Financial Daily from THE HINDU group of publications
Friday, Mar 21, 2003
Financial Daily from THE HINDU group of publications Friday, Mar 21, 2003 |
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Corporate
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Human Resources TNT India lines up in-house MBA Anjali Prayag
BANGALORE, March 20 STARTING Thursday, 20 TNT employees in Mumbai are participating in a unique continuing education programme. TNT India Pvt Ltd has tied up with Symbiosis Institute of Business Management, Pune, to initiate an exclusive 18-month in-house MBA programme for its employees. According to Mr Jinendra Sancheti, Managing Director of TNT India, "As 80 per cent of our senior positions are filled internally through promotions we wanted to create an atmosphere of learning and development within the company. We struck upon this idea while talking to SIBM about adding value to an employee's skills." According to Ms Sheel Shenoy, Chairperson, Management Development Programme, SIBM, "Though we have done mini-MBA programmes for other companies before, this is the first time that any company is opting for an 18-month course." The admission process for the course works exactly in the same way as any MBA programme: Any graduate from within the company is eligible to apply. After going through the rigour of the written test and the interview, only a few are selected for the course. Currently, the programme is available only to TNT's western region employees, which means they all assemble in Mumbai for three days a month for the classes. As the course is exclusive to the express company executives, there is a certain level of customisation that the institute has made for the company: Extra emphasis on subjects like logistics, distribution and supply chain management. Some of the top managers in the company are scheduled to take a few classes in relevant fields. Needless to say, the student projects would also be based on the problems of the industry and the company. Some of the case studies would be from the pages of the history of the company, says its managing director. Regarding the fee structure, Mr Sancheti explains that though the company would bear a substantial part of the cost, the employee-students are also expected to contribute a small sum. "This is to ensure the employee's commitment. If the course is free, there are chances of it being taken lightly," he feels. TNT has initiated this programme for employees who are keen on higher studies but could not take it up either for economic reasons or because of lack of time. For two toppers in each course, the company has made a commitment to reimburse the entire fee. And what does the company demand from the employee after pinning the MBA badge on him? Nothing except a year's commitment not to leave the company," says Mr Sancheti. Will this opportunity be extended to employees of other regions? Mr Sancheti feels this would be decided after the first programme is on its feet because "we would like to straighten out the practical difficulties of the programme and see how the students cope with it and then decide about spreading it."
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