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Re: Top Leadership Development Programs [#permalink]
 01 Jul 2012, 14:11
gmatmba1 wrote: vikram4689 wrote: 2 queries guys:
1. What are the chances of a person from a non-similar background to land into LDP. For e.g. What would be the chances of an Indian IT male to land into LDP of an Healthcare company. (keeping other factors aside e.g selective nature of LDP )
2. What are common traits that companies look for LDP positions. Asking this so that i can focus on these during my MBA If I may add, Vikram inquired about change in the industry. What about change in functions within the industry? (pharmaceutical research >> pharmaceutical finance) what about changing both industry and function? (although, I guess pharmaceutical research cannot really only change industry ..) First, if we're talking health care (and actually probably not only health care), recruiting is primarily domestic unless you're willing to work in your home country. At least this is the case for marketing, I'm less familiar with finance, but assume it's the same. Switching industries and functions is difficult but not impossible. Switching industries and switching functions are both do-able, I think switching industries is probably a little easier.
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Re: Top Leadership Development Programs [#permalink]
01 Jul 2012, 14:18
RoyHalladay wrote: highhopes wrote: RoyHalladay wrote: What companies have strong LDPs in the healthcare/biotech area? What are the job opps like after completion? I would say for the most part, health care companies are not general management type rotational programs, they are generally either marketing LDPs OR finance LDPs, at least if you are looking at products (biotech/pharma/devices). Services/delivery and insurance are often a bit different. So, many have commercial/marketing LDPs. These would work very similarly to what a CPG company would. You might rotate through different brands or different stages of marketing (market research, early stage, late stage) and then you just pick or interview for a spot on a team at the end. I don't think it's necessarily a huge jump once you finish your LDP. Marketing programs tend to have a very set promotional structure...do this for two years, then do this for four years, etc. Pharma/biotech companies almost always include a sales rotation, and this might be one of only two rotations. Pretty much all of the major companies have these. Amgen, Genentech, Merck, J&J, Medtronic, BMS, Lilly. Probably many more that I'm not thinking of off the top of my head. I think Cigna and Aetna both have LDP programs that do rotate through different functions. I don't know how they exit out though. Hospital/provider/delivery is just a whole different beast I think. There are a couple that were mentioned earlier that have specific MBA recruiting, but others you have to come through residencies (for which the pay really sucks to start out) and some hospitals just aren't structured the same as a corporation. You might have a performance improvement/quality improvement job in which you end up doing a mix of operations and finance, rather than rotating through departments. Great info here, thanks. Since there aren't any general management type LDPs in pharma/healthcare, what would be the best path to take to end up in a leadership position at a Merck, J&J, BMS, etc type company? Management Consulting? I think the track is still the same, it's just that these don't tend to be programs that put you on a fast track, there's a very routine promotional schedule. So it probably just takes a little longer. Also, some companies are "finance driven" v some that are "marketing driven" and sometimes you might even have more impact in a given function. I don't think consulting is the golden ticket that many people think. To come out with really good exit options, you need to be higher than where most people exit. In a lot of your cases the extra two years that your classmates got working at the company is going to be more valuable than someone that's come in from consulting.
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Re: Top Leadership Development Programs [#permalink]
01 Jul 2012, 17:15
highhopes wrote: First, if we're talking health care (and actually probably not only health care), recruiting is primarily domestic unless you're willing to work in your home country. At least this is the case for marketing, I'm less familiar with finance, but assume it's the same.
Switching industries and functions is difficult but not impossible. Switching industries and switching functions are both do-able, I think switching industries is probably a little easier. In case of switching industries lets say from Intel engineer->Mckinsey consultant would my chances of landing into job depend on the summer internship and would my summer internship acceptance depends on the grades in mba ? if there are any other points that should be taken care please advice
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Re: Top Leadership Development Programs [#permalink]
01 Jul 2012, 21:19
vikram4689 wrote: highhopes wrote: First, if we're talking health care (and actually probably not only health care), recruiting is primarily domestic unless you're willing to work in your home country. At least this is the case for marketing, I'm less familiar with finance, but assume it's the same.
Switching industries and functions is difficult but not impossible. Switching industries and switching functions are both do-able, I think switching industries is probably a little easier. In case of switching industries lets say from Intel engineer->Mckinsey consultant would my chances of landing into job depend on the summer internship and would my summer internship acceptance depends on the grades in mba ? if there are any other points that should be taken care please advice I guess I don't really understand what you're asking.
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Re: Top Leadership Development Programs [#permalink]
01 Jul 2012, 23:07
highhopes wrote: vikram4689 wrote: In case of switching industries lets say from Intel engineer->Mckinsey consultant would my chances of landing into job depend on the summer internship and would my summer internship acceptance depends on the grades in mba ?
if there are any other points that should be taken care please advice I guess I don't really understand what you're asking. I am an electronics engineer in Intel. i am evaluating my chances of landing into mckinsey after mba. 1) Would my chances of landing into mckinsey depend on the summer internship ?? 2) Also, how would i convince a consulting firm for internship e.g. would my technical background be a hindrance 3) Can i improve my chances of landing into consulting by performing well in MBA exams I hope i clarified, please tell if i am not clear
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Re: Top Leadership Development Programs [#permalink]
02 Jul 2012, 08:36
vikram4689 wrote: highhopes wrote: vikram4689 wrote: In case of switching industries lets say from Intel engineer->Mckinsey consultant would my chances of landing into job depend on the summer internship and would my summer internship acceptance depends on the grades in mba ?
