Mumbai, September 19, 2024: In order to launch specialized executive programmes targeted at improving the abilities of mid-level retail managers as well as leadership acumen at the CXO level, the Retailers Association of India (RAI) and the NMIMS School of Business Management have signed a Memorandum of Understanding (MoU). On Thursday, September 19, 2024, at Manning Modern Retail, this alliance was announced.
With this Memorandum of Understanding, RAI and NMIMS are forming a strategic collaboration with the goal of promoting professional development and excellence in the retail sector. This initiative aims to support the competitiveness and innovation of retail firms throughout India by providing mid-level managers with the skills and resources they need to thrive.
The Executive Programmes aim to improve managers’ competence in key areas like conflict resolution, high-performance team building, personal and managerial excellence, and dynamic leadership. The programs are slated to take place at the NMIMS campus in Mumbai or other specified locations. They will use a mix of interactive seminars, case studies, and practical exercises to provide participants real-world experience learning.
Participants in this program will gain advanced managerial skills that are specifically designed to meet the needs of mid-level retail managers. Goal setting, effective delegation, motivation, team management, and leadership in dynamic business situations will all be prioritized. By the end of the program, participants will have gained the skills necessary to handle market dynamics, create high-performance teams, and better align with the vision and values of their organizations.
Kumar Rajagopalan, CEO, Retailers Association of India (RAI), highlighted the importance of this partnership by saying, “The goal of this program is to improve managers’ skills and give them the tools they need to succeed in the challenging retail environment of today. We can’t wait to see how this program completely changes our members’ lives and businesses.”
Prof. Chittaranjan Bhattacharjee, Director of NMIMS, stated, “This program is about skill enhancement, and equipping our managers with the capabilities required to thrive in today’s complex retail landscape,” underscoring the importance of this collaboration. We are looking forward to seeing how this program will revolutionize our members’ businesses.”
