NLCIL signs MoU with IIM Calcutta

by Psu Connect
Date: 18-09-24
Ministry of Coal

This MoU is aimed at "Capacity Building" for NLCIL's Senior Executives. The residential training program will focus on enhancing competencies and leadership skills, leading to continuous improvement in quality management systems.

NLC India Limited (NLCIL), a Public Sector Undertaking under the Ministry of Coal, has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Management Calcutta (IIM Calcutta), one of India's most prestigious business schools known for its rigorous academic programs. This MoU is aimed at "Capacity Building" for NLCIL's Senior Executives. The residential training program will focus on enhancing competencies and leadership skills, leading to continuous improvement in quality management systems.

The MoU, signed today, 18.09.24, at IIM Calcutta, will be effective for three years and will enable NLCIL to offer customized training to 50 Senior Executives annually. Shri K. Prabhu Kishore, Executive Director of NLCIL and Prof. Sudarshan Kumar, Project Director, Management Development Programme, at IIM Calcutta, signed the MoU. Shri A. K. R. Saravanabhavan, General Manager/Learning & Development Centre, Shri K. Pandiyan, Dy. General Manager, Learning & Development Centre, Dr. N. Sadish Babu, Advisor, representing NLCIL and Prof. R. Rajesh Babu, Dean, Executive Education, Prof Shiladitya Senbaarat, Head, Consultancy & MDP and Prof. M. Vimal Kumar, MDP representing IIM, Calcutta were present on the occasion.

This collaboration aims to develop an efficient, result-oriented team, strengthen leadership skills, and enhance managerial competencies among senior-level executives. NLCIL has committed to bolster succession planning and leadership development practices and improve the quality and depth of their leadership pipeline for board-level positions.

This partnership is expected to significantly enhance the company's overall performance and competitiveness. By investing in the professional development of its Senior Executives, NLCIL is demonstrating its commitment in building a robust and sustainable organization.