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1  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
EXECUTIVE DEVELOPMENT
PROGRAM
GENERAL MANAGEMENT
EXECUTIVE EDUCATION	 2016
JUNE 12–JULY 1  //  2016
OCTOBER 2–21  //  2016
2  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
The Kellogg Executive Development Program
focuses on results: helping organizations
succeed by equipping top-performing managers
to realize their potential for general
management roles.
The Kellogg faculty has developed teaching methods
and a curriculum especially for the general manager.
Our first order of business? To provide the tools,
conceptual frameworks and metrics you need to
navigate the general manager’s world.
This three-week program will enrich you with fresh
ideas and empower you to gain a broader perspective
and increased confidence. The curriculum focuses on
the environment in which business operates, the key
functional areas of management, the development
and implementation of corporate and business unit
strategy and the promotion of organizational
learning. Classroom learning is brought to life by
hands-on exercises that demonstrate how a general
manager applies the concepts in a holistic and
integrated way.
PROGRAM HIGHLIGHTS
• Complete an intensive analysis of the key
functional areas of business to sharpen your
skills and equip you to contribute substantially
to strategic decision-making
•	Explore theory-driven knowledge and concrete
strategies across all business areas that will help you
put new ideas into action when you return to your
organization
•	Enhance your leadership effectiveness to maximize
your personal leadership style, lead teams and
navigate through your organization
•	Return to your workplace equipped and energized
to advance as a leader, decision-maker and
change agent
EXECUTIVE
DEVELOPMENT
PROGRAM
RE-ENERGIZE YOUR CAREER IN THREE INTENSIVE WEEKS OF LEARNING.
THIS IMMERSIVE PROGRAM EQUIPS HIGH-POTENTIAL MID-LEVEL AND
SENIOR MANAGERS WITH THE BUSINESS KNOWLEDGE AND LEADERSHIP
SKILLS THEY NEED TO SUCCEED IN GENERAL MANAGEMENT.
3  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
IMMERSE YOURSELF IN THE INCOMPARABLE KELLOGG EXPERIENCE
Rigorous learning, accessible faculty and
outstanding networking opportunities are the
hallmarks of this program. Set in Kellogg’s culture
of teamwork and collaboration, the program creates
an interactive learning experience unavailable
elsewhere. The instructional methodology
stimulates new thinking and encourages you to
re-examine and reformulate your professional
and personal goals and strategies.
Most evenings during the program, you’ll meet in
small study groups with the guidance of a faculty
member to work through case projects and problems
for class discussion. Combined with the live-in
learning environment, this emphasis on peer and
faculty interaction intensifies the learning experience,
promotes the informal exchange of ideas and fosters
rewarding relationships that can last a lifetime.
4  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
HIGH-IMPACT LEARNING FOR
HIGH-POTENTIALEXECUTIVES
Intense and highly interactive, the Executive
Development Program — with its careful balance
of functional knowledge, strategic thinking and
interpersonal and leadership skills — is designed to:
• Broaden your understanding of the roles, responsi-
bilities and interactions of key functional business
areas to give you greater confidence in managing them
•	Strengthen your ability to interpret and apply
information from functional areas for sound, fully
informed decision-making
•	Deepen your insights into effective leadership and
change management in your organization
•	Challenge your thinking with new concepts and
approaches for competing more aggressively in the
global marketplace
•	Expand your worldview with new perspectives and
practical knowledge gained through collaboration
with an international group of peers
SPECIAL PROGRAM FEATURES
FINANCIAL REPORTING TUTORIAL
Work one-on-one, side-by-side with a leading Kellogg
faculty expert on financial reporting to “read,”
understand and interpret the meaning behind a
real-world financial report of your choosing — your
company’s or perhaps a competitor’s. Participants
consistently rate this enlightening exercise as one of
the highlights of the three-week program.
COMPUTER SIMULATIONS
Put your new knowledge and skills to the test in a safe
environment before putting them into practice. You’ll
augment your classroom coursework and study group
assignments with computer simulations that give you
hands-on experience at applying the theory and princi-
ples you learned in actual case scenarios.
LEADERSHIP COACHING PACKAGE
If you would like to deepen, extend and personalize
your Executive Development Program experience,
Kellogg offers an optional leadership coaching
program. You will work with an experienced Kellogg
leadership coach who is familiar with the program’s
content. With your coach, you will set goals and discuss
leadership strategies to meet the challenges of your
specific situation. On-site coaching sessions occur
during the early mornings, lunchtimes or evenings.
Post-program coaching via scheduled conference
call takes place within a six-month period.
For more information, visit kell.gg/kxcoach.
5  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
INTERACTIVE. STRATEGIC. IMMERSIVE.
The Executive Development Program is structured to deliver key insights into your organization’s
operations and help you understand the big picture:
A DYNAMIC CURRICULUM FOR CHANGING TIMES
The ever-evolving nature of business constantly challenges leaders by presenting complex problems and
unanticipated opportunities. With its finger on the pulse of business, Kellogg regularly augments this
program’s curriculum to keep pace with the changing world. Recent topics have included Transformational
Analytics, Strategic Alliances and Social Capital.
