MR Academy, a retail training provider, has partnered strategically with the Chartered Management Institute (CMI), a renowned professional institution based in the United Kingdom.
This partnership aims to empower SME retailers and offline business proprietors, thereby fostering success in the retail sector. In November, Marcus Chew, the Founder and Chief Executive Officer of MR Academy, and Debbie Polycarp, the International Engagement Manager of the Chartered Management Institute, participated in an agreement exchange ceremony.
This partnership, which capitalises on CMI’s proficiency in management solutions and MR Academy’s emphasis on retailer expansion, signifies a mutual dedication to providing four short-term training courses: “Retail Business Model,” “Retail System Blueprint,” “Ultimate Retail Masterclass,” and “Heart to Action.”
These programs are intended to provide retailers with the necessary skills and strategies for talent management and retail operations, thereby promoting the long-term agility of their business.
Marcus Chew, the Founder and Chief Executive Officer of MR Academy, said, “This strategic partnership represents a significant milestone for MR Academy, as a distinguished international institution now acknowledges our training programs. The value of our courses is considerably increased by CMI’s accreditation, which enables a greater number of retailers to improve their capabilities and refine their skills.
“Together, we are establishing a foundation for increased success and cultivating a more resilient, sustainable future for the retail industry.”
In addition, Debbie Polycarp, the International Engagement Manager at the Chartered Management Institute, stated, “This partnership is essential for the development of a resilient retail value chain, which will ultimately improve market competitiveness.
“By creating global standard management practices for retail professionals, we can simultaneously advance the nation’s sustainability, agility, and overall competencies, while also empowering individual professional development and propelling business growth.
“This partnership provides retailers with the necessary resources to guarantee that their teams are effectively managed and flourish in a swiftly changing market.”
Given the intricacies of attaining success in the retail sector, the objective of this strategic partnership is to:
- Improve Talent Management: Provide retailers with the necessary skills to master five critical areas of talent management: recruitment, effective leadership, internal training development, and employee retention. These focal areas are intended to cultivate sustainable human resources in a demanding retail environment.
- Fortify Retail Operations: Offer comprehensive insights into the strategic components of retail operations, combining analytical decision-making with practical skills. This method enables leaders to overcome intricate obstacles and foster sustainable business expansion.
- Fortify the Retail Business System: By establishing future-proof Standard Operating Procedures (SOPs) that are aligned with business objectives, underscore the significance of a comprehensive retail system that is designed for long-term sustainability.
- Brand Positioning Identification: Improve retailers’ comprehension of brand positioning in order to adapt to market changes and maintain competitiveness.
This partnership is a critical milestone in the nation’s retail sector, as it demonstrates the shared commitment of both parties to the development of sustainable talent and the empowerment of businesses to thrive in the current, highly competitive retail environment.
To learn more about MR Academy, please visit their website at https://www.mracademy.com.my/.
