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Earlier this year, multi-asset broker Exness launched the Middle Management Excellence Program (MMEP), with
the purpose of boosting its department heads' expertise in strategy, organizational design, innovation, and
overall management skills. At the core of this program was a collaboration with Stanford Graduate School of
Business.
In July, 20 HoDs from Exness traveled to participate in faculty-led sessions at the Stanford Graduate School of
Business. During the sessions, they had the opportunity to learn from world-class experts and acclaimed authors
in key fields such as leadership, self-coaching, tackling change, analyzing complex data, and decision making, as
well as the role of trust and humility in an organization.
Launched in April 2023, the program was designed to provide a combination of self-paced modules, live online
sessions, in-person sessions and a closing ceremony at Stanford Graduate School of Business. It set out to enable
Exness' middle management to apply innovation and design thinking in process improvements in their own functions.
At large, it aimed at empowering Exness to shape the future of organizational structure and culture to ensure both
continuity and growth.
The program was divided into 3 courses: Strategic Leadership, Designing Organizations for a Culture of Innovation,
and Leading Effective Teams. It spanned four months, from April until July 2023.
"The MMEP was designed to guide our collaborative group of change managers to lead Exness based on their
functional expertise and strategic oversight" Elena Krutova, Exness Chief Administrative Officer, stated.
"Its purpose transcends their own responsibilities; their newly-acquired skills and knowledge will help the entire
organization in terms of productivity, idea generation and product development. We also expect to see an improvement
in communication between employees, teams, and divisions, but, most importantly, in the management and motivation
of teams. Having spoken with our MMEP graduates, I have learned that the four months spanning the program were
incredibly insightful and valuable to their development and I cannot wait to see them implementing what they have
learned", Mrs. Krutova concluded.
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