Fulbright-CII Fellowships for Leadership in Management
The U.S. Educational Foundation in India (USEFI) and the Confederation of Indian Industry (CII) announce the 'Fulbright-CII Fellowships for Leadership in Management', for the academic year 2007-2008. Indian business managers, whose employers would be willing to bear 80% (approx. $24,000) of the total cost (approx. $30,000), may compete to attend an especially-designed management program to be conducted for 10 weeks at the Carnegie Mellon University's Tepper School of Business (TSB), Pittsburgh, Pennsylvania, USA, from May 2007 to August 2007. TSB is one of the world's premier centers for teaching and research in business management. TSB faculty members have won wide acclaim, including four Nobel Prizes, for groundbreaking research in organizational theory, artificial intelligence, operations research, corporate finance and economics.
PROGRAM CONTENT
The program consists of the following:
Participation for four consecutive weeks in Carnegie Mellon's Global Leadership Executive Summer Forum (GLESF), which is an outstanding general management executive program at TSB. Intended to building a decade of experience with the Global Management program, GLESF is the flagship by which Carnegie Bosch Institute is known worldwide. In its ongoing new focus and approach, GLESF seeks to present, synthesize, and apply knowledge about the multi-cultural professional environment in an intensive format. World-class faculty from Asia, Europe, and the U.S. address key management issues of strategy and leadership while touching upon topics of broad economic and international scope.
Classes with Carnegie Mellon faculty, site visits to U.S. manufacturing and industrial organizations and opportunities to network with business leaders. Participants will attend Team Building Workshops, sessions on Developing and Communicating a Leadership Point of View, and Work Strategies of Star Performers. They may also audit selected MBA courses in such subjects as Industrial Marketing, Operations Research, Managerial Economics, and Corporate Finance, among others.
Work under the direction of a faculty advisor on an independent project that can be implemented in their home organizations at the end of their stay in the United States. The project gives additional focus to class work and independent study while fostering application of learning when participants arrive back home.
The opportunity to experience American culture by attending social, cultural, and sporting events in the Pittsburgh area, dining in a Pittsburgh home, and experiencing the life of a unique American city. In addition, the experience gives participants membership in the prestigious global Fulbright community, which has spread in 150 countries around the world.
THE GLOBAL LEADERSHIP EXECUTIVE SUMMER FORUM (GLESF)
The anchor of the Fulbright scholars' ten-week experience at Carnegie Mellon is their participation in the Global Leadership Executive Summer Forum (GLESF). GLESF is an intensive, diverse and selective four-week program for upper-level managers that broadens their overall perspectives and strengthens their strategic functional and leadership ties.
GLESF covers a spectrum of topics from achieving customer-driven value to weaving information technology into business processes and managing organizational change. The program is specifically designed to help participants:
Develop strategic thinking, planning and action;
Apply knowledge and skills to cross-functional integration and coordination of products and services in overall support of strategy;
Strengthen analytical and decision-making skills in key functional areas of manufacturing, finance, systems, accounting, operations and organizational behavior;
Understand the border-less global marketplace;
Enhance understanding of the many technological revolutions affecting today's business environment;
Create effective networks;
Create strategies that facilitate consideration of value and service as a process rather than a function;
Explore current thinking and research about how the Internet and electronic commerce continue to change the business landscape;
Develop and deliver a strong message about their organization and its issues to a variety of audiences under many different circumstances.
Foremost, GLESF will put its participants in touch with the latest, research-based thinking relative to these skills and disciplines and measures that research against real-world issues. Courses are taught by distinguished faculty from Carnegie Mellon and other leading U.S. graduate schools of business. The program offers a combination of lecture, experiential learning, informal networking, and the opportunity to attend a series of social, cultural and sporting events within Carnegie Mellon and in the Pittsburgh area.
Selected Topical Areas of GLESF includes:
Financial Markets and Economic Performance in the Global Economy:
What Drives Global Investors and Capital Markets?
