Executive Education

Kellogg School of Management

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Advanced Executive Program

Related Programs
  Executive Development Program
 
  Women's Senior Leadership Program
  Kellogg Management Institute

Upcoming AEP Sessions
  February 22 - March 20, 2009
114th Session - $39,000
  June 28 - July 24, 2009
115th Session - $39,000
 
Key Benefits
During AEP, you will:
Gain an understanding of the present and future role of the general manager
Examine the current international sociopolitical and economic environment and its effects on business
Update your knowledge of the roles and responsibilities of each functional area
Identify and evaluate market-driven strategies for an organization
Manage strategic and other organizational changes by identifying barriers and increasing your organization's flexibility and responsiveness
Sharpen your skills in evaluating strategic options, sustaining marketplace advantages, identifying performance issues, and making quality decisions
Broaden your perspective and expand your peer network
   
"What a great way to recharge your business battery! Solid fundamentals are stressed along with new ways to approach today's and tomorrow's complex business issues."

Director, Supply Management Agricultural Division, John Deere & Company
Dean Jain teaching class
© Nathan Mandell
Dean of the Kellogg School of Management; Professor of Marketing Dipak C. Jain
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The Curriculum

Senior members of the Kellogg School of Management's faculty designed the AEP curriculum to explore the environment in which business operates, the functional areas of management, the development and implementation of corporate and business unit strategy, and the promotion of organizational learning.

Week 1
Offering both a domestic and global perspective, AEP gives general managers an in-depth understanding of the environment in which organizations operate, including the social, political, competitive, and economic forces that shape strategy and performance. Some of the specific Week One topics include:

  • The Economy and Macroeconomic Policy
  • The Ethical Environment of Management
  • International Macroeconomics and the Financial Crisis
  • Money, the Federal Reserve, and the Dollar
  • Strategic Crisis Management
  • Stakeholder and Reputation Management

Week One also starts an entire track devoted to strategic management, a topic that is emphasized throughout the four weeks. Strategic management topics include:

  • Strategic Thinking: Concepts and Issues
  • Business Definition and the Concept of Synergy
  • Setting Business Unit Objectives
  • High Performance Business Strategy
  • Strategic Alliances
  • Understanding Organizations: Strategy, Structure, and Behavior
  • Managing Strategic Change


Weeks 2 and 3
These weeks offer a solid grounding in managerial functions and cover finance, accounting, marketing, and information technology from a general management perspective.

Finance: Evaluation of Investment Programs, Cost of Capital, Strategic Investments, Futures and Options

Accounting: Financial Reporting Issues, Performance Evaluation and Transfer Pricing, Cost Allocations and Strategic Cost Management

Marketing: Competitive Marketing Strategy, Competitive Brand Strategy

Operations and IT: Strategic Role of Operations, Sourcing and Risk in the Supply Chain, Competing on Agility, Driving Growth and Innovation

Each function is thoroughly reviewed and includes an examination of the decisions made, the information required to make the decisions, and the latest tools and concepts for approaching them. Those who have extensive experience in a given function benefit from reviews of recent trends and enrich group discussions by contributing their experience.

Week 4
In the final week of AEP, you will integrate your new knowledge and skills and focus on coordinating cross-functional implementation strategies. The week includes a real-world case study written and team-taught by AEP faculty. You will generate solutions and meet the top managers of the case company to present your recommendations.

Since general managers are responsible for the strategy and performance of their organizations, they are clearly in leadership positions. Thus, the second theme of the concluding AEP week is the latest thinking about leadership. Specifically, we address:

  • What general managers need to know about leading high impact teams
  • The role of the general manager in organizational communications and learning
  • Best practices in the art of executive decision making
  • Corporate governance and CEO/Board relationships


Educating Mind, Body and Spirit
AEP is an all-encompassing experience that extends beyond academics. In this spirit, Kellogg promotes both a healthy body and a healthy mind with our fitness program. An optional health assessment and fitness class are offered during the program.

 

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