Foundations for Business Leadership (FBL)
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Prepare for successful general management with the right business fundamentals
Do you have gaps in your current business knowledge that are limiting your career development?
Foundations for Business Leadership (FBL) brings you up to speed with accelerated learning in all the essential cross-functional skills and helps you to integrate them into your business as a whole.
Get confident in marketing, operations, finance, strategy, industry analysis, business models and entrepreneurship
Understand how value is created by integrating functions, and apply your new and enhanced capabilities to complex business issues
Get assessed on your understanding of business fundamentals, and your effectiveness as a team member
General Management - 20 days of accelerated learning
When you arrive at Foundations for Business Leadership (FBL), you step away from the distractions of your daily work environment for 20 consecutive days to intensely focus on the cross-functional skills that leaders must possess to be a general manager.
You will progress through a cross-disciplinary exploration of the critical challenges faced by organizations and business leaders today. This will provide the context in which you develop your general management skills and integrate the business fundamentals. Specifically, you will learn how to:
- Respond to shifts in customer needs
- Drive business model innovation
- Manage complex organizations
- Leverage globalization
- Identify industry and business trends
- Manage uncertainty
- Integrate technological evolutions and their impact on business
These themes will be addressed as you study the core business functions and processes of a global organization.
Practice while you learn - Integrative exercises
2-day business simulation
Two weeks through the program, you take part in a 2-day business simulation which integrates your learning and gives you greater insight into your business performance.
During this dynamic, integrative exercise, you bring together all the new general management skills you have learned on FBL and put them into practice by simulating the running and growing of a company. You improve your decision-making skills and overall performance as you see how your decisions impact company results over two years.
Final 2-day integration & assessment
For the last 2 days of the program, you prepare an integrative team exercise to bring all the threads of the program together. You present your learning to a panel of judges of FBL alumni and receive your final evaluation.
Chart your progress
Throughout the program, you receive feedback as you develop as an effective individual and team member. You will be challenged by the work, by the faculty, and by your peers to ensure that you reach the high standards set by IMD.
Who should attend
Are you an experienced manager looking to boost your cross-functional business skills to be an effective general manager/business leader? Are you planning to move, or have just moved, into general management?
Joining Foundations for Business Leadership brings you the opportunity to learn and grow with a highly diverse group of like-minded individuals.
Typically participants are working as a function or department manager, or already managing a business, country or region.