Thestatementraisesthe questionofhowonewouldsell adream!
Moreover,whileseekingadviceon howtosucceed,Iwatchedmany moviesandreadnumerousbookson successfulbusinesspeopleand entrepreneurstoknowtheirsecretsto
success.Nevertheless,Ididnotfind much,butsomecommonthingsin them,thataretheirattitude,dedication, andhardwork.
Allthesefactorsarecommonand essentialforbusiness,butonedayI watchedthemovie 'The Dreamseller,' inwhichtheleadcharacterMellon LincolnFilhorepeatedlyasked everyonewhatsuccesslookslikefor them.
Everyonesaidthathavinganabundanceofmoneyenablessuccess,fame, power,andrespectaroundtheglobe. However,inhiseyes,thisisnota successbecausehebelievesthat "Success is having such skill, or quality, which money cannot buy."
Itsassertionisthatoneshoulddevelop advancedanddistinctabilitiesto succeed.Inordertosucceed,onemust havethecognitiveskillsthatempower themtostandoutfromthecrowdand usherinnovativeandrevolutionary developmentsintheworld.
However,onedoesnotlearnallthese aspectsintheirmother'swomb; instead,onemustacquirethesetraits througheducation.Numerousmanagementcollegesassisttheirstudentsin developingthenecessaryskillsto succeedasentrepreneursorleaders.
Todiscover"TheMostAdmired MBAandPGDMCollegesofthe Year2022,"wecateredmany institutionsthatfosterstrongleadership characteristicsintheirstudentsand createssuccessfulmanagersand entrepreneurshavebeenfeaturedin The Knowledge Review magazine.
Flipthroughthemagazine'spagesto readthesuccessstoryofthemanagementcollegescreatingfutureleaders.
Ajoyfulandenlighteningreadawaits you!
T R Madhu Guleria
madhu.guleria@insightssuccess.com
Name of the Institute Web Address
Accurate Institute of Management and Technology (AIMT)
Bharati Vidyapeeth`s Institute of Management Studies & Research, Navi Mumbai
DKTE Society's Textile and Engineering Institute, Ichalkaranji, Kolhapur
IILM Academy of Higher Learning, Jaipur
Om Sterling Global University, Hisar
accurate.in
SCMS Cochin School of Business
St. Francis Institute of Management
Symbiosis International (Deemed University), Pune
Accurate Institute of Management & Technology (AIMT) is one of the many prestigious institutions functioning under the aegis of Accurate Group of Institutions.
BVIMSR, Navi Mumbai, since its inception in 1984 has been following a tradition: the tradition of producing world class leaders. bvimsr.org
DKTE’s Textile & Engineering Institute, Ichalkaranji enjoys a unique and prominent place amongst the Engineering colleges that are engaged in education, training, research, and consultancy in various disciplines of engineering. dkte.ac.in
IILM offers AICTE approved Post Graduate Diploma in Management (PGDM) at a well located campus in the beautiful city of Jaipur. iilmjaipur.ac.in
OSGU is a place of education and overall development which never fails to render quality to the students. osgu.ac.in
SCMS Group of Educational Institutions is a national leader in higher education especially in the elds of Management, Engineering and Technology. scms.edu.in
smar.org
St. Francis Institute of Management & Research (SFIMAR) was established in 2002 by “The Society of the Congregation of Franciscan Brothers” to impart quality education in the eld of Business Management.
siu.edu.in
Symbiosis is a family of academic institutions which include University, Colleges, Centres, and Schools which have been imparting quality education for 50 years. It is host to over 40,000 Indian and International students on campus.
Usha Martin University is dedicated to offer costeffective quality education for sustainable inclusive development of society in the state of Jharkhand. ushamartinuniversity.com Usha Martin University
Xavier Institute of Managemnet & Entrepreneurship (XIME), Chennai
The institution will forever have students at the centre of its aspirations and endeavours while manifesting wholehearted commitment to all its stakeholders. ximechennai.org
Todeliveraready producttotheindustryinthe formofwell-developed nurturedcorporateExecutives tocatertotheneeds oftheindustryinthebest possibleway.
Theintricateconceptof 'Management' hasbeenvery wellputintowordsbySteve Jobs.Themanagementfieldhas continuedtovalueitssheerrelevance eventhoughseveraljobfunctionsand positionsarebeingofferedperiodically inthisdevastatinglyinnovativeera.