INFLUENCES
STRATEGY
OPERATIONS
MARKETING
ACCOUNTING
& FINANCE
OUTCOMES
GLOBAL EVENTS
• Social/Political
• Environmental
• Economic
COMPETITORS
CUSTOMERS
ORGANIZATION’S HISTORY,
TOP MGMT. & RESOURCES
• Capital
• Raw Materials
• Labor Force
INDIVIDUAL
CONTRIBUTIONS
TEAM &
DEPARTMENTAL
CONTRIBUTIONS
REVENUES,
PROFITS &
CASH FLOWS
ORGANIZATION’S
MISSION
LEADERSHIP
(YOU)
6  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
SCHEDULE FOR TYPICAL DAY
				
7:00am –  8:30am
8:30 – 10:00
10:00  –  10:15
10:15 – 11:45
11:45am – 1:00pm
1:00 – 2:30
2:30 – 2:45
2:45 – 4:15
4:15 – 6:00
6:00
6:30
7:30 – 9:00
Breakfast
Class Session
Coffee Break
Class Session
Lunch
Class Session/Case Study
Coffee Break
Class Session
Individual Study and Recreation
Cocktails
Dinner
Application/Reflection
and Preparation
MORNINGAFTERNOONEVENING
7  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY
MORNING
Strategy
Accounting/
Financial Reports
Accounting/
Earnings Quality
Authentic
Leadership
Marketing
Simulation
Accounting/
Financial Reports
AFTERNOON
Program
Introduction
Intro to Financial
Statements
Fundamentals of
Strategy
Strategic IT
Fundamentals of
Marketing
Marketing
Simulation
Free Time
EVENING
Getting Started:
Maximizing Your
EDP Experience
Study Groups
Reflection and
Preparation
Reflection and
Preparation
Study Groups
Free Evening
(Group Outing)
Free Time
WEEK
A STRATEGIC GROUNDING IN
THE FUNDAMENTALS OF BUSINESS
ACCOUNTING
Demystifying financial statements and reporting
enables you to ask the right questions and talk
numbers with confidence. You’ll examine the
workings of financial statements and the conceptual
underpinnings of corporate financial reports. You’ll
learn strategies for evaluating and linking earnings
and cash flow to value creation, you’ll develop a
clearer understanding of corporate disclosures and
nondisclosures and you’ll learn how companies take
advantage of allowable income-increasing strategies.
FINANCE
You’ll become familiar with both the frame of
reference used by financial officers and the
challenges they encounter. You’ll explore cash flow
analysis, capital budgeting allocation decisions and
capital structure analysis, as well as models for
evaluating investment alternatives and the ranking
of investment projects.
MARKETING
Members of Kellogg’s world-renowned marketing
faculty will share insights into how marketing is
changing and how marketers must change with it.
You’ll explore marketing-related challenges faced by
mid-level and senior executives and the concepts and
tools required to improve operating results. This
module assumes familiarity with basic marketing
principles.
OPERATIONS
You’ll focus on the strategic role of operations in
financial success, take a systemic view of organi-
zations as collections of business flows and supply
chains and identify key metrics for targeting
improvement. This module also emphasizes the
linkage of operational and financial flows as part of
daily management and examines strategic capacity
investment and operational hedging.
STRATEGY
In this module, you’ll examine 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’ll address
the nature of your markets, the competition and
rivalry within them and how to maximize your core
competencies to grow the top line.
8  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
ENHANCING YOUR LEADERSHIP CAPABILITIES
TEAM BUILDING
Featuring engaging computer simulations, this
module will boost your understanding of human
behavior as you practice problem-solving skills and
explore an array of topics in team building, emerging
leadership challenges and the value of continuous
learning within your organization.
CROSS-CULTURAL NEGOTIATIONS
You’ll learn basic business negotiation skills,
practical frameworks for negotiating in a globalized
marketplace and new ideas and techniques from the
field of dispute resolution. Although you can use
what you learn here in virtually any situation, this
module emphasizes negotiation within organizations
and group decision-making.
DECISION-MAKING
This highly interactive module will expose you to
the challenges of decision-making under risk. You’ll
learn the most common decision-making pitfalls,
how to identify biases in yourself and others and how
to design groups to be more vigilant decision-makers.
AUTHENTIC LEADERSHIP
Yesterday’s people management model of appren-
ticeship, command and control no longer works.
Coaching others to achieve success delivers much
greater impact. In this module, you’ll explore your
unique leadership characteristics and learn how to
maximize your personal leadership identity.
BUILDING SOCIAL CAPITAL AND LEADING ORGANIZATIONAL CHANGE
Learn the theory and practical implications of social
capital — who you know — and how to maximize your
effectiveness through the relationships you build. In
a computer simulation, you’ll practice leading change
by applying concepts to gain buy-in and commitment.
