Two years part time (2 week residency once in four months). Stringent selection process including entrance test and panel interview.
Rigorous 1500 hours learning time over 6 trimesters. 30 courses excluding Chinese mandarin throughout 2 years.
Top faculty from leading US, Asian and Indian B-Schools.
Rich peer environment for cross-learning and networking as course participants are fast-track senior managers from top companies.
Course content is tailored to suit the global business environment
Unique program design focused on building capability, learn, apply, appraise, reflect, be coached, redo, report, mentored. Program integrated with the organisation’s talent management process.
Individual country based / vertical based intensive year-long project in 2nd year under a faculty guide.
Leadership lectures series aligned to the course plan.
Quasi-consulting: Participants are given real business issues to analyze and solve.
Optional overseas visit in last semester.
The Base
Great Lakes is currently located in a quiet and green locality in the heart of Chennai, one of India's main metropolitan cities. The campus is easily accessible from the Chennai Airport, Central Railway Station and the City Bus Stand.
Great Lakes will shift to a world-class campus of their own on about 18 acres of land near Mahabalipuram on the ECR, which is expected to be ready by April 2009.
Location
Post Graduate Global Executive Program in Management contact classes will be held at a Beach Resort on the East Coast Road, Chennai. A modern day gurukulam, the picturesque seaside resort will provide a world-class learning environment for the participants.
Inspiring Guest Lectures
Guest Lectures are an integral part of our offering. Participants get a chance to interact closely with visionaries, achievers and outstanding personalities on a wide variety of contemporary topics.
Recent speakers include Dr. Ratan Tata, Prof. Philip Kotler, Prof. C.K. Prahlad, Prof. Ashwath Damodaran, Dr. Y. V. Reddy, Prof. Jagdish Sheth, Mr. Vivek Paul and Mr. K. B. Chandrasekhar. The topics discussed have been as varied as sustaining competitive advantage, managing scales of growth, handling crisis in markets, technology and economies.
Computer Centre
The computer lab at Great Lakes institute is wellequipped and offers Internet and e-mail services. The centre has several software packages that help participants hone their skills in their field of study. The Campus is Wi-Fi enabled.
Learning Management System (E-Learning)
The PGXPM participants have a well-built elearning module which serves as an off-campus tool. The LMS supports the collaborative learning community, offering multiple modes of learning from self-paced coursework (web-based seminars and classes, CD-ROM and video content) to scheduled classes and group learning (online forums and chats).
Recreational Activities
The PGXPM participants can enjoy inbound and outbound group events such as Carrom, Swimming, Cricket, Beach Volleyball, etc. Participants are encouraged to avail the facilities at the Great Lakes campus in Saidapet, Chennai. The facilities offered at the Institute - library, computer lab, internet, gym and cafeteria - would be open between 7.00 am to 11.00 pm on weekdays and from 8.00 am to 6.00 pm on Sundays.
THE ELEMENTS
Organizational Behavior
Provides the knowledge and insights to better diagnose and implement
organizational change. Helps managers to describe situations completely,
diagnose the organizational behavior, prescribe the best practices or most
appropriate behavior for given organizational situations, and then act
effectively in those situations. The topics include individuals in
organizations, groups and teams in organizations, building an organizational
culture, structuring high-performance organizations, influences on
organizational structure and managing change in organizations.
Marketing Management
Addresses the importance of companies being market-driven and customerfocused
and presents current theories and practices of marketing
management. Topics include strategies for pioneering brands, later entrants
and strategies for growth in declining markets and hyper competition.
Develops an understanding of skills needed in formulating and planning
marketing strategies and acquisitions.
Business Economics Explores the nature and determinants of decisions about profit maximizing, production and pricing. It creates a vivid, dynamic business setting that highlights micro-economic theory and the tools of quantitative analysis used in management decision-making. The course reinforces the connection between economics and real business situations, government and industry, challenges and opportunities for today's managers and economic decisionmaking in the 21st century. Topics include forecasting, the theory and estimation of production and cost, pricing and output decisions, special pricing practices, capital budgeting and risk uncertainty.