Withthefactthatanorganization's managementsystemcanleadthe organizationtogreatsuccess;nomatter howdrasticallyacompany's functionality,performance,orservice varies,themanagementsystemmust remaininplacetokeepallthebusiness componentstogether
Forinstance,thebrainisthemost significantpartofthehumanbody basedonwhichthewholebody responds,reacts,andfunctions; similarly,theorganizationresponds,
reacts,andfunctionsbasedon management.
Thebusinessparadigm,trends,and operatingsystemshavebeen st significantlychangedinthe21 century Toperformeffectivelyand efficiently,anorganization's managementmustbeawareofthe market'songoingtrends,mechanisms andideologies.
Brandedcompaniesseekinnovative, courageous,andintellectualtalentsto boosttheirbrandvalueandcan contributeinmultidimensionalwaysto enhancetheirbusinesses.The standardsofmanagementjobshave beenincreasing,whichensuresthat educationinthemanagementdomain willhelpstudentstoovercomecutthroatcompetitionandconstantly emergingchallenges.
Themanagersaregroomedwithan impressiveattitudewhichisthe treasureoftheirwisdom,skills,and talentwhichtheygetduring theiracademictraining. Similarly,Bharati Vidyapeeth'sInstituteof ManagementStudiesand Research(BVIMSR)focuses onitstradition,i.e.,producing world-classleaders.The instituteprovidesprogrammes whichequipthestudentswith theabilitiestohandle practicalbusinesscase studies,whichhelpsthemto performoutstandinglyinthe corporateworld.
DrAnjaliKalse Director,
BharatiVidyapeeth's InstituteofManagement StudiesandResearch
Inthequestfor'TheMostAdmired MBAandPGDMCollegesofthe Year2022, 'wecrossedthepathof BharatiVidyapeeth'sInstituteof ManagementStudiesandResearch's Director,DrAnjaliKalse.While interactingwith The Knowledge review,shesharedtheinstitute's inspiringjourneysinceitsinception andthefuturepedagogicalvisionof theinstitute.
To learn detailed information about the institute, dive down.
The
In1984theBVIMSRwasfoundedin NaviMumbai,andsincethen,the institutehasbeenfollowingthe traditionof 'Producing World-class Leaders.' Theinstitutehasretainedits traditionbecauseithasadoptedvarious programmesthatsuittheexisting businessconditions.
Theinstituteoffersatwo-yearMMS (Master'sinManagementStudies) programmeaffiliatedwiththe UniversityofMumbai.The programmesequipthestudentsto handlebusinesssituationsandperform outstandinglyinthecorporateworldby impartingtherequisiteskillsetsand internationalcertificationfrom renowneduniversitiesoftheworld, whichaddimmensevaluetotheir careergrowth.
Onewouldnotsuspectthatthis tranquilcampus,spreadacrossfour acresandnestledamonglovelyhills,is closetotheindustrialbelt,which supportsmillionsofjobsandmakesa significanteconomiccontributionto thestateandthecountry The classroomsatBVIMSRaremadeto promotethelearningandexploration ofthestudents.AcampuswithWi-Fi accessguaranteesthatallstudents remainintouchwiththeoutsideworld,
“It's not about money. It's about the people you have and how you're led."
-Steve Jobs
theirstudies,theirfaculty,andwithone anotheranother Theairconditioning ineveryclassroomguarantees maximumproductivityduringthelong day
TheBVIMSRhasalibrarywitha varietyofliterature,andhasinvested insomeofthemostexcellentIT infrastructures,includingcutting-edge serversandacampuswithWi-Fi capabilitiesanditsaudio-visualtools, includingLCDprojectors,audio systems,acousticallyconstructed classrooms,andtheexcellent conferenceandmeetingspaceshas beenequippedwiththebest technology TheBVIMSRhotel provideallthehomeconveniencesto itsstudents.
DrAnjaliisthedirectorofBVIMSR, NaviMumbai;shehasbeenholding22 yearsofexperienceasasoft-skilland othermanagementtopicstrainer.Being aneducationistandtrainer,shehas receivedmanyawardsandrecognition, includingTheIndianAchievers AwardforEducationalExcellenceby the Indian Economic Development, I2OR 2019 EducatorsandResearch
AssociationbyUWAN.Recently,she hasreceivedNationalHappinness UnicornAwardbyAICTE &YOL nd on22 August2022.
