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Management Development for the maritime sector
Shipping plays a vital role in facilitating international trade and thus has a major impact on global economic growth. Yet, shipping remains essentially a service industry, which is characterized by heavy competition and boom-or-bust cycles. In such a business environment, the competitive advantage for any organization is its people. Sustained profitability, as indeed the very survival of a Company, may well rest on the competency of its Managers and Executives in managerial positions, who in the words of Peter Drucker, are “the dynamic life-giving element in every organization”.
The managerial capabilities of this cadre thus become a matter of paramount importance. Management positions are often held by persons highly qualified and skilled functionally, but they may or may not have the advantage of formal management training. Thus there exists the likelihood of acquiring a narrow focus to cope with hectic work schedules and meeting of deadlines, which can be detrimental to managerial effectiveness in the long run.
Management Development Programmes provide an opportunity for Managers to enhance their managerial competencies. Sharpening of analytical skills, having a wider and more objective view of the working environment, and improved judgement and decision-making are the ‘take-aways’ of such programmes. A high level of customization of an MDP for the maritime industry allows for direct application of the learnings in the field of work.
These are the unique features of the Programme “General Management for Shipping”, which makes it the ideal vehicle for management development in the maritime sector.
The programme : “General management for shipping”
The Indian Institute of Management, Ahmedabad, one of the world's best B-schools, and International Maritime Training Centre, a leading provider of top-end maritime training, have been collaborating since 1999 to bring management training to the maritime sector. IIMA and IMTC share a common philosophy of marrying concepts with practice, and their Programme “General Management of Shipping” has received world-wide acclaim for its richness of content and quality of delivery. This is their 13th offering of the Programme ; around 500 senior managers and executives from a wide cross-section of the maritime industry have benefited from the Programme since its inception.
Objectives of the programme:
This Programme aims at providing to the participants :
- an understanding of the core General Management concepts and their application in an integrated manner in the Maritime Industry
- an enhancement of decision making skills by analyzing situations and developing a strategic perspective
- an opportunity to develop a broader understanding of the industry through an exposure to its different sectors and interaction with personnel from other shipping-related organizations.
Contents of the Programme :
- The role of Management in Shipping
- People / Human Resource Management: Managing Performance, Conflicts, Change, Teamwork and Leadership, Cross-cultural Issues, etc.
- Finance Management: Financial Accounting, Investment Analysis, Financial Risk Management.
- Knowledge Management: Role of IT in Shipping, Management Information Systems.
- Operations Management: Managing Projects, Fixtures, Process Improvement, Crises Situations
- Logistics Management: Understanding the customer's supply chain and the role of shipping.
- Marketing Management: Core Elements of Marketing, Marketing Strategy.
- Managerial Communications: Business presentations, Public address, Corporate communication.
- Strategic Management: Competitive Strategy, Business Policy
- Stress Management and Personal Development
Who can attend this Programme?
Personnel in the upper or middle management cadre, ashore & afloat, working in :
- Ship Owning and/or Operating Companies
- Shipping Agencies / Freight Forwarding / CHA's
- Banks and Ship Financing Institutions
- Regulatory Bodies / Classification Societies / Surveying Firms
- Chartering and Brokering Companies
- Marine Insurance Companies
- Ship Management & Manning Companies
- Maritime Training Institutions
- Commercial Management Companies
- Shipyards and Ship Repair Firms
- Consultancy Firms / IT services
- Any other organizations having or intending to have an association with the maritime industry
Faculty:
IIMA IMTC
Prof. Deepti Bhatnagar Capt. Vijay Barve
Prof. G. Raghuram Mr. Vijay Gaitonde
Prof. Arvind Sahay Capt. Y. Sharma
Prof. Sidharth Sinha Capt. Umesh Shedde *
Prof. Chetan Soman Mr. Deepak Degadwala *
Prof. Neharika Vohra Capt. S.D. Deshmukh *
* guest faculty
Nominations; Programme Fee:
The Programme tution fee for Indian residents is Rs.25,000/-, (plus Service Tax as applicable). Additionally, Rs. 28,900/- is payable towards logistics costs on single occupancy basis (Rs. 25,400/- if double occupancy is opted for). For foreigners and NRI's, the consolidated fee is USD 1,575/- on single occupancy basis (USD 1425/- if double occupany is opted for). Transport from IMTC to the venue and back is complimentary.
Nominations must reach Mr. Vijay Gaitonde at IMTC (email: vijay.gaitonde@wilhelmsen.com) as early as possible to avoid disappointment. Payment of the programme fee & logistics costs should be made immediately after intimation of acceptance of nominations by the Programme Co-ordinators. The Payment should be made by Demand Draft (or Local Cheque) in favor of "International Maritime Training Centre" , payable in Mumbai . Nominations can also be faxed on +91-022-25705547.
The last date for nominations or cancellations is: 19 January 2009
Programme schedule, venue and accomodation
The progamme will usually commence at 1400 Hrs on Sunday, and end at 1300 Hrs on the following Sunday (1 week). The curriculum of the programme necessitates that it be fully residential, as sessions will go on till late evenings. The venue will be Modi's Resort, Karjat, which is nestled amidst foothills of the Khandala ghats, and provides a calm and peaceful environment conducive to learning. Accommodation will be provided on single/double occupancy basis (as requested) in well-appointed A/C rooms. The driving distance from Mumbai to the Resort is around 90 Kms (two hours). For the convenience of the participants, a Bus will be leaving from the IMTC premises ('SIGMA', Hiranandani Gardens, Powai) for the Resort. Those wishing to travel on their own may please contact IMTC for directions.