Sustainability Inspiring Innovation

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DEVELOP INITIATIVES TO TRANSFORM BUSINESS

Sustainability is not the financial burden that many executives assume it to be. On the contrary, adopting eco-friendly practices can reduce costs and boost revenues. Therefore, sustainability should be a fundamental aspect of all innovation efforts. In the future, only companies prioritising sustainability will gain a competitive edge. This requires reevaluating business models, products, technologies, and processes.

The sustainability journey involves seeing compliance as an opportunity, creating sustainable value chains, designing eco-friendly products and services, developing new business models, and establishing next-practice platforms.

The program aims to transform the perception of sustainability from a regulatory burden to a strategic advantage. It seeks to equip participants with the knowledge and tools to lower costs, increase revenues, and achieve competitive advantage through sustainable practices. By integrating sustainability into all aspects of innovation, participants can rethink business models, products, technologies, and processes.

Participants in this programme will gain strategic insights to reframe sustainability as a competitive advantage rather than merely a compliance requirement. They will acquire practical tools and methodologies for embedding sustainable practices into business models and supply chains.

The programme offers a global perspective, enabling participants to understand how international trends and regulations are shaping the sustainability landscape across industries. Beyond technical knowledge, the programme fosters leadership development, equipping executives to drive organisational change and effectively engage stakeholders. Finally, it provides a unique platform for networking, allowing participants to connect with peers from diverse sectors to exchange ideas and best practices.

Specifically, the programme will:

Equip participants with the knowledge to align business strategies with climate change mitigation efforts and achieve Net Zero commitments.
Encourage participants to view sustainability as a core element of the business strategy, driving long-term growth and competitiveness
Demonstrate how environmentally responsible practices can reduce costs and boost revenues, making sustainability a touchstone for all innovation.
Guide participants through a Holistic Sustainability Integration:
- Viewing Compliance as Opportunity: Transform regulatory compliance into a strategic advantage.
- Making Value Chains Sustainable: Optimise operations and supply chains for sustainability.
- Designing Sustainable Products and Services: Innovate products and services that meet sustainability goals.
- Developing New Business Models: Create business models that prioritise sustainability.
- Creating Next-Practice Platforms: Establish platforms for continuous innovation and sustainability.

Help understand the role of leadership skills to drive and inspire sustainability initiatives within the organisation (Leadership in Innovation).
Provide insights and best practices from various industries where sustainability has driven innovation and competitive advantage (Cross-Industry Learning).
Apply learned concepts through real-world case studies, simulations, and personalised action plans (Practical Applications).

Programme Directors

MUHAMMAD SHAKEEL SADIQ JAJJA

Associate Professor
Post-Doctorate, Stanford University
PhD, Lahore University of Management Sciences

Research Interests:

Supply Chain Management; Technology and Innovation in Supply Chain Relationships; Social and Environmental Compliance in Supply Chain Relationships; Operations Management

ZEHRA WAHEED

Assistant Professor
PhD, Heriot-Watt University, Edinburgh

Research Interests:

Project Management, Facilities Management, Public Sector Procurement, Public-Private-Partnerships, Urban Waste, Sustainable Water, Knowledge Management

The programme aims to empower middle and senior-level executives with the knowledge and tools to embed sustainability into their core business strategy and supply chain operations, in order to develop innovative solutions to the sustianbility challenges at hand. This programme is ideal for professionals and leaders who are:

Driving Business Strategies: Executives responsible for shaping strategies at the business unit or organisational level, focusing on maintaining and enhancing competitive advantage.
Leading Sustainability Initiatives: Visionaries committed to advancing environmental and social sustainability or transitioning legacy business models to more innovative and responsible approaches.
Building Sustainable Strategies: Changemakers dedicated to crafting impactful strategies that embed sustainability at the core of their organisation or industry.
Communicating Vision and Value: Professionals tasked with developing and communicating the vision and value of a sustainable business future with internal and external stakeholders.

Participants may come from private, public, and development sectors, bringing diverse perspectives to collaborative learning.

Programme Fee	PKR 300,000
Residential Fee	PKR 100,000

* Programme fee includes tuition cost, reading material, tea and lunch served during the programme.

ACCOMMODATION
It includes accommodation, breakfasts and dinners for the duration of the program. However, any extra charges such as telephones, extra meals etc should be paid on departure. You may check-in on the evening preceding the start date of the programme and check-out the morning after the programme ends. You are, however, requested to inform us of the time of your arrival and departure.

We offer single bed accommodation at the Rausing Executive Centre. Each bedroom with attached bathroom is equipped with a mini-fridge, writing desk and direct dial STD/ISD telephone and cable TV. All bedrooms at REC are internet-ready. Please note we do not provide accommodation for drivers accompanying participants.

ADMISSION PROCESS
Applications will be screened with regard to their suitability for each programme. Kindly ensure that your complete online application form reaches the office by the deadline. Incomplete application forms will not be entertained.

*Seat in the programme will be reserved on a first-come, first-served basis.

PAYMENT
Payment is due upon receipt of the acceptance email/letter along with the invoice. Please ensure that the payment reaches the office BEFORE the start of the programme. Space in the programme may only be ensured after we receive the fee. Payment can be made directly through:

Debit/credit card by visiting https://pay.lums.edu.pk. You can process the payment by selecting REDC payments from the Payment Type Section and entering a valid voucher number and access code mentioned on the voucher. Additional bank charges may apply.
Cash, Crossed Cheque or Pay Order/Bank Draft made in favor of "Lahore University of Management Sciences" at any United Bank- Limited (UBL) branch against the programme voucher.

However, the programme fee can also be paid via bank transfer. If you wish to dispatch the cheque directly to our office, please send it to:

Manager Marketing
Rausing Executive Development Centre
Lahore University of Management Sciences
Opposite Sector 'U', DHA Lahore Cantt Pakistan
Tel: +92 42 3560 8243

* LUMS is a not-for-profit organisation under the Income Tax Ordinance 2001. Accordingly, the income of LUMS is not tax-deductible/collectable.

DISCOUNT POLICY
If more than two executives from the same organisation participate (up to a group size of 5 participants) in a programme, each additional participant after the first two gets a 20% discount on the programme fee.

SUBSTITUTES/TRANSFERS AND REFUNDS
If you are unable to attend a registered course, we will accept a substitute until 2 working days before the programme. Substitute candidates will be subject to the same selection process as the original one. If you wish to cancel your name from a programme, please notify in writing or on call at least 5 working days before the programme. In case of late cancellation, the programme fee will be refunded after deducting an application processing fee of PKR 200,000.

It is possible to transfer the deposited fee to any open enrolment programme within 3 years. Transfers should be notified at least 5 working days before the programme. In case the participant or sponsoring organisation fails to utilise the funds within 3 years, the deposited fee will be forfeited.

Note: REDC may cancel or postpone a programme due to insufficient enrolment or unforeseen circumstances. In this case, the university will refund the registration fee but will not be responsible for any other related charges/expenses including cancellation/change charges by airline and travel agencies.

In case of postponement, the fee may be transferred to the rescheduled offering of that programme or any other programme as an alternate to refund. The University reserves the right to make changes in its programme policies and fees at any time.

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