PWC'S ACADEMY MINI MBA PROGRAMME - WWW.PWC.COM/ME
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Contents 1. About PwC’s Academy 4 2. About PwC’s Mini MBA Programme 5 3. Mini MBA Structure 6 PwC’s 4. Module descriptions 7 Mini MBA 5. What our students say 16 Programme 6. PwC in the Middle East 17 7. Contact Us 20
About PwC’s Academy PwC’s Academy is the educational financial competencies, management business of PwC. Our goal is to skills and professional qualifications. help improve the knowledge, skills, Our courses are based on the best competence and expertise of our practices of PwC Global and the people in finance and business; individual experiences of our experts. to help organisations across the We constantly adapt our courses to region grow and retain their talent. meet the needs of modern business, Our foundation is our team of customizing them to our expert professionals who convey client’s requirements and assisting their wealth of knowledge and our clients in reaching their the practical experience they have organizational training and strategic gained within leading organisations objectives. around the world. PwC’s Academy’s global network PwC’s Academy is committed to of professionals sets us apart from supporting the sustainable growth other providers. We communicate of local talent across the region. constantly, exchange best practice, Our expanding Academy currently ideas and experience. We take this operates across the Middle East from knowledge and evolve our courses six countries: UAE, Oman, Egypt, to meet the ever-changing needs of Lebanon, Qatar and Saudi Arabia. modern businesses and their people PwC’s Academies in the Middle in the region; this way we make sure East are part of a growing network that we are providing the very best of Academies present in over 30 training programmes for our clients, countries worldwide. We offer a our students and their sponsors. variety of training courses covering 4 PwC’s Mini MBA Programme
About PwC’s Mini MBA Programme What is PwC’s Mini MBA What will I learn? Duration Programme? PwC’s Mini MBA Programme covers PwC’s Mini MBA Programme includes PwC’s Mini MBA Programme allows the topics taught in leading global over 12 full days of training (100 professionals to gain the training MBA programmes with a focus on hours) conducted over a 3 month and business skills offered in a practical examples and case studies. period. This can be flexed according traditional MBA programme in a The programme comprises nine to the operating requirements of our more accessible manner. The specially designed modules carefully corporate clients. programme provides participants chosen to provide a systematic with a clear picture of organisations, framework and clear structure for Certificate their structure and management understanding organisations. We At the end of the programme all methodology. We provide an MBA have developed a unique mapping participants will receive a PwC experience in an intensive 100 hour technique to link the modules and certificate of completion. This is programme. create a successful business strategy. contingent on meeting the minimum attendance requirement of 76 hours Why choose the Mini MBA Our lecturers and the completion of a Harvard Programme? Our faculty are meticulously selected Business School case study. Today’s business organisations to ensure that each module is require professionals with presented by a leader in their When and where can I specialised skills who can respective field. In choosing our participate in the Mini MBA lecturers we apply 3 key criteria: simultaneously synergise their skills Programme? with the larger organisational PwC’s Academy is currently offering structure. It is therefore essential for 1. Experience in leadership position the Mini MBA Programme professionals to have the relevant throughout the Middle East. For more knowledge on all facets of the 2. Subject expertise 3. Knowledge of both the global information regarding the modern organisation. From project programme and how to register management to finance functions, and local business environment please contact: corporate strategy to human capital, PwC’s Mini MBA programme will PwC’s extensive professional network provides us unique access to the Iv Borromeo not only provide an understanding E: iv.borromeo@ae.pwc.com of each but will also provide clarity highest quality lecturers in each location in which the programme is T: +971 (0)4 515 7190 on the interdependence between them. offered. The unrivalled success of our Mini MBA is due to their expert knowledge, their wealth of Who is it for? experience and outstanding The Mini MBA Programme is communication skills. intended for those who wish to gain the business skills provided by a The PwC Advantage traditional MBA programme without incurring the time and costs As a global leader in a full range of necessary to undertake a full MBA professional services PwC employees programme. It is ideally suited for have an in depth understanding of current or aspiring managers along the complexities of modern all lines of business, small and organisations. PwC’s Academy has medium sized enterprise owners, incorporated the insights gained from and seasoned or budding working with firms from all over the entrepreneurs. globe into our unique Mini MBA Programme. PwC’s Mini MBA Programme 5