Shehasconductedtraining programmesinvariousorganizations, includingPepsicoHoldingIndiaLtd, ReserveBankofIndia,Cotton CorporationofIndia,andmanyothers. Besidesthat,shehasalsodoneBasic PractitionerCertificationof NeurolinguisticProgramming, NationalFederationofNeurolinguistic ProgrammingUSA.
Besideshercertification,DrAnjali completedherBSc,MIRPM,andPhD fromNagpurUniversityin1998.She isalsoaPhDguideatMumbai University,BharatiVidyapeeth's University,RajasthanUniversity,and ITMUniversity.Moreover,shehas presentedherresearchpapersatthe National/Internationallevel.
DrAnjalihasreviewedmanybooks andauthoredHRM'sbook;shehasalso contributedtomanyrenowned journals.Besidesthis,sheisalsoa memberofthe Federation of Neuro Linguistic Programming, BMA (Bombay Management Association),
NHRD (National Human Resource) Network and ISTD (Indian Society for Training and Development).
AStatementDescribestheValues, Vision,MissionandMottoofthe Institute
WhenweaskedDrAnjaliaboutthe visionoftheinstitute,shestates, "Social Transformation through Dynamic Education."
Slidingdownitsmission,she continues, Ÿ
"To foster excellence in teaching and research to enable the students to apply management knowledge to transform business and society
Tobeatthe pinnacleof Management Education.
Ÿ
To equip students with analytical, entrepreneurial and professional skills to perform in a global team environment.
BVIMSR dedicates itself to academic vitality, integrity, and diversity."
Ÿ
To develop faculty and students by encouraging participation in research, consultancy, faculty development programmes and multidisciplinary projects to develop professional competencies to lead in a global environment.
"To be at the pinnacle of Management Education," notesDrAnjali.
activeparticipationofthestudents.The unique,hands-onapproachofthe BVIMSRMBAProgrammetolearning accommodatesthedemandofthe currenteconomy.
Ÿ
To develop the competency to understand, analyse and connect commercial, legal, social and ethical aspects of the business."
Furtherassertingtheinstitute'score values,DrAnjalisays, "The BVIMSR faculty and staff promote its students' intellectual, professional, social, and personal development through innovations in learning, scholarship, and creative endeavours. Students, faculty, and staff partner to create strong engagement with the local, national, and global communities. The
BVIMSRpridesitselfonbeinga student-centricinstitute.Studentsare entrustedwithresourcesand responsibilities;theyareencouragedto takeimportantadministrativeand policydecisionsthatsculpttheirfuture andtheinstitute.Thisfacilitatestheir all-rounddevelopment,overandabove academicperformance.
BVIMSRhasdevelopedunique learninginitiatives,whichisthe hallmarkoftheinstitute.These initiativesaretheoutcomeofthree decadesofexperienceinthefieldof managementeducation.Theyhave beendevelopedwiththehelpof faculty,whoareintouchwiththe industry'scurrentneedsandensurethe
Whilestatingabouttheinstitute's uniquelearningapproach, DrAnjalipostulates, "The Institute's multi-prolonged approach in its placement, academic, course structure, alumni database and pedagogy always create a remarkable difference in the graduates. Innovative blended learning approach through online teaching and assessment tools during the coronavirus situation. We ensure the continuity of the learning of our students."
Theinstitutestaysconnectedwithits alumniandvariousseniorindustry professionals;ithelpstheinstitute knowtheindustry'songoingtrends.It alsoengagesthestudentswith
entrepreneurs,whichallowsthemto understandtheexperiencesofthe entrepreneurs.
Interactingwithindustrialistsand entrepreneurs,thestudentsgeta chancetopresenttheirideasand
businessplans,whicharediscussed, andreviewedindetail.Thestudent's businessplanshavebeendiscussedon variousparametersandfeasibility
Otherthanthat,thestudentsalsogetan opportunitytopresenttheirbusiness ideastobankers,venturecapitalists, andprospectiveinvestors.Andallthe recordshavebeenmaintainedatthe institutelevel,astheInstitution InnovationCouncilwasinitiatedin 2020undertheMinistryofHRD, Govt.ofIndia.
Undertheinnovationcell,various activitiesandcareerguidancesessions havebeenarrangedintheinstituteto enhancethecareergrowthofthe students.Currently,theinstituteis conductingjointactivitiesin collaborationwithIndianMerchant Chambers.
Theinstitutealsoencouragesfaculty memberstoseekexchange opportunitieswithinternationalBschoolstounderstandglobal pedagogicalstandards.
