Chicago Booth Executive Program in El Gouna, Egypt 

The University of Chicago Booth School of Business, in partnership with the Sawiris Foundation for Social Development, has developed a one-of-a-kind executive education program in El Gouna, Egypt.

 

As global organizations emerge from the pandemic to continued economic uncertainty, organizational stability and fiscal growth become more critical than ever. In the second offering of The Chicago Booth Executive Program in El Gouna, faculty and participants come together to address key challenges facing Egypt and the world during this time of economic, social, and environmental change.

This program provides Egyptian private and public sector executives with transformational skills to improve their leadership and advance their teams and organizations. This comprehensive management program utilizes The Chicago Approach™ to business—a multi-disciplined, collaborative approach to help participants define issues, ask better questions, and develop better solutions across the areas of leadership, strategy, decision-making, and finance. By attending, you'll combine Booth's data-driven frameworks with your real-world experience to deepen learnings. You'll learn from top faculty, guest speakers, and peers through interactive classroom sessions, group presentations, after-class events, and unique team projects. At the end of this 14-day experience, you'll be better equipped to accelerate innovation and make evidence-based decisions during times of uncertainty. Ultimately, you'll gain the tools to become a better leader for your organization and support Egypt's growth in the years ahead.

This experiential program provides a combination of benefits that no other senior executive program can claim. This is a comprehensive management program that incorporates world-class faculty with a blend of traditional and team-based learnings.

By attending this program, you will:

  • Improve management, decision-making and leadership in times of digital, economic and social disruption
  • Discover how to use data to enhance strategic decision-making in an increasingly complex and evolving digital environment
  • Develop tactical innovation tools that will help leverage outside perspectives for insights and new ideas
  • Acquire the analytical frameworks to increase ROI and improve your decision-making process based on customer insights
  • Learn how to anticipate disruptive market changes and act with strategic agility
  • Discover what financial lessons can be drawn from recent crises to better prepare for future economic risks and operational challenges
  • Learn best practices in behavioral science, negotiation techniques and develop frameworks for making sound decisions
  • Identify, replicate, and nurture high-performance behaviors and work groups throughout the organization

World-Class Guest Speakers

The 2023 session's guest speakers include keynote speaker Raghuram Rajan, Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth and one of TIME Magazine’s 100 Most Influential People.

Why Attend?

  • Experiential Learning: Experiential learning, or simply known as learning by doing, is woven throughout the program. In the serene setting of El Gouna, executives will have the opportunity to collaborate on teams and engage in activities that bring concepts to life outside of the classroom.
  • Exclusive Speakers: The program includes distinguished global leaders as keynote and dinner speakers. They will inspire and motivate participants to reach their highest potential. The speakers present topics that will augment and align with the classroom learning experience. 
  • Group Projects and Collaboration: Participants will learn from each other, from practitioners, and from faculty. Group activities throughout the program help increase collaboration and decision-making in a team environment. To reinforce the curriculum and apply it to future real-world challenges, participants will work in mixed public/private sector groups on a final group project, culminating in a presentation at the end of the program.
  • Networking: Participants will experience not only high-impact learning but also social activities over the course of the program. Participants will have the opportunity to join group dinners and receptions, and connect with each other even after the program ends.
  • The Chicago ApproachTM: Booth's approach to business education has yielded some of the most groundbreaking business insights and advances in the 20th and 21st centuries. You'll learn multidisciplinary frameworks that will empower you to define problems, ask better questions, and develop better solutions. You'll be able to turn business challenges into opportunities, in any industry, anywhere in the world.
If you are an Egyptian government executive, information about the public sector application process is available here.

 

This program is designed for senior-level executives in charge of creating value for their organizations.This program brings public and private sector leaders together; class size is around 50 executives split between public and private organizations. A variety of industries are represented.

The program is an excellent fit for executives who are responsible for enhancing their organizations by combating competition and market disruption, leading digital transformation and innovation, working with policy makers and government officials, evaluating new ventures, managing change or, improving the growth of the organization.

Recommended Profile:

  • 12 years plus work experience (many participants have 15-20+ years of experience)
  • English language proficiency
  • Senior executives (responsible for leading and/or managing a large team)
  • Individuals identified as high-performers within their organization
  • P&L owners, responsible for strategic direction of department and/or business unit, managing line of business or multiple lines of business, country manager, regional head (MENA)
  • Many participants hold an MBA or Master's degree

Recommended private sector titles include Head of Strategy, Head of Innovation, EVP, SVP, Managing Director, Senior Director, General Counsel, Executive Director, Division President, Country Manager, etc.

