IMLP Senior Bootcamp - What Is It?
February 1, 2012
IMLP's in Tiananmen Square in Beijing, China.Senior Bootcamp is the experienced training IMLPs get usually between second and third rotation. I had the tremendous opportunity to be part of the most recent edition that lasted from August 14th to September 3rd, 2011 in Shanghai, China.
Senior Bootcamp is now held into two separate sessions in the year, and with the next group getting ready to head abroad towards this incredible adventure, I thought it may be useful telling you something about the curriculum and what can be expected during these amazing 3 weeks in China.
Week 1:
In the first week, IMLP's are split into 4 worlds, with four teams in each world. Each team will be competing with the other 3 teams in their respective world in a business simulation. The simulation consists of selling futuristic computers in a technology market. In order to increase profit and sales, team members are assigned to various roles and had to work together to determine how they should invest in the following:
- R&D: This team will focuses on what they would invest in (i.e. New Products vs New Features)
- Supply Chain: This team will focus on investments that could improve manufacturing efficiency and reduce costs
- Marketing: This team will determine which campaigns would be most effective for building brand awareness and increasing sales
- CFO: The CFO will manage and allocate funds for the three functions above
- CEO: will help to lead the team's strategy for each quarter of the rotation
The simulation lasts for 8 quarters, and positions will randomly change, giving IMLP's the chance to be in several roles. That simulation was a lot of fun because it make you learn how to think and act fast. We would have an hour to prepare, but when the quarter started we'd only have 20 minutes to make sure we invested in the right projects and allocated our employees correctly. Sometimes, random unpredictable events were thrown in that made things difficult, as noted by the nervous moans of everyone in the classroom. Although it was a lot of fun, the most important takeaway was that the simulation gave IMLP's insight into the decisions that executive leaders have to make on a daily basis.




