BW Education hosted, WednesdayWisdom – High School of Business – What will it be? “, In collaboration with BW Businessworld.
As the world adjusts to the breakdown of the COVID-19 crisis, business schools may become more important than ever. Substantial change in almost everything, from remote work to global supply chains, brings with it the opportunity to rethink conventional ways of working.
How will the next schools be B? What are the changes that COVID-19 has brought to the thinking process of B School Principals and how does the institute work? Where will the campuses be two years from now? Will we need physical infrastructure or not? How are the different actors, students, teachers and recruiters who deal with this? To focus on all of these issues, BW Education hosted, WednesdayWisdom – The Future Business Schools- What Do It Do? “, In collaboration with BW Businessworld.
The panel consisted of speakers full of energy from reputable Business Schools, IIM – Dr. Anju Seth, Director, IIM Calcutta; Prof. Krishnan Reviewer, appointed and currently Professor Director, IIM Bangalore; Prof. Himanshu Rai, Director, IIM Indore; Prof. Nagarajan Ramamoorthy, Director, IIM Amritsar; Dr. Vinita S Sahay, Director, IIM Bodh Gaya; Prof. Dheeraj P Sharma, Director, IIM Rohtak. The session was moderated by Dr. Annurag Batra, Chairman and Editor-in-Chief, BW Businessworld & Exchange4media Group.
We are at a very interesting point in the evolution of India and this offers unique opportunities for our management graduates. If you look only at the challenges in the economy, the entire Aatm Nirbhar Program and some other initiatives that the government is considering, it is clear that the horizon for education management that is moving forward is quite bright. So while in the rest of the world even before COVID, there was a kind of slowdown in MBA programs and in fact the programs were closing in some geography even before COVID and that trend has accelerated now, in India, we don’t face with any such threat now, underlined Prof Review T T Krishnan, appointed Director and current Professor, IIM Bangalore.
Dr Anju Seth, Director, IIM Calcutta said, Future Business Schools will remain in many ways the same, but in many different ways as well. What is likely to remain the same? We think the networks that shape our students are so critical to their development and their future careers as managers. Those networks will stay the same and perhaps become even stronger, moving into the future with new technologies, what we see is the ability to reach their alumni, their peers, colleagues and friends, and so on. their becoming actually easier.
There are two views from which I would like to capture the future of education in management. In fact, not only the future of management education but the future of higher education. First, we will have to re-imagine management education itself. So far, we’ve been focusing on management education, more in terms of functionality. There were some things we didn’t even see, for example our relationship with the universe. This COVID-19 pandemic is not the first and this will not be the last. Second, we will need to redefine the kind of social impact we are making. We will have to relook in our role so far, as nation building is concerned. For the Aatm Nirbhar section we are talking about, how can we contribute to this?
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