TAOISEACH Enda Kenny announced yesterday that the Irish Management Institute (IMI) and UCC have agreed an alliance that will “transform business education in Ireland”.
The agreement yesterday stopped short of a full merger which has been the subject of talks going back to 2009.
Speaking in Dublin, Mr Kenny described the development as “significant and welcome as it has the potential to greatly improve the capacity of Ireland’s companies to compete internationally”.
The alliance would help “to position Ireland internationally at the forefront in management innovation and build our reputation for leadership in business,” he said.
The move represents a deepening of the relationship between the two organisations that goes back to 2009 and which is expected to result in a merger of the two institutions in line with decisions taken by both governing bodies.
UCC president, Dr Michael Murphy, said there was “a synergy and vision at the heart of this alliance” that both sides fully share.
“Our joint objectives are simple, to integrate leading research into teaching to enhance the overall quality of Irish management and in the process to make Ireland a leading location for executive education,” he said.
“This process of continuous development and re-training of people is vital to creating a flexible workforce for Ireland Inc,” he said.
IMI chairman Dr Phil Nolan said: “A central goal of this alliance is to create an Irish institution that is ranked as one of the top 20 executive schools in the world within a decade.”
Both organisations have the ambition and capability to place this country at the top in management education internationally and to help rebuild the reputation of Ireland for leadership in business, he said.
The alliance will establish a UCC presence in Dublin and both institutions will work together on research, teaching and delivery of world standard education programmes.
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