Driving Growth Through Innovation – India
Companies that continually excel at creating new products, services, and businesses know how to innovate effectively. Focused on the core challenges of managing innovation in an evolving marketplace, this program prepares you to develop and market innovative products and services by identifying and leveraging new opportunities. You will leave with the latest tools and strategies to manage today's diverse risks and to position your company for future success.
Harvard Business School in India
As part of Harvard's mission to build a truly global university, HBS has been cultivating stronger and deeper connections with India's business environment for more than a decade. Our engagement in this region, initiated with case studies focused on companies operating in India, has gradually expanded to include development initiatives for faculty in India, specialized education programs, analysis of local business challenges through the India Research Center, and a new state-of-the-art classroom at the Taj Lands End in Mumbai. Now, more than ever, HBS is committed to fostering a worldwide exchange of knowledge that will drive economic growth for years to come—in India and around the world.
What You Can Expect
Executives are challenged to do more with less, yet still keep their companies at the forefront of innovation. By balancing corporate strategy with effective execution, this leadership training program presents new methodologies and tools to help you manage innovation day to day—and to help your company sustain competitive advantage over the long term.
Your Course of Study
Focused on the practices of today's most successful companies in India and around the world, this rich learning experience offers new insights into a wide range of innovation challenges and opportunities. You will explore new approaches to aligning product development with corporate strategy, reinventing strategic innovation systems, assessing disruptive technologies, and bringing innovative products and services to market.
Who Is Right for the Program
Designed for leaders responsible for the development and marketing of new products and services in large established companies, this HBS Executive Education program is suited for vice presidents, directors, and senior managers in a variety of functional business areas. Cross-functional or intradepartmental teams also are encouraged to apply.
Harvard Business School in India
The rapid emergence of India as a global economic power has increased the demand for business education that focuses on the unique challenges and opportunities in the Indian marketplace. At Harvard Business School (HBS), we offer specialized programs and initiatives that enable us to deliver unparalleled thought leadership, executive education, and best practices to managers of both local and global companies looking to compete in this region. Each Executive Education offering features accomplished faculty and premier facilities that accelerate learning, encourage engagement, and generate dynamic exchange among people from India and around the world.
A History of Broad Engagement
HBS has been researching and developing cases on companies operating in India for more than a decade. In 2006, we established the India Research Center (HBS IRC) in Mumbai to develop intellectual capital on the critical challenges facing the country's business organizations and leaders in key industries. Two years later, Harvard Business Publishing established a wholly owned subsidiary in India, and HBS began offering Executive Education courses in Hyderabad and Mumbai.
Drawing on their experience and expertise, HBS faculty members have written more than 90 new cases specifically related to companies in India and South Asia—cases that are taught in our educational programs, distributed worldwide, and used extensively by Indian business schools. And in recent years, approximately 100 Indian faculty have participated in our Global Colloquium for Participant Centered Learning, where they learn from HBS faculty how to teach effectively using the case method.
A Mission of Global Proportions
Our longstanding commitment to India is an essential element of Harvard's broader mission: to build a truly global university. Beyond targeted course offerings and local facilities, our involvement in the region includes the Harvard South Asia Initiative, which engages faculty and students across the University with the aim of advancing and deepening teaching and research on relevant global issues. In pursuit of the University's broad-based mission, HBS will continue to build an infrastructure that provides leading-edge programs and resources to established and emerging managers across industries and borders—and explores India's major long-term role in the global economy.
An Ongoing Commitment to Teaching and Learning
As India's business environment continues to evolve, HBS continues to expand its ability to explore groundbreaking best practices, share its time-honored teaching methods with new audiences, and bring its global research to bear on the challenges facing executives doing business in the region. These efforts are fostering a worldwide exchange of knowledge that will drive economic growth for years to come—in India and around the world.
A New Facility in India
We are now able to deliver the full HBS experience in India in our new state-of-the-art classroom at the Taj Lands End in Mumbai. The Taj Lands End is an ideal location for the classroom with its proximity to the airport and the downtown area. Incorporated by the Tata Group, the Taj Lands End is currently headed by Mr. Ratan Tata, a graduate of Harvard Business School's Advanced Management Program. This amphitheater-style space—virtually indistinguishable from the classrooms in Boston—features advanced multimedia capabilities that enable faculty and participants to fully replicate the HBS case method environment. With a seating capacity of more than 80 participants, the facility hosts courses for leaders in business, government, and academia on a wide range of subjects that include corporate social responsibility, building a global enterprise, case writing, and course development. It also is used throughout the year for the Harvard South Asia Initiative's programs and symposia.
