Pro­gram to boost de­vel­op­ment of au­to­mo­tive sec­tor launched

China Daily (USA) - - SHANGHAI - ByWANGHONGYI in Shang­hai wanghongyi@chi­nadaily. com.cn

A new Sino-US ed­u­ca­tion pro­gram that aims to pro­mote the de­vel­op­ment of the Chi­nese au­to­mo­tive in­dus­try was re­cently an­nounced in Shang­hai.

The Au­to­mo­tive Ex­ec­u­tive De­vel­op­ment Pro­gram was jointly launched by the UM-SJTU Joint In­sti­tute and the Univer­sity of Michi­gan Ross School of Busi­ness.

The UM-SJTU Joint In­sti­tute was es­tab­lished by Shang­hai Jiao Tong Univer­sity and the Univer­sity of Michi­gan with the ob­jec­tive of pro­vid­ing a world-class in­sti­tute for the train­ing of global in­no­va­tion lead­ers in China.

The Au­to­mo­tive Ex­ec­u­tive De­vel­op­ment Pro­gram aims to bol­ster the de­vel­op­ment of China’s au­to­mo­tive and smart car in­dus­tries by invit­ing renowned pro­fes­sors and schol­ars to share in­no­va­tive ideas and in­sights with Chi­nese au­to­mo­tive ex­ec­u­tives in ar­eas such as strate­gic plan­ning, fu­ture busi­ness trends, or­ga­ni­za­tion and man­age­ment mod­els, and con­sumer re­search.

The pro­gram is de­signed for se­nior man­agers and busi­ness lead­ers with more than 10 years of man­age­ment ex­pe­ri­ence in the au­to­mo­tive and re­lated in­dus­tries such as sup­ply, tech­nol­ogy, fi­nance, bank­ing, and merg­ers and ac­qui­si­tions.

Par­tic­i­pants of the pro­gram — it ac­cepts around 25 peo­ple per co­hort — get to em­bark on a twoweek im­mer­sive learn­ing ex­pe­ri­ence in North Amer­ica where they will visit fa­mous en­ter­prises and en­gage in high-level ex­changes with aca­demic experts. Or­ga­niz­ers said that the pro­gram will help par­tic­i­pants bet­ter un­der­stand the causes and pro­cesses of changes in the au­to­mo­tive in­dus­try and master the strategies in­volved.

Huang Peisen, the dean of the joint in­sti­tute, said that the au­to­mo­tive in­dus­try will be play­ing a ma­jor role in achiev­ing in­no­va­tion­driven trans­for­ma­tion and up­grad­ing in the man­u­fac­tur­ing in­dus­try as part of the “Made in China 2025” ini­tia­tive. In or­der to bet­ter sur­vive and de­velop in the global au­to­mo­tive mar­ket, China’s auto in­dus­try and pro­fes­sion­als must un­der­stand fu­ture trends, pick up new knowl­edge and im­ple­ment added.

“We will con­tinue to im­prove the qual­ity of ed­u­ca­tion and in­tro­duce more mul­ti­dis­ci­plinary ed­u­ca­tion pro­grams in the fu­ture so as to meet in­dus­trial de­mands for highly skilled pro­fes­sion­als,” Huang said.

“In ad­di­tion to the lat­est man­age­ment re­search and the­ory, the pro­gram also pro­vides prac­ti­cal meth­ods and tools for China and the global mar­ket. It helps se­nior man­agers build a com­pre­hen­sive set of skills,” said M.S. Kr­ish­nan, As­so­ci­ate Dean of the UM Ross School of Busi­ness.

“Par­tic­i­pants will gain deeper and broader in­sight into pro­mot­ing China’s auto in­dus­try in Asia and in the in­creas­ingly glob­al­ized mar­ket upon their com­ple­tion of the pro­gram,” he added. up­grades, he

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