The Administrative Staff College of India launched a 24-week “Certificate Programme in Business Management” for the Officers of Armed Forces in its Bella Vista campus in Hyderabad on June 8, 2015.
The Directorate General of Resettlement (DGR), Department of Ex Servicemen Welfare, Ministry of Defence, Government of India, awarded the program to ASCI with an objective of enhancing the managerial capacities of the officers coming out of the defence services, so that they would be ready for a successful second career in the various functional management disciplines of the corporate sector.
"The envisaged outcome of the Program is the smooth and successful transition of the defence officers into their second career. This Program enhances the prestige and standing of ASCI as a public purpose institution committed to the common good and national development. Through this first-of-its-kind initiative, College joins the league of popular institutions like the Indian Institutes of Management in contributing to the career development of our defence personnel," ASCI Director General Mr. Ravi Kant said.
The chief guest of the inaugural session, Mr. Nanda Kishore, Executive Director of Ramky Estates, observed that the corporate sector is looking for high standards of discipline, integrity, commitment and courage. "Thus the armed forces officers have the natural advantage in the corporate sector," he said.
Mr. Nanda Kishore, an Associate Member of Institute of Cost Accountants of India, and an Alumni of The IIM Kozhikode, made a parallel between the battlefield and the corporate sector. "Like the battlefield, things are very dynamic in the corporate sector, where decisions should be changed to counter the rivals effectively." He proposed 'PEAS' (Prepare, Encounter, Adjust and Stabilize) for the participants for smooth transition of the officers into the next career.
"The Program modules integrate the extant economic, social, cultural, financial, technological, regulatory, human, organizational, and environmental aspects into the instruction, so that the learning by the officers is wholesome, enabling them to comprehend and address the current-day issues and challenges before the business enterprises, better," ASCI's Dean of Training Programs Prof. M. Chandrasekhar said.
"Nine officers of the Armed Forces, of the ranks of Colonel and Lt. Colonel (Indian Army), Group Captain, Wing Commander and Squadron Leader (from the Indian Air Force) and Lt. Commander (from the Indian Navy) who have distinguished themselves in their defence careers are attending the Program," the Program Directors Dr. Nirmalya Bagchi and Mr. Dushyant Mahadik said.