WEEKS &
SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY
MORNING
Free Time
Cross-Cultural
Negotiations
Marketing
Strategy:
New Businesses
Competing in
a Networked
Economy
Marketing in
Emerging Markets
Strategic
Decision-Making
Free Time
AFTERNOON
Evaluating
Financial Results
Action Learning
Finance/
Cost of Capital
Strategic
Operations
Cross-Cultural
Negotiations
Supply Chain
Management
Free Time
EVENING
Study Groups Study Groups
Reflection and
Preparation
Study Groups
Reflection and
Preparation
Study Groups Free Time
SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY
MORNING
Free Time
Leading High-
Impact Teams
Power and
Politics
Social Capital Leader as Coach
Moving Forward:
Maximizing Your
EDP Experience
AFTERNOON
Action Learning Finance Finance
Change
Management
Simulation
Action Learning Adjourn
EVENING
Study Groups Free Evening
Finance Action
Learning
Study Groups Closing Dinner Free Time
7%
TOP
SENIOR
MIDDLE
18%
43%
39%
SALES
FINANCE
ADMIN
LOG/DIST
BUS DEV
ENG
GM
MKTG
IT
33%
18%
6%
2%
5%
5%
10%
10%
11%
AFRICA
EUROPE
LATIN
AMERICA
ASIA
3%
16%
42%
USA
CANADA
28%
4%
9  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
Kellogg believes that the alchemy of successful
practitioners and leading academics interacting
in an environment dedicated to advancing the art
and science of management can produce
extraordinary learning results.
To create such an environment, the 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.
Participants therefore represent a rich diversity
of disciplines, geographies and career
experiences. They come from a wide variety of
industries, including wholesale trade,
manufacturing, financial services, health care,
not-for-profit and government. More than half
reside and work outside the United States.
WHO SHOULD ATTEND
• High-performing mid-level and senior management
executives on a path to becoming general managers
•	Functional senior leaders who must interface with
other functional areas outside of their expertise
•	Principals of small and medium firms and entrepre-
neurs or owners of small companies with growth
potential
•	Ideal candidates have at least 10 years of experience.
THE RIGHT PEOPLE.
THE IDEAL ENVIRONMENT.
OPTIMAL LEARNING
OUTCOMES.
MANAGEMENT LEVEL
TYPICAL PARTICIPANTS, BY FUNCTION
TYPICAL PARTICIPANTS, BY REGION
10  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
LEARN FROM LEADERS
IN THEIR DISCIPLINES
THESE AND OTHER SENIOR MEMBERS OF THE KELLOGG SCHOOL OF MANAGEMENT’S WORLD-CLASS FACULTY
TEACH IN OUR EXECUTIVE DEVELOPMENT PROGRAM.
Brenda Ellington-Booth,
Expert in leadership and executive coaching
Brian Uzzi,
Expert in leadership and organizational change
Leigh Thompson,
Expert in leadership and team building
Jan van Mieghem,
Expert in operations management
Timothy Calkins,
Expert in marketing
Marian Powers,
Expert in financial reporting
11  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
PROGRAM FACULTY
For the Executive Development Program, Kellogg
has gathered a strategically selected, cross-
disciplinary faculty: teachers, authors, researchers,
consultantsandexperiencedpractitioners.Because
Kellogg emphasizes research and its practical
application, these the chosen members stand at the
forefront of knowledge in their disciplines and
interact with top executives, who often tap their
specialized knowledge as consultants and advisors.
Each faculty member is dedicated to creating a
rewarding learning experience for you. Each will
be readily accessible for informal discussion during
the program.
THE EXECUTIVE DEVELOPMENT PROGRAM FACULTY HAS INCLUDED:
Brenda Ellington-Booth
Academic Director; Clinical Professor of Management
and Organizations
Marian Powers
Academic Director; Adjunct Professor of Executive
Education
Timothy Calkins
Clinical Professor of Marketing
Alexander Chernev
Professor of Marketing
Julie Hennessy
Clinical Professor of Marketing
Harry M. Kraemer
Clinical Professor of Strategy
Michael Mazzeo
Associate Professor of Strategy
Mitchell A. Petersen
Glen Vasel Professor of Finance; Director, Heizer
Center for Private Equity and Venture Capital
Leigh Thompson
J. Jay Gerber Professor of Dispute Resolution and
Organizations; Professor of Management and
Organizations; Director, Kellogg Team and Group
Research Center (KTAG)
Kim-Chi Trinh
Clinical Assistant Professor of Management and
Organizations
Brian Uzzi
Richard L. Thomas Professor of Leadership and
Organizational Change; Co-Director, Northwestern
Institute on Complex Systems (NICO); Faculty
Director, Kellogg Architectures of Collaboration
Initiative (KACI)
Jan A. Van Mieghem
Harold L. Stuart Professor of Managerial Economics;
Professor of Operations Management, Managerial
Economics and Decision Sciences
Florian Zettelmeyer
Nancy L. Ertle Professor of Marketing; Faculty
Director, Program on Data Analytics at Kellogg (PDAK)
12  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
ABN AMRO
Accenture
Aon Hewitt
ArcelorMittal
Argonne National
Laboratory
AT&T
Bank of America
BNSF Railway
BP
Bush
Central Bank of Nigeria
China Steel
Churchill Downs
Citigroup
Civil Aviation
Department, Hong Kong
Credit Suisse
Cummins Inc.
