Kellogg-Recanati International Executive MBA Program 2017 - 2019 As the global economy becomes combined with rich, local expertise. increasingly complex, organizations Come join Kellogg and Coller, where need leaders who can build bridges we educate, equip and inspire the Messages across functions, sectors and countries. next generation of transformational With our premier Executive MBA global leaders. from network, Kellogg uniquely prepares executives with the skills and insights the Deans they need to meet the demands of this rapidly changing environment. Our distinctive partnerships with the world's leading business schools, including Coller, give our students a clear advantage: deep knowledge and Sally Blount ’92 experience in leadership challenges Dean, Kellogg School of and practices from around the world Northwestern University

The Kellogg School of Management at Northwestern University develops brave leaders who inspire and inspire leaders who build strong growth in people, organizations organizations and wisely leverage the and markets. Based just outside of power of markets to create lasting Chicago, the school is a global leader value. Students also have access to in management education, renowned best-in-class career management for its distinctive thought leadership services, award-winning faculty and a and pioneering approach to learning. powerful, responsive alumni network Kellogg offers an innovative portfolio that spans the globe. of programs that educate, equip

| 2 | It is a pleasure for me to join Dean Sally responsibility, and to involve them in Blount in introducing the Kellogg- the community. Recanati International Executive MBA As a vibrant and active member of the Program, a partnership between two Kellogg international network, I am leading business schools, one in the confident that the Kellogg-Recanati USA and the other in . International Executive MBA Program The Recanati Graduate School of will continue to maintain its position as Business Administration at the Coller a world-class program with a particular School of Management is committed attraction emanating from the location to endowing its students and alumni of its home base. with the managerial tools that they We invite you to explore it. will need in their future endeavors, to teach the latest and most innovative managerial theories and techniques, to provide the knowledge they Professor Moshe Zviran will need to serve as leaders in the Dean, Coller School of Management business and public sectors, to instill University them with a sense of ethics and social Coller School of Management, Leon Recanati Graduate School of Business Administration is a leading player in the field of its curriculum to the needs of a global business education, where academia economy in constant change. Coller meets business. The School brings School of Management is the only together professionals and executives AACSB-accredited business school at different stages of their careers to in Israel. Our first and foremost acquire academic insight and business commitment is to the highest standards knowhow from scholars representing of professionalism in research and the diversity of management disciplines, teaching, offering our students the as well as from their peers. The benefits of classic business education School has trained generation after from up-to-date perspectives. generation of Israel's professional and business elite over the years, adapting | 3 | The Kellogg-Recanati International Executive MBA Program

The Kellogg-Recanati International The class schedule allows participants Executive MBA Program is a joint to continue working while studying program of the top-rated Kellogg to master a broad range of functional School of Management and the and managerial skills. In addition, Recanati Graduate School of Business this schedule offers students the Administration at the Coller School of opportunity to apply their newly Management. The two-year general acquired skills immediately in their management program awards respective workplace. a joint MBA (Master of Business Teaching at the program is done Administration) degree from both primarily by selected senior faculty Northwestern University and Tel Aviv members of the Kellogg and Recanati University. schools as well as selected Kellogg The Kellogg-Recanati Program meets Global Network faculty members. They the needs of mid-career executives are distinguished faculty members, preparing for senior management roles well known at home and abroad for in organizations that operate in the their research and practical business international arena, and enhancing experience. The their skills and effectiveness. Program The program's curriculum integrates all managerial functions and disciplines.

The Kellogg Executive MBA Global Network

With seven Executive MBA campuses It offers participants unparalleled around the world — based in Canada, access to a broad range of global Asia, the Middle East, Europe and the learning opportunities and the United States — the Kellogg Executive ability to connect professionally and MBA Global Network is the largest, personally with Kellogg’s powerful most immersive network of its kind. global network of leaders.

Kellogg-WHU Kellogg-Schulich (Vallendar, Germany) (Toronto, Canada) Guanghua-Kellogg Kellogg Beijing, China (Chicago, USA)

Kellogg (, USA) Kellogg-Recanati Kellogg-HKUST (Tel Aviv, Israel) (Hong Kong, China)

| 4 | Program Structure The learning modules are structured in one of two formats:

1. A five-week module in which classes International live-in weeks Live-in weeks have much more to meet on Thursday afternoons and Some of the intensive weeks are offer than a typical study-abroad Friday mornings. Typically, half offered in a live-in format. They include program. As students complete courses of the modules are offered in a residential component that allows in Negotiations, Strategy and Crisis this format, with some courses participants to engage in further Management, they build relationships conducted over two consecutive classroom discussions, expand their with peers from all over the world. weeks. networks of business contacts and With diverse professional backgrounds develop meaningful friendships. The 2.  An intensive module is conducted and national perspectives among second year of studies starts with two over a five or six consecutive full them, students have much to teach live-in weeks offered by the network days within a single week. Typically and learn from one another. Lively partners and conducted at Kellogg. eight of the modules, evenly spread classroom discussions spill out into the through the two years, are offered hallways and continue over dinner. in this format.