For public sector executives, titles may include Vice Minister, General Manager, Chief of Cabinet, Advisor to the Ministry, Assistant to the Minister, Dean of Faculties, Director, Undersecretary, and Deputy Minister.

Each applicant must be nominated by their employer in order to be considered for the program.

Randall S. Kroszner

Norman R. Bobins Professor of Economics

Randall S. Kroszner is the Norman R. Bobins Professor of Economics. Dr. Kroszner served as a Governor of the Federal Reserve System from 2006 until 2009. He chaired the committee on Supervision and Regulation of Banking Institutions and the committee on Consumer and Community Affairs. In these capacities, he took a leading role in developing responses to the financial crisis and in undertaking new initiatives to improve consumer protection and disclosure, including rules related to home mortgages and credit cards. He represented the Federal Reserve Board on the Financial Stability Forum (now called the Financial Stability Board), the Basel Committee on Banking Supervision, and the Central Bank Governors of the American Continent and was a director of NeighborWorks America. Dr. Kroszner chaired the working party of the Organization for Economic Cooperation and Development (OECD), composed of deputy central bank governors and finance ministers, on Policies for the Promotion of Better International Payments Equilibrium. As a member of the Fed Board, he was also a voting member of the Federal Open Market Committee.

From 2001 to 2003, Dr. Kroszner was a member of the President’s Council of Economic Advisers (CEA). He was involved in formulating policy on a wide range of issues, including responses to corporate governance scandals, government-sponsored enterprise reform, pension reform, terrorism risk insurance, tax reform, currency crisis management, sovereign debt restructuring, the role of the International Monetary Fund (IMF), and international trade and development.

Since 1990, Dr. Kroszner has taught at the University of Chicago Booth School of Business. Dr. Kroszner was Director of the George J. Stigler Center for the Study of the Economy and the State. He served as editor of the Journal of Law & Economics and has been associate editor of a number of other academic and policy journals. He was a member of the board of directors at the National Association for Business Economics and the Financial Management Association.

Dr. Kroszner serves as the Chair of the Financial Research Advisory Committee of the Office of Financial Research of the U.S. Treasury. He is a member of the Federal Reserve Bank of Chicago’s Academic Advisory Council and of the board of advisors of the Paulson Institute. In addition, he is a Research Associate of the National Bureau of Economic Research. He is member of the board of trustees of the Chicago Symphony Orchestra and a member of the board of directors of the Renaissance Society.

Dr. Kroszner has been a visiting scholar at the Securities and Exchange Commission, the IMF, the Stockholm School of Economics, the Stockholm University, the Free University of Berlin, Germany, the London School of Economics, and the American Enterprise Institute. He was the John M. Olin Visiting Fellow in Law and Economics at the University of Chicago Law School the Bertil Danielson Visiting Professor of Banking and Finance at the Stockholm School of Economics, and the SK Chaired Visiting Professor at Yonsei University, Seoul, Korea.

His research interests include regulation of financial institutions, international financial crises, the Great Depression, monetary economics, corporate governance, debt restructuring and bankruptcy, and political economy. His paper on managerial stock ownership (with Clifford Holderness and Dennis Sheehan) won the Brattle Prize for best corporate finance paper in the Journal of Finance. His book co-authored with Nobel laureate Robert J. Shiller, Reforming U.S. Financial Markets: Reflections Before and Beyond Dodd-Frank (MIT Press) appeared on the Washington Post’s Book World political best sellers list.

Dr. Kroszner is a frequent commentator in the international media. He provides advice to financial institutions, government organizations, and central banks throughout the world.

Sanjog Misra

Charles H. Kellstadt Professor of Marketing

Sanjog Misra is the Charles H. Kellstadt Professor of Marketing at the University of Chicago Booth School of Business. His research focuses on the use of machine learning, deep learning and structural econometric methods to study consumer and firm decisions. In particular, his research involves building data-driven models aimed at understanding how consumers make choices and investigating firm decisions pertaining to pricing, targeting and salesforce management issues. More broadly, Professor Misra is interested in the development of scalable algorithms, calibrated on large-scale data, and the implementation of such algorithms in real world decision environments.

Professor Misra's research has been published in the Econometrica, The Journal of Marketing Research, The Journal of Political Economy, Marketing Science, Quantitative Marketing and Economics, the Journal of Law and Economics, among others. He has served as the co-editor of Quantitative Marketing and Economics and as area editor at Management Science, the Journal of Business and Economic Statistics, Marketing Science, Quantitative Marketing and Economics, the International Journal of Research in Marketing and the Journal of Marketing Research.

