The goals of FEM
During three intense, transformative modules the participants will broaden their core business knowledge in areas such as strategy, marketing, finance and leadership as they benefit from the expertise of participants from a wide variety of industries, functional areas, cultures and geographical regions.
Upon completion of the program they will have enhanced their ability to head up a team in a multinational context and reinforced their cross-cultural communication skill base. FEM projects will create opportunities to make a real contribution to the strategic and organizational growth of your company.
The FEM program will enhance learning within the following key areas:
- Business Models and Business Development
- Business Strategy and Competitive Strategy
- Change Management
- CSR and Sustainable Business
- Operations Management and Business Control
- Financial Analysis and Strategy
- Industrial Marketing and Value Creation
- Leadership and Communication Skills
- Personal Development
Steps for you to take to secure the investment in your participant
The first step takes place before the program begins. Sit down with your nominee to discuss what’s about to happen. Be crystal clear about your objective in having her/him attend this particular program. Explain your expectations carefully and make clear why this is important for your organization’s operations. Listen to your nominee’s expectations too, and talk about what will and what might happen after the program. Experience shows that inaccurate expectations about career development lead to frustration and, in the worst case, lead to your losing a capable employee to another employer.Also discuss your plans for handling the nominee’s absence during the program and what support you, as manager, can provide.
Sometimes a solution is as simple as planning explicitly how and when the two of you will communicate during the program. While your team member is participating in the FEM program, SSE Executive Education will do all it can to create value. Therefore it is important that participants attend actively – not simply attend physically. Active attendance requires that people shut out, for a time, all the background noise that might follow them from work at their home organizations. This is, of course, easier said than done, and it requires active planning by your nominee and by you.
The second step to safeguarding your investment takes place during the program. It begins simply by asking your nominee how things are going when she/he returns from a session at SSE Executive Education. A short question asked promptly will go a long way toward reminding your team member that she/he and her/his development are important. If you have time, talk about what she/he brought back to work so far –new knowledge, new experiences, new perspectives. If you, as manager, show an interest, your investment will be more likely to pay dividends. As a bonus, you’ll learn a few new things yourself; that we can guarantee.
After the program with another conversation, you take the third step. There you can compare the expectations you discussed before the program began, and you can connect the learning outcomes – new knowledge, new skills – with the work you do for the firm. Perhaps it’s time for the nominee to take on some new assignment in her or his current position or to take part in a new project. Again experience has shown that employees who feel they can quickly apply what they’ve learned can really make a major difference. This quick application also helps your nominee keep from losing the motivation built up during the program. This is where you can work actively with your investment to generate a positive, long-term return.
Program design and content
The main feature of the FEM program is its emphasis on creating value:
A substantial part of the program is devoted to financial analysis and strategy, It will help them understand how business models, strategies and operational efficiency are reflected in the financial statements.
In a competitive landscape a business has continuously to rethink its business models and strategies, and be prepared to change. These topics are afforded special program attention. We also focus on ways to broaden insights on how to implement innovation and change in organizations.
We focus on how a company’s financial position enables or restricts, allows or limits its future development. This component is designed to achieve both intellectual and intuitive understanding of these interdependencies.
Live Learning Projects
As a backbone of the program we work with key business challenges which each participant has identified and brought to the program. The challenges are addressed and processed throughout the program in coaching sessions and facilitated by SSE Executive Education faculty. These projects are furthered in workshops with invited guests, where the development of communication skills is an additional learning take-away.