The Kellogg Executive Development Program (EDP) is a general management course that prepares middle-management executives to become more effective leaders and change agents in their organizations. You will be exposed to key concepts in all major business functions of an organization with the goal of equipping you to engage strategic decision making. You will also examine your leadership capabilities to improve your personal leadership effectiveness. Rigorous learning, accessible faculty, an incomparable culture of collaboration, and outstanding networking opportunities are all hallmarks of the Kellogg management leadership training experience.
Here at the Kellogg School, we focus on results and offer you theory-driven knowledge and concrete strategies for achieving the best outcomes. We designed our program to meet the needs of a wide range of industries, and we measure our success in your ability to put new ideas into action when you return to your organization.
Maximizing Your Experience With Leadership Coaching For those participants looking to extend and deepen the impact of their EDP experience, the Kellogg School has created an optional leadership coaching program, which provides the support and expertise of an executive coach during and after EDP. For additional information about the EDP leadership coaching, please refer to the key benefits tab below.
"This program has given me a lot of guidance - they've expanded my leadership skills, my management skills and provided things that I can use as soon as I walk back into the office." - Susan Keyes, Finance Manager, S&C Electric
Upcoming Sessions (Fee includes lodging and most meals)
This program is designed for middle-management executives who are, or who are likely to become, general managers and who have the potential for senior management in either line or staff capacities. These individuals possess at least ten years of work experience and seek broad exposure to the functional areas of management.
Managers, directors and functional area leaders
Principals of small and medium-size firms, and entrepreneurs or owners of small companies
EDP Participating Organizations
Arcelor Mittal Steel Boeing Caterpillar Cemex, S.A. de C.V. China Steel Corporation Deere & Company Dow Chemical Eli Lilly & Company
Fujitsu McDonald’s Corporation Microsoft Corporation Mitsubishi Corporation Nokia Siemens Networks Pella Corporation Petrobras UBS AG
Maximizing Your Experience The Kellogg School recognizes the commitment you must make to spend three weeks of your time away from the office, and our executive education programs have repeatedly been recognized for providing value for both time and money.
Kellogg's senior faculty has worked hard to design an intense and interactive learning experience with a scope and depth of coverage that rivals much longer programs.
Receive an individualized tutorial with an accounting professor to review your own financial report
Use computer simulations to understand how your decisions can impact market dynamics
Create tailor-made, comprehensive, and action-oriented course summaries via action-learning workshops with peers
Optional Leadership Coaching This coaching program is specifically designed to complement the EDP curriculum; participants who opt for the leadership coaching program receive advice, support, and additional resources from their coach as they reenter their workplace and continue their development as leaders and change agents. Onsite coaching sessions take place during the early mornings, lunch time, or evenings. Post-program coaching takes place within a six month period as scheduled conference calls. There is an additional $1500 fee for individual leadership coaching. You may indicate interest in leadership coaching when completing the online application.
Outstanding Peer Learning Opportunities To provide an exceptional level of peer learning, the EDP admissions committee carefully assembles classes with similar levels of managerial responsibility from diverse industries, companies and continents. Candidates are chosen not only for what they can learn and implement but also for what they can contribute to the program. The program is founded on the premise that by bringing together today's successful practitioners and leading academics-in an environment dedicated to progress in the field of management-can produce innovative results.
The Kellogg School is known around the world for fostering an incomparable culture of teamwork and collaboration. Interactive learning is emphasized throughout the program, and we pride ourselves on the accessibility of our faculty.
The instructional methodology stimulates new thinking and encourages you to reexamine and reformulate both your professional and personal goals and strategies. The live-in learning environment raises this interaction to an even higher level as it promotes informal exchanges of ideas and the formation of friendships. During the program, you will be placed in multiple small study groups to work through case projects and problems for class discussion. These study groups will meet most evenings under the supervision of a faculty member.
EDP sharpens your skills with an intensive analysis of each of the functional areas of business management so that you will make confident, well-informed decisions as managers. This three-week residential program challenges you with fresh ideas, and it enables you to build greater perspective as you exchange best practices and build friendships with a network of colleagues from around the world.