Global Electives

The Kellogg Executive MBA Global The first opportunity for such The Kellogg-Recanati program Network offers participants in the a global experience occurs in offers two such weeks where Kellogg-Recanati International the summer, with two weeks at participants in other Kellogg Executive MBA program a broad Kellogg's lakefront campus in programs are invited to study in range of opportunities to interact suburban Chicago. Tel Aviv. with peers from around the world. Not only does a great deal These networking opportunities are Over one-third of the courses of learning take place during further enhanced during the second offered in the Kellogg-Recanati these global experiences, but also year of studies, when each program program are conducted in a global participants have the opportunity in the Kellogg Global Network setting. to greatly expand their own invites participants in the other personal networks. programs to study with its students for one week.

| 5 | Participants

Ilan Lapidot CEO Lapidot Medical KR17

"Joining Kellogg Recanati is one of the smartest decisions I have made. I was able to implement the knowledge I had gained in the program in my company within the first week. The new relationships I formed with people from various backgrounds was something I could never achieve without the program,and I am enjoying it until today. I believe that the Kellogg Recanati program is the most experienced, global and advanced EMBA out of all the available programs in Israel. It was a true connection to the global business environment."

| 6 | Orit Mendelson Shoham Executive MBA Program Director

"Being there and supporting people who have decided to invest in themselves and in their growth is a great privilege. It always amazes me to see how a group of people from all over the world representing so many different backgrounds and cultures becomes a unified group, how they bond, communicate and connect with one another. This unique two- year experience creates something that is very special for everybody involved: the Kellogg-Recanati students who grow and expand their horizons, the teachers and the administrative staff.”

Aluf Benn Editor in Chief Haaretz Daily Newspaper KR11

"As a veteran political journalist, I did not come from the typical MBA background, and many people asked me "what are you doing here." But two years at KR were an eye-opening experience. Through the program I gained exposure to people from different career paths, learning about their experiences and dilemmas. Additionally the classes were an invaluable preparation for future management roles."

| 7 | Type of Business Participants Real Estate Other 1% Tourism / Shipping 5% The program is designed for carefully / Aviation Food / Beverage Information Systems selected promising mid-career 2% 2% / Technology Telecommunications Management executives with substantial experience 3% / High-Tech Manufacturing 45% in management. The typical class has 4% representatives from firms of various Accounting / Law Firms 5% sizes - from leading multinational Management corporations to small businesses – Consulting 4% and from public and non-profit Medical / Life organizations. Science / Biotech 6% This diversity creates a stimulating learning environment. Over the Trade and Services 6% years, the student body has included participants representing a wide Public / NGO / Financial Services / Social Enterprise Insurance variety of nationalities. A typical class 8% 9% profile includes up to 25% non-Israelis, of which Palestinians are the majority. Positions Business Development Other 5% Managers Participants are expected to be 2% Legal Advisors approved or sponsored by their 6% employing organizations. Executive Group Managers Financial Managers & VP's MBA students are able to apply their 7% 29% newfound skills and ideas in their Consultants 1% workplace while studying.

Marketing Managers 13%

General Managers & Owner 21% Project Managers 16%

South Far Eastern Nationalities American 1% South African 6% 2% Jordanian 1% European 2% Palestinian 8%

North American 7%

Israeli 73%

| 8 | Sharing Experiences and Insights While Studying The Kellogg-Recanati program The study group experience is emphasizes teamwork as an essential further enhanced during the part of the Executive MBA experience. global elective weeks, when groups In general, each class is organized in comprise participants from all the Participants groups of four to five students who programs in the global network. meet to discuss current coursework. This is an exceptional opportunity Many class projects and case studies to meet and interact with talented are assigned to study groups and fellow executives from every part of require a significant amount of the globe, and to build strong and teamwork. Study groups are designed dynamic personal networks that will to maximize the diversity of skills last a lifetime. found among teammates and create opportunities for peer learning. Before the second year the groups are being rotated.

| 9 | Networking

Avner Stepak Vice Chairman Meitav Investment House KR09

"Joining the Kellogg-Recanati program was one of the most significant decisions I ever made in my life. I gained professional expertise and practical tools that I utilize in my daily business practice. Through this experience I met wonderful people,with many of whom I remain in constant business and personal relations. During my study sessions abroad I also met exceptional individuals from around the world who received me with great warmth and hospitality. Kellogg-Recanati is a school for life."

| 10 | Ohad Zuckerman CEO UniVerve Ltd. KR01

"Even though I am one of KR01 "dinosaurs", I am still connected with the KR staff at Recanati and involved in new and exciting initiatives. KR is not just an MBA program. It's a community which continues to be part of your professional life many years after graduation. You experience the highest standards of leadership and global business and gain enriching friendships for life. Don't miss it!"

Carmela Avner VP Global Operations & CIO Strauss Water Former Israel Government CIO KR11 "The great studying experience along two extensive and wonderful two years are very much related to the study groups. The mutual commitment between the team members, the fruitful discussions, sharing of information and knowledge, support and mainly friendship ,made the phrase "one for all and all for one" not a clich'e, but a reality that the method and the faculty team created. The most meaningful gift the program gave me, beyond the intriguing study material, was the connections and friendships created and sustained over time."

| 11 | A Lifelong Partnership The Alumni Network with the Kellogg Upon completing the Kellogg- Recanati International Executive Global Network and MBA Program, graduates join a Your Peers network of over 58,000 members of the Kellogg Alumni on six continents, Kellogg-Recanati students begin 23,000 members of the Coller Alumni their second year by attending a two- Association, and 800 members of the week live-in module on Northwestern Kellogg-Recanati Alumni Club. The University's lakefront campus in three organizations provide platforms suburban Chicago. Participants from all other Kellogg Global Network for social and professional interaction, programs – WHU in Germany, Schulich including alumni directories, alumni in Canada, Guanghua in Beijing and e-mail forwarding addresses and an HKUST in Hong Kong, join Kellogg- array of meetings and events. There Recanati students from Tel Aviv, as well is always an opportunity to make as those from the Kellogg Executive friends and build career or business MBA programs in Evanston and Miami opportunities with the help of other to make this module rich in international members of the Kellogg-Recanati experience, insights and understanding. alumni family. At the end of the module, not only has The Kellogg-Recanati Alumni Club of a great deal of learning taken place, but the Middle East is one of 80 Kellogg participants have immensely expanded regional alumni clubs located in cities their global network. Networking and countries around the world. It is This networking opportunity is further one of the youngest Kellogg Alumni enhanced throughout the second year clubs, and it is the only club, around of studies when each program invites the world, to be distinguished over participants in other programs of the three consecutive years, by the Kellogg Global Network to study with Kellogg Alumni Advisory Board their students. The Kellogg-Recanati (KAAB). program offers one such week where colleagues from other Kellogg programs are invited to study in Tel Aviv.

