Focus on: Leadership

We all know it is essential to business success, but what does leadership mean? In this issue, we offer perspectives on leadership from faculty of the Advanced Management Program. We examine leadership challenges from an executive wrestling with bureaucracy and politics in our new "Wharton Career Advisor" column. We also look at insider trading from the faculty of Wharton's NASD Institute and examine whipsaw changes in the media industry from the view of several top leaders. We hope these insights will help you hone your own leadership skills.

We also welcome and invite your feedback. Please let us know which articles you have found helpful and of interest.

Best regards,
Barbara Gydé
Senior Director, Executive Programs
[barbaracg@wharton.upenn.edu]

"He must have forgotten something."

©The New Yorker Collection 2003 Frank Cotham from cartoonbank.com. All Rights Reserved.

Advanced Management Program
No Leader Is an Island

Leadership is one of the most intensely discussed topics in business. It is the aspiration of young managers and the standard by which experienced executives are measured. But what does it mean? And where does it come from? In sessions in the Wharton Advanced Management Program, faculty pointed out that leadership cannot be assessed in a vacuum. It depends upon relationships with followers. [More]

Custom Programs
Keeping on the Right Side of Insider Trading Laws

Insider trading is back in the headlines. What are the challenges with the law, and how can investors stay on the right side of it? The academic co-directors of Wharton's NASD Institute discuss the perils, complexities, and shifting terrain of insider trading. [More]

Wharton Fellows
Changing Channels: Media Transformations

During the recent Wharton Fellows Master Class in Los Angeles, Fellows took a close look at the media industry. In several off-the-record sessions, Fellows met with media executives, including Fox Chairman and CEO Peter Chernin and legendary producer and Mandalay Entertainment founder Peter Guber, whose credits include Midnight Express and Rain Man. Fellows also participated in broader sessions on the media as part of the Milken Institute. At two of these sessions, media leaders, including Chernin, Viacom Chairman and CEO Sumner Redstone, and CBS President and CEO Leslie Moonves, discussed changes that are transforming the industry. [More]

Wharton Career Advisor
Fighting the Pull of Bureaucracy and Politics

A few issues ago, we asked you for your career questions. We received many great questions. In this issue, we offer several experts' responses to a question from a senior executive who is bogged down in bureaucracy and political infighting. [More]

Education à la Carte
Thought Leadership

Wharton brings together one of the broadest groups of leading thinkers and researchers in diverse areas. Our thought leadership can help to keep your thinking and leadership ahead of the curve. Among our upcoming programs:

  • Executive Negotiation Workshop: Bargaining for Advantage®
    One of the premier negotiation programs in the world, this 5-day immersion in real-world negotiations reveals, and builds on, the executive's own negotiation style. Gain frameworks and capabilities for negotiating both inside and outside an organization, using practical, powerful, and transformative techniques. Past participants have reported a 100% business impact for the program from a single negotiation.
    July 25–30, 2004; October 24–29, 2004
    Competencies/Skill Development: Influencing People, Personal Development, Communication

    Download chapters of Academic Director Richard Shell's book Bargaining for Advantage: Negotiation Strategies for Reasonable People.

  • Finance and Accounting for the Non-Financial Manager
    This fundamentals course is designed for senior executives and new managers who want to sharpen their ability to read and rapidly analyze financial statements. Evening "integration sessions" let executives apply learning directly to company balance sheets. Interactive lectures, case studies, and small discussion groups provide instruction on skillfully analyzing business opportunities, assessing financial risks, and persuasively communicating the financial value of ideas to others.
    August 1–6, 2004
    Competencies/Skill Development: Business Acumen, Cost Controls

  • Strategic Thinking and Management for Competitive Advantage
    This program offers methods for thinking through your strategy to build competitive advantage and helps you enhance your ability to assess the strategic impact of the moves of your competitors.
    August 2–6, 2004 (San Francisco)
    Competencies/Skill Development: Market Awareness, Developing Strategy, Communication

  • The Directors' Consortium
    Presented jointly with the University of Chicago Graduate School of Business and Stanford Law School, this program will help you build a best practices framework for thinking about and making informed board decisions.
    August 11–13, 2004
    Competencies/Skill Development: Strategic Thinking, Integrative Thinking, Facilitating Change