Sourcing Corporate Finance in Global Markets
Globalization of Financial Markets and Corporate Governance
Going Forward, Consolidating the Benefits and Remedying the Blemishes
Global Vision and Strategy:
Strategy as changing the rules of the global game
Managing discontinuous change
Rapid business model decay
Sources of market disruption
Competition for the present vs. competition for the future
Long-term competitiveness
Mission statement vs. strategic intent
Core competencies
Prioritizing new business opportunities
Organizational DNA of rule changers
Concept of business model innovation
Why change the rules of the game
Why bottom up process for changing the rules
Logic of Silicon Valley
Logic of biological evolution
Bringing Silicon Valley inside
Ecology for Innovation
Developing a Leadership Point of View:
Participants learn how to develop an individual business-oriented leadership point of view and how to communicate this leadership point of view to their stakeholders.
Leadership and Followership:
The changing economic landscape : Factors that create wealth
The economic impact of intellectual capital
The effect of the intellectual capital economy on the rules and tools for managing a business successfully
The session focuses on key lessons of power and its relationship to the information network within the organization.
Multicultural Management and Communication:
The session provides participants with a frame of reference, a mindset, and practical tools and tips that enable them to manage successfully across borders.
Creating Value in Cultural Diversity:
A four-day workshop on Multi-Cultural Team Effectiveness opens the program. It aims to form international project teams and to develop the means to work effectively in multicultural groupings. This session also prepares participants for the Leadership project.
Doing Business in China and India:
Two partial day sessions introduce participants to the practical aspects of setting up operations in China and India respectively.
Corporate Responsibility in the Global Economy:
A historical perspective of corporate social responsibility (CSR)
Trends in global society
Managing CSR
Motives for CSR
Market Leadership and B2B Marketing:
Marketing from a CEO's point of view
Organizational underpins of marketing
Marketing as multifunctional activity
The challenge and impact of business-to-business marketing
The issue of gaining market leadership
In addition to the classroom experience, GLESF includes:
The Management Game: a computerized business simulation designed to help participants experience linkages between strategy, tactics and performance results. The Management Game participants are grouped in teams and act as top managers of a specific consumer-oriented company throughout the four-week duration of the game.
Media Skills Workshop: custom-designed mock interviews that help participants deal with the news media and other audiences with the ultimate goal of thinking strategically about personal communications.
Executive Coaching: a series of individual coaching sessions with an experienced executive coach, where participants will have the chance to explore issues related to their current business challenges, management decisions, and career opportunities, among other possibilities.
Technology seminars: an opportunity to take inside tours of some of Carnegie Mellon's many research centers to learn about such topics as robotics, computer-aided design, wearable computers, the environmentally sustainable workplace, and others.
Distinguished Speaker Series: Meetings and informal conversations with industry leaders from the Pittsburgh area.
ELIGIBILITY CRITERIA
The applicant should:
Be a representative and responsible Indian citizen who can contribute to a full and fair picture of the culture and civilization of India, and thereby contribute to understanding and friendship between the peoples of the United States of America and India.
Have a graduate degree.
Have at least five years of managerial experience in an industry.
Be preferably not over 40 years of age.
Be in good health.
Give an undertaking to return to India on the completion of the fellowship.
Preferably have not been to the U.S. for study during the past three years.
Produce an undertaking from the employers that they would be willing to bear 80% (approx. $24,000) of the total cost. Applications without this undertaking will not be considered.
Be present in India at the time of submitting the application and for the interview.
FELLOWSHIP BENEFITS
Direct
Economy-excursion-class air travel from home to place of affiliation in the U.S. and back
Tuition fees
Maintenance Allowance in the U.S.
Settling-in allowance
Limited insurance coverage in the U.S.
Indirect
To be a part of the prestigious global Fulbright Program which operates in more than 150 countries and annually awards over 6,000 grants to U.S. and foreign nationals.
For application forms, please contact Mr. R Vaithiyanathan, Deputy Director, Confederation of Indian Industry, 249-F, Udyog Vihar Phase IV, Gurgaon - 122 015, Phone: 0124-4014060 - 67, Fax: 0124- 4014538, e-mail : r.vaidyanathan@ciionline.org. You can also download the application form by clicking the link given below.
Applications, accompanied by photocopies of certificates/mark-sheets, must be submitted to Mr. R Vaithiyanathan, Deputy Director, CII at the above address latest by February 15, 2007.
Click here to download Application Form for 2007-2008 Fulbright-CII Fellowships for Leadership in Management