KR12 at the International Study Tour in China | 12 | Building a Better Beyond the Classroom Life-Long Learning Tomorrow The two schools recognize that Education within the Kellogg- the Executive MBA experience Recanati Program doesn’t end upon Kellogg Executive MBA students and transcends the classroom. Luncheon graduation. Alumni are welcome to alumni are valuable assets to their discussions, class breaks, social hours return and participate in modules communities. On the 1st of April 2005, and other activities present informal with the participants of the current the Kellogg-Recanati Alumni Club opportunities for learning about class whenever seats are available launched its Kellogg-Recanati Cares various professions and corporate after meeting current students needs. initiative which includes several projects cultures. Study groups, the speaker Whether wanting to refresh existing for the community and an ongoing series and a host of extra-curricular skills or discover a “new topic”, "Bridge to Business" course at the activities form a portfolio of activities graduates can enjoy the benefits of Bialik-Rogozin school in south Tel Aviv. that balance and support the rigorous an evolving program while expanding academic challenge of the classroom. professional and personal networks.

The EMBA Seal The Kellogg Executive MBA Programs are members of the Executive MBA Council of the AACSB, the association that sets the academic standards for the accreditation of MBA programs.

KR15 and their international colleagues at the Hong Kong global elective, December 2011. | 13 | Curriculum

Prof. Aharon (Roni) Ofer Professor of Finance Coller School of Management "Part of my job as a teacher in the program is to link the wealth of student experience to the financial concepts and knowledge that I bring to class. With their background and positions, participants are able to relate directly to what they have learned, and in many cases, they put it to work immediately. It is this interaction between knowledge and experience that makes teaching executives so rewarding for me. Learning from multinational experience is what differentiates an International EMBA and what makes the Kellogg- Recanati experience particularly exciting.”

| 14 | Elite Elkon Partner Gornitzky & Co., Advocates and Notaries KR08

"Practicing commercial law banking and financing law means walking the borderline between business and law. The knowledge and insight I gained at Kellogg- Recanati make my journey much easier, both as a practicing attorney and as a partner at Gornitzky & Co. My deeper understanding of my clients' goals and needs results in a more business-oriented approach to my practice. My education in management and marketing allows me in make a significant contribution in advancing the business objectives of my law firm."

Liana Gelikas COO and Executive Consultant Peaks Ventures Consulting Ltd. KR09

"The Kellogg-Recanati IEMBA program is an excellent program, combining high academic standards, international exposure, a great atmosphere and a platform for creating relationships, business networking and new friends. The program provides the executive manager with relevant and updated professional information, case studies and, perhaps more importantly, tools to assist the manager in better understanding contracts and the legal aspects of running business, making better financial analyses and decisions, building strategies and marketing acumen".

| 15 | Program Outline Courses are selected from the list of topics detailed below. While core courses are rarely replaced, elective and advanced course offerings change from year to year.

A Typical Sequence and Schedule of Study 2017-2019 Year One Year Two Orientation Meeting Intensive Module 8+9 Workshops: August, Live-in, at Kellogg • Mathematics Negotiation Strategies • Introduction to Statistics Strategic Crisis Management Strategic Marketing Decisions Intensive Module 1: October Advanced Operations Strategic Management Foundations Marketing Management Module 10: September - October The Macroeconomic Environment Module 2: November - December Corporate Finance & Investments (Part II) Analytical Approach to Uncertainty Optional: Global Elective module in Canada, October Micro Economics International Business Module 11: November - December Human Resource Strategies Intensive Module 3: January Optional: Global Elective module in Beijing, November Managers and the Legal Environment Optional: Global Elective module in Hong Kong, December Leadership and Organizations Module 12: January - (International Module) Module 4: January - February Product Management for Technology Companies Managerial Statistics Management in a Data Driven Business Environment International Business - including the Study Tour Module 13: February Module 5: March Strategic Financial Management Operations Management Optional: Global Elective module in Kellogg Evanston, International Business February

Module 6: April - May Intensive Module 14: March - (International Module) Financial Reporting Systems Intellectual Capital Management Managerial Economics Venture Capital Optional: Global Elective module in Miami, April Module 7: May - July Optional: Global Elective module in Germany, May Corporate Finance & Investments (Part I) Marketing Strategy Module 15: June Financial Information for Management Leading the Strategic Change Process Planning & Control

| 16 | Curriculum The curriculum integrates all managerial functions and disciplines with emphasis on the international aspects of business administration. It is organized in two tiers of courses, starting with an MBA core and continuing with advanced and elective courses. Participants are required to complete 28 courses. Some of the elective courses are offered during the global elective weeks on the Kellogg global partners schools. Preparatory Speaker Series Workshops Balancing theory and practice Preparatory workshops are offered in is characteristic of the Kellogg- the areas of mathematics and statistics, Recanati program, which and bring students up to the requisite encourages its International common level of basic knowledge Executive MBA classes to take needed to begin the program. advantage of the schools' Below is an expanded list of courses and close ties with the business topics covered by the Kellogg-Recanati community. Faculty and program, including the global electives. participants invite leaders of industry, government and non- profit organizations, as well as management experts, to speak at extra-curricular activities. Curriculum Strategy Strategic Management Foundations Deal Making in China and Asia offered explores economic principles of by Kellogg-HKUST business strategy and develops an analytic framework for identifying and Family Enterprise: Success and evaluating alternative strategies. Continuity offered by Kellogg Miami

