Energy and Climate Executive Program – Better business results in a rapidly changing world

Program purpose

Companies in the energy and climate industries face unique challenges. Political uncertainty,macroeconomic market trends & relationships, new technologies and efficiency improvements interact in a complex system. This system is particularly unpredictable and volatile in the energy and climate industry so it is crucial that executives are able to manage risk effectively, leverage and develop the talents of their people, and create an innovative culture that can adapt quickly to changes in the environment.

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Program objectives

After attending this program executives from energy and climate industries should be able to

  • Allocate money and capital more effectively
  • Anticipate and manage risk related to
    • Organization
    • Different countries/regions
    • Different technologies
  • Manage a technology portfolio by
    • Diversifying risk effectively
    • Anticipating disruptive innovation
  • Manage talent by
    • More effectively spotting intrapreneurs (internal entrepreneurs)
    • Picking the right projects to pursue (and not pursue)
    • Creating a more innovative culture
  • Manage change including
    • Motivating people in the organization
    • Focusing people on a collective ambition
    • Managing multiple locations

After attending this program executives should think differently about

  • Solving complex dynamic problems
  • Being systems thinkers instead of linear thinkers
  • Scenario planning
Who should attend

Experienced executives in energy and climate industry companies who carry significant leadership and strategic roles in their companies either as: Executives, general managers, leaders of functions or business lines, SVPs or VP of business strategy, operations, supply chain management, services, and product development.

  • Minimum 10 years of work experience, across several different functional and business lines
  • Significant international exposure
  • Confident fluency in spoken English
Description of working sessions

Over the course of 2 one-week modules the program  will accomplish these goals through a combination of academic sessions, small group discussions and individual exercises. The content falls into 4 themes or streams:

Module 1

Module 2

To further bring the application and external perspectives to content there will be speakers from the energy industry, visits to various companies and organizations that are part of the MIT innovation ecosystem and energy companies. Through this assortment of activities participants will be exposed not only to world class research but also gain insight into how to apply this knowledge.

The Lecturers

The program is the result of a cooperation between The Energy and Climate Academy and MIT Sloan Executive Education. All lecturers are affiliated with the MIT School of Management, including the following:

Henry Weil

Senior Lecturer, Technological Innovation, Entrepreneurship, and Strategic Management

Henry Weil is a Senior Lecturer of Technological Innovation, Entrepreneurship, and Strategic Management at the MIT Sloan School of Management.

Weil served as president and chief executive officer of Cambridge-based management consulting firm Pugh-Roberts Associates before bringing his considerable knowledge of corporate strategy in technology industries to MIT Sloan. He is particularly expert in telecommunications, financial services, transportation, energy, and the media. His research delves into the effects of management policies, technological developments, industry structure, and regulation on corporate competitiveness and market behavior. Weil is currently looking at the commoditization of air transportation, telecommunications services, and refined petroleum products. He uses computer simulation modeling to analyze the dynamics of market development, competition, and long-term profitability.

Weil holds an SB and an SM in management from MIT.

Henry Weil is a Senior Lecturer of Technological Innovation, Entrepreneurship, and Strategic Management at the MIT Sloan School of Management.

Weil served as president and chief executive officer of Cambridge-based management consulting firm Pugh-Roberts Associates before bringing his considerable knowledge of corporate strategy in technology industries to MIT Sloan. He is particularly expert in telecommunications, financial services, transportation, energy, and the media …

Pierre Azoulay

Associate Professor at MIT’s Sloan School of Management, a Research Associate at the National Bureau of Economic Research, and the founder of the Gifts of Athena collective blog.

My general research interests lie at the intersection of several subfields of economics: technical change, labor, health, and organizational economics. Most of my work deals with the organization of the “ideas sector” of the economy, and the consequences of different institutional arrangements for innovation, and ultimately economic growth.

A research summary published in the NBER Reporter provides a good introduction to my research activities, many of which are performed with Joshua Graff Zivin of UCSD.

Follow @pierre_azoulay

Roberto Rigobon is the Society of Sloan Fellows Professor of Applied Economics at the Sloan School of Management, MIT, a research associate of the National Bureau of Economic Research, a member of the Census Bureau’s Scientific Advisory Committee, and a visiting professor at IESA.

Roberto is a Venezuelan economist whose areas of research are international economics, monetary economics, and development economics. Roberto focuses on the causes of balance-of-payments crises, financial crises, and the propagation of them across countries – the phenomenon that has been identified in the literature as contagion. Currently he studies properties of international pricing practices, try to produce alternative measures of inflation, and is one of the two founding members of the Billion Prices Project, and a co-founder of PriceStats.