Customs and Excise
Department, Hong Kong
Dell Services
Deloitte
Dentsu
Deutsche Bank
Diageo
Dow Corning
Eisai
Elkay Manufacturing Co
First Bank of Nigeria
FMC
Frito-Lay
Fujitsu
GE
GE Aviation
Hewlett-Packard
Hitachi Data Systems
HSBC
IBM
IIT Bombay
Illinois Tool Works
Itochu
JCPenney
Johnson & Johnson
Johnson Controls, Inc.
JPMorgan Chase
Klein Tools
KLM Royal Dutch
Airlines
Kohler
Marathon Petroleum
Corp.
Medtronic
Microsoft
Miller Brewing Co.
Ministry of Finance,
Thailand
Mitsubishi Corporation
Mitsui & Co.
Monsanto
Motorola
Neenah Paper
Petrobras
Procter & Gamble
SC Johnson & Son
Shell Oil
Siemens
GE Aviation Systems
St. Jude Medical, Inc.
Sumitomo
Suzano Pulp and Paper
Toshiba
UBS
Verizon
Xerox
INVESTING IN THE FUTURE
This is a sampling of companies that have invested in the development and advancement of their most
promising senior executives by sponsoring their participation in the Executive Development Program.
13  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
THE JAMES L. ALLEN CENTER
HOME TO YOUR LEARNING AND LIVING EXPERIENCE
Your program includes classroom instruction,
program materials, accommodations,* meals, coffee
breaks and receptions. Most programs are held in the
James L. Allen Center, nestled in the heart of
Northwestern’s urban lakefront campus. The Allen
Center is an all-inclusive learning environment
offering you private room lodging, delicious dining,
fully equipped study rooms, lounge areas, technology
centers, laundry service and a fitness center.
The Allen Center’s front desk is staffed around the
clock to assist with transportation and FedEx service,
all offered with a dose of Kellogg’s famed hospitality.
Kellogg Executive Education participants have guest
privileges at Northwestern University recreational
facilities, plus quick access to the bustling cities of
Evanston and Chicago.
*When program registration requires additional accommodations,
our staff will make all the necessary arrangements for participants
to stay at a nearby hotel.
14  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
PREPARETOLEADATTHETOP:
APPLY ONLINE NOW
Visit our website for detailed application and
payment information, including our cancellation
policy and information on wiring international
payments.
Please note that class size is limited to maximize
classroom and study group participation. Early
application is encouraged. Applications are accepted
on a rolling basis and are reviewed upon submission
until the program fills.
If you have a question or need more information,
please contact us:
PROGRAM PAGE kell.gg/kxedp
EMAIL ExecEd@kellogg.northwestern.edu
PHONE 847.467.6018
ADMISSION CRITERIA
An admissions committee thoroughly reviews each
application and considers the nature and scope of the
applicant’s responsibilities. For the benefit of class
members, sponsoring organizations and the integrity
of the program, the committee seeks to admit
individuals with diverse skills and experiences and
at least 10 years of professional experience. Kellogg
expects that participants will attend all sessions,
immerse themselves completely in the experience
and free themselves of all other obligations while the
program is in session.
Strong English reading, listening and speaking skills
are required. It is expected that participants can read
through an ambitious curriculum of business materials
and contribute meaningfully to classroom and small
group discussions.
SPONSORSHIP REQUIRED
To enroll in the Executive Development Program, you
must have a sponsor from your organization,
someone familiar with your background and
motivations for attending. This could be the person
to whom you report, your organization’s chief human
resources officer or the person responsible for
management development in your organization.
“EXCELLENT LEARNING EXPERIENCE WITH
COLLEAGUES FROM AROUND THE WORLD.
[THE] INFORMATION TAUGHT IS DIRECTLY
APPLICABLE TO TODAY’S BUSINESS
ENVIRONMENT.”
PROJECT MANAGER, U.S. GOVERNMENT
15  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
RECOGNIZED. CONNECTED. INVOLVED.
EXECUTIVE DEVELOPMENT PROGRAM ALUMNI BENEFITS
Upon completing the Executive Development Program,
you will receive lifelong learning and networking
benefits, including:
•	Membership in the global Kellogg alumni network
•	Access to the online alumni network, including a
network directory, discussion groups and other tools
•	Opportunities to participate in alumni clubs
•	Kellogg email forwarding for life
•	30 percent discount on 2–5 day Executive Education
programs
•	Access to cutting-edge research and content from
Kellogg faculty and leading practitioners
•	A subscription to Kellogg magazine
•	Invitations to attend Kellogg-sponsored conferences
on relevant issues in management
16  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP
EDP2016-BR
Northwestern University reserves the right to change without notice any statement
in this publication concerning, but not limited to, rules, policies, tuition, fees, curricula
and courses. This includes the right to cancel a program at any time for any reason.
