MEL IN THE PRESS
NOL News
Singapore, 22 July 2002
NOL-TAILORED MASTER'S DEGREE IS AN INDUSTRY FIRST
NOL, together with Erasmus University Rotterdam, today launched a unique Master's
Degree designed specifically for the management trainees of this global
transportation and logistics company.
The Master of Science degree in Economics and Logistics (MSc
MEL) is offered in conjunction with Erasmus University (Rotterdam). It
marries together the experience of the day-to-day working lives of its
Management Trainees globally with an additional theoretical framework and
prepares them for management roles in their career with this global
Singapore-based company.
"We are committed to investing in the skills of our
employees, in good times and not so good times," said NOL Group
President and CEO, Flemming Jacobs.
"In fact, today it is as important as ever to ensure
we are continuously meeting the needs of customers and remaining ahead of
our competition, with the right people, with the right skills to achieve the
highest levels of efficiency and make the most of every opportunity as the
recovery happens and world trade picks up again," he said.
The two-year Masters program is being offered as an
extension to the NOL Group's global Management Trainee Program, a
three-year training course that fast tracks top young graduates to a
management career with the company.
The Master's course modules were selected and combined by NOL to specifically meet the company's needs. Modules include shipping
economics and policy, logistics and supply-chain management, international
economics and information management.
"Our customers will benefit as the knowledge and
skills extend through the company, and the industry as a whole will benefit
from raising the benchmark in the level of knowledge available within the
industry’s ranks," said Mr Jacobs.
"The partnership of NOL and Erasmus is a partnership
between a top global corporation and a top international business school to
benefit the global team of talents joining the NOL Group’s Management
Trainee Programme every year" Jacobs said.
"The opportunity to study for a Master's degree while
continuing to work with NOL provides theoretical and practical training in
areas that will benefit both employees and the company," said the NOL
Group’s Chief Human Resources Officer, Ms Anne Benbow.
"...The success of MEL at Erasmus amidst a period of
decline in maritime skills is to be found in our conviction for a need to
train global MEL executives of the future through advanced research based
executive programs..." said the Academic Director of the NOL Master's
program from Erasmus University, Professor Hercules
Haralambides.
Ms Benbow said the Master's course was the latest in a
number of learning opportunities available at NOL - part of the company’s
commitment to lifelong learning.
Other initiatives include NOL's Global Campus - another
first for the industry. Established in 2000, Global Campus uses both
face-to-face and web-based learning tools which allow employees access to
learning anytime, from anywhere in the world. It was recently cited as a key
factor in NOL's liner subsidiary APL being awarded Carrier of The Year by
prestigious European magazine International Freighting Weekly (IFW).
Along with support for employees on various training
courses, educational initiatives include opportunities for post-graduate
studies at globally recognised universities, including MIT, Harvard and
Stanford in the United States, the UK's Cranfield University, and
sponsorship of the Nanyang Fellowship MBA course in Singapore.
Copyright 2003 NOL. All Rights Reserved.
