Industry 4.0: Opportunities and Challenges for Industrial SMEs | IESE Focused Programs (2024)

• Module: Intro & Additive Manufacturing

Framing of Industry 4.0

Additive manufacturing as a technology that has implications from product all the way to business model.

Key Themes & Concepts:
Asset specificity.
Long-tail business in the physical world.
Cyber-physical frontier.
Industry 4.0 readiness model (modified).

• Module: Smart Robotics

How to implement robotic cells: saving cost before even getting started; importance of onboarding.
Key Themes & Concepts:
Understand challenges and opportunities of robotics.
Importance of structured process.

• Module: Connecting Assets to Cyber – Digital Twins in Industry

Managing the cyber-physical frontier: building a new business model around a new technology.

Key Themes & Concepts:

The enabling element of digital.
Manifestation of the cyber-physical frontier.

• Module: Looking Back to Look Ahead: Putting All into Context

Avoiding linear thinking in the context of disruptive technological innovations / industrial revolutions.

Key Themes & Concepts:

From the Age of Discovery to Industry 3.0: complex dependencies.
Need for PESTEL framework

The Live online methodology has the following characteristics:

• A kick-off session will be held to learn about the program, the faculty, the team participants, and the start of academic content.
• Two consecutive academic weeks, with live sessions two days a week. (synchronous sessions) lasting approximately 3 hours per day. The hours will be from 3:00 p.m. to 6:00 p.m. approx. (CET time), which means about 6 hours live a week. (the connection platform is Zoom).

In addition to the synchronous sessions, the program also includes a series of asynchronous content. This content, which is designed for individual work, is a crucial part of the program and may require up to 4 hours of your time each week. Therefore, your total weekly dedication to the program is expected to be around 10 hours.

The admission process entails a three-step process:

Complete and submit the online application Barcelona or Madrid Edition.

The Executive Education Department will email you to acknowledge receipt and provide further details on program dates, pre-program academic materials and bank details to submit payment.
Proceed with the payment of the program’s fee. This is an essential requisite to access the pre-readings and participate in the program. Two weeks before the start date, participants will receive an email with a user name to access the IESE Virtual Campus and pre-readings.

Fees

• General rate: €1,950
• Alumni rate: €1,755
• IESE Member rate: €1,657.5

Executive Education Certificate fee: An additional 5% discount on the general or IESE Alumni Association member fee.

The program fee is tax-exempt. Payment is required before the program begins.

Discounts are available for corporate agreements and multiple registrations from the same company. Space is limited and filled in strict order of reception so early registration is encouraged.
Approximate Schedule: 8 a.m. to 6 p.m. with additional evening social activities.

Payment Details

We accept payments by credit card or wire transfer.

Admissions Requirements

The Admissions Committee admits qualified candidates on a rolling basis as places become available. Executive Education Focused Programs have their own requirements, and all admissions are under the supervision of the Admissions Committee. In general, participants should have at least 10 years’ work experience and have held a position of leadership with significant responsibilities within the last 5 years. Although there are no formal educational requirements, admission is based on professional achievement and responsibilities within the organization.

Cancellation Policy

Cancellations received within 20 days of the program’s start date are subject to a payment of 25% of the program tuition. IESE reserves the right to cancel the current edition or modify dates up to 20 days prior to the scheduled start date. Under no circ*mstances is IESE responsible for any travel expenses incurred. Participants should consider purchasing travel insurance including cancellation coverage to protect against the unlikely event that the program is cancelled or their own inability to attend for personal or professional reasons.

Cancellation requests received within 3 calendar days of the program start date as well as those received during the program are subject to full payment of the program fee.

Companies and teams

• Companies with corporate agreements with IESE: discount of up to 20%.
• Discount on multiple applications, for individuals and teams: up to 25% for groups of four or more people.
• The more focused programs you take, the more benefits you will receive: you may be eligible for discounts of 5% to 15%.

Alumni

• Special price for alumni: 10% discount
• Special price for members of the IESE Alumni Association: 15% discount. Recommend 2 participants and each one will also get 15% off.

Scholarships

• Entrepreneurs
• Executive women
• ONGs

Contact the Focused Program team here for more details.

If interested in obtaining the IESE Executive Education Certificate:

• Complete, at least, 4 Focused Programs, in English or Spanish, within three years. The 4 programs must total a minimum of 12 days of learning.

In addition to earning the IESE Executive Education Certificate, you will enjoy a series of other exclusive benefits:

• Professional guidance with an IESE adviser.

• 5% discount on any future Focused Program.

• Possibility of becoming a Member of the IESE Alumni Association, which delivers a broad array of exclusive benefits. Discover here how to make the most of the membership.