if there are any other points that should be taken care please advice I guess I don't really understand what you're asking. I am an electronics engineer in Intel. i am evaluating my chances of landing into mckinsey after mba. 1) Would my chances of landing into mckinsey depend on the summer internship ?? 2) Also, how would i convince a consulting firm for internship e.g. would my technical background be a hindrance 3) Can i improve my chances of landing into consulting by performing well in MBA exams I hope i clarified, please tell if i am not clear Hello Vikram, I am no expert in this, but I'll share what I've learned from my research. so please feel free to correct me if I am wrong. 1. It wouldn't "depend" on the summer intership, but if you DO get an intership at McKinsey and perform well, you'll have a great chance of landing an offer from M. 2. You can convince the firm by doing well on the case interview. 3. Not really. Again, you will have to ACE the case interview to improve your chances to getting an offer from M. To answer your overarching question: Your engineering background will not break your candidacy at a consulting firm. 
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Re: Top Leadership Development Programs [#permalink]
02 Jul 2012, 08:55
just a thought, can i get into mckinsey WITHOUT MBA, i mean if i get a stellar gmat 760+ can i get into mckinsey right away. mckinsey consults semiconductor companies as well. would my experience in semiconductors + high gmat(showing good analytical abilities) be able to get me into mckinsey
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Re: Top Leadership Development Programs [#permalink]
02 Jul 2012, 09:43
vikram4689 wrote: just a thought, can i get into mckinsey WITHOUT MBA, i mean if i get a stellar gmat 760+ can i get into mckinsey right away. mckinsey consults semiconductor companies as well. would my experience in semiconductors + high gmat(showing good analytical abilities) be able to get me into mckinsey I am not sure of your background/experience. But let me try to answer your q. Yes you can get into McKinsey without MBA as an experienced hire. But your resume and experience have to be stellar to get an interview. Can someone chime in with more insight on the matter?
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Re: Top Leadership Development Programs [#permalink]
05 Jul 2012, 13:54
Wow did not know this thread was still going. Great stuff everyone.
To refocus back to the topic of MBA rotational programs:
What's the career path for rotational programs? What happens 10-15 years after you finish a program? From my understanding, you do a two year program and then coming out of it get put in a managerial type role. What do most people do after this? Just keep climbing this corporate ladder? I know the answer probably depends on the company & function, but a general understanding would be nice. Can't seem to find too much online.
One other question: These rotational programs often times have the word "leadership" in them - thus implying a degree of managerial responsibility. Is this a farce? During these rotational programs are you really leading people? Or just being your own "personal leader"?
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Re: Top Leadership Development Programs [#permalink]
13 Oct 2012, 11:06
Good thread. I think some of the best LDP programs for manufacturing: Amazon (pathways), Eaton, Whirlpool, BASF, DowChemical Oil: Exxon, Chevron, BP Finance: Seems like every company has a good one.
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Re: Top Leadership Development Programs [#permalink]
17 Oct 2012, 00:13
Since we're discussing intell, anyone know about other LDP programs in the Bay Area? I'm thinking adobe, apple, google, maybe tesla, etc.
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Re: Top Leadership Development Programs [#permalink]
24 Oct 2012, 09:36
Great thread. One company that I have heard about in the Bay Area is Intuit. They have a cross functional LDP; it should be worthwhile to take a look.
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Re: Top Leadership Development Programs [#permalink]
28 Oct 2012, 18:18
highhopes wrote: RoyHalladay wrote: What companies have strong LDPs in the healthcare/biotech area? What are the job opps like after completion? I would say for the most part, health care companies are not general management type rotational programs, they are generally either marketing LDPs OR finance LDPs, at least if you are looking at products (biotech/pharma/devices). Services/delivery and insurance are often a bit different. So, many have commercial/marketing LDPs. These would work very similarly to what a CPG company would. You might rotate through different brands or different stages of marketing (market research, early stage, late stage) and then you just pick or interview for a spot on a team at the end. I don't think it's necessarily a huge jump once you finish your LDP. Marketing programs tend to have a very set promotional structure...do this for two years, then do this for four years, etc. Pharma/biotech companies almost always include a sales rotation, and this might be one of only two rotations. Pretty much all of the major companies have these. Amgen, Genentech, Merck, J&J, Medtronic, BMS, Lilly. Probably many more that I'm not thinking of off the top of my head. I think Cigna and Aetna both have LDP programs that do rotate through different functions. I don't know how they exit out though. Hospital/provider/delivery is just a whole different beast I think. There are a couple that were mentioned earlier that have specific MBA recruiting, but others you have to come through residencies (for which the pay really sucks to start out) and some hospitals just aren't structured the same as a corporation. You might have a performance improvement/quality improvement job in which you end up doing a mix of operations and finance, rather than rotating through departments. As mentioned above, I've noticed that many Pharma companies appear to offer either Marketing or Finance LDPs/rotations. If anyone out there would care to surmise, do you believe that joining one of the Finance rotations would be the beginning of the track to CFO? Many thanks!
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Re: Top Leadership Development Programs [#permalink]
19 Jan 2013, 06:11
All the programs are top leadership development programs if the effort applied to them is sincere. Growth graph may be steady or rapid depending upon the situation and the resources available but sure results of getting success is always there whatever being the stream to to which the person is related.
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Re: Top Leadership Development Programs
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