Ministry of Railways and the Indian School of Business (ISB) signed a Memorandum of Understanding (MoU) for a strategic partnership. It was signed by Vinod Kumar Yadav, Chairman, Railway Board and Professor Rajendra Srivastava, Dean, ISB, in the presence of Railway Board Members & faculty members of ISB.
The comprehensive MoU covers several aspects including executive education programs, developing research opportunities, developing case studies and pedagogical materials, and creating of a future-ready leadership pool for the Indian Railways.
Speaking on the occasion, Vinod Kumar Yadav, Chairman, Railway Board said "I am very pleased to formalize this partnership with the Indian School of Business. This strategic partnership will allow Indian Railways to build leadership talent in a rapidly changing competitive environment. The MoU will also facilitate research in areas of importance to the Railways and make the Railways an innovation and technology driven future-ready organization."
Speaking on the occasion, Professor Rajendra Srivastava, Dean ISB said, "The extended partnership between the Indian Railways and ISB is going to create an important milestone in the country's developmental processes. It is important for the Railway officials to comprehend the nuances of managing the future transformations, and it is here that ISB could offer appropriate learning interventions, develop thought leadership and initiate research programmes to bring up win-win scenarios. I am sure the collaboration between the Railway Board and ISB will go a long way and will benchmark such partnerships."
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