and changes in customer needs that will require innovative approaches to the way general managers conceptualize their business as they prepare their organization for the future.
The Bridge: Make Sense - Create links between what you have learned in the first module and what you want to accomplish in the second by getting out of your comfort zone in three ways:
1. Job exchange experience
You visit the office of another PED participant (not in a competitor company) and observe each other in action over a week or trade jobs for a week. Facilitated by IMD's team of professional coaches, you will set objectives for your exchange, conduct regular debriefs and share impressions of what was observed and learned.
As a result, you will:
- Become familiar with another industry, company and location
- Gain an understanding of the type of challenges your PED colleagues face in their specific business contexts
- Develop insights on leadership practices, to be further explored in module two
2. Discovery expedition
Offered in three different locations every year, discovery expeditions provide you with unique challenges and learning opportunities. Each participant is required to join a minimum of one discovery expedition (though may participate in more at additional charge), which must be completed prior to starting module two. Example trips include the following (though destinations change from year to year):
- Work with rural farmers in Africa
- Construct your legacy in the history of London
- See growth in its raw form in Ho Chi Minh City
- Develop innovative solutions for the bottom of the pyramid in India
As a result, you will:
- Be inspired to think differently and become a general manager that plays an essential positive force for change in the world
- Broaden your horizons through interaction with local stakeholders, NGOs, public authorities, local businesses, and economists
- Face new challenges related to ethics/sustainability/corporate social responsibility or the idea of shared value
3. Self-directed learning project
You define the project you want to undertake as part of your journey from the present you have to the future you desire. Approved by the program directors, these completely individual projects are facilitated by IMD program managers, the IMD InfoCenter, coaches, other PED participants and participants' sponsors, as relevant to the project.
As a result, you will:
- Develop an action plan to advance a specific challenge
- Receive individualized learning inputs
- Experience a direct positive change upon leaving the program
Module 2: Building your future
Phase III: Create
Learn from the latest technology and process innovations, and immediately apply this new knowledge to your individual self-directed learning project. Predominantly facilitative, this phase involves prototyping, testing, revising and transforming activities, with formal checkpoints both for project progress and for learning and leadership advancement progress measures.
Creating features:
- Effectuation
- Design thinking
- Surprise
- Prototyping: testing
- Revisions: refinement
Phase IV: Commit
In this final phase, you commit to a concrete plan of action, which involves engaging with your teams, organizations and countries in new ways. You will be challenged to think big, but also to start small by doing things concretely.
Commitment features:
- Getting people into action
- Mapping your stakeholders
- Engaging with your stakeholders
- Communication
- Negotiation
- Gaining commitment
IMAGINE
Participation in IMD's Program for Executive Development turns "imagine" into "action", through:
| GROWTH Visualize and create the future you want to live in as mature general manager on personal, organizational and societal levels. | |
| CHALLENGE Leverage this development opportunity to extend your limits and strengthen your ability to take on tough challenges | |
| PERSONALIZATION Take on projects of specific personal/organizational interest and application, and receive more individualized learning inputs from coaches, mentors and sponsor (in addition to program faculty). | |
| REALITY Connect classroom learning with what is going on outside in a tangible way that challenges you to get your hands dirty and exposes you to situations taking you out of your comfort zone. | |
| IMPACT Generate positive change that can be attributed to your interaction with the 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 |
Stuart Read
American
Marketing, Innovation and Entrepreneurship
PhD University of Washington
» Contact
» Biography
» Publications
Cyril Bouquet
Canadian & French
Strategy
PhD Richard Ivey School of Business, University of Western Ontario
» Contact
» Biography
» Publications
| PED Faculty |
Albrecht Enders
German
Strategy and Innovation
PhD Leipzig Graduate School of Management
» Contact
» Biography
» Publications
Shlomo Ben-Hur
Israeli/American
Leadership, Organisation, Corporate Learning
PhD Humboldt University of Berlin
» Contact
» Biography
» Publications
Preston C. Bottger
Australian
Leadership and Management Development
PhD Australian Graduate School of Management
» Contact
» Biography
» Publications
Arturo Bris
Spanish
Finance
PhD INSEAD
» Contact
» Biography
» Publications
Suzanne de Janasz
American
Leadership, Organization Development, Negotiation
PhD University of Southern California
» Contact
» Biography
» Publications
Benoît Leleux
Belgian
Stephan Schmidheiny Professor of Entrepreneurship and Finance
PhD INSEAD
» Contact
» Biography
» Publications
Sean A. Meehan
Irish
Martin Hilti Professor of Marketing and Change Management
PhD London Business School
» Contact
» Biography
» Publications
Anand Narasimhan
British and Indian
Organizational Behavior
PhD, Vanderbilt University
» Contact
» Biography
» Publications
Philip M. Rosenzweig
American
Strategy and International Management
PhD The Wharton School, University of Pennsylvania
» Contact
» Biography
» Publications
Joachim Schwass
German
Family Business and Entrepreneurship
PhD University of Fribourg
» Contact
» Biography
» Publications
Leif M. Sjöblom
Finnish
Financial Management
PhD Stanford University
» Contact
» Biography
» Publications
Szekely Francisco
Mexican and Hungarian
Sandoz Family Foundation Professor of Global Leadership and Sustainability
PhD Washington University
» Contact
» Biography
Nikos Tsikriktsis
Greek & Australian
Operations and Service Management
DBA Boston University
» Contact
» Biography
» Publications
John Weeks
American
Organizational Behavior
PhD MIT Sloan School of Management
» Contact
» Biography
» Publications
Michael Yaziji
American
Strategy
PhD INSEAD and University of California
» Contact
» Biography
» Publications
Fees and Conditions
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 I start:
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 I start:
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Within 10 days before PED Module I start:
Note: Participants must attend Module II no later than 18 months after Module I. |
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 fee, if you intend to transfer but do not attend another program within 24 months, you forfeit the program fee.
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| Cancellation and transfer policy |