International Business gives an Strategy Beyond Markets offered by insightful and detailed understanding of Kellogg Miami significant business environments today West Meets East: Strategic Implications and tomorrow. The course takes place for Managing in the 21st Century in the region of study (e.g., the Far East, offered by Kellogg-Guanghua East Europe), utilizing local expertise. Strategy & Management It focuses typically on formulating and offered by Kellogg Evanston applying "real-world" strategies in a selected region of the world. Commercial Strategies for Growth offered by strategies are examined from the Kellogg Miami perspective of management decision making, for instance: Negotiation strategies; entry strategies; pricing strategies; and strategies for dealing with governments and state-owned enterprises. In recent years this course has examined specifically China and as two leading emerging markets.

| 17 | Accounting Human Resource Strategies provides Managers and the Legal Environment an understanding of HR issues from studies the legal environment in which Financial Reporting Systems introduces the perspective of top-tier executives international business organizations generally accepted accounting principles and policy-makers rather than from the operate. The orientation of this course and concepts along with the preparation perspective of the HR manager. Day- is practical employing actual cases and analysis of financial statements. to-day human resource quandaries are and discussing real world situations. Financial Information for Management discussed in the context of mainstream Topics include: Legal forms of business Planning and Control covers the use of economic, psychological and sociological organizations; contracts and cross- financial information in management theory, all with an eye towards border contracts; international sale of decision making. Topics include strategic understanding the impact of such goods; writing an international services profitability analysis, managerial decisions on employees, organizational contract; dispute resolution mechanisms; incentives and performance- effectiveness, and the broader market distinguishing between common law, measurement. The use of financial and social context. civil law, and other legal systems around the world; and how to optimize the use information for making decisions with Incentives, Organization and Strategy of inside and outside counsel. regard to intangible assets, such as offered by Kellogg Evanston research and development and brands, World Economy offered by Kellogg Leading High Impact Teams offered by will also be discussed. Evanston Kellogg Evanston Biases and Forecasts Under Deep Innovation Strategy and Management Organizational Behavior Uncertainty offered by Kellogg Miami offered by Kellogg Evanston Leadership and Organizations uses Creating and Managing Strategic Value Investing from an Economic cases and simulations to explore how Alliances offered by Kellogg Miami Perspective offered by Kellogg-HKUST theories of behavior apply to individuals Global Economic Development & the and groups within organizations. Visualization for Persuasion offered by Business Environment in Europe offered Kellogg Evanston Leading the strategic change process by Kellogg-WHU focuses on key tasks in leading the strategic change process in Business Foundation Marketing organizations, creating a shared Disciplines understanding of the present and Marketing Management introduces desired states of the organization, Managerial Economics explores the the market-driven company and creating a shared urgent need for nature and determinants (including customer-focused organization, and change, a change vision, and the market forces) of decisions on profit- presents current theories and practices belief that change is possible and maximizing production and pricing. of marketing management. It examines finally leading the change transition The Macroeconomic Environment the topics of new product development, process. inspects the economic mechanisms marketing resource allocation and competitive strategy. Negotiation Strategies develops and trends as well as cultural, social negotiation and dispute-resolution and political environments that shape Strategic Marketing Decisions uses a skills through simulations set in dyads, economies, with an emphasis on computer simulation to give students groups, and multilateral contexts countries of the Middle East. the experience of running a business, within and between organizations Analytical Approach to Uncertainty making marketing decisions and gaining and across cultures. introduces elementary probability theory support for their recommendations. Students working in teams are given a Strategic Crisis Management provides as a tool for modeling uncertainty in business to run. The challenge is to apply managers with conceptual tools to business, with illustrations from decision marketing concepts to deliver strong successfully master high-pressure, theory and statistics. financial results and create a solid, on- complex crisis scenarios. Topics include Statistical Decision Analysis explores going business over the course of the issue and media management, dealing the use of sample data for purposes of simulation. with activists and interest groups, estimating, predicting, forecasting and and surviving legal, legislative, and decision making. Marketing Strategy focuses on regulatory challenges. developing, refining, and executing the | 18 | organization's story in the marketplace. framework for identifying, quantifying Venture Capital introduces the Venture Key topics include identifying the and managing risks facing an Capital (VC) industry. The players of the appropriate target segment and the organization, and for integrating it into industry and their respective roles will most effective positioning within that corporate strategy to drive competitive be presented and discussed during this segment in a competitively dynamic advantage. course. Participants will experience the context. life cycle of investment decision making Investment Banks, Hedge Funds and and will learn the VC game plan and Product Management for Technology Private Equity offered in Kellogg best practices of the industry. The Companies equips students with the Miami course will allow the participant to be frameworks, tools and direct experience Finance in China offered by a knowledgeable and effective "player" to become effective technology product Kellogg-Gianghua if he or she eventually considers a VC- managers (whether as entrepreneurs or backed financing for their venture, or intrapreneurs). Students will gain hands- Mergers & Acquisition offered by decides to be a part of the industry. on experience via an industry-sponsored Kellogg-Schulich project and targeted cases—including The Analytics Edge offered by Enterprise IT Strategy & Digital several cases developed specifically for Kellogg-WHU Transformation offered by Kellogg- this course Schulich . Luxury Brand Management offered Operations & by Kellogg-WHU Technology Marketing Analytics offered by Kellogg Miami Management