Institute'sJobistoHelpStudents PreparethemselvesforAnything!
Withthehelpofproject-basedlearning activitieslikecapstoneprojectsand summerinternships,thestudentsof BVIMSRlearnhowtowork independently,explorecrucialtopics, andfindsolutions.
MMSisanextensiveprogramwhere studentsareintroducedtothecorporate worldfromtheirfirstyearintheform ofguestlectures.Inthesecondyear, theyhaveafull-fledgedsubjectwhich includessoftskills,communication andothercrucialconceptsofthe corporateworldforthestudent's growth.Theinstituteorganizesvarious sessionsonEmployabilitySkills, GroupDiscussionsandMock Interviewsthataretakeneveryweekto
enhancetheemployabilityofthe students.
Theinstituteinviteseminentspeakers fromthecorporateworldwith specializedknowledgetodelivera lecture.Alumniareinvitedfrequently tointeractwiththestudents.
Theplacementcellprovidesgrooming personalitytrainingtotheyoung graduates,whichhelpsthestudentsto enhancetheskillsinwhichtheylack. Thestudentsaretrainedaccordingto thecorporaterequirementalongwith modernstressmanagementtechniques, publicspeaking,corporate communication,businessetiquette, negotiationskillsandeffective communication.
GreatAchievementsarenotPossible withoutSacrifices!
WhenweaskedDrAnjaliaboutthe achievementsandawardsreceivedby theinstitutesofar,respondingthe same,sheasserts,
Ÿ
"BVIMSR is NBA accredited Academic Years 2022-23 to 202425.
Ÿ Awarded among Top B-School of Eminence in India 2022 by CSR.
Ÿ Received National Happiness st Unicorn Awards on 21 Aug 2022, by YOL.
Ÿ Institute Received Research Grants from various government bodies viz., ICSSR, ICCSR-IMPRESS, University of Mumbai, etc.
Ÿ Institute Received I2OR award for the BVIMSR Journal of Mangement Research."
Speculating
Whilegivinghervaluableadvice,Dr Anjaliconcludes, "To deliver a ready product to the industry in the form of well-developed, nurtured corporate executives to cater for the needs of the industry in the best possible way."
Tofosterexcellence inteachingand researchforenabling thestudentstoapply knowledgeof managementfor transforming businessandsociety atlarge.
Science can amuse and fascinate us all, but it is engineering that changes the world,” isa statementweallcouldagreewith.
Theinnovationsandthemarvelsof technologytheworldenjoystodayare thelargesseofengineers.
Contributingtoeverysector, engineeringhaswideneditsscopeand keptupwiththeglobaldemand, specificallyinthelifestylesector A hugeportionofthissectoristhe textile,wherenewtechnological innovationshaveaugmentedthe industry
Developingbrilliantmindsisthe intuitionofbrilliantinstitutions,along withtrainingthemtocontributetheir fairsharetotheindustryandcreating morebrilliantmindscateringtothat field.Onesuchinstitutethathas changedandstoodtothesignificance ofthefieldisDKTESociety'sTextile andEngineeringInstitute
Establishedin1981,DKTESociety's TextileandEngineeringInstitutestays truetoitsgrailofcateringtothe industry'sneedforskilledtechnical humanresourcesandbeingafacilitator ofknowledgeratherthanjustbeinga provider
Flourishedundertheleadershipof itsChairmanHon.K.B.Awade, DKTE,hasseenexcellentcurricular andextra-curriculargrowth.Underhis attentiveandvigilantleadership,the institutefocusesonprovidingstudents withtop-notchinfrastructuralfacilities, exceptionalcareeropportunities,and outstandingacademicoutcomesthat willhelpthemexcelinthefuture.
CommunicatingwithDKTESociety's TextileandEngineeringInstitute,weat The Knowledge Review hadan insightfulconversationwiththe institutemanagement,wheretheHon. SecretaryDrMrsS.U.Awade highlighteditsjourneyandhowthey areupskillingtheindustrystandard.
FoundationofInnovativeStronghold Ichalkaranji,situatedinthewestern regionofMaharashtra,in1980 experiencedthedecentralizationofthe powerloomindustryatavery expeditiousrate.Withnotechnical educationalinstitutioncateringtothe currentneedforatechnicallyskilled workforce,nineco-operative organizationsunitedunderthe leadershipofMrK.B.Awade(Ex. MemberofParliament)tolaydown thefoundationofDKTESociety's TextileandEngineeringInstitutein 1981.