Misra is actively involved in partnering with firms in his research and has worked as an advisor to a number of companies such as Transunion, Oath, Verizon, Eli Lilly, Adventis, Mercer Consulting, Sprint, MGM, Bausch & Lomb, Xerox Corporation and Ziprecruiter with the aim of helping them design efficient, analytics-based, management systems that result in better decisions. He currently serves as an advisor to startups in the marketing technology, measurement and AI space. At Booth Professor Misra teaches courses on Algorithmic Marketing. These courses bring his practical and research expertise in the algorithmic marketing domain into the classroom. He is hopeful that these classes will get students ready for the next evolution of marketing that he believes is already underway.

Prior to joining Booth, Misra was Professor of Marketing at UCLA Anderson School of Management and Professor at the Simon School of Business at the University of Rochester. In addition he has been visiting faculty at the Johnson School of Management at Cornell University and the Graduate School of Business at Stanford University.

George Wu

John P. and Lillian A. Gould Professor of Behavioral Science

George Wu studies the psychology of decision making; goal-setting and motivation; and cognitive biases in bargaining and negotiation. Additionally, he has received research funding as part of a 3-year, $3.6 million project entitled "Enhancing the Human Experience through Behavioral Science: New Paths to Purpose," to advance the behavioral science of purpose. Project research explores how people adopt, pursue, and fulfill their intentions to accomplish something that is meaningful to the self, and often is of consequence to the world beyond the self."

Wu's research has been published widely in a number of journals in economics, management science, and psychology, including Cognitive Psychology, the Journal of Personality and Social Psychology, the Journal of Risk and Uncertainty, Management Science, Psychological Science, and the Quarterly Journal of Economics.

Prior to joining the Chicago Booth faculty in 1997, Wu was on the faculty of Harvard Business School as an assistant and associate professor in the managerial economics area and then in the negotiation and decision making group. He also has worked as a lecturer at Wharton School at the University of Pennsylvania. Prior to graduate school, Wu worked as a decision analyst at Procter & Gamble.

Wu is a former department editor of Management Science and is on numerous editorial boards, including Decision Analysis, Journal of Behavioral Decision Making, Journal of Risk and Uncertainty, and Theory and Decision. He earned a bachelor's degree cum laude in applied mathematics with a concentration in decision and control in 1985, a master's degree in applied mathematics in 1987, and a PhD in decision sciences in 1991, all from Harvard.

Lindsey Lyman

Clinical Associate Professor of Entrepreneurship

Lindsey Lyman is the founder of Growth Studios, an innovation consultancy that helps companies transform how they build new businesses. She consults with leading design firms, consulting firms, large and small companies, and entrepreneurs to identify unique growth opportunities and to build commercially viable new products, services, and business models. Lindsey is an advisor to executives of established companies on the topics of innovation strategy and execution and works with organizations to build innovation capabilities.


Outside of her work in corporate innovation, Lindsey is an active angel investor, board member, and advisor to founders of entrepreneurial ventures. Lindsey leverages her advisory and consulting work to develop current business content and cases for use in the classroom, in particular challenges relating to innovation execution in large organizations and early-stage hurdles when building a new entrepreneurial venture. As an advisory board member of the Alpha Network in Chicago, Lindsey has a passion for connecting entrepreneurs and helping them build their businesses.


Prior to founding Growth Studios, Lindsey spent 10 years at McKinsey & Company, where she was a founder of McKinsey's global innovation practice and co-developed McKinsey's Innovation Executive Education program. At McKinsey, Lindsey served Global Fortune 100 clients on innovation topics ranging from large-scale innovation transformations, to embedding capabilities in user-centered design and product development. Lindsey currently serves as a Senior External Advisor to McKinsey, focused on Product Development and Innovation. Prior to that, she was a professional child actor and competitive dancer.


Lindsey holds an MBA from The University of Chicago Booth School of Business, where she graduated with highest distinction. Lindsey lives on the North Shore of Chicago with her husband and four young children. Lindsey looks forward to someday reviving her hobbies of biking, art making, and fabric crafting, however in the meantime center around drinking copious amounts of coffee and building Lego with her kids.

Gregory D. Bunch

Adjunct Professor of Entrepreneurship

Greg Bunch draws on a wealth of experience as an entrepreneur, manager, consultant, alderman, and teacher. He is the founder of Masterplan International Corporation, a strategy consulting firm. He was also a partner at Brandtrust, a brand strategy consultancy. Greg co-founded a healthcare software start-up in the Bay Area. He has served on corporate boards for financial services, healthcare, retail, franchising and marketing firms.