Mini MBA Structure PwC’s Mini MBA programme comprises of 9 specially designed modules carefully chosen to provide a systematic framework and clear structure for understanding organisations. We have developed a unique mapping technique to link the modules and create a successful business strategy. Business breakdown and Map Corporate and business strategy 12 Hours of training 12 Hours of training • Vision and mission statement • Critical success factors • Stakeholder analysis • External and internal analysis • Corporate governance • Strategies for innovation • Business mapping (introduction) • Forecasting People management Management skills 12 Hours of training 12 Hours of training • HR as a strategic partner • Personal effectiveness • The HR cycle • Communication for managers • Motivation • Teamwork • Internal culture • Negotiation skills Marketing Leadership 12 Hours of training 12 Hours of training • Marketing overview • Leadership VS management • The marketing mix • Emotional Intelligence • Branding • Leadership styles • CRM • Action based leadership Accounting and financial Project management and business management processes 12 Hours of training 12 Hours of training • Purpose of financial strategy • Project management methodologies • Financial statement analysis • The project life cycle • Budgeting • Business operations • Risk management • Quality issues Linking it all together 8 Hours of training • Conclusion to business mapping • Introduction to the case study 6 PwC’s Mini MBA Programme
Module descriptions PwC’s Mini MBA Programme 7
Module descriptions Business breakdown and map & corporate and business strategy These introductory modules present an understanding of how businesses can be mapped through an outline of the main areas within all organisations. The business map is then used to introduce and (later) analyse in depth competitive and strategic analysis through our 3 step process of Analysis (Position), Choice (Options for Growth) and Implementation. The modules outline the three levels of strategy; corporate, business and functional along with the objectives of each. The modules then delve into strategic positioning and whether an organisation’s position is appropriate given their competitive environment. Strategies for growth and innovation in different environments are developed. One of the most important topics is the analysis of the critical success factors and key performance indicators that are used to gauge success. On completion of these two modules, participants will: • Understand the drivers and consequences of an ever changing business environment • Understand generic competitive strategies • Understand how to map an organisation and its benefits in analysing an organisation • Understand the role and importance of various groups of stakeholders • Understand the basic models used to conduct external, industry, and internal analysis • Understand CSF’s, KPI’s and the Balanced Scorecard • Be aware of the basic strategic options firms have for growth • Understand the basic principles and motivations of corporate governance • Understand the nature of business ethics and how they can institutionalised 8 PwC’s Mini MBA Programme
People management In this module we explore the modern organisation’s most important resource; its people. It introduces Human Resource Management (HRM), examining key policies and systems such as recruitment, appraisal, compensation, and benefits that are used to manage people. There is also discussion of contemporary issues and issues specific to the region. The module focuses on addressing the vital link between business strategy and HRM along with the impact of HRM on organizational culture and business performance. Using theories, research evidence, and practical tools, participants will understand and learn to evaluate HRM policies and their effect on the whole organisation. On completion of this module participants will: • Understand the concept of human capital and its importance in delivering on firm strategy • Understand the process for creating and implementing an HR strategy and its link with business strategy • Appreciate the key choices and challenges involved in recruitment • Understand performance management and its goals • Know best practices within performance management • Understand the nature and role of rewards within an organisation along with their potential effects on employees • Understand the role of learning and development in developing human capital • Understand how to craft a strategy to retain key talent PwC’s Mini MBA Programme 9
Management skills The aim of this module is to provide the basics of effective management. Motivation and communication are critical topics in this section. Methods for motivation and how to identify motivational drivers at an individual level are investigated. The module analyses different types of communication and their evolutions with technological progress. It also explores how different communication styles can be received (positively and negatively) and how to adapt communication style depending on the audience. The module covers the basics of time and stress management. Tools for planning, both short term and long term, are also examined. Practical examples will be used to guide participants throughout the module On completion of this module participants will: • Understand the role and goals of management • Comprehend the necessity of time management, obstacles to time management and how they can be overcome • Understand how to implement time management techniques to become more effective • Appreciate the nature and importance of work – life balance • Understand stress and its effects on both the individual and the firm via employee engagement • Be able to implement techniques to deal with stress / work overload • Understand the phases that teams go through to become effective and steps needed to move forward • Understand the four key phases of negotiation • Understand how to effectively plan for a negotiation • Have ability to apply basic negotiating concepts (i.e. WATNA, BATNA, WAP, ZOPA) 10 PwC’s Mini MBA Programme