In case of a cancellation, the university is not responsible for any travel or other
related expenses accrued by the program registrant.
Photography: © Justin Runquist
© 2015 Northwestern University. All rights reserved.
KELLOGG SCHOOL OF MANAGEMENT
Northwestern University
James L. Allen Center
2169 Campus Drive | Evanston, IL 60208
PHONE  847.467.6018
FAX  847.491.8002
EMAIL  ExecEd@kellogg.northwestern.edu
KELL.GG/KXEDP

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EDP-BR

  • 1. 1  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP EXECUTIVE DEVELOPMENT PROGRAM GENERAL MANAGEMENT EXECUTIVE EDUCATION 2016 JUNE 12–JULY 1  //  2016 OCTOBER 2–21  //  2016
  • 2. 2  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP The Kellogg Executive Development Program focuses on results: helping organizations succeed by equipping top-performing managers to realize their potential for general management roles. The Kellogg faculty has developed teaching methods and a curriculum especially for the general manager. Our first order of business? To provide the tools, conceptual frameworks and metrics you need to navigate the general manager’s world. This three-week program will enrich you with fresh ideas and empower you to gain a broader perspective and increased confidence. The curriculum focuses on the environment in which business operates, the key functional areas of management, the development and implementation of corporate and business unit strategy and the promotion of organizational learning. Classroom learning is brought to life by hands-on exercises that demonstrate how a general manager applies the concepts in a holistic and integrated way. PROGRAM HIGHLIGHTS • Complete an intensive analysis of the key functional areas of business to sharpen your skills and equip you to contribute substantially to strategic decision-making • Explore theory-driven knowledge and concrete strategies across all business areas that will help you put new ideas into action when you return to your organization • Enhance your leadership effectiveness to maximize your personal leadership style, lead teams and navigate through your organization • Return to your workplace equipped and energized to advance as a leader, decision-maker and change agent EXECUTIVE DEVELOPMENT PROGRAM RE-ENERGIZE YOUR CAREER IN THREE INTENSIVE WEEKS OF LEARNING. THIS IMMERSIVE PROGRAM EQUIPS HIGH-POTENTIAL MID-LEVEL AND SENIOR MANAGERS WITH THE BUSINESS KNOWLEDGE AND LEADERSHIP SKILLS THEY NEED TO SUCCEED IN GENERAL MANAGEMENT.
  • 3. 3  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP IMMERSE YOURSELF IN THE INCOMPARABLE KELLOGG EXPERIENCE Rigorous learning, accessible faculty and outstanding networking opportunities are the hallmarks of this program. Set in Kellogg’s culture of teamwork and collaboration, the program creates an interactive learning experience unavailable elsewhere. The instructional methodology stimulates new thinking and encourages you to re-examine and reformulate your professional and personal goals and strategies. Most evenings during the program, you’ll meet in small study groups with the guidance of a faculty member to work through case projects and problems for class discussion. Combined with the live-in learning environment, this emphasis on peer and faculty interaction intensifies the learning experience, promotes the informal exchange of ideas and fosters rewarding relationships that can last a lifetime.
  • 4. 4  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP HIGH-IMPACT LEARNING FOR HIGH-POTENTIALEXECUTIVES Intense and highly interactive, the Executive Development Program — with its careful balance of functional knowledge, strategic thinking and interpersonal and leadership skills — is designed to: • Broaden your understanding of the roles, responsi- bilities and interactions of key functional business areas to give you greater confidence in managing them • Strengthen your ability to interpret and apply information from functional areas for sound, fully informed decision-making • Deepen your insights into effective leadership and change management in your organization • Challenge your thinking with new concepts and approaches for competing more aggressively in the global marketplace • Expand your worldview with new perspectives and practical knowledge gained through collaboration with an international group of peers SPECIAL PROGRAM FEATURES FINANCIAL REPORTING TUTORIAL Work one-on-one, side-by-side with a leading Kellogg faculty expert on financial reporting to “read,” understand and interpret the meaning behind a real-world financial report of your choosing — your company’s or perhaps a competitor’s. Participants consistently rate this enlightening exercise as one of the highlights of the three-week program. COMPUTER SIMULATIONS Put your new knowledge and skills to the test in a safe environment before putting them into practice. You’ll augment your classroom coursework and study group assignments with computer simulations that give you hands-on experience at applying the theory and princi- ples you learned in actual case scenarios. LEADERSHIP COACHING PACKAGE If you would like to deepen, extend and personalize your Executive Development Program experience, Kellogg offers an optional leadership coaching program. You will work with an experienced Kellogg leadership coach who is familiar with the program’s content. With your coach, you will set goals and discuss leadership strategies to meet the challenges of your specific situation. On-site coaching sessions occur during the early mornings, lunchtimes or evenings. Post-program coaching via scheduled conference call takes place within a six-month period. For more information, visit kell.gg/kxcoach.
