The Indian Institute of Management - Ahmedabad (IIM-A) on Monday inked a Memorandum of Understanding (MoU) with US-based Duke Corporate Education to provide "customised corporate education programmes" in India and the Middle East.
"This programme will be a unique intiative and a first of its kind in the country," IIM-A Director Bakul Dholakia said after signing the MoU with officials of Duke CE.
"The customised corporate education programmes are designed specifically to meet the needs of a targeted group of managers in one single company," Dholakia added.
"Duke CE (Durham, USA) is the world's leading provider of customised corporate education in the world, and in collaboration with them we plan to develop high-level managerial talent in India and Middle East," he said, adding that they will also focus on corporates from South-East Asia in the future.
"If India has to achieve a growth rate of 10 per cent, then the corporate sector has to grow by 12 to 14 per cent every year. For this kind of growth the existing managerial pool is not enough. We need to train and develop the skills of top managers of our corporate sector," the director explained.
According to Duke CE CEO Blair Sheppard, "The programmes offered will be short duration courses ranging between 15 days to several months.
"This programme will be customised as per the needs of the corporate clients," he said.