FIVE DAY MBA “This course gave me a new perspective on the way I carry out my job.” Operations Manager, BAC Balticare Gulf LLC, UAE “Waseem structured the course in very clear way & order. …..One of the very good events I attended in the past 3 years.” Strategy Manager, DAL Group, Sudan “A remarkably organized mini MBA. We couldn’t have got a better course leader.” General Manager, Nigeria National Petroleum Company, Nigeria “This 5 Day MBA materialized the most subjects I needed to learn, one of the best courses I attended.” Coordinator Market Research, Kuwait Petroleum Company, Kuwait “Highly informative, brought life with relevant examples.” Senior Training Consultant, IIR Middle East, Dubai “The instructor has a wealth of knowledge and great ability to deliver information. One of the best events I attended.” Senior Executive, International Operations, Novo Nordisk, UAE “Intensive course driven smoothly by a vivid instructor.” Director of Marketing & Finance, Al Rai Food Industries, Saudi Arabia “It is a very good course. It covers most aspects of business success factors.” Head of Finance & Administration, Al Ain Wildlife Park & Resort, UAE “Well-balanced course with focus on most important concepts. Highly recommended.” Partner, Synergy Consulting, Jordan “Overall, a very enlightening and succinctly condensed business course.” Financial Manager, Al Jaber LEGT Engineering & Contracting, UAE ed its u course (CP E) thi s “The course provides a very helpful framework to understand the various different valuation models.” Director de Inversiones Estratégicas, GMAC Hipotecaria, Ciudad de México cr “An eye-opening course.” Superintendent, Utilities, Sabic, Saudi Arabia u Yo Comments from delegates attending courses taught by Waseem Anwer in Mexico: n ear of What delegates said about this course previously taught by Waseem Anwer: ll wi i on pon complet IHA presents a course on FIVE DAY MBA SEPTEMBER 29th - OCTOBER 3rd, 2008 “Excellent course.” Planeación Estratégica, GRUMA, Monterrey, México “Very good course.” Subdirector de Finanzas, Deacero, Monterrey, México “Very good course overall.” Gerente Agroquímicos, Monsanto, Ciudad de México The course includes case studies from Harvard Business School “Excellent course! Waseem really masters the subject and provides practical business applications!” Gerente de planeación y análisis financiero. MABE, Ciudad de México This course will earn you continuing professional education (CPE) credits. 1) Upon completion of this course you will earn 33 CPE credits 2) Prerequisite to attend: None 3) Course level: Basic 4) Instructional method: Group live 5) Advanced preparation: None required Chicago Capital Group, LLC (www.ChicagoCapitalGroup.com) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org Target audience This course has been designed specifically for business owners, executives, senior managers, managers and team leaders who want to improve their management and business performance. It is particularly suitable for: − − − − − Business owners that want to refresh their business concepts Managers who are about to move out of a specialist role into a broader general management role Managers or department heads with cross-functional responsibilities who need to develop a big picture outlook Managers who have been identified as having potential for general management Managers who are looking to develop and broaden their general management skills “This has been an excellent course.” General Manager, Nigeria National Petroleum Company, Nigeria “By far, this was the most useful course I have attended.” General Manager Dubai Airports Company, UAE Complaints should be addressed to informes@ihaco.com.mx “Compact, intense, comprehensive!” General Manager, Mitsui & Co. Ltd., UAE Four Seasons Hotel, Mexico City op le Build a fundamental understanding of how companies create shareholder value Discover how to align organization strategy with the business strategy Discover essentials of operations management Become familiar with basic financial vocabulary and methods Learn how to evaluate investment decisions and formulate and use financial information Discover essentials of operations management Investigate the role of marketing in fulfilling strategic objectives Learn how to make more effective strategic and marketing decisions Discover how to enhance internal governance Derive the strategic drivers of good performance Comprehend the big picture of business management rr pa y y d − − − − − − − − − − − ite Th d ec to ou so o r to yo re u m nly se gis u 1 te st 5 r a hu pe n Registro en línea: www.ihaco.com.mx Attending this innovative course will enable you to: lim La factura se entregará en la clausura del evento o si lo prefiere se enviará por mensajería al domicilio fiscal. *El precio por persona incluye entrada al curso, material del curso, estacionamiento en el hotel, descansos con café y comidas. El curso será impartido en su totalidad en inglés y no contaremos con servicio de traducción simultánea. **Al hacer la transferencia bancaria será requisito su confirmación al correo electrónico inscripciones@ihaco.com.mx y/o vía fax al (55)1166 2670. Las cancelaciones efectuadas