The curriculum for the Executive Development Program has been created to meet the needs of middle-management executives. Sixty percent of the curriculum covers a broad range of functional areas to sharpen your general management skills and expose participants to areas of management in which they may have limited experience. The remaining 40 percent of the curriculum is designed to enhance each participant's strategic thinking, leadership, and interpersonal skills in order to help them be more effective leaders and change agents. Below are brief descriptions of some of the topics covered in a typical Executive Development Program.
STRATEGIC ORIENTATION IN BUSINESS BASICS Accounting The accounting sessions aim to demystify financial statements and reporting enough to enable you to ask the right questions about the numbers. You will examine the interrelationship of financial statements and how individual transactions impact these statements. You will also explore the key conceptual underpinnings of corporate financial reports and their impact on financial statements. Finally, you will identify, apply and link strategies for evaluating earnings and cash flows to value creation. In the end, you will have a clearer understanding of corporate disclosures and non-disclosures and the circumstances in which companies take advantage of allowable income-increasing strategies.
Finance This component will familiarize you with both the frame of reference used by financial officers and the problems encountered in finance. The three principal areas that will be covered are cash-flow analysis, capital budgeting allocation decisions, and capital structure analysis. Other topics include models for evaluating investment alternatives and the ranking of investment projects.
Marketing Our Kellogg School marketing faculty will share insights into how marketing is changing in the new millennium and how marketers must change with it. This module addresses the marketing-related challenges faced by mid- to senior-level executives and is designed to provide the concepts and tools needed to deliver improved operating results. This module assumes familiarity with basic marketing principles.
Operations This section focuses on the strategic role of operations to enable improvement and financial success. It provides a systemic view of an organization as a collection of business flows that suggests appropriate performance metrics and facilitates the identification of potential improvement targets. The emphasis is on linking operational and financial flows in the setting of daily management, as well as strategic capacity investment and operational hedging considerations. The Fundamentals of Strategy and Competitive Advantage Positioning and Fit Collectively, these two courses teach you how to create value and profit in a competitive environment by thinking strategically about the strengths and vulnerabilities of your operating units and companies. You will address the nature of the markets in which your companies operate and the competition and rivalry within these markets. You will then cover how to find your core competencies and how to maximize these resources in order to grow the top line.
LEADERSHIP AND MANAGERIAL TOPICS
Team Building Group simulations are used in this unit to increase your understanding of human behavior within organizations. You will have the opportunity to develop your problem-solving skills to better manage individuals and groups. Topics to be covered include team building, the new leadership challenge, and continuous learning in an organization.
Leader as Coach Decades of leadership research show that there is no one best way to lead. Rather, the most effective leaders are ones who know themselves and how they impact others. This course takes participants through a series of personal level exercises to gain an understanding of their own unique leadership strengths.
Cross-Cultural Negotiations This course not only provides basic business negotiation skills but also provides useful frameworks to negotiate in a global environment. Professionals in all fields constantly deal with conflict and disputes. This unit introduces some of the new ideas and techniques from the field of dispute resolution for managing negotiations. While the negotiating approach that is presented can be used in all situations, the unit emphasizes negotiating within organizations and negotiating group decisions.
Decision Making Decision making is the core of a leader’s job. This highly interactive module challenges participants to deal with decision making under risk. The most common decision-making pitfalls are exposed and leaders are encouraged to identify these biases in others and to design groups to be more vigilant decision makers.
Authentic Leadership Leaders can no longer be experts in everything needed to run complex and ever-changing organizations. The old model of apprenticeship and command and control are no longer effective ways of managing people. Being able to coach others to success has proven far more impactful. This course provides participants with key skills in coaching in order to enhance their ability to lead and influence others.
Building Social Capital & Leading Organizational Change Learn the theory and practical implications of social capital — who you know. Learn how to maximize your effectiveness through the relationships you have in your organization. You will apply the concept of social capital in a computer simulation involving how to gain buy-in and commitment in leading change.
BUSINESS TRENDS AND FUTURE OPPORTUNITIES
Several courses will be taught on new topics that managers and leaders need to be aware of to help poise their organizations for the future. These topics change on a regular basis to keep of current trends. Sample courses include: Meeting Expectations of the Nanosecond Culture; Service Marketing; and Competing in the Networked Economy, Global Marketing.
