NEW YORK, July 18, 2011 /PRNewswire/ -- PwC US announced today the re-launch of Genesis Park, an intensive and uniquely tailored development program designed to help create the business leaders of tomorrow. The program is an immersive 10-week experience that builds the strategic and cultural skill sets required for global business leaders. PwC re-launched Genesis Park in three locations worldwide - Boston, Singapore and Warsaw – with 45 high-performing PwC staff from 21 countries converging on Boston.
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The Genesis Park program is a part of a larger commitment to learning, education and leadership development by PwC for its people. In the United States alone, PwC invests $190 million annually in training and development. PwC has been ranked as the #1 training organization by Training magazine for three years in a row.
"Genesis Park transforms talented professionals into leaders," says Bob Moritz, PwC's US chairman and senior partner. "It develops the skills required to drive complex, large-scale organizations, but equally importantly, to lead and develop high-performing teams who will ultimately deliver quality service and create value for our key stakeholders."
Now in its tenth year, Genesis Park exposes participants to a complex, demanding curriculum which refines the leadership and teaming skills required to address strategic global problems. Participants focus on resilient and responsible leadership, innovation, issues based problem solving, creating higher performing teams, storytelling, political risk, cultural dexterity and social capital. Unlike traditional classroom-intensive training programs, Genesis Park devotes the majority of the curriculum to real experiences and dynamic, real-time coaching.
The aim of the program is to help participants know how they lead. The program focuses less on technical or academic issues and more on real, strategic challenges facing PwC and its clients. To mirror real-world situations, the curriculum challenges participants physically, emotionally, professionally, and intellectually.
"Genesis Park creates a stimulating environment that helps participants learn how to lead based on their unique abilities and strengths," says Paula Loop, US and global talent leader, PwC. "Participants are exposed to the most pressing, strategic, and global issues and are actively coached on how to react and solve them."
To date, Genesis Park has over 450 alumni from more than 40 countries, of which more than 75 have been admitted to the firm's partnership. There is also a significantly higher retention rate among GP alumni.
About the PwC Network
PwC firms provide industry-focused assurance, tax and advisory services to enhance value for their clients. More than 161,000 people in 154 countries in firms across the PwC network share their thinking, experience and solutions to develop fresh perspectives and practical advice. See www.pwc.com for more information.
© 2011 PwC. All rights reserved. "PwC" and "PwC US" refer to PricewaterhouseCoopers LLP, a Delaware limited liability partnership, which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity. This document is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.
SOURCE PwC
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