5-Day Mini MBA
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Boost your career with the 5-day Mini MBA of MCE, ideal for managers and professionals who want to become a great “all-round manager”. Using a practical Business Simulation, you will get practical challenges to develop your management skills in Leadership, Strategy, Business Finance, Marketing & Supply Chain. This is a very intensive and challenging programme. Are you prepared for the challenge?
The programme uses a Business Simulation throughout the 5 days – which means you will practice what you learn to develop your business management skills. You will make mistakes and try again until you get it right.
Register to this intensive 5-day executive management training programme focused on practical learning, designed and facilitated by business people that understand your challenges and will guide you to find effective solutions.
Get equipped with practical operational and managerial skills that will support the development of your management career.
This management training course combines proven-by-practice methods with new insights and ideas that will grow your leadership and managerial skills. You will gain a wider perspective of management practice through breakout sessions, exercises, and case applications.
How will you benefit?
After participating in the MCE 5 Day Mini MBA programme, you will grow your management skills & competencies and be able to:
- Understand how a company really works – with a multi-functional overview of a business and key leadership competences necessary for success
- Develop strategic thinking, planning and execution skills at a divisional or functional level, using the best tools and frameworks
- Influence, enable and deliver wider organizational goals and tasks
- Lead and align your stakeholders to deliver your divisional, functional or organizational strategy
- Make better business decisions and improve your contribution to the business
- Speak the language of business and understand how general managers think and act
- Read the business environment and translate changes into competitive strategies for sustainable growth
- Support strategic goals from top management and be able to translate them for your area and implement them more efficiently
- Better implement strategy through the people in your team and different departments with new leadership skills
During the programme you will:
- Network and learn from a diverse group of peers from different functions, industries and countries
- Develop a personal action plan to implement back at work
- Learn and practise using real-world examples over 5 interactive days
What will you learn and practice?
MCE's 5-Day Mini MBA is an intensive, hands-on and practical programme. You practice what you learn every day. The programme uses a powerful “Business Simulation” throughout the week. The simulation covers 5 years in a company and the objective is to maximize profitability and ROCE over the strategic 5-year period. Investment decisions have to be made to manage growth and build competitive advantage. Teams of 3 to 4 people work throughout the week and the simulation is synchronized with the daily class room subjects. It gets progressively complex during the week, as the teams have to consider multiple variables to manage the short and the long term goals. Teams receive immediate feedback. The objective is to understand the real factors which impact business decisions and to practice, practice, practice what you learn during the week. Remember you will need to take your laptop with you to the programme and also be prepared for an intensive management workout!
During the week, the programme focuses on the following 5 key areas:
- Leadership Development – key competences, building self awareness, leading others and the organization through change. This also includes self profiling, daily reflection and feedback from the facilitators and peers to develop emotional intelligence
- Strategy – building a strategy (the changing world and its impact, internal analysis, differentiation etc), and strategy execution (organizational and individual)
- Finance – the fundamentals that underpin business success including Profit & Loss, Balance Sheets, Cash Flow and Investment decision-making
- Marketing & Sales– knowing the customer (needs and segmentation) and achieving success with the customer (targeting, Customer Value Proposition, sales etc)
- Supply Chain – its importance in delivering the Customer Value Proposition
A Business Simulation will be used throughout the five days and will cover activities of five financial reporting years. You will work in teams of 3 to 4 people and your objective will be to maximise profitability and ROCE over the strategic 5 year period.
Day 1 – Leadership Key leadership competences, self profiling, reflection and feedback from facilitator and peers.
- Competency framework and organizational success
- Leadership Characteristics
- Emotional intelligence and personal insights discovery
- Situational Leadership
- Leadership & Management
- Business Simulation: Building Business Awareness
Day 2 – Strategy & Marketing Building and Executing Strategy—Learn the fundamentals of marketing and sales that underpin business success.
- Strategy roadmap & Competitive strategy
- Blue Ocean thinking
- Customer centricity
- Marketing & Sales – Essential Principles
- Business Simulation: Strategic thinking & Framing
Day 3 – Marketing, Supply Chain & Business Models
- Market segmentation, targeting and positioning
- Marketing mix and branding
- Supply chain
- Business models
- Financial Statements – Profit & Loss Statement (P&L)
- Business Simulation: Finance & Strategy Implementation
Day 4 – Financial Statements & Analysis Investment Appraisal
- Financial Statements – Balance Sheet
- Financial Statements – Cash Flow
- Financial Ratios
- Investment Appraisal Principles
- Investment Appraisal – Practice
- Business Simulation: Finance (continued) & Competitive Position
Day 5 – Strategy Execution & Consolidation
- Finalization of the Business Simulation
- Strategy Execution
- Phoenix Case Study
- Leading Change (Change Management)
- Wrap up (incl. Simulation winners)
- Action plan and closing
Who should attend
MCE’s 5 Day Mini MBA is the ideal programme for managers with technical, scientific or specialist backgrounds. This includes production engineers, R&D engineers, finance managers, sales executives, marketing specialists, logistics managers, etc. It is also valuable for managers & department heads who need to refresh and develop their business knowledge to support their future.