Basic Financial Accounting For this basic course on Financial Accounting participants are not expected
to have any prior knowledge of accounting or finance. The topics which are
covered in this course are personal and corporate balance sheet, personal and
corporate profit and loss statement, basic accounting equation, transaction
accounting, monopoly game and preliminary financial statement analysis.
Quantitative Methods Provides a comprehensive treatment of basic statistical concepts and
methods for managers. Topics covered include time series, categorical data,
random variables and their distributions, variability and regression models.
The emphasis is on understanding the concepts and their applications.
Operations Management
Examines the basic principles of managing production and distribution of
goods and services. It is organized around three basic concepts: locating and
pricing bottlenecks, reducing variability and managing variability. These
concepts provide insight into a wide variety of areas such as process analysis,
quality, inventory control, capacity planning and location. Tools such as
simulation, linear programming, decision trees and inventory models help
in understanding the fundamental concepts.
Human Resources Management
Focuses on the changed role of HR in organizations and the challenge of
sustainability in organizations. Particular emphasis is on “what is the role of
HR today” and HR strategy as well as business strategy. The course is geared
for the general manager and leans on recruitment, training and development,
appraisal of performance, reward systems, information sharing, team and
job design. Other topics include leading change, the organization that learns,
sustaining partnership, operating at board level and making your
organization an employer of choice.
Financial Statement Analysis
Provides the following background and financial analysis tools: an
understanding of how financial statements are prepared; the ability to
interpret the information provided in financial statements; the ability to
conduct a preliminary financial analysis of a firm; the ability to forecast a
firm's financial statement and an understanding of some of the cross-country
differences in accounting methods.
Marketing Research
Enables participants to use marketing research as an effective tool in
marketing decision with emphasis on marketing research concepts. The first
process will cover Marketing Intelligence, and the second process will be a
search for answers to some questions, which if answered would lead the
company to make critical marketing decisions on a strategic or tactical level.
Management Accounting
Covers the use of financial information in management decision-making.
The principle objective of the course is to provide a framework for future
managers to understand and productively use the accounting systems which
the students are likely to encounter in their careers. Topics include
profitability and performance measurement issues, activity-based
management and decision support through extensive set of case studies.
Negotiations and Bargaining
Teaches the art and science of achieving the objectives in interdependent
relationships, both within and outside the company. Topics include crosscultural
negotiation, dispute resolution, coalition formation and multi-party
negotiations, extremely competitive negotiations and negotiating via
information technology. Focus is on preparation, strategy development,
getting started, building, understanding, bargaining and closing the deal.
Managers learn effective tools for negotiating within their own groups,
including organizing successful meetings and techniques for building
consensus.
Financial Management
Takes a financial approach to managerial decision-making by
understanding the central ideas, theories and analytical techniques of modern
finance. Helps in understanding the environment in which financial decisions
are taken. Topics include financial system, fundamental valuation concepts,
capital budgeting, long-term financing capital structure, dividend policies,
working capital management, planning corporate valuation, restructuring and
value creation.
Product and Brand Management
Helps the participants with a clear description on the role and functions of a
Product Manager and to take decisions in product management area and thus
make them function effectively as Product Manager. It also provides an
emphasis on overall creating, developing, maintaining and managing a brand in
the modern corporate scenario, by fully learning the brand building strategies of
leading brands and thereby function effectively as a Brand Manager.
Sales and Distribution Management
Provides the conceptual tools for managing sales personnel and to understand
the means and techniques of physical distribution of goods/logistics
management. It covers how the leading organizations practice the art of sales
right from planning, staffing, organizing, controlling and distributing the
products/services to the ultimate consumer.
