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ket310
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Leadership Development Programs 26 Mar 2019, 18:16
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BU has a good list of LDPs and I found this while searching in Google. This seems to had been created in 2012, so not sure how accurate this is as of now.

Anyone out there who can share a bit about his/her LDP experience (whatever function focused, marketing, corp finance, GM)?

All of us who are non banking/consulting aspirants would appreciate! I found banking/consulting info easily and many talk about the two, but really hard to find information other than those two industries.

https://questromfeld.bu.edu/wp-content/ ... _feb12.pdf
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Leadership Development Programs 03 May 2020, 11:25
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This is an old thread worth revisiting.

My best friend from undergraduate took an LDP role with a major telecommunications company. He rose very very fast. With 8 (?) years, he was the marketing lead for the whole company’s engagement in the Olympics.
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bigge2win
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Leadership Development Programs Updated on: 12 May 2020, 01:17
Originally posted by bigge2win on 11 May 2020, 23:37.
Last edited by bigge2win on 12 May 2020, 01:17, edited 1 time in total.
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I can speak to the Liberty Mutual LDP, although things might’ve changed since I was there before 2016. Also, I didn’t go through the program, but worked with many of them.

Like most LDPs, you rank functions and then get selected. There are about 3 rotations. The options span across all business units and functions. The best landing spots are in Product Management where you get to manage a P&L for a state, and Product Research where you build the insurance products and strategies that get deployed by each state P&L owner. There are also cool groups for different functional innovation orgs, Marketing Analytics, and the in-house VC and incubator (not sure about whether these are options).

I’ve seen some people move up the ranks either at a decent pace in those functions or in an even faster pace in less “sexy” functions like Claims, Distribution, or Underwriting. I will say though that as good as the program is, success these days depends on the individual and not the fact that you’re in the program. Reason I say that is the incoming cohorts each year got pretty large and the MBA at the time got pretty saturated in middle management, so it was tougher around 2016 for everyone to get great gigs. Haven’t kept up with how they’ve been in the past 4 years. Maybe they reduced the cohort sizes, maybe the roles got better, etc. But those you’d have to research with current employees or former interns.

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bigge2win
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Leadership Development Programs 11 May 2020, 23:53
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Can actually speak to a few other ones on that list:
- 3M: really similar work to consulting where it’s a lot of growth strategy projects. For example, customer segmentation and buyer personas, new product entry, pricing strategy, market share gain, etc. Decent project work, although culture is quite slow since Minneapolis is more of a family Midwestern city and also has a very old company feel. Plus, it’s a manufacturing company for primarily B2Bs. I’d say the work is actually quite similar to what PMMs at Facebook do where it’s a balance of quantitative and qualitative analysis for Product Strategy. But you’re looking at a significantly less exciting industry, which also means not top tier talent nor consistent quality managers.
- Discover: most of the rotations go through Marketing type functions. It could be very analytical around optimizing marketing spend with analytics or very technical with managing the user experience of the digital platform/products.
- Chevron: this program is the cream de la creme of the company. The cohorts are fairly small, but the entire company knows the hires for this LDP are being groomed to be senior leaders and they have huge buy-in from current leaders. So there’s a ton of clout. It’s pretty quantitative since it’s the Oil & Gas industry. There’s 3 rotations and I believe one of them is 6 months international, which is super cool. Not very aware of the inner-company culture and politics here.

There’s probably more I’m informed of from that list, but those ones stuck out to me when I skimmed the list.

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