Key Management Challenges
The core component of MANAGERIAL PRACTICES are a series of courses we call "Key Management Challenges" (or KMC's).
KMC's are Multidisciplinary
Firms are often organised along vertical silos, and management issues get framed in a simplified manner. While this is a good thing, providing simplicity and fine-grained tools, it is not always realistic. KMC courses tend to deal with relatively broader and multidisciplinary issues. This does not mean all disciplines are thrown into each KMC course, but coverage is usually given to several. Some KMC's also involve multiple faculty and guest speakers.
KMC's are Broad and Challenging
By definition, "Key Management Challenges" should, of course, be challenging. That is, they are areas where there is seldom one best way to approach things; the topics' breadth often means multiple angles and perspectives are necessary. Discussions may not conclude on a common solution, but agree on what the issue is, which is already half the solution
KMC's offer Choice
Some possible KMC topics are listed below:
Business and Commercial Laws
To provide the participants with an overall understanding of PRC business and commercial laws, and the local practice with a hope to assist the business executives in making better decision when they handle future projects; illustrate legal risks frequently seen in China and provide advice on how to avoid or reduce such risks to protect the interests of the companies; enhance negotiation skills through group discussions and presentation on solving complicated legal issues, and help gain practical legal knowledge in a competitive environment to enable them to make sound business decision.
Cross Cultural Management
Improve participants' CI (Cultural Intelligence) to more effectively diagnose and manage “people problems” that you encounter at cultural interfaces, where people with different assumptions, values, beliefs and behaviors must work together.
Develop entrepreneurship and leadership talents to support a more rewarding and satisfying life. The course is designed for participants interested in “thinking outside the box” by making entrepreneurial values and behaviors a part of their leadership repertoire.
This course helps participants gain a better appreciation for the ways in which human psychology, including desires, motives, perception, reasoning, decision making, emotions, and behaviors interact with economics and managements.
Participants will grasp why and how operations should be aligned with business strategy and integrated with marketing, people, information systems, and finance; employ frameworks, models, and tools, and generate critical and creative thinking; deal appropriately with variability (in demand, resource capacity, and supply), and provide strategically valuable capabilities to organisations.
Competitive Supply Chain
The key mission of supply chain management is to deploy an organisation’s go-tomarket strategy in an effective fashion. To fulfil this mission. The course will:
Identify the operational drivers of customer value,
Quantify the cost-service trade-off for designing differentiated supply chain solutions,
Build high-performance ecosystems,
Devise long and short-term incentives for ecosystem alignment, and
Introduce innovative business models for sustainable competitive advantage.
To shape and refine participants' holistic understanding of business operations and sharpen their business acumen.
Your First 100 Days
The course takes participants through the experience of acquiring, managing, and restructuring a company via practical execution of theory learnt throughout the TIEMBA programme; finance, marketing, strategy, organisational behaviour, production and operations management, negotiation, etc.