He works with Fortune 50 companies, family businesses and start-ups in the areas of innovation and strategy. He has worked with a broad array of companies including Abbott Labs, American Express, Danaher, Dover, ETS, Harley-Davidson, Hewlett-Packard, Kimberly-Clark, McDonalds, PepsiCo, State Farm and Yum! Brands.

Greg was an alderman in the City of West Chicago, serving on the infrastructure, public safety and development committees.

Greg has lectured nationally and internationally on topics related to strategy, creating customers, and innovation. He earned a bachelor's degree from Wheaton College in philosophy and an MDiv from Harvard University.

Susan Lucia Annunzio

President and CEO, The Center for High Performance

Susan Lucia Annunzio is President and Chief Executive Officer of The Center for High Performance (CfHP). She is a strategic advisor to CEOs of leading global companies on strategy attainment and business transformation. Susan partners with senior executives to increase their ability to simplify complex strategic decisions through enhanced collaboration and creativity. She is a globally recognized speaker and thought leader on shaping and maintaining high-performance business environments. She has a strong track record helping leaders maximize returns on strategic, financial and human-capital investments.

Previously, Susan ran the research-based high performance consulting subsidiary of Hudson Highland Group, Inc., a leading international professional staffing and talent management solutions firm.

Under her direction, Hudson Highland completed the most comprehensive global study of knowledge workers ever conducted regarding the factors that accelerate or stifle high performance. Susan has presented on this study at such prestigious venues as the World Economic Forum, The International Conference on Knowledge, Culture and Change at the University of Greenwich, and Vacature’s 2004 “Talent Economy” launch event in Belgium.

Susan has been an Adjunct Professor of Management at the University of Chicago Booth Graduate School of Business. She has been a guest lecturer at INSEAD business school in Fontainebleau, France, Kellogg Graduate School of Management and Instituto Empressa in Madrid. She also has taught at General Electric’s Crotonville Corporate Training Center.

She is the author of Contagious Success (Portfolio, 2004), a dynamic management book that revealed a global standard for high performance. Contagious Success was voted Fast Company’s Readers’ Choice selection in January 2005. Additionally, Susan authored two more prominent business books: Communicoding (Fine, 1990; Penguin USA, 1991) and Evolutionary Leadership (Simon & Schuster, 2001; Fireside, 2002).

She has been a guest on numerous local and national television and radio news programs and has been quoted extensively in the business press, including The Wall Street Journal, CNBC, BBC, USA Today and Bloomberg.

Susan is a member of the Economic Club of Chicago, the Executives’ Club of Chicago and the University of Chicago Women’s Business Group. She also works with the Metropolitan YWCA of Chicago and The United Way.

 

The curriculum blends traditional and experiential learning to illustrate the challenges and opportunities facing industries in today’s growing markets. While the program includes concepts and business cases from businesses around the world, the curriculum is specifically designed for the region.

Program Core Sessions

  • Strategic Risk Management and Financial Fragility
  • Fintech and the Future of Financial Services
  • Innovation Leadership
  • Executing Breakthrough and Disruptive Innovation
  • Strategic Project Management
  • Behavioral Economics
  • Negotiations and Decision Making
  • Marketing Analytics for Growth
  • Artificial Intelligence and New Analytical Methods
  • Strategic Thinking in a V.U.C.A World (*Volatile, Uncertain, Complex & Ambiguous)
  • High-Performance Leadership

“This is the best program I have ever participated in. The program was well organized, the quality of speakers and participants was great, and the practical knowledge that I can use immediately will have positive impact on my career and outstanding benefits to my organization.”
—Moustafa Abdelaal ElSayed, General Manager of IT and Data Communications Department, Egyptian Presidency


“The Chicago Booth Executive Program provided an excellent platform to expand horizons, develop an understanding of new topics one would otherwise not be exposed to, and create new connections (both with peers and modules). I highly recommend it and look forward to applying the lesson in practice.”
—Erika Wakid, Corporate Development Director, OCI NV


“The level of comprehensiveness of the program that not only tailored to educate but to leave us with a blueprint to follow while offering valuable insights into leadership, decision making, and other essential skills executive level employees require.”
—Haitham Moneim, Investor Relations Director, Egypt Kuwait Holding


