Automak Key Management completes Program for Leadership Development from Harvard Business School (HBS) …

We are extremely proud to announce that 2 of our Key Management Personnel i.e. Mr. Omar Al Omar, General Manager (GM) – Commercial Sector (Ref. Picture# 1) and Mr. Waleed Khalifa, Deputy General Manager (DGM) – Finance & Admin Sector (Ref. Picture# 2) have successfully completed the Program for Leadership Development Program (Accelerating the Careers of High-Potential Leaders) from the Prestigious & World-Renowned Harvard Business School (HBS) commencing from December 2009–July 2010.

 

 

The Program for Leadership Development is devised for Companies to help invest in their next generation of leaders who are critical to them to sustain the Companies competitive advantage and achieve corporate growth over the long term. The Program equips functional managers with the advanced decision-making and execution skills they need to excel as multifaceted leaders. Participants emerge well equipped to take on greater cross-functional responsibilities—and ultimately drive performance throughout the organization.

The Course of Study included both on and off-campus modules and offered an integrated set of individual and classroom components. The Modules mainly consisted of -

a) Module 1: Foundational Skill Building

b) Module 2: Cross-Functional Business Approach (Comprising of) -
i) Strategy
ii) Marketing
iii) Balanced Scorecard.
iv) Finance and Accounting
v) Operations

c) Module 3: Strategy Formulation and Implementation (Comprising of) -
i) Strategy Project
ii) Business Simulation Exercise
iii) Introduction to Change Management
iv) Customized Leadership Learning Path Assessment

d) Module 4: Actionable Leadership (Comprising of) -
i) Risk Management
ii) Effective Decision Making and Execution
iii) Personal Coaching
iv) Innovation Challenges
v) Change Management
vi) Globalization

Guest Speakers on the Global Financial Crisis also shared insights on the redefined role of the financial sector and on new forms of investment such as sovereign wealth funds.

Recognizing that today's tough economic environment calls for visionary leaders, the Program for Leadership Development presented an integrated view of the fundamentals of management. By gaining a deeper understanding of core business functions, participants acquired a broader leadership vision. At the macroeconomic level, timely topics included the mortgage crisis, the current account deficit, and the links between developed economies and emerging markets. Participants also examined how the global meltdown had impacted their own industries. The result is a personal and professional transformation that not only supports the company's succession planning, but also strengthens its competitive position in challenging times.

The participants had the important opportunity to:

• Acquire an in-depth understanding of core business functions and build foundational skills to integrate these functions across the organization
• Examine new techniques and technologies for driving results throughout the company, even in a downturn
• Formulate a holistic approach to identifying problems, formulating solutions, and adapting to change
• Build strategic skills for effective decision making and implementation
• Expand their capacity to lead cross-functional initiatives and corporate projects amid challenging global markets
• Develop a personal leadership philosophy that reflects greater knowledge, capabilities, and confidence

The applicants were taught by a core faculty of Harvard Business School professors who are skilled educators, groundbreaking researchers, and award-winning authors. HBS faculty leverage their business expertise and field-based research to create new knowledge and enduring concepts that shape the practice of management. The result is a teaching team that exposes participants to multiple perspectives, challenging their thinking on many levels.

The Learning Model used consisted of –
a) Philosophy
b) Case Method
c) Interaction
d) The Learning Compact
e) Technology
f) Health and Fitness

We look forward to Mr. Omar Al-Omar & Mr. Waleed Khalifa utilizing the knowledge and insight gained through being a part of the Program for Leadership Development and thereby using their expertise and skills in helping Automak to grow from being 1 of The Best Leasing Companies in Kuwait to being 'The Best Leasing Company in Kuwait'.