Indian companies are fast cashing in on the growing demand for corporate learning. Online education platform and B-schools are witnessing more takers and executive education providers have also seen a considerable increase in growth rate in enrolments over the last five years.
Sebastian Morris, former Visiting Fellow at the University of Pennsylvania, Philadelphia, USA and currently Currently Professor at Indian Institute of Management and visiting faculty at ESSEC, Paris considers Executive education in many ways unique in his international experience. According to Morris the faculty has a very deep commitment to executive education. He says, ‘Our faculty choose to do executive education. Nobody can ask them to do. So it is as dear to them as their research interest. Therefore the commitment that you see in the class room, in the programs and in engaging with the participants is very deep.
Let me emphasise the role of transformative and continuing education for managers today in India. There are two specific situations that kind of enhance this role. One is of course, many Indian corporate are cadres. They recruit very early and the high rates of growth has meant a mismatch between the number of let’s say senior managers that they need and those that are available. So many of their younger managers would have to be trained up very quickly to take leadership positions to become general managers and so on and be very effective.
The other reason is of course that growth itself has been quite transformative and large. This has put a sudden demand on the Indian managers. Next of course is that Indian managers are anyway in high demand elsewhere and corporate have also to compete for the best of talent here in India’.
Training programmes have evolved from being just a tool for employee skill up gradation to a medium for developing strategic initiatives for streamlining business goals