Developing Managerial Effectiveness
As you grow in management responsibility, you must look beyond the confines of your department to understand your larger leadership role in supporting and contributing to the organization’s goals. This requires both expansive thinking and increased leadership skills to build a collaborative team that is focused on results. This executive program provides the strategic mindset and tools for execution to accomplish just that.
Developing Managerial Effectiveness provides an integrated approach to strategic, financial, and performance management. Participants will hone strategic thinking, decision-making, personal leadership, and influence skills while maximizing the use of performance management systems to increase their contribution to organizational growth.
Who Should Attend
This program is designed for individuals who are directly responsible for the performance of a business unit or department. It is ideal for those with functional and general management leadership who seek to enhance their effectiveness. It will particularly benefit those who've moved from an engineering, scientific, or technical role into general management responsibilities.
Developing Managerial Effectiveness provides practical knowledge and tools for:
- Creating and implementing business unit strategy
- Aligning business unit initiatives with enterprise direction
- Making financially sound business decisions
- Increasing results in strategy execution through the use of major components of strategic alignment
- Creating systems to generate and measure performance
- Developing your personal management/leadership style
- Understanding the Competitive Environment
- Developing Core Capabilities
- Formulating Strategy from the Enterprise to the Operating Departments
- Working Within New Organizational Forms
The Leader's Role
- Management Styles
- Manager's Roles and Responsibilities
- Using Emotional Intelligence to Enhance Leadership and Influence
- Organizational Culture
- Strategy Implementation: Power, Influence, and Negotiation
Financial Planning and Control
- Financial Control Systems
- Analysis of Financial Statements
- Capital Budgeting
Managerial Leadership for Increasing Performance
- Team Building
- Communication and Relationship Management
- Performance Management
- Motivational Techniques
- Encouraging Employee Commitment
- Styles for Handling Conflict
- Creating Solutions to Complex Situations
- Decision-Making Techniques
- Organizational Impacts on Decision Making
Computerized Business Simulation
“Going into this program my expectation was that it would be a review of topics learned during my MBA studies and also various courses taken at other times within our company. It was indeed a review of many of these things, but my expectations were exceeded. They were exceeded because this program is put together very well and in such a manner that they are able to hit on the "right" issues that are relevant to the real world (not just text book "stuff"). They also do a very good job of tying things together throughout the week such that you come away with a lot of tools that can be used back on the job.”
--Bill Wallace, Sales Director, Americas, Hercules Inc.
Value Created for You and Your Company
Application is a key element of program design. Developing Managerial Effectiveness includes a valuable business simulation exercise. In a risk-free environment, participant teams test implications of complex, long-range decisions in running their own company. The simulation drives home key concepts of the program by:
- developing strategic thinking,
- building competitive awareness,
- reinforcing financial fundamentals,
- demonstrating the overall interaction of various parts of a business; and,
- measuring the effectiveness of team-based decisions.
“I have to admit that prior to the attending the course, I was a little apprehensive since I have my MBA and have taken various management courses over the years. However, I did get a lot out of this course, with it serving as a refresher in many areas and more importantly, challenging my old habits and paradigms. I also got a lot out of the individual personality profile and the negotiating skills section. Overall, the course exceeded my expectations and is definitely one of the better ones I've attended.”
--Brian McGrath, Director, Global Procurement, Ashland Inc.
Mr.Charles J. Ninos, President, C. Joseph Ninos and Associates
Dr. Dennis Gioia, Robert & Judith Klein Professor of Management and Chair, Department of Management & Organization, Smeal College of Business, Penn State
Dr. Christopher Muscarella, Professor of Finance, L.W. 'Roy' and Mary Lois Clark Teaching Fellow, Smeal College of Business, Penn State
Dr. Timothy Pollock, Professor of Management and Organization, Smeal College of Business, Penn State
Dr. Edward T. Reutzel, Associate Professor of Supply Chain Management, Smeal College of Business, Penn State
Ms. Maria W. Taylor, Managing Director of Executive Programs, Penn State Executive Programs, Smeal College of Business, Penn State
The program fee of $5,750 includes all instructional materials, private room accommodations, meals, and access to recreational facilities
Aligning Strategy, Leadership, and Culture: Keys to Competitive Advantage is designed for leaders charged with implementing strategy. Participants will assess forces shaping the global business environment, build organizational capability and talent to compete, and instill a culture of customer focus and innovation that drives performance.
provides a complete “toolbox” of accounting and financial knowledge for making decisions that positively affect the performance of the business unit and profitability of the organization. This program covers accounting basics, financial analysis and planning, strategic finance, and corporate valuation.