Marketing The focus of this module is presenting participants with a brief overview of marketing theory and tools and applying these to real life examples. It begins with an introduction to the strategic goals of marketing and how they can be achieved through the marketing mix (7 P’s). Marketing tools and concepts such as CRMs, market positioning, and customer segmentation are addressed. The importance of a robust brand strategy is examined and crystallized through analysis of how successful firms generate brand value. It looks at CSR and its role in the marketing strategy. Of course no modern marketing course would be complete without an examination of viral marketing and social media and these topics are also explored in the module. On completion of this module participants will: • Understand what marketing is and its objectives • Understand the factors that affect the marketplace • Understand the value proposition • Appreciate the link between marketing and firm strategy • Understand the factors that underlie consumer behaviour • Understand the consumer purchase decision process and its influences • Understand marketing research • Understand the process of market segmentation, targeting, and positioning • Understand brand value • Understand the components within the marketing mix and their interaction • Understand customer relationship management and its objectives PwC’s Mini MBA Programme 11
Leadership and negotiation This module examines the role of leadership and its impact within the organisation. The distinction between leadership and management is introduced along with the objectives of each. It also explores different types of leaders and leadership styles. From this, participants gain an understanding of what type of leader they are, or in the future can become. As a corollary, participants will also identify what skills they can improve to become a more effective leader. It explores how leaders can play a constructive role in problem solving and what pitfalls to avoid. Apart from leadership, the module also addresses negotiation skills. Practical negotiation skills, both internally and with external clients, are presented. On completion of this module participants will: • Appreciate the differing opinions around leadership and the different aspects that encompass leadership • Understand the differences between the goals of management and leadership. The link between the two should also be understood • Understand emotional intelligence and its importance in developing leadership capabilities • Appreciate the effects of leadership style on employees and firm • Understand the relationship between leadership and power and consequences of mishandling of power • Understand the action based leadership model • Appreciate the MBTI and its purpose • Appreciate the Social Styles assessment and its purpose • Understand the importance of change management within a leadership role and why leaders must master change management 12 PwC’s Mini MBA Programme
Accounting and financial management The goal of this module is to provide participants with a basic understanding of accounting and financial management. Additionally, the module aims to help participants understand the role of these functions within the organisation. It presents an overview of financial statements and key financial statement ratios that are pivotal for decision making. It explores the nature and purpose of Finance Management along with an examination of the link between corporate strategy and financial objectives. It introduces the concepts of working capital management, liquidity, cash flows, and the different sources of capital. The session will also include an overview of budgeting and the basics of risk management. On completion of this module participants will: • Understand what financial strategy is and its various purposes • Grasp financial objectives and their appropriateness • Know the purpose of financial statements and their users • Understand the income statement, balance sheet, and cash flow statement • Appreciate the objectives of financial statement analysis • Be able to calculate basic profitability, operational, and liquidity indicators • Appreciate the importance of cash flows and their impact on liquidity • Know the difference between profit and cash • Understand working capital, budget and its main objectives • Be able to create a basic operating budget • Appreciate the basic financial and investment decisions and the key considerations when conducting analysis • Understand what risk is and the different types of risks • Appreciate the process of risk management PwC’s Mini MBA Programme 13
Project management and business processes This module provides an understanding of the principles and tools used for effectively managing projects and the operations of the organisation. Its aim is to not only demonstrate how an organisation manages its projects and operations but also how these decisions can create or destroy value. Specific attention will be given to the organisation’s value chain and the decisions surrounding it. It presents project management methodologies, the project life cycle and an understanding of the project environment. It will demonstrate how to plan and execute projects addressing key issues such as deadlines, resource management, reporting, monitoring, and quality control to ensure that key deliverables are met. On completion of this module participants will: • Understand what a project is and what it is not • Understand the purpose of project management • Understand project constraints and the link between them • Know the project life cycle • Be familiar with key project documents and their purpose • Understand the business case and its purpose • Be familiar with project stakeholders and their roles • Understand a project charter • Be able to construct a basic Work Breakdown Structure (WBS) • Know the purpose and importance of cost estimating, quality planning, HR planning, and communication planning, and risk management • Know the key steps in building a project team • Understand stakeholder analysis • Be familiar with performance reporting and risk monitoring • Understand key steps involved in project closing 14 PwC’s Mini MBA Programme