For more information, please contact:
Harvard Business School IRC
Telephone: +91-22-24934510
Fax: 0091-22-24900724
Email: harvardindia@hbs.edu
What You Can Expect
Improving Your Organization's Performance
Whether your company is already doing business in India or is contemplating entering that market for the first time, Driving Growth Through Innovation—India will help you focus your products or services around innovation-driven growth, taking into account what is feasible from your corporate strategy, innovation model, and go-to-market processes.
Through relevant lessons in the classroom, the program empowers those who are responsible for leading product and service development to align the operating units within the organization, strengthen their corporate advantage, assess known and unknown risks, and drive sustainable growth in one of the world's fastest-growing regions.
Taking Your Skills to the Next Level
World-renowned HBS faculty will lead you and an accomplished group of global peers in an exploration of corporate strategy development and execution. You will enhance your ability to:
- Balance corporate strategy with effective execution
- Approach each project as an opportunity to develop new skills and capabilities
- Manage innovation-driven development projects to achieve strategic goals
- Recognize and create new opportunities for product and service innovation
- Develop and foster an experimentation mindset within the organization
- Tap into customers as sources for new and creative ideas
- Use your leadership skills to instill a culture of innovation in development teams
- Draw from personal experience to improve product and service delivery models
- Reduce innovation time-to-market and accelerate revenue growth
Your Course of Study
Through dynamic faculty lectures, classroom discussions, real-world case studies, and small group activities, Driving Growth Through Innovation—India explores new ways of thinking about managing growth. As you become familiar with a carefully designed set of methodologies and tools, you will tailor a coherent and consistent approach for innovating your development processes, products, and services. You will return better prepared to manage innovation-driven growth, achieve strategic goals, and gain corporate advantage.
The comprehensive curriculum for this leadership development program is built around five integrated sections:
Linking Strategy to Execution
- Aligning product and service innovation plans with business strategy
- Designing a portfolio of projects to ensure long-term success
- Building skills for R&D and execution, and balancing the two to meet current and future needs
- Creating and developing effective cross-functional teams
Leveraging and Managing Disruptive Technologies
- Understanding how disruptive technologies affect product development strategy and execution
- Building the capability to anticipate and market new products, services, and technologies
- Managing the tension between radical and incremental innovation
Examining Open Innovation
- Partnering with customers and suppliers for innovation
- Leveraging communities and crowdsourcing for problem-solving
- Building an open system for greater effectiveness
Designing an Effective Innovation System
- Integrating marketing insights into the development process
- Implementing concurrent engineering and rapid problem-solving techniques
- Unlocking the potential of new experimentation technologies
- Designing for flexibility, fast iteration, and creativity
Building Your Innovation and Growth Agenda
- Ensuring that your growth objectives are supported by an innovation pipeline
- Building and improving management systems that drive growth and innovation
- Acquiring and deploying these new tools, frameworks, and thinking in your organization
Who Is Right for the Program
This HBS Executive Education program is intended for senior managers of large established companies who have project responsibility for product and service development. The program Driving Growth Through Innovation—India has particular relevance for vice presidents, directors, and other senior managers. You will broaden your professional network through close interaction with an elite group of Indian and global peers who represent diverse industries and functions, including:
- Research and product development
- Engineering
- Product management
- Marketing
- Operations
- Finance
- Strategy
Because successful integration between product and service development and other key business functions can contribute significantly to innovation effectiveness, HBS encourages companies to send cross-functional or intradepartmental teams of four to six managers. When leaders share a common vocabulary and a set of action frameworks, their organizations reap the benefits of faster and more effective implementation.
Past Participants Represented:
| Industries | Nationalities | ||||
| 18% | Chem/Pharm/Bio | 86% | Asia/Pacific | ||
| 15% | Consumer Products | 7% | Middle East | ||
| 10% | Financial | 7% | North America | ||
| 8% | High Technology | ||||
| 8% | Manufacturing | ||||
| 10% | Nonprofit Services | ||||
| 8% | Other Services | ||||
| 10% | Professional Services | ||||
| 8% | Raw Materials/Energy | ||||
| 3% | Retail Services | ||||
| 3% | Utilities/Telecom | ||||
Meet the Program Faculty
Like all Harvard Business School Executive Education programs, Driving Growth Through Innovation—India is developed and taught by a core faculty of HBS professors. Our faculty members are widely recognized as skilled educators, groundbreaking researchers, and award-winning authors.