Business Analytics
Serves to produce professional managers capable of fulfilling strategic roles
within international business and government enterprises. The emphasis of this
course stems from the imperatives for organizations to be alert to changes and
have an in-built mechanism not merely to respond to these changes reactively
and after they have happened but to bid for leadership and stay ahead of the
leader in the pack by a good margin. The course equips how a middle manager
can serve as a corporate ombudsman as to alert the company to both the
opportunities and risks arising out of discontinuities in the marketplace. By the
end of the course, the participants should be able to reflect upon themes relating
to investments in IT and the returns thereof across industries.
Supply Chain Management
Focuses on concepts and techniques that enable firms to better coordinate
material and information flows, and non-material activities associated with
logistical and marketing processes that occur within and across organizations.
The course will discuss concepts and recent influential innovations in SCM [e.g.,
Cross-Docking, Vendor Managed Inventory (VMI), Third-Party, Logistics
(3PL), Efficient Consumer Response (ECR), and Quick Response (QR)].The
goal of the course is to review the emerging literature in supply chain
management and identify future research directions in this rapidly evolving
field. The course will rely on instructional tools including lectures, case
discussions, videos, problem sets, software demonstration, presentations and
group projects.
Project Management
Studies the relationship between project planning and implementation; from
budgeting to scheduling and control, with proven project-management
processes, broadly-tested techniques, and solid approaches to the successful
management of projects in varying sizes and degrees of complexity. The course
helps in demonstrating how a project manager effectively and efficiently
navigates through the what, when, and how of work necessary to take a project
from idea to execution; and shows the important role disciplined project
management plays in transforming corporate strategy into reality. Topics
include defining the project, designing the project process and delivering the
project.
Total Quality Management
Provides a fundamental, yet comprehensive coverage of Total Quality
Management (TQM). It covers not only the principles and practices, but also
the tools and techniques. A practical state-of-the-art approach is stressed
throughout. Sufficient theory is presented to ensure that the participant has a
sound understanding of the basic concepts.
Customer Relationship Management
Explores the foundations of relationship orientation by drawing upon economic
as well behavioral concepts. The technological aspects of CRM are highlighted
through an overview of data mining, the role of contact centres, comparison of
some popular CRM products and methodology for selecting a technologyoriented
CRM solution. While focusing on the functional aspects of CRM for
marketing, sales, service and IT, the importance of an organization-wide
initiative for the successful implementation of CRM is underscored through
case studies.
Services Marketing
Develops an understanding of the skills needed in formulating and planning
marketing strategies for the service industry. The course focuses on managing
the service encounter and in assessing and improving service delivery.
Emphasis is laid on the importance of the service sector in the world economy
and the most substantial changes taking place within the sector with the help of
case studies.
Management Control Systems
Comprehensively addresses the complex and multi-dimensional subject of
Management Control Systems (MCSs). Provides an all-encompassing
framework within which to consider management control issues. The course
relies on real world text examples and an extensive set of case studies, which
reflect the complexity that managers face when using MCSs. Topics include
management control environment, responsibility centres, revenue expense and
profit centres, transfer pricing, measuring and controlling assets employed, the
management control process, budget preparation, analyzing financial
performance reports, performance measurement and variations in
management control.
Strategic Marketing
Provides participants with an overview of the decision-making process in
marketing. The course provides practical understanding of the strategic
marketing process, and how it can be applied to a variety of real-life
organizational and national environments. It encourages developing a
'strategic mindset' towards the development of marketing programs. It
examines strategies over the product life cycle, including growth strategies,
strategies for mature and declining markets and defensive strategies. The
course provides a chance to apply strategic marketing principles to a variety of
situations, and information is introduced to emphasize the urgency of the
situation, while the reality of the financial data serves to constrain the submission
of unrealistic marketing programs. A primary goal of this course is to provide a
thorough understanding of the rapidly changing business environment and the
various stakeholders that influence the marketing management function.
Strategic Management
Focuses on the tools to analyze the markets that the firm is in, and to maneuver it
into new and beneficial directions. The topics include strategy introduction,
strategic intent, mission statements, stakeholder view, industry analysis, internal
analysis, resource based view, competitive strategy, corporate strategy and
strategy implementation. The course analyses the constraints that limit major
organizational change.