ThesocietyderivesitsnamefromShri DattajiraoKadam,aveteranleaderand anardentco-operatorinstrumentalin thetextileindustryofIchalkaranji.
DattajiraoKadamTechnicalEducation Society(DKTE)cameintoexistenceto startinstitutesandcollegestocater technicaleducationinthefieldof textiles,engineering,andotherrelated disciplines.
DKTE'sTextile&Engineering Instituteenjoysauniqueand prominentplaceamongstthe EngineeringandManagementcolleges thatareengagedineducation,training, research,andconsultancyinvarious disciplinesofengineeringand management.
Presently,theinstitutehasbeen providingthreediplomacourses, elevenundergraduatecourses(Fivein TextileswhileSixinEngineering), fourP.G.coursesandDoctorate programsinengineering,andtextiles andmanagementstudiesprogram.
Witharound3750studentsand202 facultymembers,theinstituteis equippedwithexcellentinfrastructure, spaciousbuildings,ultra-modern laboratorymachineryandequipment,a well-equippedlibrary,andhighly qualifiedandexperiencedfacultyand staff.
Whiletalkingaboutthevision, DrMrsS.U.Awadeasserts, "To be one of the leading institutes in technical education and research through academic excellence and innovation, to serve the needs of industry and society through continuing education programs, industry interaction, entrepreneurship development, and
incubation."
Withtherapidchangeinthecorporate world,itisessentialtomaximize companyvaluesalongwithkeepingits ethosandmoraleintact.Considering thesefactors,DKTEemphasizesa comprehensivelearningmethodology andtriestocreateitsstudentsasthe world'sperfectmanagers.
BeinganautonomousinstitutewithA+ NAACaccreditation,theDepartment ofManagementStudies,withits uniqueeducationpedagogiesandmany awards,hasbeenrecognizedby AICTE.
TherearemanyMOUswith renownedcompaniessignedbythe MBAdepartmentthatarebeneficial forstudentsbyprovidingthemwith scholarinternships,industryguest lecturesessions,industrialtraining, sponsoredprojects,andindustrial visits.Thishelpsinsharingtechnical andprofessionalknowledgeand practicalexperiencesforboththe facultyandstudents,resultinginthe bestplacementrecordsforyears.With placementinreputedindustries,many ofthestudentshavebeenabletosetup theirownenterprises,towhichthe textileincubationcenterofDKTE provideshelp.
The changing dynamics of industry and society will be addressed effectively in the future too.
Ensuringequalityineducationincludes creatingeducationfacilitiesthatare student-centredandprovidean effective,safeandinclusivelearning environmentforall.Withstudents spendingmostofthetimeinacollege environment,DKTEbelievesin creatingrapportbetweenteacherand student,ensuringapositiveandsafe learningenvironment.Buildinga 'Mentoring' systemforstudents,DKTE allotsafacultymentortoeverybatch of15-20students,whoconducts sessionswithstudentsonceeverytwo weeks.Thesemeetingshelpin schedulinglecturesforstudentsby
well-knownpersonalitiesfromthe academic,industrialandsocialspheres.
DKTEprovidesguidancetoimprove thestudent'sacademicqualities throughtheirclassroomparticipation andassistanceduringexamtime. Alongwiththis,theinstitutehasa 'Career Development Cell' through whichstudentsgetanopportunityto preparethemselvesforcampus recruitmentdrives,competitiveexams, andsolvingtechnicalaptitudesasper industryrequirements.Studentsalso availofthebenefitof 'Foreign language learning' and 'Soft skills development training' throughthiscell.
Theinstitutionrealizestheoverall developmentofthestudent,which includesadditionalacademics,literary, cultural,andsportsactivitiesoffering avenuesforleadershipqualities, decision-makingabilities,teamspirit, precision,analyticalcapabilities,and socio-psychologicalawareness, developingoneintoanintellectually maturepersonality
AccordingtoDKTE,pastfewyears havewitnessedthedemandfor managementeducationinthepresence ofglobalizationandliberalization.The institutebelievesinastrongcorrelation betweenthegrowthoftheIndian economyandmanagementeducation asitplaysanimportantrolein addressingtheeconomicproblems, likepopulationandunemployment, effectivelybyopeningmanycareer opportunitiesforthecitizens.
