A stand-alone module of our established and highly respected Railway Management Certificate Program, this residential five-day program in East Lansing, MI, covers the essentials of business administration, strategy, and leadership for both freight and passenger railways.
MODULE 1 • MSU CAMPUS • EAST LANSING, MI
RAILWAY BUSINESS ADMINISTRATION, STRATEGY, AND LEADERSHIP APRIL 22-26, 2024
PROGRAM DESCRIPTION A stand-alone module of our established and highly respected Railway Management Certificate Program offering a mix of lectures, site visits, group exercises and subject matter expert presentations. This residential five-day program covers the essentials of business administration, strategy, and leadership for both freight and passenger railways. We combine classroom presentation of concepts by MSU faculty experts with discussions led by rail industry experts, and with site visits to see topics in context. Railway Business Administration, Strategy and Leadership brings together many aspects of the complex railway ecosystem. KEY LEARNING OBJECTIVES By the end of the program, participants will: • Understand the strategic complexity of the Railway Industry • Learn principles of strategy and risk management • Learn key elements of transportation theory, concepts, and application (both freight & passenger) • Explore principles of marketing applied to rail services • Examine key leadership skills • Understand basic elements of finance and accounting • Appreciate the role railways play in supply chain management and mobility, including key drivers such as inventory, timeliness, customer experience, reliability, and flexibility WHO SHOULD ATTEND? • Managers/leaders requiring learning opportunity beyond their experience and/or who have had limited business administration education • Transportation and functional managers with capacity to perform at higher levels • Shippers and suppliers needing to learn about the business of railroading to build better relationships to improve performance, communication and understanding • Staff in rail industry organizations, regulatory/public policy agencies, states and other transportation groups • Railroad new hires, interns, etc.
TENTATIVE SCHEDULE
MONDAY Strategy, Transportation, and Supply Chain Management TUESDAY Leadership, Marketing and Customer Experience
WEDNESDAY Site Visits
THURSDAY Negotiation and Change Management FRIDAY Risk Management, Future Opportunities
ONLINE Finance and Accounting
Schedule and content subject to change. For the latest schedule please email: littlen@msu.edu
SITE VISIT INFORMATION Regional/short line railroad, major rail customer loading facilities, economic development sites (subject to availability.)
COST $5,000
• Includes instructional materials and site visits, faculty/staff support, overnight hotel rooms, daily breakfast and lunch • Transportation to and from the program, and dinner most nights are not included • Discounts are available for multiple participants from the same company and for early registration • To utilize the best in adult learning practices, class size will be limited to twenty-five participants
FACULTY AND SPEAKERS NICK LITTLE, FACULTY LEADER
is the Director Railway Education, Center for Railway Research and Education (MSU/CRRE). Before joining the CRRE team, Nick had a career with British Railways, supply chain management, and executive education. MICHIGAN STATE UNIVERSITY FACULTY from the #1 ranked University for both graduate and undergraduate Supply Chain Management programs for many years (US News & World Report).
Subject matter experts will join for guest lectures and presentations.
For more information on MSU/CRRE and our research, please visit: raileducation.com
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