Indian Railways Return to UofT’s Rotman School of Management.
Toronto – For the second year in a row, a program at the University of Toronto’s Rotman School of Management will provide a look at the latest trends in management thinking and transportation for 40 senior managers from The Indian Railways, the second largest railway network in the world. Managers, from the finance and human resources functions of The Indian Railways, will be in Toronto from September 22 to October 4.
The two week program will provide participants with focused classes in finance, human resources, strategy and marketing. In addition to the classroom-based activities, the participants will have site visits to transportation and logistics firms.
“The Indian Railways have underwent a grand transformation in recent years becoming one of the most successful transportation companies in the world,” says Prof. Dilip Soman, Corus Chair in Communications Strategy, at the Rotman School, who is the academic director of the program. “Education and training, such as this program, are important for the company to continue its renaissance.”
The Indian Railways is the second largest railway network in the world and the largest civilian organization under a single management. It carries over 13 million passengers and 1.2 million tons of freight every day, runs 12,000 trains daily with nearly 8,000 Railway stations.
The Rotman School of Management at the University of Toronto is redesigning business education for the 21st century with a curriculum based on Integrative Thinking. Located in the world’s most diverse city, the Rotman School fosters a new way to think that enables the design of creative business solutions. The School is currently raising $200 million to ensure Canada has the world-class business school it deserves. For more information, visit www.rotman.utoronto.ca.
This explained why we were seeing so many well dressed Indian men & women in the School over the weekend. I has initially thought that Rotman had rented out our CIBC Hall on 3rd floor for some Indian business meeting..
Later, I was able to collect some more info from Prof. Dilip Soman. This program was previously being done at NYU-Stern & Prof. Soman was instrumental in getting this program to Rotman.
Indian Railways has been a life-line of sorts for India, ever before Independence. So much so that there's a separate Railway Budget presented by the Central government.
It has been performing brilliantly well of late, very much inline with the economic boom in India. Contrary to most of the PSUs (Public Sector Undertakings) that have crumbled post liberalization, Indian Railways has been one of the few organizations that was able to capitalize on the booming economy.
Imparting top-class business education to top management is one facet of its willingness to innovate & revamp itself. But I think this is one the most important steps towards nurturing a better organization. Its this top management that's going back to implement new strategies to increase profits & at the same time move to around tonnes of freight & millions of Indians at least possible prices.
This program is going to be a good image building for Rotman as well. Now you know Rotman is behind all those innovations Indian Railways is going to roll out in the coming years. Hope delayed trains will be a thing of the past soon.. :)
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