We survive in a dynamic and highly volatile corporate environment. Wherein, the joint external forces of new technologies and liberalization have infused the need of change in every industry, including Management Education. Today, Management Education needs to be compliant with changing needs and trends of the corporate Inc. Archaic pedagogy, methods, and skills cannot lead to the growth of student as well the growth of our economy.
There are diverse perspectives which a management institute can provide as a facilitator and enabler of education. The mushrooming of private institutes has been observed in the recent past, where quality education is a big question mark. Developing future ready managers is a mammoth task and cannot be defined as or compared with any other business. Management institutes need to undergo a paradigm shift for skilling and utilizing the huge youth work force in India.
Management Institutes face a dilemma of continuity versus change, as both the elements exist in a high magnitude, and it becomes a challenge to develop a strategy by integrating two opposite forces. The continuity forces can be classified as: need of higher education; existing infrastructure; course curriculum; need of technology; system, processes and people. Change forces can be classified as international competition; emerging new technologies, governmental and regulatory policies; changing needs of India Inc; role of teachers; new languages; e-learning and m-learning.
In the field of education, continuity forces exist with the presence of change in them and change forces remain active continuously. Need of higher education, has and would always remain. But the type and standard of courses in demand keeps on changing. The infrastructure and course curriculum in an institute always exist but has to upgrade in order to incorporate new technology. The technology, people and processes witness a continuous change. Role of teachers has witnessed a makeover from just being a course instructor to that of a mentor. Introduction of international markets and ecommerce has generated the need of new foreign languages and software programs.
Management Education in India has witnessed historical teaching patterns and pedagogy, and has continuously been affected by trends in socio-economic demographic environment. On the other hand changes have taken place in terms of upgrading the technology and pedagogy; introduction of languages; role of facilitator; geographical reach. The need of the hour is to bring synchronization between the continuity and change forces for developing the ‘Talent Pool’ with a potential of overall growth.
The grid of continuity and change should be effectively used for developing new strategies in management education. Corporate world demands management institutes to start industry specific courses. E-learning or M-learning has laid the ground for massive expansion, as it allows students from different geographical locations to collaborate on similar courses. Challenge for management institutes is to innovate and develop such courses and training program which cater to specific industries by imparting new skills and competencies to workers who are already employed. JIMS Kalkaji’s Flagship PGDM course provides the initial education, which serves as a base for continuous upgradation of skills and talent to match the changing competitive world. The time has arrived when the need to strategize management education has become imperative for the comprehensive growth of student-facilitator/enabler-economy.
By Dr Komal J Khatter