“The program did an excellent job of bringing people from diverse backgrounds and industries together (both public and private). The networking and key lessons learnt in risk, business strategies, and negotiations were valuable, and will definitely help me better shape how I work and develop my department.”
—Marwan Amin, Head of International Political Analysis, Commercial International Bank, Egypt


“The diversity in the classroom captivated me. It was a great opportunity to network with people from different fields, different industries, different backgrounds and different stages of life. I would definitely recommend the program as a lifetime opportunity and crucial experience in one’s career.”
—Howaida Barakat, Undersecretary and Head of Sustainable Development Unit, Ministry of Planning, Monitoring and Administrative Reform

“A very wide spectrum of relevant topics, fresh ideas and eye opening perspectives, e.g. my learning on negotiations or the new techniques I learned in advanced analytics, which I can’t wait to apply at work. I recommend any rising leadership executives to join this program to be well-prepared for the general management role.”
—Seif Sameh Shazly, Investment Manager, Transcendium


“Getting public and private sector was brilliant idea. I had unique experience and learned from communicating with the group...We all need to keep learning and knowing areas outside the scope of our work.”
—Marwa Farghali, Chief of Cabinet and Head of Technical Office, Ministry of Trade and Industry


“This program provided two important values; long-term insights into strategy planning, innovation and daily skills in the fields of decision making, negotiation and risk mitigation. Highly recommend.”
—Sameh Elkaffas, Lecturer of Cardiology, Kaser AlAiny Cairo University


“What I like most about this program is bringing together such a large group with different backgrounds. Trying the make the “decision making” link among the different topics was on the challenging side but definitely worthwhile. This program is a great opportunity to touch base on topics away from one’s field of expertise"
—Dalia Abou El Rouss, Corporate Banking Early Warning Signals Head, Commercial International Bank, Egypt


“Learnings from fellow participants combined with world class academic instruction provided unique insights. Looking to take back new frameworks on identifying risks and growth opportunities with the team. Once in a lifetime opportunity.”
—Amer El Salanekly, Investment Professional, Ezdehar Management


“I liked getting to know and apply the University of Chicago approach. I am excited and inspired to take back what I learned about strategy, risk management and leadership. I hope to inspire our company to create higher value based on what I have learned.”
—Samy Awad, General Manager, Abco United


“I liked the public and private mix. I liked the subjects and materials. I am really excited about the innovation techniques as well as the high performance environment attributes. I would tell my colleagues: ‘It is a life experience.’”
—Emad Essam Abdel Malek, Country Manager Egypt. BASF Construction Chemicals Egypt SAE


"The course is a door (mind) opener, highly recommend! ‘It is a life-changing course’ for my career.”
—Ramez Sayegh, Director, Oracom Construction


“The private/public sector mix was outstanding. Key learning: we should be stubborn on vision and flexible on details.”
—Mohamed AbouShady, Head of Sales & PepsiCo Egypt Business, Pepsi Cola Egypt


“This is an exceptional program that brings the best practices of management.”
—Karim Elsabee, Executive Vice Chairman/CEO, Reliance Egypt

If you are an Egyptian government executive, information about the public sector application process is available here.

 

The Chicago Booth Executive Program is an application-based program and includes a formal admissions process. In order for your application to be considered complete, we require the following to be submitted through our online portal:

  1. Required application questions
  2. Letter of Recommendation
  3. CV/Resume

All application materials are required in order to be considered for the program. For more information about the application process and decision dates, please view our application FAQ document.

As of 2022-3: All participants must meet the following criteria in order to participate in the Chicago Booth Executive Program in El Gouna, Egypt:

  1. Proof of fully vaccinated status: Defined as two weeks after the second dose of a two-dose COVID-19 vaccine or two weeks after one dose of a single-dose vaccine. Only vaccines approved by the U.S. Food and Drug Administration (FDA) or World Health Organization (WHO) will be accepted.

              AND

  2. Proof of a negative COVID-19 test
Participants must also comply with CDC travel guidelines and El Gouna travel guidelines. It is each participant's responsibility to understand and adhere to travel requirements from their location.

Location

El Gouna Campus
Mohamed Ibrahim Kamel St.
84513 El Gouna, Egypt

2023 Program Dates and Fee

Dates: March 4 – March 17, 2023
Application deadline: extended to December 4, 2022
Fee: $14,000 USD (note: Payment plans are available for private sector participants. Please contact Amanda.Gecht@chicagobooth.edu for more information)

Upcoming Courses

Date Fee Format
March 4-17, 2023 $14,000 In-Person APPLY Now