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GREAT LAKES INSTITUTE OF
    MANAGEMENT
        Chennai
The Lake view
PGP Lecture Theatre – Lake Michigan
Founder and Dean
Dr Bala Balachandran
      Padma Shri, 2001
      Professor Emeritus, Kellogg School of
       Management, North Western University
         J.L. Kellogg Distinguished
          Professor in Accounting,
          Information, and
          Management, Kellogg School
          of Management, Northwestern
          University from 1984 - 2008
         Director of the Accounting
          Research Center from 1985-
          2006.
      Executive Professor and Strategy Advisor to
       the Dean, Bauer College of Business,
       University of Houston
Philosophy



Global mind-set, Indian Roots
External Board of Directors
• Dr. Bala V. Balachandran – chairman of the board
• Mr.A.Mahendran – Managing Director. Godrej
  Saralee Limited
• Mr. Shantanu Prakash – Educomp
• Mr. BSK Naidu – Chairman of GLIEMR
• Mr. Mohan Lakhamraju – Dy Chairman of GLIEMR
Business Advisory Council
• Ratan N Tata Chairman - Tata Sons Limited (Chairman of the BAC)
• Mr.Kumaramangalam Birla - Chairman, Aditya Birla Group
• Ms.Indra Nooyi - CEO PepsiCo.
• Mr.N R Narayanan Murthy - Chairman and Chief Mentor, Infosys
  Limited
• Mr.S.Ramadorai - CEO, Tata Consultancy Services
• Mr. Roger Nelson, Ex-Chairman, E&Y Consulting; Chairman, Water
  Stone Group and Great Lakes Educational Foundation, U.S.A., Inc.
• Mr.Deepak Parekh - Chairman HDFC and IDFC
• Mr.A M Naik - MD & CEO Larsen and Toubro Limited
• Mr.GRK Reddy - CMD Marg Limited
Academic Advisory Council
• Dr. Bala V.Balachandran - Founder and Dean, Great
  Lakes (Chairman of the AAC)
• Dr. Philip Kotler –Kellogg School of Management
• Dr. Raghuran Rajan – University of Chicago
• Dr. ‘Seenu’ V.Srinivasan – Stanford Graduate School
• Dr. Srikant Datar – Harvard Business School
• Dr. Paul Prabhaker – College of Business, Northern Illinois
  University, USA
• Dr. Bala Chakravarthy – IMD Switzerland
• Dr. B. Mahadevan – IIM Bangalore
Collaborations, MOUs
Programs offered
• One year PGPM – full-time (for people with
  experience of at least 2 years)
• Two year PGXPM – quarterly residencies - (for
  people with experience of at least 2 years)
• Two year PGWPM – week-ends
• Two year PGDM – full time (for freshers)
• GEMBA – Exec MBA in Energy Management
• Open Programs / Symposiums / Seminars
• Exec Education & Leadership Development
  programs
Our Faculty

                Some Visiting Faculty
• Dr. Finn E Kydland – Nobel Laureate (Economics),
  University of California, Santa Barbara
• Dr. ‘Seenu’ V. Srinivasan – Stanford Graduate School
• Dr. Shyam Sunder – Yale School of Management
• Prof. S.P. Kothari – MIT
• Dr. ‘Shiva’ K. Shivaramakrishnana – University of Houston
• Dr. Marty Subrahmanyam – NYU Stern School of Business
• Dr. Aswath Damodaran – NYU Stern School of Business
Our Students

          Mean
          GMAT
          Score
                     • 710

         Mean Cat
          Score      • 96.5

         Average
           Work
        Experience
                     • 45 months
Centers of Excellence


                              Marg Infrastructure Center
Kotler Srinivasan Marketing                of Excellence
Center of Excellence


                       Centers of
                       Excellence

                              Orchid Pharma Center for
Union Bank of India Banking   Excellence in Technology
Center of Excellence                       Innovation &
                                    Technopreneurship
Our Campus

    Great Lakes Institute of Management
• LEED platinum rated green campus on 40 acres
  of land – probably the only one in Asia
• State of the art and environment friendly
• Rooted in Indian Ethos – courtyard style
  construction
• Open Air Theater
• Water Courts named after Great Lakes, for micro
  climactic effect
Corporate engagements
Context


Corporates are the end Consumers of
           Business Schools
                 &
   Hence the prime raison d’eitre
Corporate (Customer)
engagement framework


                  People




       Info,
  Intelligence,            Solutions
     Insights
Corporate (Customer) Needs

• People – qualified & upgraded
  progressively
• Solutions – concepts, models,
  applications, methods,– for
  Strategic, Systemic, technological &
  financial problems & needs
• Information/Intelligence/Insights
Executive Education,
Learning & Development
War for Talent