AccordingtoDKTE,management educationopensahugesetof opportunitiesintheservicesand privatesectors.Itfurtherbelievesin managementeducationbeinghelpfulin improvingtheleadershipskillsof Indianemployees,whichisessential forcreatingIndiangloballeaders.
Withtheworldinshacklesof lockdown,theeducationsystemhas changeddramaticallywiththe distinctiveriseofe-learning,whereby teachingisundertakenremotelyandon digitalplatforms.Withthebeliefthat thechangescoronavirushascaused
couldbeheretoremain,DKTE believesinseeingbeyondthe immediateconcernstowhatpossible solutionsforeducationontheopposite sideoftheCOVID-19pandemic.
Throughoutitsjourneyofimparting excellenteducation,DKTEhas achievedmanynoteworthylandmarks. Ithasachievedarankinginvarious surveys.Whiledescribingthese achievementsofDKTEwithpride,I/C Director,DrMrsL.S.Admuthenotes: rd Ÿ 33 Place in the Atal Ranking of Institutions on Innovation Achievements (ARIIA) 2020 survey, which was performed by the AICTE in New Delhi and the Innovation Cell of the Ministry of Education of India.
Ÿ
Praxis Media, New Delhi, presented National Education Excellence th Awards on 30 June 2020 to the institute, recognizing it as the 'Best Private Engineering College in Maharashtra'
Ÿ The endeavours of 'Nature and
Yoga Club' of DKTE were recognized by Mahatma Gandhi National Council for Rural Education' and awarded 'District Green Champion 2020-21' by the Department of Higher Education, Ministry of Higher Education, Govt. of India.
Ÿ Centre of Excellence in Skill Development under Eduskill and ISTE has been established in the institute, in association with academic divisions of corporates including CISCO, AWS, Microchip, Blueprism, Paloalto, and RedHat. It offers Certificate Courses using a cloud-based learning management system, free of cost to any interested individual professional.
Ÿ The NAAC has accredited the st institute with an 'A+' Grade (in 1 cycle) with a CGPA of 3.53 for the rd nd duration of 23 Jan 2017 to 22 Jan 2022. On the request for extension of NAAC Accreditation, the institute has received an email from NAAC granting extension in the validity period of accreditation with the existing 'A+' Grade and
with a CGPA of 3.53 till the nd completion of the 2 Cycle Assessment and Accreditation process subject to NAAC accreditation dated 09.07.2020.
DKTEhasbeencateringtoindustrial needsforthepastthreedecades, cultivatingthelinkbetweenthe industryandtheinstitution.DKTEhas madetothelistofreputedengineering institutionsbyemphasizingvaluebasedtechnicaleducationtothe aspirantswhowishtoentertheareaof thecorporateworldandbeonthe helmsinthetwenty-firstcentury.The institutefollowsthesamefootprintsin managementeducation,resultingin creatingitsownnichebyoffering qualitymanagementeducationand meetingtheexpectationsofindustry andsociety
AsDKTEsays, "We at DKTE are very much sure that the changing dynamics of industry and society will be addressed effectively in the future too."
Thebusinessworldisevolving
rapidly,anditisbecoming moreandmoreimportantfor employeestohaveanunderstandingof STEMfields.STEMlearningcanbe beneficialformanyfields,butthemost notableonesaremanagementand education.STEMlearningisexpected tocontinuetogrowinthe21stcentury andisconsideredtobeakeyskillfor successinthefuture.Hence,thereisa needforSTEMlearningfor managementacademia,whichleadsto abetterunderstandingandappreciation forinnovation.
STEMlearningisanessentialconcept inthefieldofmanagementstudies becauseitisanapproachthatusesthe principlesofscience,technology,and mathematicstosolvereal-world problems.
Itinvolvesaninterdisciplinary approachtoeducation,whichallows studentstoapplytheirknowledgeof STEM-relatedconceptstoreal-world scenarios.STEMlearningencourages studentstothinkcriticallyand creativelyandtoexplorethepotential ofanewsolution.Italsohelpsstudents
todeveloptechnicalskillsthatare essentialintheprofessionalworld.
STEMeducationemphasizesthe importanceofimaginationand creativityinthefieldofmanagement. Theabilitytobeinquisitive,creative, imaginative,andthink 'outside the box' toresolvecomplicatedproblemsis encouragedbySTEMeducation.It alsohasthepotentialtoencourage studentstothinkcriticallyalongwith creativelytowardshowtosolve
problemsandexplorethepotentialof newtechnologies.
