Beginning from 27th May 2013, 30 Executive Directors and CEOs of the leading nationalized banks of India will undergo an orientation programme on leadership, at the Indian Institute of Management Kozhikode.
The two and half days workshop will be directed and taught by Prof. Debashis Chatterjee, Director, IIM Kozhikode and his colleagues from IIMK.
Rajiv Takru, Secretary-in-Charge of Banking in the Ministry of Finance, Government of India will also teach in this programme.
A crisis of leadership in the global banking industry was glaringly evident in the recent financial crisis. Many large institutions failed to transform the unfolding events into strategic opportunities. In the aftermath of the crisis, Indian banks too are faced with unprecedented challenges. The economic landscape has deteriorated, the regulatory frameworks are fast changing and there is immense pressure from competing stakeholders to deliver on conflicting objectives. Leaders in the banking industry have to recognize and meet the expectations of customers, shareholders, analysts, regulators, government and society at large. In this scenario, it is critical for leaders of banks to have a clear understanding of their vision, values and purpose along with the environmental imperatives that confront their organizations. IIM Kozhikode has designed a unique two and a half days' workshop for CEOs and senior leaders of banks to re-assess their mission, re-strategize their businesses and reclaim the mantle of leadership in the economy.
“This workshop assumes immense significance in view of the crisis faced by the banking industry in India and the rest of the world. Our aspiration is that this workshop will sensitize the captains of the banking industry about the role of human values and professional ethics in the financial service sector”, said Prof. Debashis Chatterjee, Director of the workshop.
The broad themes of the workshop are:
1. Macro challenges faced by the banking industry;
2. Dealing with environmental challenges - economic, social and political factors;
3. Good corporate governance – from compliance to opportunity;
4. Enterprise risk management to minimize risks and maximize growth;
5. Solving the Bank CEO’s Most Persistent Problem: Technical versus Adaptive Leadership;
6. Leadership in Response to Time and Stress;
7. Values that Sustain High Performance Leadership in Banks;
8. Crafting Goals, Priorities and Purpose.
The workshop will be attended by the future Chief Managing Directors (CMDs) of Allahabad Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, Syndicate Bank, UCO Bank, Union Bank of India, United Bank of India, and the Vijaya Bank.
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