hasta el 29 de agosto serán causales de un cargo de penalización del 50%. En caso de cancelar después del 29 de agosto no se hará devolución alguna del pago. Las sustituciones están permitidas hasta el 19 de septiembre de 2008. En este caso se requiere enviar la información al correo electrónico inscripciones@ihaco.com.mx Para consultas o cualquier duda escribir al correo electrónico informes@ihaco.com.mx is Hotel Four Seasons Ciudad de México. Paseo de la Reforma #500, Colonia Juárez, México, D.F. Del 29 de septiembre al 3 de octubre de 2008. Cupo limitado (15 personas) Precio normal $45,000 PESOS + IVA* por persona. Promociones especiales: Al inscribir a dos personas de la misma empresa, la segunda obtendrá un 25% de descuento. Al inscribir a dos personas de la misma empresa pagando el precio sin descuento, obtendrán una tercera inscripción gratuita. El pago deberá realizarse por transferencia bancaria** A la orden de: ONISOM, S. DE R.L. DE C.V. R.F.C.: ONI 040526 JZ2 Sucursal: 0660 Cuenta: 0071732 BANCO NACIONAL DE MEXICO S.A. CLABE: 002 180 0660 0071 7323 Introduction In today’s global business environment, every business executive must possess a fundamental knowledge of how companies are constructed, managed and grown to create shareholder value. Companies that rely on the management of functional silos stand to be at a competitive disadvantage. In this course, we will first lay out what shareholders expect from companies and managers. Having established the primary objective, we’ll then explore how shareholders and managers evaluate investment decisions and how financial information is formulated and used. Companies ultimately grow with smart strategic decisions. How strategies are formulated and executed is, therefore, at the core of successful business management. As companies grow, the decision-making process becomes compartmentalized and its effectiveness is then a direct function of how the organization is structured. A company’s business strategy also needs to be supported by a fit between various activities and processes, and therefore, it is necessary to create an alignment with, and among, the various functions within a company. At every step, we’ll delve into details, but only to the point where we do not lose sight of the big picture, i.e. creation of shareholder value. As much as possible within the constraints of this short duration, the program will include hands-on practice using examples as well as case studies from Harvard Business School. Schedule Registration will start at 8.00 am on the first day. Class will begin at 8.30 am and end at 2.30 pm, with two coffee and snack breaks in between. Lunch will be served at 2.30 pm. Agenda • Shareholder value objective − Centrality of shareholder value in business decision-making − Importance of cash and the timing of the cash flow − Computing time value of money • Development, analysis and integration of financial statements − Differentiating between the cash and accrual methods of accounting − Building and analyzing a profit and loss statement − Categorizing assets, liabilities and capital • Microeconomics for the strategists − Determinants of demand and supply − How markets adjust to changes in demand and supply − Adjusting the framework for non-competitive markets • Strategy − Defining strategy and its role in fulfilling shareholders’ objective − Analyzing industry structure − Corporate, competitive and functional strategies − Introduction to a strategy development framework • Strategy execution, performance measurement and incentive compensation − Gap between strategy formulation and execution − Using Balanced Scorecard as a tool to implement strategy − Understanding and fixing agency problem − Introduction to value-based management − Overview of incentive compensation approaches • Marketing − Role of marketing in fulfilling strategic objectives − Centrality of the customer in developing marketing strategies − Components of marketing analysis − Developing marketing strategy • Organization structure − Business strategy as the driver of organization structure − Introduction to organization design parameters Register on line at: www.ihaco.com.mx Course leader: • Operations management (will be covered subject to time availability) − Improving operational effectiveness − Measures of process performance − Process improvement • How investors value companies and projects − Discounted cash flow and other approaches to analyzing investments − Forecasting performance − Application of time value of money to capital budgeting − Prioritizing and selecting investment projects • Case studies (final selection is subject to change) − Harvard Business School case: “Chemalite, Inc.” A chemical engineer who has set up a company to manufacture and market one of his inventions is trying to prepare his state of the corporation report. This case is designed to serve as a vehicle to introduce students to basic bookkeeping and accounting functions. − Harvard case: “Apple 2002” In 1980, Apple was the leader of the personal computer industry, but by 2002 it had suffered heavy losses at the hands of the Wintel camp. This case examines Apple's strategic moves as the PC industry