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In the process of role-play simulation method, you will explore the leader's role in a re-dynamization context and how you can lead your corporation through a major transition.

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What You'll Learn

Exploring training methods based on case studies, faculty presentations, role-play simulation, small-group discussions, individual and group exercises, guest speakers (including some case protagonists), and panel discussions, you and your peers will explore how to assess challenges in today's business landscape, evaluate potential strategies, develop an approach to corporate transformation, apply financial levers appropriately, and execute the transformation. In the process, you will explore the leader's role in a re-dynamization context and how you can lead your corporation through a major transition.

Participants should expect to spend at least 10 days on self-paced case preparation prior to attending the program. Case materials will be made available approximately two weeks prior to program start.

Key Topics

Stages in the lifecycle of a turnaround

Triage: Assessing severity of the situation—in the present and potentially in the future
Crisis Management: Stopping negative cash flow and erosion of morale and talent
Stabilizing the Situation: Building a stable management team that can lead growth and profitability
Planning the Future: Developing strategy, structure, and systems focused on the company's long-term success

Strategy: Defining a new direction

Diagnosing challenges proactively, even if your company is doing all right—for now
Seeking new opportunities to create value
Outlining strategic options
Choosing the best direction to follow
Prioritizing activities
Implementing strategy—for the short term and for the long term

Financial revitalization

Managing cash flow
Deciding whether to retain or divest assets
Reevaluating decision rights and control rights
Revitalizing the corporations through private equity
Knowing whether (and how) to choose bankruptcy as a path to revitalization

Organization and culture

Streamlining the organization, simplifying structure, and redesigning core processes
Retaining key talent and sustaining morale
Evaluating organizational culture, values, and purpose—and making essential changes
Defining and evolving the organization and culture to enable success

Leadership in times of transition

Embracing the leader's role as strategist, organization builder, and principal change agent in revitalization efforts
Developing the skills and abilities essential for leading corporate revitalization
Sustaining an effective leadership team under tough conditions
Managing performance throughout the transition