THE STRATEGY CHALLENGE (TSC)
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Who

The Strategy Challenge is for senior executives with strategic responsibilities who must ensure their organization's success today and in the future. Participants come from a variety of industries, functional backgrounds, countries and cultures.

What

Prepare your organization for the future:

  • Develop a more powerful vision for your organization, one that includes an interconnected view of your business and the world in which it operates
  • Gain an understanding of the core competencies you, your team and organization must possess to be successful in a world without boundaries
  • Strengthen your skills for innovative strategic thinking while discovering new paths to growth
  • Learn how to develop and execute a winning strategy in order to compete effectively in tomorrow's continually changing business environment

Duration

3 days, offered twice a year.

When

Program Sessions 2014
TSC 1 (SING)
September 10-12, 2014 (Singapore)
TSC 2 (RIO DE JANEIRO)
November 05-07, 2014 (Rio de Janeiro)
Program Sessions 2015
TSC 1 (SING)
September 02-04, 2015 (Singapore)
TSC 2 (RIO DE JANEIRO)
November 04-06, 2015 (Rio de Janeiro)

Fee 2014

CHF 9,500

Special team offer: Third participant from the same company is free!

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Our participants

The Strategy Challenge is for senior executives with strategic responsibilities who must ensure their organization's success today and in the future. Participants come from a variety of industries, functional backgrounds, countries and cultures.

Team opportunities

Why not use the program as a launch pad for an organizational improvement or change project? Bring together managers from different units or regions in your organization to develop a common approach, a common language - and build on this shared approach by sending executives to the same program over time.

Complexity and pace of change in the business environment must be faced with effective tools and thoughtful approaches. The Strategy Challenge helps you frame the challenges and start facing them. Fabio De Lara Gonsalez Process and Project Management Director | CIELO SA | Brazil
I highly recommend this program to all professionals facing the dramatic changes going on around us. Alexandre Macedo Mesquita Business Development Manager | Oxiteno SA Industria e Comercio | Brazil
Moulding great minds for strategic positioning in the world of business. Pattison Boleigha Chief Compliance Officer I Access Bank PLC I Nigeria
An extraordinary opportunity to master the strategic decision making process - in just three days. Fernando Barbosa Marketing Manager I Procter & Gamble I Switzerland
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Leaders must actively prepare themselves and their organizations for the future. But do you know how the major global trends impacting the world today will affect your business tomorrow? Do you know what business as usual will mean in 2025 - or even in 2015? The Strategy Challenge helps prepare senior executives to meet the challenges that all leaders will face in the future. You explore what it means to compete in complex, interconnected environments where traditional approaches are quickly becoming obsolete, and gain tools and insights to set up your organization for success.

Prepare your organization for the future:

  • Develop a more powerful vision for your organization, one that includes an interconnected view of your business and the world in which it operates
  • Gain an understanding of the core competencies you, your team and organization must possess to be successful in a world without boundaries
  • Strengthen your skills for innovative strategic thinking while discovering new paths to growth
  • Learn how to develop and execute a winning strategy in order to compete effectively in tomorrow's continually changing business environment

Strategy and leadership: A close connection

Developing and executing a winning strategy also requires leadership to get results today and build capability for tomorrow. As such, The Strategic Challenge has a direct and important link to IMD's Leading for Business Impact. While attending both programs is not required, doing so can bring significant benefits. The two programs can be taken in either order.

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The program explores three critical themes to help you prepare for the future. We challenge you at each step, enabling you to re-think what each theme means for your business in terms of the opportunities and challenges you will face in the future.

Theme 1 - Visioning the future

We start by attempting to understand the new shapes of the world in which you, your team and your organization will compete in the future. How is the world changing? Who are your future competitors, customers and consumers? And what does all of this mean in terms of creating a powerful vision for the future?

Theme 2 - Choices for the future

As a leader, you are usually under great pressure to leverage your core capabilities. But what if they aren't the right ones for the future? What will it take to succeed in 5 to 10 years? What are you doing today to prepare not only an effective strategy but also an effective business model? What are the key choices you face as you look to the future?

Theme 3 - Winning in the new real world

Lastly, we focus on critical issues that must be addressed to ensure your strategy can be - and is executed. How are you aligning and engaging your entire organization today? How are you preparing your organization for uncertainty and volatility? And for continuous change to stay ahead?

Our Faculty

Our Faculty members are recognized world authorities in their fields. Dividing their time between teaching, research and working with 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.

TSC Program Directors

Cyril Bouquet French | Canadian

Strategy


PhD Richard Ivey School of Business, University of Western Ontario

Allen Morrison Canadian | American

Global Management


PhD University of South Carolina

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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 can be found 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 six weeks before program 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 six weeks to up to 11 days before program start:

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

Within 10 days before program start:

  • Cancellation: You incur a 100% cancellation fee.
  • Transfer: You incur a 100% transfer fee.

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.

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The Strategy Challenge