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Energy & Transportation

Custom Programs for Your Team

Energy

Energy and transportation firms are immersed in a global shift toward renewable energy, with self-driving cars one outcome of this trend. The challenges of managing uncertainty and investing in renewable energy are amplified in the face of shifting global regulations. Smart growth in this situation demands investment in people and in new technologies.

Customized executive education programs for global energy and transportation companies taps into resources such as Wharton’s Initiative for Global Environmental Leadership (IGEL) and the Risk Management and Decision Processes Center to share the latest thinking and research. Building on the disciplines of economics, finance, insurance, marketing, psychology, and decision sciences, the distinguished faculty at Wharton brings years of knowledge and understanding of the unique challenges of large, complex, multinational energy and transportation firms, and the strategic thinking needed to manage uncertainty. Our collaborative approach will drive results because of our dedication to your individual business objectives and in-depth understanding of the markets you serve.

 

Deliver immediate impact to your organization.

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Strategic Focus

The challenges facing energy and transportation firms are unique — your solutions should be, too. Wharton works with you to customize your executive learning engagement, resulting in senior leadership teams better equipped to respond and react to emerging opportunities.

We can design programs that focus on:

  • Optimizing organizational efficiency
  • Managing uncertainty, assessing risk, and scenario planning
  • Enhancing stakeholder communications
  • Improving your team’s ability to manage across borders
participants

Thought Leadership and Solutions

We have partnered with a range of world-class companies and organizations to create transformative executive education experiences. Resulting programs leverage the vast resources, such as the research centers of the Wharton School and the University of Pennsylvania, to showcase powerful thought leadership, and provide solutions that can be implemented immediately.

Below are examples of custom executive education solutions:

BP

BP’s activities are focused on finding, developing, and producing essential sources of energy, and turning these sources into products that people need. The company provides its customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving, and the petrochemical products used to make everyday items, such as plastic bottles.

As a global group, BP’s interests and activities are held or operated through subsidiaries, branches, joint ventures, or associates established in — and subject to the laws and regulations of — many different jurisdictions. This means that the design of any companywide management program is necessarily complex. Seeking a talent-development partner with experience in creating complex educational solutions, BP called on Wharton Executive Education to design a multimodular custom program for BP’s 200 top financial leaders.

The program was a long-term investment in commercial excellence, with a short-term strategic goal of helping BP’s top financial talent become conversant in leadership and business topics beyond finance. The program included classroom lectures, action learning projects, virtual report-outs, and personal coaching by Wharton faculty; the material centered on customer centricity, influence and persuasion, finance/value creation, and strategic decision making. Participants were grouped into teams, with each team focused on a real-world business challenge or a new energy opportunity. At the end, participants were prepared to foster, incubate, and manage innovative ideas; lead a team through the venture-creation process; and create new, sustainable value for the company.

Penske

Penske Truck Leasing is a global player in commercial truck leasing and logistics. The company operates about 200,000 vehicles from about 1,000 locations in the Americas, Europe, and Asia. The company offers full-service leasing, contract maintenance, and commercial and consumer truck rental. Penske Logistics provides global transportation management, distribution and warehouse management, and integrated fleet logistics.

As a successful organization focused around operational excellence, Penske approached Wharton Executive Education to design a program that would foster innovation among senior leaders and thus drive growth. Wharton created two programs designed to help executives manage change and master an entrepreneurial attitude toward innovation. Senior leaders, including the CEO and president, attended a series of one-day, issue-driven master classes, while VPs and high-potential talents participated in a residential module with an action learning component. Each program focused on the overall goals of accelerating Penske’s organic growth and strengthening strategic thinking.

Content for the program was built around business-driven leadership, meaning that Wharton faculty made “driving growth” the umbrella issue in each program. The design incorporated a strategic component in which teams evaluated growth initiatives and new-business options focusing on two to three years out. Each team learned a set of tools designed to help extend market insight and increase understanding of Penske’s customers and end users. Clear sponsorship of executive development by the CEO and top team ensured the program’s success, as did including senior executives in a leaders-teaching-leaders role.

Wharton Research Centers



Faculty Perspective

You need to build a culture that involves everyone in the effort to assess stakeholder opinion and integrate that knowledge into financial and business planning as well as into every interaction between employees and external stakeholders. Doing so helps to avoid costly delays and disruptions in opening or operating facilities, getting resources, and launching new products or services.”

Witold Henisz, Deloitte & Touche Professor of Management in Honor of Russell E. Palmer, former Managing Partner; Professor of Management, The Wharton School

Witold Henisz

Faculty

  • Witold Henisz, PhD

    Deloitte & Touche Professor of Management in Honor of Russell E. Palmer, former Managing Partner; The Wharton School

    Research Interests: Stakeholder engagement, political and economic reform, project managementSee Faculty Bio

  • John Paul MacDuffie, PhD

    Professor of Management, The Wharton School

    Research Interests: Human resource management systems, managing people over distance, organizational learning and collaborationSee Faculty Bio

  • Harbir Singh, PhD

    Mack Professor of Management; Co-Director, Mack Institute for Innovation Management; Vice Dean for Global Initiatives, The Wharton School

    Research Interests: Corporate governance, corporate restructuring, management buyouts, strategies for corporate acquisitionsSee Faculty Bio

  • Nicolaj Siggelkow, PhD

    David M. Knott Professor; Professor of Management; Co-Director, Mack Institute for Innovation Management, The Wharton School

    Research Interests: Competitive strategy, firms as systems of interconnected choicesSee Faculty Bio


Download our brochure to learn more about a partnership with Wharton.

+1.215.746.8093

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