“I told my leaders that if they believed that
        People are the responsibility of HR,
          they’ve totally missed the point”

                               - Kevin Sharer
                                      Amgen
LDP Context

             TALENT
           MANAGEMENT




BUSINESS                PERFORMANCE
  PLAN       LDP        MANAGEMENT




            CAREER &
           SUCCESSION
            PLANNING
Leadership Passages
Ignorance      Awareness


           People

               Knowledge
 Ability
                (Why, what, how)
Competence


Knowledge          Skills

          Energy

 Values        Attitudes
engagement value proposition



           3
                           1
           Biz
                        reaction
         results



                   2
                 change




                   25
Exec edu, L&D

  Pgxpm
                    Open programs
  gemba


            Leadership
           Development


                         Partnered
Interventions
                         programs
Transformation path
                                                    Master

                                           Expert
EXPERTISE




                                   Competent


                                  Adept
                                                Ability Threshold
                     Apprentice
            Novice

Ignorant
                             TIME
EXECUTIVE LEARNING
Open Programs
• Seminar, Symposia, Workshops
• Lecture Tours by Thought Leaders

Partnered Programs
• Customized Programs
• Certificate Programs
Leadership


Executive        strategic




       People




            30
Approach Philosophy


Corporates invest for Do-ability

  Excellence, is but a Habit..

 Practice maketh Perfection..
Mass customization




     © great lakes institute of
          management
LDP Context




    LDP
1
                           Assessment
                            center to
                           map profile           2
               8                              Establish
           Hot seat                          Individual
                                              L&D Plan



     7                                                    3
                      Strategic Leadership
Job Rotation              Development                 Aggregate
  Stretch                   Program                  L&D matrix to
Assignments                                              AMP
                           template


               6
                                                     4
         Leaders Talks
                                             AMP roll-out
           Huddles              5
                              Exec
                            Coaching
Development gaps
         identification
        ASPIRATION                                      CURRENT ROLE /
      NEXT 2 POSITIONS                                    POSITION




             KNOWLEDGE                                      CURRENT
               SKILLS                                   PERFORMANCE –
COMPETENCY




                                    AFI                KRAs - Performance
  PROFILES




              ATTITUDES                                CURRENT BEHAVIOUR
               VALUES                                     TP/ OBT / PGL
               ENERGY              AFI


                          © great lakes institute of
                               management
Learning internalization
process
                                    LEARNING FROM
         AFI                        LDP RESIDENCIES


                  PERSONAL &
                 PROFESSIONAL
               DEVELOPMENT PLAN
                     (P2DP)

               RITUALS                  INTEGRATE           DAILY
                                                         MANAGEMENT

                                                  MENTOR / COACH / ASSESS
    HR    MENTOR            BOSS
                                                      MONITOR PROGRESS

                                              FEEDBACK

                         © great lakes institute of
                              management
Stake-holders

1.   Participant
2.   Reporting Superior
3.   MC
4.   Mentor
5.   Coach
6.   HR
7.   GL
PARTNERED PROGRAMS

         Prelimina           Appreciati             Program            Program          Evaluatio
PROCE        ry              ve Enquiry              Design            Delivery            n
  SS      Meeting
                           Study client’s
                                                                     Deliver         Evaluate
                           Vision, Mission,
         GLCI                                                        program,        Learnings,
                           Values, Strategy,
         Introduction,                         Form faculty team,    Invite          Summarize
                           Culture,
         share                                 decide learning       debates,        feedback into
 GLCI                      Structure,
         Approach,                             process and           Situations to   improvement
 ROLE                      Business
         Experiences,                          pedagogy; Build       contextualize   ideas. Assess
                           Objectives,
         ask for Primary                       programs content      Learnings,      Post Learning
                           Competition,
         Needs                                                       Emphasize       Internalizatio
                           Competencies
                                                                     key Insights    n
                           etc.
                                                                                     Enumerate
         Company                                                     Participate,
                           Provide Industry    Review, Question ,                    Learnings,
         Overview,                                                   Provoke,
 CLIEN                     and Company         Offer suggestions                     give Program
         Strategic                                                   Debate,
                           Inputs, Arrange     on programs,                          Feedback,
   T     posture, Target
                           for meetings with   Schedule
                                                                     Relate to
                                                                                     Measure
 ROLE    Group, prima-                                               work-place,
                           stake-holders/      communicate and                       Effectiveness
         facie Learning                                              Learn,
                           Participants        Buy-in participants                   of Learnings
         Objectives                                                  Internalize
                                                                                     in Action
                           Clarified
                                               Finalized Faculty
                           Business                                  Focus on
                                               Team, Confirmed
         Alignment on      Context, Scope,                           skills          Program
                                               Program Contents,
 FOCUS   approach,         Objectives and                            building,       Effectiveness.
                                               Program Materials,
         Understanding     Priorities.                               Improved        Internalizatio
   /                                           Schedule and
MANAGEMENT CONSULTING