Roberto joined the business school in 1997 and has won three times the “Teacher of the year” award and three times the “Excellence in Teaching” award at MIT. He got his Ph.D. in economics from MIT in 1997, an MBA from IESA (Venezuela) in 1991 and his BS in Electrical Engineer from Universidad Simon Bolivar (Venezuela) in 1984. He is married with three kids.

 

Roberto Fernandez

Roberto M. Fernandez is the William F. Pounds Professor in Management and a Professor of Organization Studies at the MIT Sloan School of Management.

Fernandez currently serves as the co-director of the Economic Sociology PhD Program and served as the head of the Behavioral and Policy Sciences area from 2008-2010. His research focuses on the areas of organizations, social networks, and race and gender stratification. Fernandez has extensive experience doing field research in organizations, including an exhaustive five-year case study of a plant retooling and relocation. His current research focuses on the organizational processes surrounding the hiring of new talent using data collected in 14 organizations. He is the author of more than 50 articles and research papers published in top academic journals in his field.

Fernandez holds a BA in sociology from Harvard University and an MA and a PhD in sociology from the University of Chicago.

Steven D. Eppinger

General Motors LGO Professor of Management, Professor of Management Science and Innovation, Professor of Engineering Systems, Co-Director, SDM Program,

Steven D. Eppinger is Professor of Management Science at the MIT Sloan School of Management.  He also holds the General Motors Leaders for Global Operations Chair and has a joint appointment in MIT’s Engineering Systems Division.  He is currently the faculty co-director of the System Design and Management masters program.  Prof. Eppinger served as Deputy Dean of the MIT Sloan School from 2004 to 2009 and as Interim Dean during 2007.  From 2001 to 2003 he served as faculty co-director of the Leaders for Manufacturing and the System Design and Management programs. From 1999 to 2001 he served as co-director of the Center for Innovation in Product Development.

He has created an interdisciplinary product development course in which graduate students from engineering, management, and industrial design programs collaborate to develop new products. He also teaches MIT’s executive programs in the areas of product development and complex project management.  Prof. Eppinger has co-authored a leading textbook entitled Product Design and Development published by McGraw-Hill.  Currently in its fifth edition, the text is used by hundreds of universities around the world.

Dr. Eppinger’s research is applied to improving complex design processes in order to accelerate industrial practices.  He is a pioneer in development of the widely used Design Structure Matrix (DSM) method for managing complex system projects.  He has authored over seventy articles in refereed academic journals and conferences.  He has co-authored a book based on DSM research entitled Design Structure Matrix Methods and Applications published by MIT Press.

Prof. Eppinger received S.B., S.M., and Sc.D. degrees from MIT’s Department of Mechanical Engineering before joining the MIT faculty in 1988. He has received MIT’s Graduate Student Council Teaching Award, the Sloan School’s Award for Innovation and Excellence in Management Education, and twice has received the ASME Best Paper Award in Design Theory and Methodology.

In addition to several private corporate advisory positions, Dr. Eppinger serves on the Advisory Board of the Design Society, on the Research Advisory Council of the Design Management Institute, and on the Advisory Board of Directors of the Society of Concurrent Product Development.

Please note, that there may occur changes in the program and the chosen lecturers

Prices and information

Tuition:

€ 16,750 (excluding accommodation).

Venue:

The first module takes place at the MIT Campus, Cambridge, Massachusetts, USA and the second in Denmark.

Time:

The first module is scheduled for late October / early November 2015 and the second module for February 2016.

Certificate

An MIT Sloan Executive Certificate is a formal recognition of your professional development and commitment to continuous learning. To qualify for an Executive Certificate, the participants must complete four programs—of which at least three originate from their chosen certificate track—within a 4-year period.

The Energy and Climate Executive Program is recognized as an elective program and can be chosen in any of the four certificate tracks MIT Sloan Executive Education offers.

For further information, go to: http://executive.mit.edu/executivecertificates Kaldes Earn a Certificate

Application

Please send an email to tki@energyandclimateacademy.com stating your Name, Adress, Company, Titel, email and telephone number. We will contact you within a few days.

The Energy and Climate Academy

Founded in 2013 and provides superb and leading edge training for companies in the energy and climate industries as well as cities, regions, and states. We combine theory with practical experience in a high-impact learning environment.

We cooperate with some of the world’s leading universities, private and public companies, and organizations.

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