Mumbai: The Confederation of Indian Industry (CII), the Indian School of Business (ISB) and GE joined hands recently to launch an executive education programme aimed at positioning and enabling compliance professionals as strategic business partners.
The Compliance Management Programme is designed for professionals from functions such as human resources, company secretaries, finance, quality, legal, regulatory, environment health and safety in a variety of industries especially SMEs and suppliers to global programmes, pharmaceuticals, IT companies, growth phase startups. This unique partnership will provide public and private sector participants an opportunity to experience and interact with each other apart from subject matter experts to understand and the underlying challenges in compliance management and thereby upskill their ability to advance corporate governance in Indian corporates.
ISB, a premier management institute that has set new benchmarks in executive education in India will augment the course with its excellent management faculty as compliance officers step up to take their place as senior management as part of its Centre for Executive Education (CEE) portfolio. The faculty will consist of eminent academicians, legal and compliance experts and industry, both local and global.
The two-phase programme is scheduled to commence in July 2016, and will include ten days of classroom training at the Mohali and Hyderabad campuses of ISB, interspersed with self-study and practical projects. The ISB is offering the course at a competitive price of Rs. 2, 25,000 per participant plus service tax, for the inaugural batch.
Announcing the collaboration, Dr. Naushad Forbes, President, Confederation of Indian Industry (CII) and Co-Chairman of Forbes Marshall, said, “The business environment in India is undergoing a significant transformation characterized by increased regulatory enforcement, government scrutiny and market uncertainties. We believe that companies will benefit immensely from the Compliance Management Programme by equipping their management with the skills and exposure to establish and develop necessary norms that will improve ethical practices and transparency in business. Professionals who undertake this course and apply the learning outcomes will take themselves and their organizations one step closer to becoming good corporate citizens.”
Commenting on the MoU signing, Professor Rajendra Srivastava, Dean, ISB, said, “In an increasingly complex and dynamic business environment where corporate decisions are in the public and global scrutiny, the requirement for good corporate governance, and its impact on business performance among Indian corporates has never been greater than today. The course is perfectly aligned to ISB’s goal of balancing theory with practice and imparting education that will impact scholarship, practice and policy. We firmly believe that participants of this course will, in the years to come, contribute significantly in turning around the global perception of doing business in India.”