International Business Management
This course will deal with managing businesses effectively across borders and
geographies in the backdrop of a flattening world. Hence, it will look at this
flattening world view, the forces and drivers that would be at play at this level and
appropriate strategies and frameworks in managing such businesses effectively
given the scale, diversity and complexity. The course will also allow you to
develop expertise in using particular frameworks and techniques relevant for
international business managers. This will provide insights into how
organizations can develop strategies to successfully take advantage of the
internationalization process. This course provides the opportunity to examine
the impact on business behavior and strategy of the rapid growth in recent years
of international business activity.
Cross Cultural Management Workshop
The workshop equips the executive participants with greater intercultural
competence and also the insight in managing the multinational cultural diversity
with ease. The workshop helps the participants to redefine intercultural
challenges in a way that better leverage the potential inherent in diverse
workforce into a greater advantage. The participants will be enabled to
distinguish among the range of cognitive and/or behavioral adaptations available
in any cross cultural interaction. The other dimension would be to be able to
perform effectively as an expert manager in a different country/cultural setting,
looking at the processes for effective adaptation and acculturisation.
Entrepreneurship
A comprehensive course on the steps to start a business. Starting from devising a
complete business plan to choosing the best ownership structure. It also covers
ideas from entrepreneurial ventures, naming a business, competitive analysis,
financial plan, market analysis, marketing plan, operating plan, home based
business, goal setting process, managing people, performance appraisal and
delegation.
Valuation, Merger and Acquisition
Exposes the participants to the most current topic in Finance and develops an indepth
understanding of the inter-link between the subject of finance and major
strategic decisions of a proactive organization. The course will deal on the
mechanics, cost and benefits of merger, purchase of a division, takeovers,
business alliances, managing an acquisition, divestitures, ownership
restructuring, privatization, organizational restructuring and dynamics of
restructuring.
Transformational Leadership & Change Management
Provides participants with a broad overview of key leadership and management
skills. Focuses on the efficient use of information and resources for making
decisions in an organization. Topics include getting the best from teams, using
information efficiently and making fair and just workplaces. The program will
focus on actually using and practicing these skills rather than simply hearing
about them. The program will rely heavily on group discussion, role playing and
presentations by participants. It will also provide step-by-step applications of
change management principles that stress the importance of improvement
within organizations, rather than simply making changes. It examines the
competitive advantage school of thought from the perspective of technical
professionals, and sees the need for change as being directly tied to the need to
gain and maintain competitive advantages in the global marketplace. The
objective of the course is to understand the concept of change management and
its relevance to various functions of the organization. It provides exposure to
change management techniques, integrates the concepts of change with
organizational growth and at appropriate levels of leadership. It focuses on
learning to 'lead change' as and when the time arises and understanding change
management in terms of current models, frameworks and developments applied
by organizations.
Global Financial Strategy
Provides an idea or overview of overseas trading policies, processes, practices
and also the techniques applicable to individual and industry. The course will
cover world monetary system, foreign exchange markets and rates, international
parity relationships, international capital budgeting, financing foreign
operations, raising foreign currency finance, financing exports, insuring exports
and documents in international trade.
Equity and Commodity Markets
Provides the different instruments that trade in a market and the different
institutions that are associated with a market, the different trading mechanisms
used in organized financial markets, how prices reflect information about
fundamental values and the different forces that govern regulatory processes.
This course gives a comprehensive view of equity and commodity market
operations, its nature and its behavior in detail.
Country/Industry Study Assignment
The Country/Industry Study is a one year long individual/group assignment
which starts at the end of 3rd Trimester and continues till the end of the last
trimester. Each individual/group would select a particular country/Industry and
study it in all business aspects to gain a level of intimacy which would
enable/facilitate reaching a degree of expertise in that domain. The
country/Industry study should result in a plan and/or report in hard copy and a
presentation followed by Q & A / Viva voce to defend/elucidate the submissions.
These would be forming part of the overall performance evaluation in the
program.