Consumer Led Growth offered by Operations Management examines Kellogg Evanston some of the basic principles of managing the production of goods or services, and studies some useful tools. The Finance course emphasizes tools and principles Corporate Finance & Investments that are equally useful in service and explores the strategic decisions that manufacturing sectors. an organization makes leading to Advanced Operations concernes with capital spending. The risk element the executive- level operations decisions, in financial decision making and the such as the expansion or rationalization financial instruments that have evolved of real assets that dictate the operational to reallocate risk in the economy are footprint, capabilities, and investment discussed. needs for years to come. The course International Economics and Finance provides you with a framework to studies the determination of exchange formulate an operations strategy and rates and interest rates and examines analyze, value, and optimizes the key the nature and management of foreign decisions involved. exchange risks. Intellectual Capital Management focuses Strategic Financial Management on the use of ideas and knowledge as examines important concepts and explicit forms of competitive advantage principles of financial management, in the information economy. The most using both a review of theory and cases. secure form of this intellectual capital is The AACSB Logo The course emphasizes valuation skills one which can be turned into a property Coller School of Management as a means to bring together cost of right - intellectual property. This course is the only school in Israel to be capital, financing, and operating issues surveys the forms of intellectual property accredited by AACSB International faced by the firm. and links the effective procurement and deployment of intellectual property with – the highest level of accreditation Risk Management introduces a holistic successful business strategies. for a business school. | 19 | Faculty

Prof. Brian Uzzi Richard L. Thomas Professor of Leadership and Organizational Change ‏ Co-Director, Northwestern Institute on Complex Systems and Network Science (NICO) ‏ Kellogg School of Management, Northwestern University

"The Kellogg-Recanati program is unique and powerful because it has found the right balance between networks and knowledge. It is relatively small – just 50 students per class – increasing knowledge transfer and specialized attention among the students and faculty alike. Yet, it draws on a very wide diversity of executive backgrounds from the leaders of the largest corporations to exceptionally successful entrepreneurs, politicians to non- profit organizers, and professionals from real estate, tech, two medicine and law. If most executives are six degrees of separation from the riches knowledge and influence contacts, the KR program will put you at two degrees of separation."

| 20 | Prof. Gadi Ariav Associate Professor Management of Tech & Information Head of Max Perlman Center for Global Business and Head of Business Consulting Specialization Coller School of Management Tel Aviv University "The course on the management of international business is smack in the core of the KR international Executive MBA program. While the KR curriculum covers quite a few “MBA languages”, this distinctive experience in the KR program not only introduces the language of international business development, but it also offers the participants an opportunity to actually talk in this language with the management of real globally oriented enterprises in a foreign business territory (India, in recent years). These challenging strategy discussions are unparalleled precious learning opportunities".

Prof. Larry Franklin Adjunct Professor of Finance and Law Kellogg–HKUST Executive MBA program Hong Kong University of Science & Technology

"As a teacher who belongs to the faculty of HKUST, Kellogg’s global EMBA partner, I draw on my extensive research, consulting and teaching experience, and deliver real-world, cutting-edge content to the class. I find the Kellogg-Recanati students to be very bright, highly inquisitive, and as challenging to teach, as the EMBA students I teach in leading universities around the world. The Kellogg-Recanati Executive MBA program has an excellent reputation, and it is well-deserved."

