It's never too late to learn. Around 24 senior officials of Indian Oil Corporation, Hindustan Petroleum Corporation Limited, NTPC Limited, Indian Farmers Fertiliser Cooperative Limited, Bharat Electronics Limited and Power Grid Corporation of India Limited huddled in a classroom for two weeks at Management Development Institute, Gurgaon.

The fully residential programme allows the participants to disengage themselves from the day-to-day pulls and pressures and engage with, absorb and reflect on the inter-disciplinary training they are made to undergo.

The theme for this year's Advance Management Programme was ‘Charting Out the Next Orbit for Sustainable Global Business Practices'.

“In today's ever-changing global market, the relevance of building responsible and sustainable global cultures has never been more apparent. This year's AMP has thus chosen this theme and efforts will be made to discuss sustainable global business practices needed to move into the next step of growth, success and prosperity,” said Prof Ashok Kapoor, program director for 2011.

Decision Making

In the two weeks, they discussed decision making in an uncertain environment, doing business with the European Union, marketing in a global economy, leadership and emotional intelligence, linking IT with strategy and opportunities and challenges in e-business.

Now they are off to Europe to interact with business schools and industries there. They will visit European School of Management, Paris and Berlin; Frankfurt School of Finance & Management, Germany; SDA Bocconi School of Management, Milan, and HHL-Leipzig Graduate School of Management, Germany. A few industry visits have also been organised. Earlier, the visits included Fiat, Piaggio, ArcelorMittal, Volkswagen and Epernay Champagne.

The programme directors this year are Prof D. P. Goyal and Prof Ashok Kapoor. The fee for the Indian phase is Rs 1,35,000 and that of the Overseas Learning Programme is Rs 2,60,000.