Linking it all together We strongly believe one of the key strengths of PwC’s Mini MBA Programme is the focus on the link between our modules to show the interdependence between all areas of the organisation. This module concentrates on the interdependence between the sessions presented in the programme. It will revisit the business map presented in Module 1 so participants can apply their new understanding of the firm to the pivotal skill of business mapping. The balanced scorecard will be presented to demonstrate how to evaluate the overall performance of an organisation. A final section on entrepreneurship will also be presented. This will be followed by a Harvard Business School case study that will incorporate the learning points from the programme. A personalised assessment of the case study will be provided to each participant together with guidance on suggested future development goals. On completion of this module participants will: • Understand the key frameworks and models that underlie the programme • Be able to apply the MAP to show the interdependence between the modules and to analyzing an organization PwC’s Mini MBA Programme 15
What our students say I don’t could think I could have put my finger Participating in PwC›s Academy Mini MBA The content & subjects chosen were very on exactly one thing PwC’s Academy team programme was an enjoyable learning relevant to today’s corporate environment & did that made a difference; however looking journey. Working in a fast-paced industry the content was well articulated by the expert back, I realise not once did they sell the with a constantly changing environment trainers. The delivery was power-packed programme to me, what they did was share it important to stay up-to-date with with practical ideas. The wrap up session what they believed in, they shared their new business intelligence and successful was particularly very effective. The case stories and their dreams. strategies in multiple disciplines. I chose study from Harvard and the simulation were PwC›s Academy because it offered the highly insightful. Thank you for this valuable Throughout the programme I learnt that best experience with a concise organised offering. business is not about any one thing in curriculum and an extraordinary faculty. isolation, it is not just about the numbers, The location of the course and timings Irfan Ahmed Farid the strategies, the leaders, economics, resulted in minimum travel, and hence, also General Manager politics etc., the list is endless. I learnt that contributed to arriving at my decision. The Printpac when you bring that endless list together, Mini MBA Programme is ideal for executives there is a beauty and order in business, and like me, who have no time for irrelevant information overload and welcome this It’s better than I anticipated! I remember crucially at the heart of it all, business is intellectual, stimulating experience. The being told that the Mini MBA programme about people, it is about you and me and most valuable aspect from this programme would not be like a typical lecture at a how we interpret and understand the world was that I have been able to apply the university or school and I can’t stress on around us how we choose to interact, treat, concepts to my work immediately, and see how true that was! Every word that is said respect and value each other. the results first hand.. The classes were is inspiring, mind – opening and makes one stimulating and challenging; included real- think more about a lot of things. I have not become an instant expert in all things business related, instead I have world applications and Harvard business case studies. While I enjoyed the formal Ghada Farah became hopeful in all things business related academic program, the informal atmosphere KG1 Teacher and hopeful in the possibilities for my own and emphasis on character, integrity and First Steps Nursery and Preschool future and what I will do next. I now have the courage to put my hand up and say when teamwork was exceptional. I studied with I do not understand and add my voice to the rising stars in a variety of industries, and debate. To me understanding is key and yes, while we each had our expertise in our businesses affect our lives, however what we own field, our best times were those when must not forget is that our lives also affect we leveraged one another’s experiences. businesses and that we are not just passive Being a part of a great class with a good bystanders, each of us are integral to the mix of experience levels and industry ebb and flow of the business cycle. We have backgrounds made this an enjoyable choices to participate, reciprocate with more learning experience!The linking up at the than just our hard earned cash and that my end session, was a great way to also tie it ideas, your ideas, my opinions and your together and put everything into perspective opinions count. which was important for my next step to be an entrepreneur. Hazel Sage Project Coordinator Astrid De Menezes Mott MacDonald Business Development Schneider Electric Mini MBA has been quite an exciting experience for me and have found it to be very useful and practical - mainly because we have had the experts that are working with companies bringing their practical expertise and their challenges in the classroom. I have realised that the connection with theory and the way of implementing in the workplace up-to-date which is perfect for those young dynamic adults who are keen on completing a course within months rather than dragging it on for years! Asrar Ismail Organisation Development Al Jaber 16 PwC’s Mini MBA Programme
PwC in the Middle East PwC’s Mini MBA Programme 17
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PwC’s Academy Middle East contacts Jouhaina Sarieddine T: +971 4 304 3521 UAE E: jouhaina.sarieddine@ae.pwc.com Iv Borromeo T: +971 4 515 7190 UAE E: iv.borromeo@ae.pwc.com Facebook.com/PWCsAcademyMiddleEast PwC’s Academy Middle East @PwCAcademy www.pwc.com/me © 2014 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. Creative Design Centre CDC 695 (6-2014). 20 PwC’s Mini MBA Programme
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