| 21 | Faculty PETER BAMBERGER (Tel Aviv University) Teaching at the Kellogg-Recanati Professor of Organizational Behavior IEMBA Program is done primarily & Human Resource Management. by selected senior members of the Ph.D. from Cornell University. Areas Kellogg Global Network and Coller of Expertise: Employee wellbeing, faculties. The community of teachers help-seeking and substance misuse, is an esteemed group of scholars and Compensation strategy, Incivility, practitioners, which provides a rich Team processes. source of international experience in professional management problems JEANNE BRETT and practices. Faculty members (Northwestern University) combine real-world and academic Director of the Dispute Resolution knowledge of management problems Research Center, DeWitt W. to augment their theoretical training. Buchanan, Jr. Distinguished Professor of Dispute Resolution & ELI AMIR Organizations. Ph.D. from University (Tel Aviv University) of Illinois. Areas of Expertise: Dispute Professor of Accounting. Ph.D. resolution/mediation, negotiations, from University of California at cross-cultural negotiation. Berkeley. Areas of Expertise: The TIMOTHY CALKINS role of accounting information (Northwestern University) in capital markets, Reliability of Clinical Associate Professor of accounting information, Pension Faculty Marketing. Received his MBA from asset allocation, The economic Harvard Business School. Areas of consequences of business Expertise: Advertising, Biomedical corruption and crime. Marketing (Biotechnology), GADI ARIAV Brand Management, Consumer (Tel Aviv University) Products, Marketing Management Associate Professor of Technology Marketing Strategy/Planning/ and Information Systems and Policy, New Product Development. Management. Ph.D. from SUNIL CHOPRA University of Pennsylvania.Areas (Northwestern University) of Expertise: Systems analysis and IBM Professor of Operations design, database management Management and Information systems, data communications, Systems. Ph.D from SUNY Stony decision support systems (DSS). Brook in Operations Research. DAVID AUSTEN-SMITH Areas of Expertise: Cycle Time (Northwestern University) Management, Manufacturing, Peter G. Peterson Professor of Optimization, Reengineering, Corporate Ethics, and Professor of Response Time Management Political Science and Economics. Supply Chain Design and Management. PhD from Cambridge University JAMES CONLEY in Economics. Areas of Expertise: (Northwestern University) Ethics, Political Economy/Design, Clinical Professor of Technology. Voting Systems. Ph.D., Materials Engineering, Northwestern University. Areas of Expertise: Strategic issues in managing Intellectual Property. | 22 | TIMOTHY FEDDERSEN MEIR KARLINSKY ARTUR RAVIV (Northwestern University) (Tel Aviv University) (Northwestern University) Wendell Hobbs Professor of Senior Lecturer of Marketing. Alan E. Peterson Distinguished Managerial Politics. Ph.D. from Ph.D. from University of California Professor of Finance. Ph.D. from University of Rochester. Areas at Berkeley. Areas of Expertise: Northwestern University. Areas of Expertise: Corporate Social Marketing strategy, pricing, of Expertise: Corporate finance, Responsibility, Crisis Management, marketing research. economics of uncertainty, Political Economy/Design, Public informational economics and LAKSHMAN KRISHNAMURTHI Management, Strategy in Non- industrial organization. (Northwestern University) Market Environments, Voting A. Montgomery Ward Distinguished MOHANBIR SAWHNEY Systems. Professor of Marketing; Academic (Northwestern University) LARRY FRANKLIN Director of the Executive Program Clinical Professor of Marketing, (Hong Kong University of on Pricing Strategies & Tactics. Ph.D. Director of the Center for Research Science & Technology) from Stanford University. Areas in Technology & Innovation. Ph.D Adjunct Professor of Finance and of Expertise: Brand Management, from the Wharton School of the Law, Visiting Professor of Finance Business to Business Markets, University of Pennsylvania in & International Management, International Marketing, Marketing Marketing. Areas of Expertise: MIT Sloan School of Management Management, Marketing Research, Entertainment Marketing, High- (Fall, 2002). JD/MBA from Marketing Strategy/Planning/Policy, Tech Marketing, Information Stanford, CPA. Areas of Expertise: New Product Development. Technology, Marketing Finance, investment, venture Management, Media Marketing, KEITH MURNIGHAN capital, business law and applied Technology. (Northwestern University) international strategy. Harold H. Hines Jr. Distinguished IZHAR SHAY BOAZ GALINSON Professor of Risk Management. A Managing General Partner with (Tel Aviv University) Ph.D. Purdue University. Areas of Canaan Partners Israel, a venture MBA in Finance from Tel Aviv Expertise: Leadership, Negotiation, capital firm focused on investments University. Areas of Expertise: Team Building and Decision in early stage technology Financial risk , Making, Particularly Altruism, companies. Izhar targets statistics mathematics, operational Ethics, Fairness, Cooperation, investments in Mobile, Digital research. Power Repentance and Self- Media, Internet, Communications interest. and Software and he is a board JULIE HENNESSY member of some of them. B.Sc. (Northwestern University) AHARON (RONI) OFER In Electronics Engineering from Clinical Professor of Marketing. (Tel Aviv University) the Technion Israel Institute of Areas of Expertise: Brand Professor of Finance. Ph.D. from Technology. Management, Consumer Products, University of Pennsylvania. Areas Marketing Management of Expertise: Corporate Finance, JEROEN SWINKELS Marketing Strategy/Planning/ Capital Structure, Dividends Policy, (Northwestern University) Policy, New Product Development. Portfolio Management, Valuation, Richard M. Paget Professor of Value based Management. Management Policy. PhD from ITAY KAMA Princeton. Areas of Expertise: (Tel Aviv University) Beppino Pasquali Contract Theory, Economic Theory, Senior lecturer in Accounting. (York University) Economics of Organizations, Game Ph.D. from Tel Aviv University in Canadian Chartered Professional Theory, Information Economics. Accounting. Areas of Expertise: Accountant (CPA, CA). Financial statement analysis, role Areas of Expertise: Accounting and of accounting information in taxation for small to medium sized capital markets, equity valuation companies. He advises clients in and financial management. achieving growth and shareholder value.

| 23 | LEIGH THOMPSON BRIAN UZZI (Northwestern University) (Northwestern University) J. Jay Gerber Distinguished Associate Professor of Professor of Dispute Resolution Management and Associate and Management. Ph.D. from Professor of Sociology. Ph.D. Northwestern University. from the State University of New Negotiator Behavior, Emotion York at Stony Brook in Sociology. and Creativity. Areas of Expertise: Areas of Expertise: Behavioral Creativity and Innovation, Cross- Finance, Creativity and Innovation, cultural Negotiations, Group Innovation, Social Media, Social Decision-Making, Group Dynamics, Networks. Innovation, Leading High-Impact Teams, Negotiations, Psychology Teams.

ITHAI STERN (INSEAD) Assistant Professor of Management and Organizations. Ph.D. from the University of Texas at Austin. Areas of Expertise: Strategic Choices, Corporate Governance, Organizational Evolution, Diversification, and Faculty Inter-organizational Alliances in Technology intensive Industries.

