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THINK issue March 2007
This is the first of a two-part write-up
on the Management Development Centre and its programme offerings
and activities.
The Management Development Centre was set up
in 2004 with the objective of building leadership capability at
the senior management level across the Murugappa group. Over the
last 21/2 years since its inception, the MDC has launched several
types of programmes and interventions, with particular focus on
Band I personnel.
Every month, there are 1 or 2 day-long sessions based
on business themes identified as critical to the group. Some examples
of the themes around which programmes are conducted are: Brand Management,
Customer Focus, Organizational Culture, Project Management.
The salient feature of these sessions is that they
are conducted by eminent faculty from leading global universities
and institutions, such as Wharton, INSEAD, Harvard and so on. The
faculty brings several years of teaching and research experience,
and knowledge distilled from consulting and industry practice.
The MDC also organizes practitioner sessions, bringing
in industry stalwarts from various industry sectors and also functional
experts. To quote a few recent examples, Ms. Hema Ravichander -
former Head of HR of Infosys Technologies and currently strategic
HR consultant - did a programme on 'The role of HR in preparing
organizations for the future'. Raghu Pillai of Reliance Retail (he
brings over two decades of experience in retail) shared his views
and experiences on 'The Retail Sector in India'.
As faculty sessions go, the last session held on February
was on 'Brand Management' by Professor Russell Winer from the Stern
School of Business, New York.
The theme-based programmes described above serve the
purpose of building general managerial calibre. The purpose of these
short sessions is to provide our executives exposure to the macros,
functional acumen and in general, insights into a variety of topics
of relevant to them at work in their current and future roles.
Besides, the MDC designs and implements many programmes
that are customized to specific needs. One key objective is to create
a leadership pipeline - essentially, leadership capability at different
levels in the organization, as a long-term investment to enable
business effectiveness and growth. The Fast-tracker programmes such
as the ELP - Emerging Leaders' Programme, and the BLP - Business
Leadership Programme are a part of this initiative.
The second batch of ELPians - 25 people selected after
a rigorous three-stage selection process from among 215 who contested
- was inducted on the 9th of February. On the same day, the previous
batch of participants - of 2005, which was the first batch - received
their completion certificates and awards.
After a 1-day introductory module, the participants
went through an Outbound Learning programmme at Pegasus - near Bangalore.
This was a module specifically customized for this programme, in
partnership with IIMB. It was a mix of experiential learning through
outdoor exercises and discovery of self and the dynamics of teams
through psychometric instruments, and discussions.
The 5-day programme was a period of intense learning
for the participants through introspection, feedback from peers,
and observation of group processes and behaviour.
Some comments sent in by the participants after the
programme are quoted below:
1. It was a wonderful experience in Pegasus. The learning
cycle through the exercises and the reflection mode ensured that
I was involved in every moment of the discussions actively. The
way we discovered ourselves and others was excellent.
The successful moments in activities, humorous moments
we had after the exercises were even more entertaining. Of course,
there were some hard moments also in some failures, sharing of unpleasant
experiences which in the normal course I would not have shared.
It was truly a tough outing but a wonderful experience.
2. It was a great experience and fun at Bangalore.
I shared the joy of learning made in the form of presentation which
will help me create positive vibes, which, I am sure will help me
change my inner self for the good.
The ELPians are now busy learning online through Universitas
21(U21). Going by the response of last year's batch, this mode of
learning, though rigorous and time consuming, is a great learning
experience. It not only introduces concepts, but also simulates
a classroom experience, and brings them in contact with people from
different backgrounds based in locations across the world.
Another new idea introduced for the current batch
is the formation of support groups to learn the Basics of Finance.
Five of the ELPians, who are from the Finance function, have been
nominated as facilitators. They will conduct sessions on Basics
of Costing, Accounting, Finance and Taxation. They have also compiled
reading material to aid the participants.
This has been initiated by MDC as a part of the ELP,
in order to create basic literacy in Finance and to ensure that
all participants are at a common level of understanding when they
participate in the 1-week Executive education programme at IIMB
later during the course of the ELP. MDC is facilitating this initiative
by providing background material, providing access to e-learning
courses in Basic Finance, which all the ELPians will complete, and
also providing assistance in structuring the teaching and facilitation
sessions.
Thus, the MDC, in all its initiatives, strives
to innovate and introduce creative ideas, means of learning and
new and emergent learning and knowledge dissemination platforms.
Initiatives such as the Fast track programmes build capability and
raise the bar for participants and their businesses, and also ignite
the ambition and aspiration levels of participants. Given consistent
and continuous challenges from the business, the increased capability
coupled with higher aspiration levels can be channelized to advantage.
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