  • 5. 5  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP INTERACTIVE. STRATEGIC. IMMERSIVE. The Executive Development Program is structured to deliver key insights into your organization’s operations and help you understand the big picture: A DYNAMIC CURRICULUM FOR CHANGING TIMES The ever-evolving nature of business constantly challenges leaders by presenting complex problems and unanticipated opportunities. With its finger on the pulse of business, Kellogg regularly augments this program’s curriculum to keep pace with the changing world. Recent topics have included Transformational Analytics, Strategic Alliances and Social Capital. INFLUENCES STRATEGY OPERATIONS MARKETING ACCOUNTING & FINANCE OUTCOMES GLOBAL EVENTS • Social/Political • Environmental • Economic COMPETITORS CUSTOMERS ORGANIZATION’S HISTORY, TOP MGMT. & RESOURCES • Capital • Raw Materials • Labor Force INDIVIDUAL CONTRIBUTIONS TEAM & DEPARTMENTAL CONTRIBUTIONS REVENUES, PROFITS & CASH FLOWS ORGANIZATION’S MISSION LEADERSHIP (YOU)
  • 6. 6  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP SCHEDULE FOR TYPICAL DAY 7:00am –  8:30am 8:30 – 10:00 10:00  –  10:15 10:15 – 11:45 11:45am – 1:00pm 1:00 – 2:30 2:30 – 2:45 2:45 – 4:15 4:15 – 6:00 6:00 6:30 7:30 – 9:00 Breakfast Class Session Coffee Break Class Session Lunch Class Session/Case Study Coffee Break Class Session Individual Study and Recreation Cocktails Dinner Application/Reflection and Preparation MORNINGAFTERNOONEVENING
  • 7. 7  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY MORNING Strategy Accounting/ Financial Reports Accounting/ Earnings Quality Authentic Leadership Marketing Simulation Accounting/ Financial Reports AFTERNOON Program Introduction Intro to Financial Statements Fundamentals of Strategy Strategic IT Fundamentals of Marketing Marketing Simulation Free Time EVENING Getting Started: Maximizing Your EDP Experience Study Groups Reflection and Preparation Reflection and Preparation Study Groups Free Evening (Group Outing) Free Time WEEK A STRATEGIC GROUNDING IN THE FUNDAMENTALS OF BUSINESS ACCOUNTING Demystifying financial statements and reporting enables you to ask the right questions and talk numbers with confidence. You’ll examine the workings of financial statements and the conceptual underpinnings of corporate financial reports. You’ll learn strategies for evaluating and linking earnings and cash flow to value creation, you’ll develop a clearer understanding of corporate disclosures and nondisclosures and you’ll learn how companies take advantage of allowable income-increasing strategies. FINANCE You’ll become familiar with both the frame of reference used by financial officers and the challenges they encounter. You’ll explore cash flow analysis, capital budgeting allocation decisions and capital structure analysis, as well as models for evaluating investment alternatives and the ranking of investment projects. MARKETING Members of Kellogg’s world-renowned marketing faculty will share insights into how marketing is changing and how marketers must change with it. You’ll explore marketing-related challenges faced by mid-level and senior executives and the concepts and tools required to improve operating results. This module assumes familiarity with basic marketing principles. OPERATIONS You’ll focus on the strategic role of operations in financial success, take a systemic view of organi- zations as collections of business flows and supply chains and identify key metrics for targeting improvement. This module also emphasizes the linkage of operational and financial flows as part of daily management and examines strategic capacity investment and operational hedging. STRATEGY In this module, you’ll examine 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’ll address the nature of your markets, the competition and rivalry within them and how to maximize your core competencies to grow the top line.
