With a vision to create an ideal institution for PSU employees and develop a public sector cadre of professionals, the Standing Conference of Public Enterprises (SCOPE) will establish an Academy of Public Sector Enterprises (APSE) from July.
SCOPE, an apex body representing the central government public enterprises, also has some state enterprises, banks and other institutions as its members.
The first-of-its-kind training programme by SCOPE’s Academy of Public Sector Enterprises will make the executives globally competitive in a market-driven environment and strengthen their engagement with various stakeholders.
APSE has been envisaged to impart comprehensive integrated training to executives of PSEs on the lines of Lal Bahadur Shastri National Academy of Administration, Mussoorie, says UD Choubey, director general, SCOPE.
Initially designed for induction-level executives, Choubey says APSE will later include middle- and senior-level executives of PSEs. “The academy will help them face challenges of the changing business environment. They will become well versed with the entire functioning of different genres of CPSEs. This will familiarise them with any kind of business challenges regardless of the sector they belong to,” he adds.
“With this academy CPSEs will have a cadre of its own with vast sectoral knowledge,” he says.
The academy also aims to provide insights into public sector background, culture, ownership structure and global perspectives on technological advances, operational proficiency, financial markets and human resource development.
Choubey says even though all the CPSEs have their own training centres, the training programme at APSE will integrate facilities to executives familiarising them with the genesis of public sector, policy aspects, succession planning, governance structure and leadership aspects for a holistic development.
The faculty of the academy will include industry experts, academicians, CEOs of PSEs and professionals with domain expertise. The academy will also consult foreign universities like Harvard and Oxford for collaboration.
The academy will start with a two-week training programme for the employees at the entry-level and for those with a few years of experience. Later, it plans to conduct training programmes for senior- and higher-level executives for longer duration. It will be established at the SCOPE Minar in east Delhi. But the academy will have a bigger campus for its residential programme.
The training module will help executives in transition from academics to the world of work and will also highlight operations management, product innovation, finance management system, corporate governance and corporate social responsibility, says Choubey.
Educational Consultants India Limited (Ed.CIL), a mini ratna CPSE, has helped in drafting the curriculum.
A steering committee including senior executives from the public sector enterprises, chaired by MMTC chairman and managing director Ved Prakash, was formed to standardise the modules of the programme to meet the high expectations of CPSEs. It also asked CPSEs for their recommendations on the same. The steering committee had recommended that the selection of the executives for the programme should be based on the nominations provided by various CPSEs. As a result, all 298 public sector enterprises have been asked to send in their nominees by May-end.
(The article appears in May 1-15, 2016 edition of Governance Now)