| 24 | ADMISSION Admission Process The Admission Process Considerations Requirements All application forms are available Admission to the program is To be considered for the program, on the programs website. competitive. Admission decisions applicants must have: are based on the applicant's entire The application and accompanying • An undergraduate degree with a portfolio, including academic material, as detailed in the Useful minimum grade of 75 (equivalent achievements, nature of professional Information for the applicant insert to a GPA of B), or the equivalent experience and potential, position, to this brochure, should submited for candidates from schools or letters of recommendation, language approximately five months prior to the countries with different grading fluency, and GMAT scores – if beginning of the academic school year. Early application is advisable, since systems. submitted. enrollment is limited and qualified • Substantial managerial and In addition to academic potential, applicants are accepted on a first-come professional experience (seven the admission committee considers first served basis. years or more) and a senior these factors: Upon receipt and basic review of position in the organization. • Does the applicant's organizational these materials, we will contact you • Time sponsorship and/or tuition sponsor consider that he or she has and schedule an hour-long academic sponsorship by the employing outstanding promise and potential interview as well as alumni interviews. firm. within the organization? Self-employed applicants and • At least two letters of • Does the applicant have, or will applicants whose employers cover recommendation. he or she soon have, a position of only part of their tuition can also be admitted. They may, however, be • All applicants must prove their executive responsibility that makes asked to provide additional financial English-language proficiency the program of value in furthering documentation. validated through an Amir or his or her career? TOEFL exams. Minimum score • Does the applicant have both the required in the TOEFL exam is 29 time and the motivation to make Cost of Participation and in the Amir test is 234. Exams a two-year commitment to attend must be taken before October classes and prepare assignments? Tuition covers the cost of courses, 1st, 2017. study facilities, books and supplies The admissions committee seeks to for the entire curriculum. It also Exceptions: ensure diversity of skills and includes Friday parking permits, 1. Students who completed an backgrounds, while forming a class parking vouchers and light lunches American High School or an with participants of comparable levels and refreshments for the duration of English speaking country high of managerial experience. the program, as well as daily lunches school. Admission priorities are given to during the intensive modules, and 2. Holders of a BA degree from a housing and meals during the live- applicants whose sponsors cover their recognized institution, where in weeks abroad. Each participant is entire tuition fee. language of instruction is entitled to join one Global Elective English and it is located in an week abroad. English speaking country. The participants pay airfare and 3. Holders of a BA degree from ground transportation for the live- an Israeli recognized higher in weeks that are conducted abroad education Institution. as well as the cost of obtaining visas. The Admissions Committee considers the merit of each application and takes into account cases of exceptional professional experiences and past academic performance. | 25 | Some of Kellogg-Recanati EMBA Students are Employed with the Following Organizations • 3 Defence • Deepvalue • HP Indigo • 3N Group Ltd. • Group • HP Industrial Large Format (Formely Scitex Vision) • 7-Main Ltd. • Dell Inc. • HP Israel • 888.com • Deloitte • HP Softward R&D (Formely Mercury) • Abbott Laboratories S.A Israel • Deutsche Bank • HSBC Bank Middle East • Adama Agricultural Solutions • Dexia Israel Bank • IAI • Ady Kaplan & Co. Law Office • Diplomat Distributors (1968) • IBM • AIG Golden Insurance Company • DSP Group • ICL • AIT (Advanced inhalation thrapies) Ltd. • ECI Telecom Ltd. • IDB Group • Aladdin Knowledge Systems • EDF-EN Israel • IDE Technologies Ltd. • Alcatal Israel • Edusoft • IDF • Al-Fanar • • Impact First Investments • Alma Lasers • Elco • Industrial Techno-logic Solutions (ITS) • Alraz Ayas Ltd. • El-Mor • Infinidat Ltd. • Ltd. • Elron Telesoft • Israel • Amdocs • Elscint • ironSource • American Laser Ltd. • Elvex • Iscar Cutting Tools • Antebi Properties L.P. • Embassy of Egypt • Israel Aerospace Industries, Malat Division • Apax – Leumi Partners • Embassy of Finland • Israel Air Force • Arcaffé Retail Chains • Embassy of Hong Kong • Israel Defence Forces (IDF) • ASA ADVANCE TECHand Israel WTC.com • Embassy of the Hashemite Kingdom Of Jordan • • Asperii • EMC • Israeli Cattle Breeders Association • Autodesk Israel • Enav Family Office • Israir Airlines • Avaya • Energiya Global • Isrotel Hotel Chain • Avi Cranes • Enigma • Itamar Medical Ltd. • • Enterprise - Project Management Ltd. • Location & Control • Bank of Brokerage • Ernst & Young • J P Morgan • Banque Jacob Safra Switzerland - • Etzmaleh - Furniture for Children • James Richardson Proprietary Limited Israel representative office • EverCloud International • Jerusalem Cigarette Company Group • BASF SE Representation in Almaty, Kazakhstan • Evergreen Partner Management • Jerusalem Global Ventures • BCRE - Brack Capital Real Estate • Excellence Nessuah Financial Products • Jerusalem Pharmaceutical Comapany • • Excim (Focus Textil) - Softronic • Johnson & Johnson Medical Israel • BigWheel • Exent • JP & Partners • Bisan Systems Ltd. • Exia Capital Group • JVP Properties • Bloomberg • Facebook • Kamal & Associates - Attorneys and Counselors- • BMC Software • Fafco Israel at-Law • BrainPOP • Fieldbit • Kardan Trading • BTC Ltd. • Fifth Avenue Synagogue • Keter Plastic Group • Carasso Motors • Fischer Behar Chen Well Orion & Co Law Office • KMN Holdings • Card Guard, Scientific Survival Ltd. • Freightos • Kodak Israel • Carnie Capital • Gadot Chemical Tankers & Terminals • KomTek • Caspi & Co. Advocates & Notaries • GCP Solutions • Koor Industries • Castro • GE Healthcare • Koral-Rom Aviation Ltd. • CCC • GE Medical Systems Israel • KPMG Israel • Israel • Gilat Satelite Networks • Kramer Electronics • Center for Engineering and Planning • Globes • Kulicke & Soffa Ltd. • Cisco Systems Israel • Goldfarb Seligman & Co. Law Offices • Lapidot Medical Import & Marketing Ltd. • Clal Finance Batucha Brokerage Ltd. • Goldman Sachs • Ledico (BOSCH) • Clal Insurance Company • Google • Leo Schachter Diamonds Ltd. • Clal Insurance Enterprises Holdings Ltd. • Gornitzky & Co., Advocates and Notaries • Liliyot Group • ClearCut Aerospace Solutions Ltd. • Granit-Hacarmel Investments • LIMOOD Social Knowledge (SPARKEO) • CloudTech Solutions • Gross, Kleinhendler, Hodak, Halevy, Greenberg & • Logic Industries Ltd. • Colmobil Corp. Co. Law Office • Logic Industries/AGT International • Commtouch Software • Ha’aretz Daily Newspaper • Lumenis • Comverse Ltd. • Hadara Technologies • MAGLAN Information Defense Technologies Ltd. • Consist • HBO • Makhteshim -Agan Industries • CosmoMed Pharmaceutical • Heinz Remedia Industries • Marconi Medical Systems Israel • CY Group • Heriko • Marina Jewellery Ltd. • Daniella Lehavi Ltd. • Hermann Ultrasonics • Marvell Israel Ltd. • Datanet ITC systems • Hever Group International • Massar International -- • DavidShield International • HMS - Halperin Consulting Group Siraj Fund Management Company