  • 8. 8  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP ENHANCING YOUR LEADERSHIP CAPABILITIES TEAM BUILDING Featuring engaging computer simulations, this module will boost your understanding of human behavior as you practice problem-solving skills and explore an array of topics in team building, emerging leadership challenges and the value of continuous learning within your organization. CROSS-CULTURAL NEGOTIATIONS You’ll learn basic business negotiation skills, practical frameworks for negotiating in a globalized marketplace and new ideas and techniques from the field of dispute resolution. Although you can use what you learn here in virtually any situation, this module emphasizes negotiation within organizations and group decision-making. DECISION-MAKING This highly interactive module will expose you to the challenges of decision-making under risk. You’ll learn the most common decision-making pitfalls, how to identify biases in yourself and others and how to design groups to be more vigilant decision-makers. AUTHENTIC LEADERSHIP Yesterday’s people management model of appren- ticeship, command and control no longer works. Coaching others to achieve success delivers much greater impact. In this module, you’ll explore your unique leadership characteristics and learn how to maximize your personal leadership identity. BUILDING SOCIAL CAPITAL AND LEADING ORGANIZATIONAL CHANGE Learn the theory and practical implications of social capital — who you know — and how to maximize your effectiveness through the relationships you build. In a computer simulation, you’ll practice leading change by applying concepts to gain buy-in and commitment. WEEKS & SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY MORNING Free Time Cross-Cultural Negotiations Marketing Strategy: New Businesses Competing in a Networked Economy Marketing in Emerging Markets Strategic Decision-Making Free Time AFTERNOON Evaluating Financial Results Action Learning Finance/ Cost of Capital Strategic Operations Cross-Cultural Negotiations Supply Chain Management Free Time EVENING Study Groups Study Groups Reflection and Preparation Study Groups Reflection and Preparation Study Groups Free Time SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY MORNING Free Time Leading High- Impact Teams Power and Politics Social Capital Leader as Coach Moving Forward: Maximizing Your EDP Experience AFTERNOON Action Learning Finance Finance Change Management Simulation Action Learning Adjourn EVENING Study Groups Free Evening Finance Action Learning Study Groups Closing Dinner Free Time
  • 9. 7% TOP SENIOR MIDDLE 18% 43% 39% SALES FINANCE ADMIN LOG/DIST BUS DEV ENG GM MKTG IT 33% 18% 6% 2% 5% 5% 10% 10% 11% AFRICA EUROPE LATIN AMERICA ASIA 3% 16% 42% USA CANADA 28% 4% 9  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP Kellogg believes that the alchemy of successful practitioners and leading academics interacting in an environment dedicated to advancing the art and science of management can produce extraordinary learning results. To create such an environment, the 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. Participants therefore represent a rich diversity of disciplines, geographies and career experiences. They come from a wide variety of industries, including wholesale trade, manufacturing, financial services, health care, not-for-profit and government. More than half reside and work outside the United States. WHO SHOULD ATTEND • High-performing mid-level and senior management executives on a path to becoming general managers • Functional senior leaders who must interface with other functional areas outside of their expertise • Principals of small and medium firms and entrepre- neurs or owners of small companies with growth potential • Ideal candidates have at least 10 years of experience. THE RIGHT PEOPLE. THE IDEAL ENVIRONMENT. OPTIMAL LEARNING OUTCOMES. MANAGEMENT LEVEL TYPICAL PARTICIPANTS, BY FUNCTION TYPICAL PARTICIPANTS, BY REGION
  • 10. 10  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP LEARN FROM LEADERS IN THEIR DISCIPLINES THESE AND OTHER SENIOR MEMBERS OF THE KELLOGG SCHOOL OF MANAGEMENT’S WORLD-CLASS FACULTY TEACH IN OUR EXECUTIVE DEVELOPMENT PROGRAM. Brenda Ellington-Booth, Expert in leadership and executive coaching Brian Uzzi, Expert in leadership and organizational change Leigh Thompson, Expert in leadership and team building Jan van Mieghem, Expert in operations management Timothy Calkins, Expert in marketing Marian Powers, Expert in financial reporting
  • 11. 11  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP PROGRAM FACULTY For the Executive Development Program, Kellogg has gathered a strategically selected, cross- disciplinary faculty: teachers, authors, researchers, consultantsandexperiencedpractitioners.Because Kellogg emphasizes research and its practical application, these the chosen members stand at the forefront of knowledge in their disciplines and interact with top executives, who often tap their specialized knowledge as consultants and advisors. Each faculty member is dedicated to creating a rewarding learning experience for you. Each will be readily accessible for informal discussion during the program. THE EXECUTIVE DEVELOPMENT PROGRAM FACULTY HAS INCLUDED: Brenda Ellington-Booth Academic Director; Clinical Professor of Management and Organizations Marian Powers Academic Director; Adjunct Professor of Executive Education Timothy Calkins Clinical Professor of Marketing Alexander Chernev Professor of Marketing Julie Hennessy Clinical Professor of Marketing Harry M. Kraemer Clinical Professor of Strategy Michael Mazzeo Associate Professor of Strategy Mitchell A. Petersen Glen Vasel Professor of Finance; Director, Heizer Center for Private Equity and Venture Capital Leigh Thompson J. Jay Gerber Professor of Dispute Resolution and Organizations; Professor of Management and Organizations; Director, Kellogg Team and Group Research Center (KTAG) Kim-Chi Trinh Clinical Assistant Professor of Management and Organizations Brian Uzzi Richard L. Thomas Professor of Leadership and Organizational Change; Co-Director, Northwestern Institute on Complex Systems (NICO); Faculty Director, Kellogg Architectures of Collaboration Initiative (KACI) Jan A. Van Mieghem Harold L. Stuart Professor of Managerial Economics; Professor of Operations Management, Managerial Economics and Decision Sciences Florian Zettelmeyer Nancy L. Ertle Professor of Marketing; Faculty Director, Program on Data Analytics at Kellogg (PDAK)
  • 12. 12  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP ABN AMRO Accenture Aon Hewitt ArcelorMittal Argonne National Laboratory AT&T Bank of America BNSF Railway BP Bush Central Bank of Nigeria China Steel Churchill Downs Citigroup Civil Aviation Department, Hong Kong Credit Suisse Cummins Inc. Customs and Excise Department, Hong Kong Dell Services Deloitte Dentsu Deutsche Bank Diageo Dow Corning Eisai Elkay Manufacturing Co First Bank of Nigeria FMC Frito-Lay Fujitsu GE GE Aviation Hewlett-Packard Hitachi Data Systems HSBC IBM IIT Bombay Illinois Tool Works Itochu JCPenney Johnson & Johnson Johnson Controls, Inc. JPMorgan Chase Klein Tools KLM Royal Dutch Airlines Kohler Marathon Petroleum Corp. Medtronic Microsoft Miller Brewing Co. Ministry of Finance, Thailand Mitsubishi Corporation Mitsui & Co. Monsanto Motorola Neenah Paper Petrobras Procter & Gamble SC Johnson & Son Shell Oil Siemens GE Aviation Systems St. Jude Medical, Inc. Sumitomo Suzano Pulp and Paper Toshiba UBS Verizon Xerox INVESTING IN THE FUTURE This is a sampling of companies that have invested in the development and advancement of their most promising senior executives by sponsoring their participation in the Executive Development Program.