• Arising from Needs Identification
• Direct requirements
• Assignment based
• Tenure based
• Advisory
• Hands on
APPLIED RESEARCH

• Centers of Excellence
• Chair Professorships
• Fellowships
• Specific requirements
• By faculty
• By students
COLLABORATION

• Grants
• Awards
• Scholarships
• Endowments
• Sabbatical – faculty/executives
FACULTY

• More than 100 visiting
• Mix of Academicians, Consultants &
  Corporate Leaders
• From top schools – India, US, Asia
• Celebrities in their areas
• Extensive Consulting experience
Quo Vadis ?

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Presentation on exec education

  • 1. GREAT LAKES INSTITUTE OF MANAGEMENT Chennai
  • 3. PGP Lecture Theatre – Lake Michigan
  • 4. Founder and Dean Dr Bala Balachandran  Padma Shri, 2001  Professor Emeritus, Kellogg School of Management, North Western University  J.L. Kellogg Distinguished Professor in Accounting, Information, and Management, Kellogg School of Management, Northwestern University from 1984 - 2008  Director of the Accounting Research Center from 1985- 2006.  Executive Professor and Strategy Advisor to the Dean, Bauer College of Business, University of Houston
  • 6. External Board of Directors • Dr. Bala V. Balachandran – chairman of the board • Mr.A.Mahendran – Managing Director. Godrej Saralee Limited • Mr. Shantanu Prakash – Educomp • Mr. BSK Naidu – Chairman of GLIEMR • Mr. Mohan Lakhamraju – Dy Chairman of GLIEMR
  • 7. Business Advisory Council • Ratan N Tata Chairman - Tata Sons Limited (Chairman of the BAC) • Mr.Kumaramangalam Birla - Chairman, Aditya Birla Group • Ms.Indra Nooyi - CEO PepsiCo. • Mr.N R Narayanan Murthy - Chairman and Chief Mentor, Infosys Limited • Mr.S.Ramadorai - CEO, Tata Consultancy Services • Mr. Roger Nelson, Ex-Chairman, E&Y Consulting; Chairman, Water Stone Group and Great Lakes Educational Foundation, U.S.A., Inc. • Mr.Deepak Parekh - Chairman HDFC and IDFC • Mr.A M Naik - MD & CEO Larsen and Toubro Limited • Mr.GRK Reddy - CMD Marg Limited
  • 8. Academic Advisory Council • Dr. Bala V.Balachandran - Founder and Dean, Great Lakes (Chairman of the AAC) • Dr. Philip Kotler –Kellogg School of Management • Dr. Raghuran Rajan – University of Chicago • Dr. ‘Seenu’ V.Srinivasan – Stanford Graduate School • Dr. Srikant Datar – Harvard Business School • Dr. Paul Prabhaker – College of Business, Northern Illinois University, USA • Dr. Bala Chakravarthy – IMD Switzerland • Dr. B. Mahadevan – IIM Bangalore
  • 10. Programs offered • One year PGPM – full-time (for people with experience of at least 2 years) • Two year PGXPM – quarterly residencies - (for people with experience of at least 2 years) • Two year PGWPM – week-ends • Two year PGDM – full time (for freshers) • GEMBA – Exec MBA in Energy Management • Open Programs / Symposiums / Seminars • Exec Education & Leadership Development programs
  • 11. Our Faculty Some Visiting Faculty • Dr. Finn E Kydland – Nobel Laureate (Economics), University of California, Santa Barbara • Dr. ‘Seenu’ V. Srinivasan – Stanford Graduate School • Dr. Shyam Sunder – Yale School of Management • Prof. S.P. Kothari – MIT • Dr. ‘Shiva’ K. Shivaramakrishnana – University of Houston • Dr. Marty Subrahmanyam – NYU Stern School of Business • Dr. Aswath Damodaran – NYU Stern School of Business
  • 12. Our Students Mean GMAT Score • 710 Mean Cat Score • 96.5 Average Work Experience • 45 months
  • 13. Centers of Excellence Marg Infrastructure Center Kotler Srinivasan Marketing of Excellence Center of Excellence Centers of Excellence Orchid Pharma Center for Union Bank of India Banking Excellence in Technology Center of Excellence Innovation & Technopreneurship
  • 14. Our Campus Great Lakes Institute of Management • LEED platinum rated green campus on 40 acres of land – probably the only one in Asia • State of the art and environment friendly • Rooted in Indian Ethos – courtyard style construction • Open Air Theater • Water Courts named after Great Lakes, for micro climactic effect
  • 16. Context Corporates are the end Consumers of Business Schools & Hence the prime raison d’eitre
  • 17. Corporate (Customer) engagement framework People Info, Intelligence, Solutions Insights
