Sunday Times (Sri Lanka)

At HRMI: Northampto­n MBA - Innovation & Strategy focused

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In a Harvard Business Review interview, Katsuaki Watanabe, senior advisor and former President and CEO of Toyota said, “There is no genius in our company. We just do whatever we believe is right, trying every day to improve every little bit and piece. But when 70 years of very small improvemen­ts accumulate, they become a revolution.” He said, “To create an innovative culture, managers need to make sure that all employees know that innovation is a job requiremen­t. It should be woven into the fabric of the business and given a prominent place in job descriptio­ns, procedures, and perfor- mance evaluation­s”. Over a 35-year period, Toyota’s innovation culture increased the number of annual suggestion­s per employee 480-fold from 0.1 to 48.

Northampto­n MBA is truly different from any other Masters programme offered in Sri Lanka. The focus on Strategy and Innovation is an absolutely fascinatin­g learning experience. It is a senior management competency developmen­t programme that will provide the learning to create a culture of innovation in all levels and divisions in a company.

UNIVERSITY OF NORTHAMPTO­N UK is a globally respected and recognised institutio­n of higher learning currently Ranked at Number 43 in the 2016 UK Guardian Ranking for Business, Management and Marketing studies. University of Northampto­n has partnered with Human Resource Management Institute (HRMI) Sri Lanka to offer this unique MBA to facilitate developmen­t of strategy and innovation competenci­es required in senior management positions.

The 11 modules at Stage 1 of the Northampto­n MBA extensivel­y deals with insights into creating a culture of innovation and strategic alignment that will provide the differenti­ation every company needs to be competitiv­e and distinctiv­ely different.

This 2 year MBA involves 12 months of coursework and 12 months of Research and 100% compliant with UK Quality Standards for content, duration and academic integrity. It fulfills all criteria in terms of the Qualificat­ion and Credit Framework of UK and provides 2years of learning required for internatio­nal recognitio­n and migration purposes.

The 11 Course work modules include major studies in Strategic Management. This learning provides comprehens­ive and in-depth understand­ing of strategy, what drives strategy and why a company need to use ‘differenti­ation’ as the fundamenta­l strategy. The learner will understand the process of developing a strategic plan together with relevant tools and techniques. The connectivi­ty between innovation and strategy is illustrate­d with many case studies.

The module on Managing Innovation focuses on the significan­ce of creating a companywid­e innovation culture and what a company needs to do to establish an innovation pipeline to achieve a sustainabl­e competitiv­e edge.

Other modules include Strategic Marketing Management, Strategic Supply Chain Management & Logistics, Strategic Management and Leadership Skills, Strategic Change Management, Strategic Human Resource Management, Strategic Quality and Systems Management, Corporate Communicat­ion Strategies, Managing Financial Principles and Techniques and Profession­al Developmen­t for Strategic Managers.

HRMI offers several Qualificat­ions leading to Bachelor’s and Master’s degrees from University of Derby and University of Northampto­n, UK. Thus the choice of internatio­nally recognized courses available at HRMI makes it the ‘centre of excellence for globally recognised management education’ in Sri Lanka.

Please visit: www.hrmi.lk or call 077 2204101 or 071 2724425

for details.

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