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The Executive Program in Digital Transformation at the Indian Institute of Management Indore is meticulously designed for working professionals aiming to navigate the complexities of digital transformation in their organizations. This comprehensive nine-month online program equips participants with a deep understanding of how to harness digital technologies to revolutionize business models, enhance customer experiences, and optimize operational efficiency. It covers crucial areas such as AI and machine learning, data ecosystems, and the strategic application of General AI, alongside the pivotal aspects of privacy, security, and blockchain technologies.
Participants will also delve into financial assessments, focusing on investment strategies and ROI calculations for digital projects, ensuring they can not only spearhead transformative initiatives but also sustain them financially and culturally. Through a blend of case studies, interactive sessions, and project work, this program offers a holistic view of the strategic, technological, and human factors that drive successful digital transformation in today’s dynamic business landscape.
The program’s strength is its comprehensive coverage of every aspect of a digital transformation journey. It provides detailed knowledge, vision, and skills to you in key areas of a successful digital transformation.
DIGITS
1. Introduction to Digital Transformation
· Overview – Introduction to digital transformation concepts · Importance – Role and importance of digital transformation · Business – Impact Economic impact on businesses 2. Digital Business Models · Understanding Digital Models – Overview of digital business models · Platform Revolution – Analysis of multi-sided markets and platform models · Innovation and Competition – Innovating business models in digital era 3. Key Technologies · Data Ecosystems – Building blocks of a digital enterprise · Artificial Intelligence – Role of AI in business transformation · Machine Learning – Machine learning applications in business · Data Visualization – Techniques and tools for effective data visualization · Internet of Things (IoT) – IoT integration in business processes · Cloud Computing – Leveraging cloud technology for business 4. Financial Aspects of Digital Transformation · Investment Analysis – Assessing investments in digital technologies · Financial Modeling – Building financial models for digital projects · ROI Analysis – Calculating return on investment · Budgeting and Funding – Budget management for digital projects · Financial Technologies – FinTech innovations impacting business finance 5. AI and Generative AI Applications · Introduction to Generative AI – Differences and potential of Generative AI · AI Integration Strategies – Integrating AI into existing business processes · Advanced AI Technologies – Exploring cutting-edge AI applications · AI in Marketing – Use of AI for personalized marketing strategies · AI in Supply Chain Management – Enhancing supply chain efficiency with AI 6. Privacy and Security in Digital Enterprises · Data Security – Importance of data security in digital transformations · Privacy Laws – Impact of global privacy laws on businesses · Security Technologies – Advanced security solutions for businesses 7. Business Model Innovation · Design Thinking – Applying design thinking to business models · Business Model Testing and Implementation – Methods for testing and implementing new models · Industry Case Studies – Examples of business model innovation across industries 8. Change Management and Leadership · Role of Leadership – Leadership in digital transformation initiatives · Change Management – Strategies for effective change management · Digital Culture – Creating a culture that embraces digital innovation · Managing Digital Teams – Techniques for leading tech-focused teams 9. Emerging Technologies · Blockchain Technology – Applications of blockchain in business · Robotics and Automation – Role of robotics in automating processes · Quantum Computing – Potential impacts and applications of quantum computing · Augmented and Virtual Reality – Using AR and VR for business enhancement Project Guidelines for designing relevant projects |
Industry Insights
– Amar Chitra Katha – Navigating Digital Transformation Under Challenging Circumstances – A Practitioner’s View – Customer Centricity And Digital Innovations – Digital Transformation: From Innovation Blueprint to Operational Blueprint Demystifying Digital Business Transformation |
Note: Medium of instruction: English, Modules/ topics are indicative only, and the suggested time and sequence may be dropped/ modified/adapted to fit the participant profile & programme hours.
Duration: 12 Months
Number of Hours: 126 hrs (Approx.)
Number of Sessions (75 Minutes each): 101
Online: 89 sessions
On-campus orientation module of 3 days duration: around 12 sessions,
One or two sessions from some of the courses will become part of the on-campus orientation module. In case the on-campus module is not confirmed due to Covid situation, the same will be included in the total number of sessions.
*The programme duration may be slightly extended due to the issues like faculty unavailability and gazetted holidays on the session days.
The pedagogy will be a judicious mix of lectures, case discussions, project work, term papers, and assignments etc.
Performance of participants will be monitored on a continuous evaluation basis through quizzes, assignments, tests and examinations. The participant is required to score minimum marks/grades as decided by the Institute from time to time to complete the course.
Successful Completion Certificate by IIM Indore in a valedictory ceremony to be held on the campus.
* Sample certificate is indicative. The Institute reserves the right to revise it.
**The Completion certificate will only be awarded to participants who complete the programme evolution and
Courses will be delivered through online mode using an appropriate technology Synchronized platform. Lectures will be delivered through broadband technology involving two-way audio and video communication. Sessions will be held once in a week, generally on weekends. Participants can attend sessions directly from their desktop/laptop (Direct-2-device). Participants will be provided reading materials etc. for each course. They may also interact with the concerned faculty through e-mails/ chat mode.
The academic sessions will start from March 2025. Sessions will be held on every Saturday
Saturday, First session: 5:30 PM – 6:45 PM (IST)
Saturday, Second session: 7:00 PM – 8:15 PM (IST)
The time gap between two consecutive sessions is to give the participants a break. On some days, the classes may extend beyond the mentioned time. In addition to attending interactive sessions, participants have to undertake online quizzes, assignments, and examinations.
Programme Activity Timelines
Application Closure | March 2025 |
Estimated date for Academic Orientation | March 2025 |
Tentative Programme End Date | March 2026 |
Particulars | Amount INR |
Registration Fee/Application Fee | 2,500 |
1st Instalment payable at the time of admission (excluding GST) | 84,400 |
2nd Instalment – 10th June 2025 (excluding GST) | 80,000 |
3rd Instalment – 10th September 2025 (excluding GST) | 87,500 |
Total Fee (exclusive of bank charges of INR 4,400 & GST) | 2,50,000 |
Overall Fees (including GST @ 18% and Bank Charges of INR 4,400) | 2,99,400 |
Additional Important Notes/Conditions:
* In case of participants paying fees via NEFT, RTGS, IMPS, Cheque, DD will get a waiver of 1.5% (upto INR 4,400/-) on the Overall fees of INR 2,99,400/-.
* In case a participant profile is rejected by Institute, INR 2,500/- of the application fee is non-refundable.
*Exact Dates will be notified later.
Student Privileges
The participants who will complete the programme successfully will be eligible for the Executive Education Alumni status of IIM Indore. They will require to apply separately along with the necessary fee to register their name. Current alumni membership plans are as follows:
Benefits available to Executive Education Alumni: 1) Communication of brochures and newsletters from IIM Indore, 2) Access to the IIM Indore Campus Library (onsite access only), 3) Official email ID of the institute.
Mere successful completion of the programme, application submission, and fee does not entitle a participant to be eligible for executive education alumni status. IIM Indore reserves the right to confer or withhold executive education alumni status.
IIM Indore reserves the right to modify the above conditions at its discretion at any time without notice.
Only the courts at Indore, India will have the territorial jurisdiction to try any disputes arising in respect of the Executive Alumni membership being granted.
Please note that IIM Indore reserves the right to change the programme design, format, number of sessions, certificate format, terms in the programme or can incorporate any such change deemed necessary by the institute without prior intimation.