Amritsar: Indian Institute of Management, Amritsar organized a six-day leadership development program for the Indian Oil Corporation Limited (IOCL). The overarching theme of this Six-Day extended Leadership Development Program (LDP) was “Leading in the Next Normal.
Describing the overall objective of the program, Prof. Vartika Dutta, Chairperson Executive Education, IIM Amritsar, said, “The businesses today are undergoing tectonic shifts due to constant disruptions. The organizations not only need to adapt to the changing needs of the customer but also transform it to sustain competitive advantage in the rapidly changing environment.”
This comprehensive training program was developed after a thorough understanding of the “Saksham- Leadership Competency Framework of Indian Oil Corporation,” which comprises of 8 key Leadership Competencies identified for leading the organization’s successful operations. It had a series of power-packed sessions facilitated by experienced resource persons on all the 8 Leadership competencies, with a particular emphasis on Business Result Leadership, Talent Leadership, Change Leadership, Operational Leadership, and Content Leadership competencies
Addressing the participants of the program, Prof. Nagarajan Ramamoorthy, Director, IIM Amritsar, added that each organization has its own unique leadership model, and it is no one size fits all for different organizations. Prof. Ramamoorthy complimented Indian Oil Corporation Limited (IOCL) for taking human capital development as a serious initiative and accentuated the need for interaction between technology and human capital for creating superior leaders. He emphasized that leaders are both born and made, and such leadership development programs only add finesse to a good leader’s skills. He defined a leader as one looking out for critical process improvements in a changing landscape of complex societal expectations.
Mr. Vippin Kumar Jain – Chief General Manager (e-learning and development) Indian Oil Institute of Petroleum Management (IiPM) also addressed the participants and emphasized that a gamut of skillsets is required for holding a leadership position, including cognitive, interpersonal, business, and strategic skills. He also accentuated that to contribute to superior performance and build a better brand, developing exceptional leaders with a unique set of knowledge ready for adapting to the VUCA world is crucial.
In the wake of global pandemic COVID-19, the program was delivered virtually via VC (video-conferencing) mode from 14-19th Dec’20.