  • Pension Strategy: Designing Resilient Retirement Systems
    This executive education program offers research-based insights on structuring pensions for corporate or public sector organizations. Develop resilient pension strategies for both short-term survival and long-term strength, reduce potential risks, and avoid common pitfalls.
    September 15–17, 2004
    Competencies/Skill Development: Analytical Thinking, Setting Priorities

  • Implementing Strategy
    Using real-time case studies, learn how to equip your organization to adapt to change by developing a model of appropriate structures, objectives, controls, integration mechanisms, and incentives for implementing your strategy.
    September 20–24, 2004
    Competencies/Skill Development: Strategic Thinking, Analytical Thinking, Facilitating Change

Any comments or suggestions? Please send us your thoughts at barbaracg@wharton.upenn.edu. We want to make every effort to respect your confidence, so please let us know if you don't want us to share them in future issues of Wharton@Work: E-Buzz.

"Sure, I follow the herd — not out of brainless obedience, mind you, but out of a deep and abiding respect for the concept of community."

©The New Yorker Collection 2003 Alex Gregory from cartoonbank.com. All Rights Reserved.

Bios and more information on Wharton faculty can be found at:
http://www.wharton.upenn.edu/faculty.html

We have a team of course consultants who are available to answer any questions or provide more information about our programs. Please call:
800.255.3932, ext. 4020 (U.S. and Canada)
215.898.1776, ext. 4020 (worldwide)
215.898.2064, attn. 4020 (fax)
execed@wharton.upenn.edu [subject: 4020] (e-mail)
http://execed.wharton.upenn.edu/4020 (Web)

Wharton Executive Education Privacy Policy

This e-mail message originated at the Aresty Institute of Executive Education, a division of the Wharton School, University of Pennsylvania. We collect the e-mail addresses of those who communicate with us via e-mail and information collected from onsite visitors. The information we collect is used by us alone to contact our audience for marketing purposes. E-mail addresses are not shared with outside organizations.

If you do not wish to receive e-mails from us in the future, please let us know by sending an e-mail to us at execed@wharton.upenn.edu, calling us at 215.898.1776, or writing to us at 255 S. 38th Street, Philadelphia, PA 19104.6359, USA, and telling us that you do not wish to receive marketing e-mail from our organization.

Wharton Executive Education is committed to developing and providing executive education that works, and we welcome your suggestions for new programs or any other ideas.

© 2004 The Wharton School, University of Pennsylvania

 

Upcoming/New Programs of Interest:

Pension Strategy
Sept. 15–17, 2004
Philadelphia

Pricing Strategies: Measuring, Capturing, and Retaining Value
Oct. 24–28, 2004
Philadelphia

Marketing Metrics: Linking Marketing to Financial Consequences
Nov. 15–18, 2004
Philadelphia

The Fortune at the Bottom of the Pyramid
The world's most exciting, fastest-growing new market is where you least expect it: at the bottom of the pyramid. In The Fortune at the Bottom of the Pyramid, C.K. Prahalad — co-author of the worldwide bestseller Competing for the Future — presents 11 in-depth case stories from India, Peru, Mexico, Brazil, and Nicaragua showing how the world's billions of poor people represent an enormous opportunity for companies who learn how to serve them.

Look out for more on Wharton School Publishing, including print and audio downloads, and exclusive benefits on books for Wharton@Work: E-Buzz readers.

Wharton Executive Calendar

Of Special Interest  

Related Stories in Knowledge@Wharton

It's Showtime! And Don't Even Think About Censoring This

Marketers Must Seek Their "Fortune at the Bottom of the Pyramid"

Roy Vagelos Talks About Leadership and the Need for New Drug Pricing Policies

Why Smart People Do Unethical Things: What's Behind Another Year of Corporate Scandals

Capturing the Spirit of Opportunity: Leadership Lessons From the Mars Missions

Want More Wharton Knowledge? Learn more about current research at Wharton and gain insights from business leaders by subscribing to Wharton's free Knowledge@Wharton newsletter.