EDP: Week One
Getting Started: Maximizing Your EDP Experience
Intro to Financial Statements
Accounting/ Financial Reports
Fundamentals of Strategy
Reflection and Preparation
Accounting/ Earnings Quality
Reflection and Preparation
Fundamentals of Marketing
Business Trends: Marketing
Accounting/ Financial Reports
Free Evening (group outing)
EDP: Week Two
Evaluating Financial Results
Cross Cultural Negotiations
Marketing Strategy: New Businesses
Finance/Cost of Capital
Reflection and Preparation
Competing in the Networked Economy
Marketing in Emerging Markets
Reflection and Preparation
Strategic Decisions Making
Supply Chain Management
EDP: Week Three
Leading High-Impact Teams
Power and Politics
Finance Action Learning
Change Management Simulation
Leader as Coach
Moving Forward: Maximizing Your EDP Experience
A Typical Day
7:00 am - 8:30 am
8:30 am - 10: 00 am
10:00 am - 10:15 am
10:15 am - 11:45 am
11:45 am - 1:00 pm
1:00 pm - 2:30 pm
Class Session/Case Study
2:30 pm - 2:45 pm
2:45 pm - 4:15 pm
4:15 pm - 6:00 pm
Individual Study and Recreation
7:30 pm - 9:00 pm
Applications / Reflection and Preparation
Sponsorship All applicants to EDP must be sponsored by their organizations. A sponsor is someone who is familiar with the applicant's background and motivations for attending EDP. The sponsor should be the person to whom the candidate reports, the organization's chief human resource officer, or the person responsible for management development.
Admissions Criteria An admissions committee thoroughly reviews each application and considers the nature and scope of the applicant's responsibilities. For the benefit of the class, sponsoring organizations, and the program, the committee seeks to admit people with at least ten years of management responsibilities who have diverse skills and experiences. It is expected that EDP participants will immerse themselves completely in the experience and be free of all other duties. Class members are not expected to leave except during emergency situations and the mid-program break.
Language This course is taught in English and there is a considerable amount of reading material (e.g., case studies and articles) given in advance and during the program. Strong English language skills are essential in order to comprehend the reading materials and contribute meaningfully to classroom and study group discussions. Proficiency in reading, writing and speaking English is required for as successful educational experience.
Admissions Process Class size is limited to maximize classroom and study group participation, so early application is encouraged. EDP applications are accepted on a rolling basis and are reviewed upon submission until the program fills.
Certificate The Kellogg School of Management awards a certificate upon the successful completion of the EDP program.
Cost The fee for EDP is payable in U.S. dollars. The fee covers tuition, class materials, accommodations, and most meals. Payment is due upon receipt of invoice. Enrollments in Kellogg programs are highly competitive, and places will not be guaranteed until your payment is received. It is expected that applicants have their own health insurance valid in the United States. The University is not responsible for medical expenses incurred by participants during the program.
There is an additional fee of $1500 for the optional coaching program, which covers all individual coaching sessions (during and after the program). This will be invoiced separately.
Cancellation Policy Because attendance at a Kellogg School executive program requires significant advance preparation and demand often exceeds capacity, it is important that you contact us in a timely manner if you must cancel or defer your attendance. To receive a full refund of tuition, notice of cancellation must be received more than 30 days in advance of the program start date. Participants who cancel less than 30 days in advance will not receive a refund but may nominate an acceptable substitute or attend a future session of the same program within one year.
Leigh Thompson - J. Jay Gerber Professor of Dispute Resolution & Organizations; Director of Kellogg Team and Group Research Center; Professor of Psychology, Weinberg College of Arts & Sciences (Courtesy)
Brian Uzzi - Richard L. Thomas Professor of Leadership and Organizational Change;
Professor of Industrial Engineering and Management Sciences, McCormick School (Courtesy);
Professor of Sociology, Weinberg College (Courtesy);
Co-Director, Northwestern Institute on Complex Systems (NICO)
Jan A. Van Mieghem - Harold L. Stuart Professor of Managerial Economics; Professor of Operations Management
Edward Zajac - James F. Bere Professor of Management & Organizations; Chair of the Management & Organizations Department; Director of Kellogg’s Center for Strategic Alliance Research
“On a professional level, the return on investment was immediate; and the international networking resources available through the Kellogg alumni community will continue to add value throughout my career.” - Dave Leuder , President, Nostalgia Home Fashions
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