Your Course of Study
In keeping with Harvard Business School's unique approach, full-time HBS faculty members teach this Executive Education program. The rigorous curriculum features cases developed as field research in India and other emerging markets.
The program incorporates a personal action plan to help you focus on the specific milestones and obstacles facing your company in the context of the Indian real estate supply chain. Guided by HBS faculty members, you will be challenged to identify and refine your personal and organizational goals through a combination of analytical and comparative assessment tools and best practices. Based on this feedback, you will be encouraged to further develop action plans and frameworks that address your organization's short-term and long-range objectives.
In addition to providing a multidisciplinary and international perspective, the program enables you to learn from, and network with, an elite group of industry peers in valuable ways that extend far beyond the end of the program.
Major topics include:
Leadership and Strategy
Companies engaged in developing the new India must cope with immense volatility and complexity, not only from a financing standpoint, but also from the perspective of building an enduring business franchise. Key topics include:
- Establishing and sustaining competitive advantage in a rapidly evolving real estate environment
- Examining international best practices and strategic thinking with respect to finance and the design of urban areas that can expand in population and thrive
- Identifying infrastructure investments that create development opportunities and support continued growth
- Planning for the long-term effective operations of projects after completing the initial construction phase
Financial and Market Analysis
The success of India's development projects, and of the cities that contain them, will depend on efficiently sourcing and directing large amounts of equity and debt, and on effectively building and running the right projects. Key topics include:
- Financing development based on the unique capabilities and the needs of your organization and of the project
- Leveraging funding sources such as bank loans, private equity, and presales
- Learning how to align the goals and incentives of investors, developers, and government entities to harness sources of private capital for individual projects and infrastructure improvements
- Formulating a capital structure that incorporates international standards in identifying repayment sources, calibrating fees and tariffs, enforcing contracts, and addressing and assigning risk
Urbanization, Sustainability, and Policy
Projections for India indicate that more than 200 million people will move from the countryside to urban areas by 2020. This influx of workers—and of families needing resources—will drive individual real estate investments as well as the competitive advantage of cities. Key topics include:
- Understanding the implications of projected population shifts and concentrations, and what they mean for cities, investors, and real estate supply and demand
- Planning and developing forward-thinking strategies to sustain critical support for real estate, including urban land use, major roads, resources, and transportation
- Interpreting projections for the supply of power, water, food, and construction materials—and analyzing how to influence demand for these items to help urban areas thrive