Through publishing, consulting, and teaching, they leverage their business expertise and field-based research to create new knowledge and enduring concepts that shape the practice of management. The result is a teaching team that exposes participants to multiple perspectives, challenging their thinking and encouraging new practices that result in superior business leadership. For more detailed biographies, click on each faculty name.
Core Faculty
David E. Bell, George M. Moffett Professor of Agriculture and Business. Member of the Marketing Unit; and faculty chair of "Agribusiness Seminar" and "Agribusiness Seminar: A European Offering."
Stefan H. Thomke, William Barclay Harding Professor of Business Administration. Member of the Technology and Operations Management Unit; faculty chair of HBS Executive Education in India and "Driving Growth Through Innovation—India"; and faculty cochair of "Leading Product Innovation."
Because a diverse participant mix is an important part of every HBS Executive Education program, we look for candidates who reflect a broad range of industries, functions, countries, and backgrounds to enrich the learning experience. The program fee covers tuition, books, case materials, accommodations, and most meals. No payment is necessary until you have been accepted into an HBS Executive Education program. After admission notification, we will send you an invoice via email; payment is due within 30 days of the invoice date. If admission is within 30 days prior to the start of the program, payment is due upon receipt of the invoice. Payment is required prior to the program start date. We accept payment by company check or bank wire transfer. We do not accept payment by credit card. Details are included on the program invoice. If you need to cancel or defer participation, you must submit your request in writing more than 30 days before the start of the program to receive a full refund. Due to program demand and the volume of preprogram preparation, cancellations or deferrals received 14 to 30 days prior to the start of the program are subject to a fee of one-half of the program fee. Requests received within 14 days are subject to full payment. Although there are no formal educational requirements, admission is a selective process based on professional achievement and organizational responsibility. We look for professionals who have demonstrated business talent and leadership potential. HBS Executive Education programs enrich both participants and their sponsoring organizations, and require full commitment from each party. While participants devote time and intellect to the learning experience, sponsoring organizations agree to relieve individuals of their work responsibilities during the program. We deliberately design our programs to encourage individual growth and to foster productive interaction among participants. For that reason, proficiency in written and spoken English is essential. If English is your second language, or if you have less than one year's experience working in an English-speaking environment, HBS requires a brief statement documenting proficiency in English-language skills, both conversational and written. This may include a list of the English-language certification programs that you have completed; the degrees you have earned at English-speaking colleges and universities; or the results of the Test of English as a Foreign Language (TOEFL) exam. The Admissions Committee also may request a telephone interview. Program participants must be nominated and sponsored by their current employer. HBS must receive your application and all required documents in order to prepare the application for review by the Admissions Committee. To apply, you may use our online form or download an application. You also may request a brochure by mail. If you submit your application online, we will promptly acknowledge receipt of your submission via email. In the unlikely event that an email acknowledgment is not received, please contact the Admissions Committee by email: exed_admissions@hbs.edu, phone: +1-617-495-6226, or fax: +1-617-496-1731. If you choose to submit a printed application, be sure to type or print legibly and sign your application. Send the application to the address or fax number listed on the form. Mailed or faxed applications are processed and acknowledged promptly upon receipt via email. Please answer all questions thoroughly—the Admissions Committee will only consider completed applications. After reviewing your application and making the necessary edits or corrections, print or copy the application for your records. We request applications at least four weeks in advance of the program start date. Early application does not guarantee admission. Programs often fill to capacity, so early application is recommended. We acknowledge receipt of all applications and maintain all application information in strict confidentiality. To optimize the learning experience and maximize the exchange of ideas, the Admissions Committee selects a class that balances each participant's experience, the scope of his or her current responsibilities, and the type of organization. The Admissions Committee begins reviewing applications four months before the start date, and qualified candidates are admitted on a rolling, space-available basis. Once the review process has begun, applicants are notified within three weeks via email regarding Admissions Committee decisions. If your application is received within three weeks of the program's start date, the Admissions Committee will notify you of their decision as soon as possible. For further assistance, contact our client service specialists at: 1-800-427-5577 (outside the U.S., dial +1-617-495-6555).Admissions
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