SHILLONG, OCT 14: In the upcoming trends of the world looking towards India and China as drivers of global growth, Rajiv Gandhi Indian Institute of Management Shillong (IIM-S), India and Ocean University China(OUC), Qingdao have joined hands to design the first ever Post Graduate Program for Executives – Managing Business in India and China (PGPEx-MBIC).
After the successful international emersion of the previous batches currently in government, private industries and as entrepreneurs both in India and China, the Institute proudly inaugurated its fourth batch on Wednesday comprising of 16 participants from a varied range of industry such as IT, Mining, and Petroleum.
The inauguration session began with introductory remarks chairperson of PGPEx Dr Rohit Dwivedi followed by a welcome address by IIM-S directo Dr Amitabha De who pointed out that despite the recent slowdown in the Chinese economy, the country is still making steady progress.
He also highlighted an education policy in China according to which all PhD students have to return to mainland China irrespective of which part of the world they pursue their studies. He stressed on the need for such policies in India.
The Guest of Honour for the session was Sunil Kharbanda, Vice President SAP Indian Subcontinent, who pointed out that China and India are considered major forces in the global economy and this course would serve the purpose of creating business leaders who have cross-cultural and multi-national managerial competencies to manage businesses across India and China.
He also highlighted the value of human capital and the emerging business trend of keeping the customer in focus, with technology being an enabler and facilitator.
Speaking on the occasion as chief guest, Dr Alka Acharya spoke of how she was pleasantly surprised to know of IIM Shillong’s vision to create business leaders with the capacity and knowledge base of both the Chinese as well as Indian methods of doing business.
She felt that the uniqueness of the program should be followed by other higher education institutes across the country.
Stressing on “What is China, China and India in Competition, and China and India in Partnership, Dr Acharya remarked that “stability is the key element to achieve holistic and sustainable business development.
Both India and China should learn and collaborate with each other for combined progress of the region. Clashes would only pull down the growth.”
While modernisation and development are challenges that both India and China face, it is important to understand the collaborative potential of both countries. She further urged the participants to understand the Chinese minds while getting themselves engaged in learning, more so during their stint of internship while in China.
The 14 month PGPEx program on Managing Business in India and China is a fully residential program spread across IIM Shillong and OUC campus.
The structure of the program primarily aims at providing individuals ample opportunity to learn time-tested general management principles as well as current best practices relevant for conducting trans-national business with focus on practical learning through internships and industry visits in both the countries.- By Our Reporter
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