evolves in the 21st century and poses the question: Can Steve Jobs make Apple "insanely great" again? − Harvard case: “The Fashion Channel: Market Segmentation.” The new Senior Vice President of Marketing for The Fashion Channel (TFC), a cable television network dedicated to round-the-clock, fashion-oriented programming, is preparing to recommend a change in the company's traditional marketing approach by introducing a market segmentation program. This program is, in part, a response to the intensifying competitive environment for TFC, and it needs to strengthen the company's brand and positioning with viewers and advertisers. At the same time, the program must maintain consumer and distributor satisfaction with the network. Several segmentation options are being considered, each with pros and cons. TFC has never done a program like this before, and the Senior Vice President of Marketing is new to the job. In addition to making a recommendation, she must manage the change process to insure that the organization and her leadership team peers are fully aligned. Waseem Anwer is Managing Director of Chicago Capital Group, a New York advisory firm as well as a Managing Director of Gulf Capital, a boutique investment bank. He advises companies on issues in corporate finance, strategy and governance. Waseem regularly teaches at public programs organized by London-based Institute of International Research (IIR) in Dubai, American Management Association (AMA) in New York, and IHA in Mexico City. He is also adjunct faculty member at the City University of New York. Waseem has advised corporate clients on investment transactions, restructurings, capital structure and financial policy, real estate investments, value-based management, organization structure, and executive compensation. He has worked with family-owned and public companies with diverse business cultures in both developed and emerging economies in North and South America, and in the Middle East. He has been a guest speaker at several universities and conferences. Previously, Waseem was a Vice President with Stern Stewart & Co, a global advisory firm specializing in corporate finance advisory, shareholder value management and corporate governance issues. He was also with Hewlett-Packard Company in the United States for five years. Waseem holds an MBA from the University of Chicago. In addition, he earned an MS in computer engineering from Syracuse University and holds a bachelor’s degree in electrical engineering. He lives in New York City. For more information: informes@ihaco.com.mx or call +52 (55) 11662660 Introduction In today’s global business environment, every business executive must possess a fundamental knowledge of how companies are constructed, managed and grown to create shareholder value. Companies that rely on the management of functional silos stand to be at a competitive disadvantage. In this course, we will first lay out what shareholders expect from companies and managers. Having established the primary objective, we’ll then explore how shareholders and managers evaluate investment decisions and how financial information is formulated and used. Companies ultimately grow with smart strategic decisions. How strategies are formulated and executed is, therefore, at the core of successful business management. As companies grow, the decision-making process becomes compartmentalized and its effectiveness is then a direct function of how the organization is structured. A company’s business strategy also needs to be supported by a fit between various activities and processes, and therefore, it is necessary to create an alignment with, and among, the various functions within a company. At every step, we’ll delve into details, but only to the point where we do not lose sight of the big picture, i.e. creation of shareholder value. As much as possible within the constraints of this short duration, the program will include hands-on practice using examples as well as case studies from Harvard Business School. Schedule Registration will start at 8.00 am on the first day. Class will begin at 8.30 am and end at 2.30 pm, with two coffee and snack breaks in between. Lunch will be served at 2.30 pm. Agenda • Shareholder value objective − Centrality of shareholder value in business decision-making − Importance of cash and the timing of the cash flow − Computing time value of money • Development, analysis and integration of financial statements − Differentiating between the cash and accrual methods of accounting − Building and analyzing a profit and loss statement − Categorizing assets, liabilities and capital • Microeconomics for the strategists − Determinants of demand and supply − How markets adjust to changes in demand and supply − Adjusting the framework for non-competitive markets • Strategy − Defining strategy and its role in fulfilling shareholders’ objective − Analyzing industry structure − Corporate, competitive and functional strategies − Introduction to a strategy development framework • Strategy execution, performance measurement and incentive compensation − Gap between strategy formulation and execution − Using Balanced Scorecard as a tool to