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These topics include hot button issues NACS is watching closely, as well as topics that are important to convenience retailers and their businesses.
Date: November 1-6, 2020
Location: MIT Sloan School of Management | Massachusetts Institute of Technology, Cambridge, MA
Harness the Power of Innovation
NACS Innovation Leadership Class of 2019
Building on MIT’s prestigious reputation and innovative culture, this program combines research-based management frameworks with practical hands-on experiences, and offers networking opportunities for top-tier convenience industry leaders. Attendees (from retail companies only) will directly apply methods and frameworks to their own businesses – to build innovation capability and improve business results.
Held on MIT’s campus, the NACS Innovation Leadership Program offers convenience leaders the opportunity to:
The power of innovation at MIT can’t be denied. A 2015 research study determined that MIT alumni have created over 30,000 companies with over 4.6 million employees and nearly $2 trillion in annual revenues – which would be the world’s 10th largest GDP if measured as a country.
For any questions, or to request more information, please contact:
Education Program Manager
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“It was a wonderful experience. Mentally powerful and rewarding, also exhausting. Thanks to NACS for staying focused on our industry and helping raise the tide with education courses like this.”
-Joey Hobson, VP Marketing, Maverik, Inc.
“As a life-long learner, and someone who desires to constantly sharpen the saw, I see tremendous value in this program. I plan on attending Cornell next, and will send several more of my team members to these courses.”
-Gary Price, VP of Operations, Love’s Travel Stops & Country Stores
The NACS Master of Convenience designation acknowledges the hard work and investment NACS members have made in their personal leadership development. It is awarded to convenience retailers who have attended 3 or more of the 5 NACS Executive Education programs. For questions, contact Brandi Mauro, NACS Education Program Manager: firstname.lastname@example.org or (703) 518-4223.
Who Should Attend?
Presidents, CEOs and VPs within forward-thinking, innovation-seeking retail companies that are leading the convenience and fuel retailing industry.
Participating Companies Include
The NACS Innovation Leadership Program at MIT is designed to be relevant, engaging and useful to senior level executives who are interested in driving innovation across their firms, particularly in the areas of:
The program integrates lessons and tools drawn from the worlds of strategy, design thinking, digitalization, machine learning, ecosystems, neuroscience and organizational psychology. This is a program not just about creativity, ideation, or managing the product development process. Other elements of the program include: Exposure to the MIT Ecosystem and Exposure to NACS Program Endowers.
Participants leave with a change plan focused on implementing selected innovation opportunities in their organizations.
Check out the sessions from last year’s program. The 2020 sessions will be posted once confirmed.
Design Thinking & Service Process Innovation (S. Eppinger)
Successful innovation based on three factors – customer desirability, technical feasibility, and business viability. Structured practice for systematic design and development.
Innovation Leadership & Culture (C. Chilton)
Engaging innovation from workforce via 3 intersections: Skills (‘Able To’), Motivation (‘Want To’), Autonomy (‘Allowed To’).
Innovation Strategy: Thinking Clearly About Disruption (P. Azoulay)
A set of choices for dealing with new competitors – based on the nature of the competition. Why we are slow to respond and what to do about it.
Operational Model Innovation (Z. Ton)
Developing a high integrity/high commitment operational culture.
Artificial Intelligence and Machine Learning in the Supply Chain (D. Simchi-Levi)
Trends in supply chain digitization; implications for you and customer experience.
Working Harder/ Working Smarter (S. Dodge)
Designing work as a capability, focusing employees/increasing accountability, implement innovative change, especially in management processes.
Digital Business Models (N. Fonstad)
Strategic framework based on balance of customer objectives to supply chain/partners.
Innovation Portfolios (N. Fonstad)
Applying a ‘test & learn’ approach across diverse types of innovation to identify sources of value.
Customer Centric Thinking: UI/UX (R. Gosline)
Unpacking the customer journey as not just a process, but a set of linked behavioral decisions.
Implementation Challenges in Making Innovation Happen (R. Fernandez)
3 Lenses of Change.. Your Brain and Theirs – bringing others along; addressing both organizational and personal obstacles.
To get a better understanding of the schedule for the week, take a look at the Program Curriculum (PDF). The curriculum is subject to change.
The NACS Innovation Leadership Program takes place on the campus of MIT and is administered by faculty of the Sloan School of Management. Check back periodically to meet the 2020 presenters.
Registration for the 2020 Innovation Leadership Program is now open!
NACS Retail Member - $3,995
A tuition endowment from Gilbarco, Mondelez, PDI, and Shell makes this program most affordable for all participants. Program tuition is $3,995 which includes instruction, course materials, and scheduled meals.
Please note: Registration is limited to retailer, distributor, and state association member companies only. State Associations, please contact Brandi Mauro at email@example.com to register.
Scheduled meals are included in the total cost of the program, but lodging and travel are not included. Participants are responsible for their own hotel accommodations and travel. NACS has reserved a block of rooms at the Boston Marriott Cambridge at a special rate for NACS Innovation Leadership Program attendees from Saturday, October 31 through Friday, November 6th: $309 per night, plus all applicable taxes/fees. The last day to receive the discounted rate is Thursday, October 1st, 2020.
Boston Marriott Cambridge
Cambridge, MA 02142
To make a reservation, call Marriott Central Reservations at 1-800-228-9290 and say you are with the NACS Innovation Leadership Program room block. Each individual guest will be responsible for all room, tax and incidental charges and will be asked for a credit card when making the reservations. Guests will also need to present a credit card upon check-in. If any guests are Marriott Bonvoy members, please remember to include your account number when making your reservation.
Attendees are also welcome to make reservations at a hotel of their choosing. For any questions regarding hotel accommodations, please contact Erin Garay, Meetings & Registration Coordinator, at (703) 518-4244 or firstname.lastname@example.org.