Indian Institute of Management, Ahmedabad (IIM-A) has partnered with the Duke Corporate Education to develop future leaders.
IIM-A in its release said, “For the past seven years, Indian Institute of Management, Ahmedabad (IIM-A) and Duke Corporate Education (Duke CE) have worked together under an institutional partnership forged on our shared desire to develop leaders for the future.”
It said, since the beginning of our partnership in November 2006, we have had some good successes and we have learned a lot. We have also recognized that the business context within which we operate has gone through a number of significant shifts requiring every educational institution to revisit their own strategy and reexamine the role of partnerships in making a difference in the world.
The business education market today seeks rapid aggregation of a varied set of capabilities to address emergent opportunities and challenges. Given this marketplace reality, IIMA and Duke CE have agreed to reframe the nature of our partnership from one that is institutionally bound to one that will be market led. In so doing, we will bring our institutional arrangement to a close effective March 31, 2014. Going forward, we will seek to identify opportunities to bring our complementary capabilities together to deliver differentiated value on a project-by-project basis.
This agreement was reached after careful consideration, a number of conversations, and goodwill from both sides. While we close our institutional arrangement, we do hope to open a new chapter that allows us both to continue to learn together. We will keep you posted of developments as we work to move to this new model.