implement strategy − Understanding and fixing agency problem − Introduction to value-based management − Overview of incentive compensation approaches • Marketing − Role of marketing in fulfilling strategic objectives − Centrality of the customer in developing marketing strategies − Components of marketing analysis − Developing marketing strategy • Organization structure − Business strategy as the driver of organization structure − Introduction to organization design parameters Register on line at: www.ihaco.com.mx Course leader: • Operations management (will be covered subject to time availability) − Improving operational effectiveness − Measures of process performance − Process improvement • How investors value companies and projects − Discounted cash flow and other approaches to analyzing investments − Forecasting performance − Application of time value of money to capital budgeting − Prioritizing and selecting investment projects • Case studies (final selection is subject to change) − Harvard Business School case: “Chemalite, Inc.” A chemical engineer who has set up a company to manufacture and market one of his inventions is trying to prepare his state of the corporation report. This case is designed to serve as a vehicle to introduce students to basic bookkeeping and accounting functions. − Harvard case: “Apple 2002” In 1980, Apple was the leader of the personal computer industry, but by 2002 it had suffered heavy losses at the hands of the Wintel camp. This case examines Apple's strategic moves as the PC industry evolves in the 21st century and poses the question: Can Steve Jobs make Apple "insanely great" again? − Harvard case: “The Fashion Channel: Market Segmentation.” The new Senior Vice President of Marketing for The Fashion Channel (TFC), a cable television network dedicated to round-the-clock, fashion-oriented programming, is preparing to recommend a change in the company's traditional marketing approach by introducing a market segmentation program. This program is, in part, a response to the intensifying competitive environment for TFC, and it needs to strengthen the company's brand and positioning with viewers and advertisers. At the same time, the program must maintain consumer and distributor satisfaction with the network. Several segmentation options are being considered, each with pros and cons. TFC has never done a program like this before, and the Senior Vice President of Marketing is new to the job. In addition to making a recommendation, she must manage the change process to insure that the organization and her leadership team peers are fully aligned. Waseem Anwer is Managing Director of Chicago Capital Group, a New York advisory firm as well as a Managing Director of Gulf Capital, a boutique investment bank. He advises companies on issues in corporate finance, strategy and governance. Waseem regularly teaches at public programs organized by London-based Institute of International Research (IIR) in Dubai, American Management Association (AMA) in New York, and IHA in Mexico City. He is also adjunct faculty member at the City University of New York. Waseem has advised corporate clients on investment transactions, restructurings, capital structure and financial policy, real estate investments, value-based management, organization structure, and executive compensation. He has worked with family-owned and public companies with diverse business cultures in both developed and emerging economies in North and South America, and in the Middle East. He has been a guest speaker at several universities and conferences. Previously, Waseem was a Vice President with Stern Stewart & Co, a global advisory firm specializing in corporate finance advisory, shareholder value management and corporate governance issues. He was also with Hewlett-Packard Company in the United States for five years. Waseem holds an MBA from the University of Chicago. In addition, he earned an MS in computer engineering from Syracuse University and holds a bachelor’s degree in electrical engineering. He lives in New York City. For more information: informes@ihaco.com.mx or call +52 (55) 11662660 “This course gave me a new perspective on the way I carry out my job.” Operations Manager, BAC Balticare Gulf LLC, UAE “Waseem structured the course in very clear way & order. …..One of the very good events I attended in the past 3 years.” Strategy Manager, DAL Group, Sudan “A remarkably organized mini MBA. We couldn’t have got a better course leader.” General Manager, Nigeria National Petroleum Company, Nigeria “This 5 Day MBA materialized the most subjects I needed to learn, one of the best courses I attended.” Coordinator Market Research, Kuwait Petroleum Company, Kuwait “Highly informative, brought life with relevant examples.” Senior Training Consultant, IIR Middle East, Dubai “The instructor has a wealth of knowledge and great ability to deliver information. One of the best events I attended.” Senior Executive, International Operations, Novo Nordisk, UAE “Intensive course driven smoothly by a vivid instructor.” Director of Marketing & Finance, Al Rai Food Industries, Saudi Arabia “It is a very good course. It covers most aspects of business