They have inked an MoU for long term collaboration in various areas of business and organisational development
Lucknow: The Indian Institute of Management, Lucknow(IIM-L) has signed a memorandum of understanding with the Power Grid Corporation of India for long-term collaboration in various areas of business and organisational development for the state-run utility.
The MoU was signed by Power Grid Corporation of India Executive Director (HRD) Rajendra Singh.
After the agreement, IIM-L will organise management development programmes for senior and middle-level executives of Power Grid Corporation of India in the areas of leadership development, strategic management and competency development.
The company can also nominate its executives to various short and long-term programmes at IIM-L to hone their skills.
The MoU will benefit IIM students in terms of consultancy, internships and others.
They will also sponsor research and conferences taking place at IIM-L. The main objective behind this is to share the advancements, best practices as well as learning from other leading global organisations in the industry.
According to IIM officials, an innovative area of collaboration will be to jointly explore international assignments in the area of capacity building, institution development and training and development programmes.