STEMeducationalsopromotesthe usageoftechnologybykeeping studentsuptodateontechnological advancementsandgivingtheassurance topickupandusenewtechnology,as technologyiscontinuouslyevolving.
Experientiallearningisextensively emphasizedintheSTEMeducational curriculum.Studentsthatparticipatein STEM-relatedactivitiesare encouragedtotakecalculatedchances, trynewthings,learnfromtheir mistakes,anddevelopbetterideas,as alloftheseareanintegralpartofthe solution-orientedfieldofmanagement. Frequentexperimentationpromotes patienceandfastthinkingwhilealso assistinginthedevelopmentof resilience.
Furthermore,STEMlearningalsohelp studentstodeveloptheir communicationandcollaborationskills tosomeextent.Byworkingon interdisciplinaryprojects,studentsare abletogainabetterunderstandingof differentperspectivesanddeveloptheir skillsinproblem-solving, communication,andcollaboration. Additionally,STEMlearning encouragesstudentstoexplorenew technologiesandthinkcriticallyabout howtousetheminthefieldof management.
Finally,STEMlearninghelpsto preparestudentsforthefuture.In today’sever-changingworld,itisvital forstudentstodeveloptheskills neededtosucceedintheirchosen profession.
Inordertosuccessfullyimplement STEMlearninginthecurriculum,itis crucialtodevelopstrategiesfor integratingSTEMlearningintothe syllabus.
Furthermore,itisessentialtoprovide opportunitiesforstudentstoexplore newtechnologiesandthinkcritically abouthowtousetheminthefieldof management.Inordertosuccessfully implementSTEMlearninginthefield ofmanagementeducation,thereare severalbestpracticesthatcanbe followed.Oneofthemostimportant bestpracticesistocreatealearning environmentthatisconduciveto explorationandcreativity Teachers cancreatealearningenvironmentthat encouragescollaboration,exploration, andcriticalthinking.Additionally, teacherscandevelopprojectsthat allowstudentstoexploretheprinciples ofSTEMandapplythemtoreal-world scenarios.
Inconclusion,STEMlearningisan educationmethodthatisgainingin popularityinmanagementandbusiness education.ThefocusofSTEM learningistoprovideacomprehensive
partofthecurriculum.Itisbeneficial forstudents,aswellasfuturebusiness professionals.
STEMlearninghasthepotentialto transformthewaythemanagement industryisperceivedandimplemented. WithSTEMlearningincorporatedinto managementstudies,itencourages studentstothinkcriticallyand creativelyandtoexplorethepossibility ofnewtechnologies.
Additionally,STEMlearningprovides studentswiththeopportunityto developtheskillsneededtobe successfulintheirchosenprofession. However,inordertosuccessfully implementSTEMlearninginthe classroom,itisimportanttodevelop strategiesforintegratingSTEM learningintothecurriculum,provide resourcesandsupporttoteachers,and measuretheimpactofSTEMlearning onstudents’learning.
UsingSTEMlearningformanagement educationhasthepotentialtounlock itstransformativepotential.By creatinganenvironmentthat encouragesexplorationandcreativity, providingstudentswithresourcesand support,andmeasuringtheimpactof STEMlearningonstudents’learning, teacherscanensurethatstudentsgain theskillsneededtobesuccessfulin theirchosenprofession.
Thepandemicsituationallover theworldhasboostedupthe conceptofonlineeducation. Rather,itwastheonlywaytokeepthe studentslearncontinuously.Online platformhasbeenchosentoimpartthe educationrightfromtheprimarylevel tothepost-graduationlevel.Inspiteof manyhurdlestheeducationcontinued inthispandemicperiodonlybecause oftheconceptofonlineeducation.Itis agreedthatthetechnologyofhaving educationonlineisabsolutelyaboon inthefieldofeducation.Theeducation systemhavingmajorthreeactivities, viz.,admissionprocess,teachingand learningprocessandtheexamination systemandresulthasreallyfaced enormousproblemsduringpandemic. But,hatsofftothetechnologyof onlineeducationwhichhelpedtohave allthesethreeactivitiesflowsmoothly inspiteofmanyhurdles.