success factors.” Head of Finance & Administration, Al Ain Wildlife Park & Resort, UAE “Well-balanced course with focus on most important concepts. Highly recommended.” Partner, Synergy Consulting, Jordan “Overall, a very enlightening and succinctly condensed business course.” Financial Manager, Al Jaber LEGT Engineering & Contracting, UAE ed its u course (CP E) thi s “The course provides a very helpful framework to understand the various different valuation models.” Director de Inversiones Estratégicas, GMAC Hipotecaria, Ciudad de México cr “An eye-opening course.” Superintendent, Utilities, Sabic, Saudi Arabia u Yo Comments from delegates attending courses taught by Waseem Anwer in Mexico: n ear of What delegates said about this course previously taught by Waseem Anwer: ll wi i on pon complet IHA presents a course on FIVE DAY MBA SEPTEMBER 29th - OCTOBER 3rd, 2008 “Excellent course.” Planeación Estratégica, GRUMA, Monterrey, México “Very good course.” Subdirector de Finanzas, Deacero, Monterrey, México “Very good course overall.” Gerente Agroquímicos, Monsanto, Ciudad de México The course includes case studies from Harvard Business School “Excellent course! Waseem really masters the subject and provides practical business applications!” Gerente de planeación y análisis financiero. MABE, Ciudad de México This course will earn you continuing professional education (CPE) credits. 1) Upon completion of this course you will earn 33 CPE credits 2) Prerequisite to attend: None 3) Course level: Basic 4) Instructional method: Group live 5) Advanced preparation: None required Chicago Capital Group, LLC (www.ChicagoCapitalGroup.com) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org Target audience This course has been designed specifically for business owners, executives, senior managers, managers and team leaders who want to improve their management and business performance. It is particularly suitable for: − − − − − Business owners that want to refresh their business concepts Managers who are about to move out of a specialist role into a broader general management role Managers or department heads with cross-functional responsibilities who need to develop a big picture outlook Managers who have been identified as having potential for general management Managers who are looking to develop and broaden their general management skills “This has been an excellent course.” General Manager, Nigeria National Petroleum Company, Nigeria “By far, this was the most useful course I have attended.” General Manager Dubai Airports Company, UAE Complaints should be addressed to informes@ihaco.com.mx “Compact, intense, comprehensive!” General Manager, Mitsui & Co. Ltd., UAE Four Seasons Hotel, Mexico City op le Build a fundamental understanding of how companies create shareholder value Discover how to align organization strategy with the business strategy Discover essentials of operations management Become familiar with basic financial vocabulary and methods Learn how to evaluate investment decisions and formulate and use financial information Discover essentials of operations management Investigate the role of marketing in fulfilling strategic objectives Learn how to make more effective strategic and marketing decisions Discover how to enhance internal governance Derive the strategic drivers of good performance Comprehend the big picture of business management rr pa y y d − − − − − − − − − − − ite Th d ec to ou so o r to yo re u m nly se gis u 1 te st 5 r a hu pe n Registro en línea: www.ihaco.com.mx Attending this innovative course will enable you to: lim La factura se entregará en la clausura del evento o si lo prefiere se enviará por mensajería al domicilio fiscal. *El precio por persona incluye entrada al curso, material del curso, estacionamiento en el hotel, descansos con café y comidas. El curso será impartido en su totalidad en inglés y no contaremos con servicio de traducción simultánea. **Al hacer la transferencia bancaria será requisito su confirmación al correo electrónico inscripciones@ihaco.com.mx y/o vía fax al (55)1166 2670. Las cancelaciones efectuadas hasta el 29 de agosto serán causales de un cargo de penalización del 50%. En caso de cancelar después del 29 de agosto no se hará devolución alguna del pago. Las sustituciones están permitidas hasta el 19 de septiembre de 2008. En este caso se requiere enviar la información al correo electrónico inscripciones@ihaco.com.mx Para consultas o cualquier duda escribir al correo electrónico informes@ihaco.com.mx is Hotel Four Seasons Ciudad de México. Paseo de la Reforma #500, Colonia Juárez, México, D.F. Del 29 de septiembre al 3 de octubre de 2008. Cupo limitado (15 personas) Precio normal $45,000 PESOS + IVA* por persona. Promociones especiales: Al inscribir a dos personas de la misma empresa, la segunda obtendrá un 25% de descuento. Al inscribir a dos personas de la misma empresa pagando el precio sin descuento, obtendrán una tercera inscripción gratuita. El pago deberá realizarse por transferencia bancaria** A la orden de: ONISOM, S. DE R.L. DE C.V. R.F.C.: ONI 040526 JZ2 Sucursal: 0660 Cuenta: 0071732 BANCO NACIONAL DE MEXICO S.A. CLABE: 002 180 0660 0071 7323