  • 13. 13  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP THE JAMES L. ALLEN CENTER HOME TO YOUR LEARNING AND LIVING EXPERIENCE Your program includes classroom instruction, program materials, accommodations,* meals, coffee breaks and receptions. Most programs are held in the James L. Allen Center, nestled in the heart of Northwestern’s urban lakefront campus. The Allen Center is an all-inclusive learning environment offering you private room lodging, delicious dining, fully equipped study rooms, lounge areas, technology centers, laundry service and a fitness center. The Allen Center’s front desk is staffed around the clock to assist with transportation and FedEx service, all offered with a dose of Kellogg’s famed hospitality. Kellogg Executive Education participants have guest privileges at Northwestern University recreational facilities, plus quick access to the bustling cities of Evanston and Chicago. *When program registration requires additional accommodations, our staff will make all the necessary arrangements for participants to stay at a nearby hotel.
  • 14. 14  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP PREPARETOLEADATTHETOP: APPLY ONLINE NOW Visit our website for detailed application and payment information, including our cancellation policy and information on wiring international payments. Please note that class size is limited to maximize classroom and study group participation. Early application is encouraged. Applications are accepted on a rolling basis and are reviewed upon submission until the program fills. If you have a question or need more information, please contact us: PROGRAM PAGE kell.gg/kxedp EMAIL ExecEd@kellogg.northwestern.edu PHONE 847.467.6018 ADMISSION CRITERIA An admissions committee thoroughly reviews each application and considers the nature and scope of the applicant’s responsibilities. For the benefit of class members, sponsoring organizations and the integrity of the program, the committee seeks to admit individuals with diverse skills and experiences and at least 10 years of professional experience. Kellogg expects that participants will attend all sessions, immerse themselves completely in the experience and free themselves of all other obligations while the program is in session. Strong English reading, listening and speaking skills are required. It is expected that participants can read through an ambitious curriculum of business materials and contribute meaningfully to classroom and small group discussions. SPONSORSHIP REQUIRED To enroll in the Executive Development Program, you must have a sponsor from your organization, someone familiar with your background and motivations for attending. This could be the person to whom you report, your organization’s chief human resources officer or the person responsible for management development in your organization. “EXCELLENT LEARNING EXPERIENCE WITH COLLEAGUES FROM AROUND THE WORLD. [THE] INFORMATION TAUGHT IS DIRECTLY APPLICABLE TO TODAY’S BUSINESS ENVIRONMENT.” PROJECT MANAGER, U.S. GOVERNMENT
  • 15. 15  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP RECOGNIZED. CONNECTED. INVOLVED. EXECUTIVE DEVELOPMENT PROGRAM ALUMNI BENEFITS Upon completing the Executive Development Program, you will receive lifelong learning and networking benefits, including: • Membership in the global Kellogg alumni network • Access to the online alumni network, including a network directory, discussion groups and other tools • Opportunities to participate in alumni clubs • Kellogg email forwarding for life • 30 percent discount on 2–5 day Executive Education programs • Access to cutting-edge research and content from Kellogg faculty and leading practitioners • A subscription to Kellogg magazine • Invitations to attend Kellogg-sponsored conferences on relevant issues in management
  • 16. 16  EXECUTIVE DEVELOPMENT PROGRAM  //  KELL.GG/KXEDP EDP2016-BR Northwestern University reserves the right to change without notice any statement in this publication concerning, but not limited to, rules, policies, tuition, fees, curricula and courses. This includes the right to cancel a program at any time for any reason. In case of a cancellation, the university is not responsible for any travel or other related expenses accrued by the program registrant. Photography: © Justin Runquist © 2015 Northwestern University. All rights reserved. KELLOGG SCHOOL OF MANAGEMENT Northwestern University James L. Allen Center 2169 Campus Drive | Evanston, IL 60208 PHONE  847.467.6018 FAX  847.491.8002 EMAIL  ExecEd@kellogg.northwestern.edu KELL.GG/KXEDP