11 April 2017 12:41:32 IST

IMI New Delhi signs MoU with Power Grid Corporation of India Ltd

The purpose of this move is to look at future academic and industry collaboration

IMI New Delhi recently announced its association with the Power Grid Corporation of India Ltd. The collaboration aims to form a symbiotic relationship between the two institutions so that they can excel in strategy, planning and execution while garnering resources from each other.

Management development programmes for Power Grid’s senior and middle-level executives will be designed in the areas of leadership development, strategic management, innovation and creativity. The tie-up will also plan for competency development of executives in the form of advanced management programmes.

Speaking on the occasion, Debashis Chatterjee, Director-General, IMI New Delhi, said: “We are happy with this association. Our MoU signifies a joint collaboration in terms of organising meetings and conferences, conducting training programmes, and carrying out research work on the power sector for Power Grid. One of the areas of research could be increasing power consumption in rural areas. The purpose is to look at academic and industry collaboration, meeting of minds and building relationships.”

The pedagogy and the curriculum will be designed by IMI New Delhi, and will include courses such as an Executive General Management Programme (a one-year, part-time programme for senior and middle management executives) and short-term certificate programmes on leadership, operations, finance, strategy, innovation and marketing.

Whilst IMI New Delhi stands to gain in terms of sponsored research, conferences, case studies, case competitions, and so forth, the expertise of the IMI New Delhi faculty may also be tapped by Power Grid in dealing with challenging consultancy projects.