| 26 | • Mayman Consulting • PLANSEE SE • Super Derivatives • McCann Erickson Group • Poalim Capital Markets • T.Y. China Israel Enterprise Cooperation • McWilliams -Ballard Inc. • Price Water House Coopers • Taro Pharmaceutical Industries • Medatech Information Tech. • Procter & Gamble • TASC Consulting & Capital • Medingo Ltd. • Proov • TechLoft Ltd. • MEET • Psagot Investment House • Tecnomatix Technologies • Meitar Liquornik Geva & Leshem Brandwein, • PwC Israel • Law Offices • QI Hashkaot Ltd. • Tel Aviv University • Meitav Investment House • Qualcomm Israel • Telrad Networks • Mekdan Management Ltd. • Quintiles Transnational • Tessera Israel • Mellanox • Rachip • Teth Beth –Vita • Merrill Lynch Bank of America • RAD Data Communications • Teva Pharmaceutical Industries • Mial Impex Ltd. • Rada Electronic Industries • Texas Instruments Israel • Micon Ltd. • Radcom • The Arab Chamber of Commerce & Industry Jerusalem • Microsoft Israel • • The Central Bottling Company - Coca Cola Israel • Insurance Company • Railway Systems of • The Consolidate Near East Company of Israel (CNEC) • Mitrelli Group • Rainbow Nursery • The Q Group PLC • Mitsubishi Corporation Israel Liaison • RBT Holdings • The Ted Foundation Representative • Reach for Telecomminications Company • ThingstodoIsrael • More Investment House Ltd. • Reckitt Benckiser (Near east) Ltd. • Third Sector IT • Motorola Israel • REIT 1 • Tnuva Group • Nakheel Palestine Ltd. • Reshef and Shiff Law Firm • Toga Networks • National Beverage Company • Revel Consulting • Trabelsy & Co. • NCR (Retalix) • Rootility Ltd. • Tradonomi Ltd. (eToro) • NDS Technology • Runa Ltd. • TranSwitch • Neurim Pharma • SA International • Trigger-Foresight • Neve Hon Group • Sahem Trading & Investment • Tufin Technologies Group • Nice Systems • SanDisk • TVM Design Services Ltd. • Nielsen BuzzMetrics • Sanofi-Aventis Israel • U.C. Laser • Noble Energy Mediterranean • SAP Labs • UBS • Nokia Siemens Networks • Sarin Technologies • UNDP-The Palestinian Negotiations Support Projects • Nortel Networks Communications Israel • Seabridge • Union Motors Ltd. • Nyga Chef Ltd. • Seebo • Unipal General Trading Company • Objet Geometries • Sela Fashion Design Ltd. • Unipharm • Odin Medical Technologies • Sensegon • United Nations Office for Project Service • Ofer (Ships Holdings) • Sequans Communications • United States Agency for International Development • Office of the Prime Minister of the Palestinian • Shaked Creative Ltd. • Uthman -Hassan & Sons Mational Authority • Shaldor • vCita • Office of the Prime Minister of the State of Israel • Shamaym • Verint Systems • O’Grady Meyers • Shapira & Co. • Vilnai Marketing Group Ltd. • OMANOOT,Israelthroughart • Sheba Medical Center • Vishay Israel • Omnisys • Shikun & Binui • Vocaltec Communication • OPC Rotem Ltd. • • Vonage • Optibase • Shunra Software • Waiz Group • Oracle • Siemens Concentrated Solar Power (SCSP) • Waizer Management Ltd. • • Siemens Israel • Wardinon Textiles • Organik Kimya • Sigal Naim • Wataniya Palestine Mobile Telecommunications • Oridion Medical 1987 • Sigma Designs • WeFi • Oz branding • Simon & Weisel Insurance Agency • WeWork • P.I.M • Siraj Fund Management • Wilocity • Palestine Industrial Estate Developement • Smart!Caree & Education Ltd. • XT Holdings Company (PIEDCO) • smartDmedia • Yes - DBS Satellite Services Ltd. • Palestine Investment Fund • Snaptu • Yigal Arnon & Co. Law Office • Palestine Trade Center • Solutions for Developments Consulting Co. • Zellermayer & Pelosoff Law Office • PalTel Group • Sophos • Zeraim Gedera • Pango - Milgam Cellular Parking • Sotheby’s International Realty | Israel • Zoom Communications • Partner Telecommunications • SpaceIL(A.R) • Zoran Microelectronics • • Spatra Systems Europe, Ltd. • Percello Ltd. • SPL World Group Israel • Pharmos • STARLIMSCorporation • Philips • Storwize • Pioneer International • • Pisga Engineering Ltd. • Sun Microsystems

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