An executive of a large telecommunications firm callstogether his executive team and board to review several options for launching new businesses and entering new markets. And, a scientist studies new technologies that could alter the course of disease management.
These decisions have important implications that extend well beyond the lives of those directly involved, while influencing the economic growth and vitality of Latin America and its people, as well.
Building Ventures in Latin America is an Executive Education program that provides the frameworks and tools that entrepreneurs need to organize and build a successful new business. Whether launching or nurturing an innovation within an established organization or an independent startup, participants will acquire an entrepreneurial perspective and the know-how to jumpstart their ventures and to grow them into profitable businesses.
Harvard Business School initiated this program in 2005, in partnership with seven Brazilian business schools. As of 2011, Insper take the lead together with three of these business schools to continue this program with the presence of three renowned professors from Harvard Business School.
Dates(*) July 10-15, 2011
Fee R$ 6.075,00 or
R$ 7.200,00 (with accommodation)
Location
Insper,
São Paulo, Brazil
(*) July 10th - Welcome dinner and Introduction; 11th to 15th – activities from 9:00 to 17:00.
Program Objectives
Building Ventures in Latin America is designed to prepare participants to build and grow successful businesses in today’s changing marketplace. The program presents frameworks for defining and executing strategy, developing and leveraging capabilities, and measuring and rewarding performance that take into account the changing needs of highgrowth firms in Latin America.
In promoting an entrepreneurial mindset that will serve their organizations over the
long term, the program helps participants to gain a thorough understanding of what is required of them individually in order to build and launch a venture.
Specifically, participants will strengthen
their capacity to:
- Understand the challenges and risks of building ventures.
- Analyze ideas and determine the size and viability of opportunities in different economic climates.
- Apply business models to create plans and turn ideas into opportunities.
- Make sound go/no-go investment and management decisions.
- Implement the proper systems, structures, processes, practices, and incentives to successfully create and grow a venture.
- Develop the visionary, yet pragmatic leadership skills required to build a business and to inspire confidence at all stages of a venture.
Curriculum
The program is built around comprehensive frameworks that examine the complex process of building a successful new business. Both individual entrepreneurs and corporate entrepreneurs combine for joint sessions and a range of other activities with faculty members and industry experts.
Approximately 25 percent of the cases studied are focused on Latin American companies to foster direct application of the knowledge acquired.
- Identifying and analyzing opportunities
- Turning an opportunity into a focused strategy and well-defined initiatives
- Developing and presenting a business idea, while addressing the challenges that are unique to entrepreneurs in Latin America
- Attracting top talent and other key resources
- Developing products and services, as well as going to market
- Building the capabilities and organization required to exploit an early-stage opportunity
- Evolving the strategy, organization, and leadership model as the business grows
- Building and managing high-performance teams
- Recognizing and managing risk
- Creating and measuring value
Building Ventures in Latin America also provides the valuable opportunity for individuals to discuss their business ideas with a faculty facilitator and a small group of peers. Perhaps most important, the program includes a takeaway CD, featuring all the course materials and a set of practical hands-on tools, to help participants immediately implement what they have learned when they return to their own organizations.
Participant Mix
Building Ventures in Latin America is designed for a diverse group of professionals–from executives in established firms of all sizes to independent entrepreneurs who are currently involved in building and launching a venture. When appropriate, team participation is encouraged to foster an entrepreneurial mindset among executives who are working together to pursue a business venture.
