Key Points
Mumbai: India's leading companies are increasingly investing in training their top brass, including chief executives, with the money spent on upskilling surging twofold to fourfold in the past few years to reach the highest levels yet, said industry executives and experts...
A volatile business environment, with rapid technological advances, including artificial intelligence (AI) and newer emerging sectors, is prompting conglomerates such as JSW Group, Adani Group, Reliance Industries, Godrej Industries Group, Vedanta and the Mahindra Group to send bigger batches of senior executives for leadership training, according to the executives...
"We conduct leadership development programmes in collaboration with top universities and educational institutions that assess leaders' capabilities across crucial areas," said Dilip Pattanayak, chief human resources officer, JSW Group..
Sandeep Bhalla, head of consulting business at Korn Ferry, said the main objective behind investing in training senior executives is to enable the "CXOs to embrace the new world and new challenges, bring new perspectives to self-disrupt their business or function and apply innovation to growing the business in turbulent times"...
Vedanta's group chief human resources officer Madhu Srivastava said the top focus areas and learning objectives of such programmes include understanding the intricacies and processes involved in successfully executing a demerger, developing skills to effectively manage and lead through organisational changes, and ensuring smooth transitions during restructuring to minimise disruptions and maintain productivity...