  • 18. Corporate (Customer) Needs • People – qualified & upgraded progressively • Solutions – concepts, models, applications, methods,– for Strategic, Systemic, technological & financial problems & needs • Information/Intelligence/Insights
  • 20. War for Talent “I told my leaders that if they believed that People are the responsibility of HR, they’ve totally missed the point” - Kevin Sharer Amgen
  • 21. LDP Context TALENT MANAGEMENT BUSINESS PERFORMANCE PLAN LDP MANAGEMENT CAREER & SUCCESSION PLANNING
  • 23. Ignorance Awareness People Knowledge Ability (Why, what, how)
  • 24. Competence Knowledge Skills Energy Values Attitudes
  • 25. engagement value proposition 3 1 Biz reaction results 2 change 25
  • 26. Exec edu, L&D Pgxpm Open programs gemba Leadership Development Partnered Interventions programs
  • 27. Transformation path Master Expert EXPERTISE Competent Adept Ability Threshold Apprentice Novice Ignorant TIME
  • 28. EXECUTIVE LEARNING Open Programs • Seminar, Symposia, Workshops • Lecture Tours by Thought Leaders Partnered Programs • Customized Programs • Certificate Programs
  • 29. Leadership Executive strategic People 30
  • 30. Approach Philosophy Corporates invest for Do-ability Excellence, is but a Habit.. Practice maketh Perfection..
  • 31. Mass customization © great lakes institute of management
  • 32. LDP Context LDP
  • 33. 1 Assessment center to map profile 2 8 Establish Hot seat Individual L&D Plan 7 3 Strategic Leadership Job Rotation Development Aggregate Stretch Program L&D matrix to Assignments AMP template 6 4 Leaders Talks AMP roll-out Huddles 5 Exec Coaching
  • 34. Development gaps identification ASPIRATION CURRENT ROLE / NEXT 2 POSITIONS POSITION KNOWLEDGE CURRENT SKILLS PERFORMANCE – COMPETENCY AFI KRAs - Performance PROFILES ATTITUDES CURRENT BEHAVIOUR VALUES TP/ OBT / PGL ENERGY AFI © great lakes institute of management
  • 35. Learning internalization process LEARNING FROM AFI LDP RESIDENCIES PERSONAL & PROFESSIONAL DEVELOPMENT PLAN (P2DP) RITUALS INTEGRATE DAILY MANAGEMENT MENTOR / COACH / ASSESS HR MENTOR BOSS MONITOR PROGRESS FEEDBACK © great lakes institute of management
  • 36. Stake-holders 1. Participant 2. Reporting Superior 3. MC 4. Mentor 5. Coach 6. HR 7. GL
  • 37. PARTNERED PROGRAMS Prelimina Appreciati Program Program Evaluatio PROCE ry ve Enquiry Design Delivery n SS Meeting Study client’s Deliver Evaluate Vision, Mission, GLCI program, Learnings, Values, Strategy, Introduction, Form faculty team, Invite Summarize Culture, share decide learning debates, feedback into GLCI Structure, Approach, process and Situations to improvement ROLE Business Experiences, pedagogy; Build contextualize ideas. Assess Objectives, ask for Primary programs content Learnings, Post Learning Competition, Needs Emphasize Internalizatio Competencies key Insights n etc. Enumerate Company Participate, Provide Industry Review, Question , Learnings, Overview, Provoke, CLIEN and Company Offer suggestions give Program Strategic Debate, Inputs, Arrange on programs, Feedback, T posture, Target for meetings with Schedule Relate to Measure ROLE Group, prima- work-place, stake-holders/ communicate and Effectiveness facie Learning Learn, Participants Buy-in participants of Learnings Objectives Internalize in Action Clarified Finalized Faculty Business Focus on Team, Confirmed Alignment on Context, Scope, skills Program Program Contents, FOCUS approach, Objectives and building, Effectiveness. Program Materials, Understanding Priorities. Improved Internalizatio / Schedule and
  • 38. MANAGEMENT CONSULTING • Arising from Needs Identification • Direct requirements • Assignment based • Tenure based • Advisory • Hands on
  • 39. APPLIED RESEARCH • Centers of Excellence • Chair Professorships • Fellowships • Specific requirements • By faculty • By students
  • 40. COLLABORATION • Grants • Awards • Scholarships • Endowments • Sabbatical – faculty/executives
  • 41. FACULTY • More than 100 visiting • Mix of Academicians, Consultants & Corporate Leaders • From top schools – India, US, Asia • Celebrities in their areas • Extensive Consulting experience