Mr. Subhashish Nath is the Founder and CEO of Global Risk Management Institute, Gurugram, Haryana. He is the thought leader behind FICCI-GRMI Risk Taskforce & Model Risk Code initiative. He was the Founding partner of Axis Risk Consulting and was the Service Line Leader for Enterprise Risk & Compliance at Genpact, he spearheaded global growth and digital solution development in areas such as Sustainability, Anti Corruption, Enterprise Risk Management, Third-Party Risk Management, Internal Audit, and SOX. He has over 25 years of expertise in Process Consulting, Internal Audit, Risk Management, and Governance. Renowned for his thought leadership, he has authored impactful papers and served as an industry speaker at international forums in the United States, Europe, Malaysia, and India. Subhashis also imparts his knowledge as a visiting faculty at esteemed Business Schools, including IIMs, FMS, ISB, MDI, NMIMS, and IMI, accumulating over 2,000 hours of global risk management sessions.

Global Risk Management Institute

Being the Founder, what is your philosophy of leadership? How would you describe your leadership style? 

As the Founder and Mentor for GRMI, my philosophy of leadership revolves around fostering an environment of academic excellence, innovation, and inclusivity. I believe in the transformative power of education and the pivotal role that institutions play in shaping the future of individuals and society. My approach is grounded in a commitment to providing students with a holistic education that not only equips them with the necessary knowledge and skills but also nurtures critical thinking, creativity, and ethical decision-making. In terms of leadership style, I prioritize a collaborative and transparent approach. I understand the significance of teamwork and value the diverse perspectives that faculty, staff, and students bring to the educational community. I encourage open communication, active participation, and a culture of continuous improvement. As a leader, I strive to create an atmosphere where individuals feel empowered to contribute their best, fostering a sense of ownership and pride in the institution's mission. Also, I would encourage a culture of adaptability and resilience within the program, mirroring the dynamic nature of the field. This includes staying current with industry developments, fostering industry connections, and providing opportunities for students to engage in experiential learning, such as internships and industry projects. 

How do you strategize about the key programs and plans for the marketing and administration of your school? 

My strategy for marketing and administering the school, particularly with a focus on a Risk Management program like GRMI, would involve a specialized approach to showcase the unique value proposition of our institution. Here's how I would strategize: Program Positioning, Target Audience Identification, Industry Collaboration, Digital Marketing and Outreach, Alumni Engagement, Admissions and Recruitment Strategy, and Continuous Program Enhancement. 

What do you think your roles and responsibilities to the University and the students are?

My roles and responsibilities are multifaceted, driven by a commitment to providing exceptional education and guidance. Firstly, I am tasked with setting the strategic vision for the institute, ensuring that GRMI remains at the forefront of risk management education. This involves staying abreast of industry trends and evolving the curriculum to meet the dynamic needs of the field. Additionally, I serve as a mentor to both faculty and students, fostering an environment of academic excellence, innovation, and professional growth. I am dedicated to creating a supportive atmosphere for students, offering guidance on career development, research endeavors, and personal growth. Beyond academic matters, I work to establish partnerships with industry leaders, fostering opportunities for internships, research collaborations, and guest lectures, thereby enriching the educational experience for our students. Ultimately, my overarching responsibility is to cultivate an institute where students not only receive a top-tier education in risk management but also develop into well-rounded, ethical professionals ready to make meaningful contributions to the industry.

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What would you like people to know about your university that they may not know? 

GRMI is a one of its kind Risk Management Institute overseeing a risk management program. I would like people to know that our university is dedicated to fostering a holistic and dynamic approach to risk management education. Beyond imparting theoretical knowledge, we prioritize hands-on experiences, industry collaboration, and technological integration. Our programs are designed to prepare students not only to navigate current risk landscapes but also to anticipate and adapt to future challenges. Additionally, our commitment to diversity is evident in our student body representing various states and backgrounds, enhancing the richness of perspectives within our academic community. We are proud to have built a collaborative and innovative learning environment that equips students with the skills and mindset necessary for success in the evolving field of risk management. 

The education systems in India and other foreign countries are structured very differently. In your experience, what can an inbound student gain from studying here in your institute? 

At GRMI, an inbound student stands to gain a distinctive educational experience that transcends traditional academic structures. Our specialized curriculum delves deeply into the nuances of risk analysis, mitigation, and strategic decision-making, providing a level of expertise not commonly found in mainstream educational systems. Through industry collaborations, real-world case studies, and hands-on simulations, students at GRMI acquire practical skills, preparing them comprehensively for the dynamic challenges of the risk management industry. With a global perspective embedded in our teaching methods, students benefit from exposure to international best practices and diverse viewpoints, enriching their understanding of the field. Our emphasis on experiential learning, personalized attention, and a student-centric approach fosters an environment where individuals can thrive and build a robust professional network. Moreover, the institute's focus on research, and career services ensures that students not only adapt to the evolving demands of the sector but also excel in their careers upon graduation. Ultimately, studying at GRMI offers inbound students a unique blend of specialized education, practical experience, and global exposure, positioning them for success in the dynamic landscape of risk management. 

Any insights into how your university could be more welcoming to students of different races or economic backgrounds? 

At Global Risk Management Institute, we try our best to ensure a welcoming and inclusive environment for students of various races and economic backgrounds is a fundamental aspect of our mission. GRMI has had students join us from 28 states across India, we celebrate the diversity that everyone brings to our institute. To enhance inclusivity, we are actively working on broadening the representation of diverse racial backgrounds among our faculty and staff. Cultural competency training for our faculty and staff is another crucial component of our approach, fostering a learning environment that values and respects the unique perspectives of all. We encourage and support student-led initiatives that promote diversity and inclusiveness, fostering a sense of community among our students. Regular reviews of our policies and practices ensure that our commitment to diversity remains integral to the GRMI experience, ultimately preparing our students for success in the globally diverse field of risk management.