Thedeclineinthesituationof pandemicslowlymadewaytohavethe offlineeducationagain.Many educationalistsandthestudentsstarted givingopinionaboutonlineandoffline education.Thediscussionononline educationvsofflineeducationis unending.Undoubtedly,online educationhasthemajorstrengthsas studentscanhaveeducationbeing
anywhere,theycanlearnatanytime, theycanlistenandviewthelectures manytimesandmajorlystudentscan haveeducationinlesscost.Even teacherspointofviewtheycanimpart theirlecturesandfacilitatethestudents beingatanyplaceandatanytime.Itis truethatonlineeducationis convenient,flexible,affordableand timesaving.Thoughonlineteaching andlearningseemstobemuch comfortableandhasmanyadvantages, itdoeshavemanydisadvantages. Onlineeducationcanbethepartof educationsystem,wherever,itis suitablebutitdefinitelydoesnothold thatmuchpotentialtochangetheentire educationsystem.
Onlineeducationhasitsownissues whichwhencomparedtotheoffline educationseemstobenotthat effective.Thefollowingarethe foremostdisadvantagesofonline education.
Ÿ OnlineEducationhasMany TechnicalIssues:
Themajordisadvantageofonline teachingandlearninggoesaround technicalissues.Nothingdestruct onlineeducationmorethanaudio, video,orconnectionissues. Thoughonlineclassescanbe
accessedthroughtheclickofalink, thereareproblemsrelatedwith electricity,internetconnections, rangeofinternet,audioorvideo play,volumeandclarityofthe screen.
Ÿ OnlineTeachingandLearning canGiveRiseASenseof Isolation:
Everystudentisunique.Learning patternsaredifferent.Some studentspossesstheabilitytowork independently,whileothersfind comfortwiththeirfriendson campus.Manystudentswishto interactwiththeirteachersfaceto facephysically.Offlineeducation inspiresthestudentstolearnsome basicprinciplesofcoordination, cooperation,teamwork,teamspirit andbelongingnesswhichadd valuestothelivesofstudentsas wellasteachers.Onlineeducation promotestheisolationandthatcan turnintomajorpsychological problem.
Ÿ OnlineTeachingandLearning RequiresSelf-disciplineandSelfcontrol:
Beingpartofacommunityand physicallyattendingclasses increasesaccountability. If
Prof. Pravin S. Jadhav is presently working as Assistant Professor at D. K. T. E. S's Textile & Engineering Institute, Departmentof Management Studies. He has completed his post-graduation in Retail Management from K J Somaiya Inst. of Management, Mumbai and holds Engineering in textile. He has over 20 years of industrial and teaching experience. With his innovative rigor and keen interest in the area of research, he has got number of research papers published in international and Scopus indexed journals.
studentsdonotfeelthattheyarenot giventheproperguidance,they maynottryontheirowntofullyget engagedintolearning.Movingto offlineeducationandattendingthe schoolorcollegephysically,addsa greatersenseofaccountability Toolslikelivequizzes,onetoone interaction,teachingthroughgames andsessionsofhandsonexperience helpthestudentsunderstandbetter. Offlinelecturesencouragegroup activity
Ÿ OnlineLearningRequiresMuch DigitalConnectionGivingRiseto HealthProblems:
Onlinelearningverybadly contributestothehealthproblems asonehastobeinfrontofscreen more.Excessivescreen-timecan fostertoallsortsofphysical problems.Headacheandbad physicalposturearethemajor resultsofdigitalconnection.
Internethastriggereduptodistract studentswithsocialmediaandhas
Ÿ
madeentertainmentjustaclick awayfromeducationalmaterial.
OnlineLearningRequires AdditionalTraining:
Onlineclassesrequiresextraeffort onteacher’sbehalftocreateand makethestudentslearna successfulonlinecourse.
Instructorsneedtobetrainedtoget adeeplearningofthedifferent approachestoteachingandlearning online.It’sagreatchallengetoall
Mrs Vidya S. Gurav at present working as Assistant Professor in Department of Management Studies in D. K. T. E. S's Textile and Engineering Institute, Ichalkaranji. She has completed MBA in Marketing management. She deals and contributes into the area of marketing management, business communication and professional ethics since 15 years. The major area of her research is marketing.
thestakeholdersoftheeducational institutetocreateartificialenvironment ofteachingandlearning.Teachersas wellasstudentsneedpropertrainingto handlethetechnicalaspectofonline teachingandlearning.The combinationofallrequirednewskills foronlineeducationaresochallenging thatitsbitdifficulttotrainall successfully!
Ÿ SomeoftheFieldofEducation canNeverBeSuccessfulwith OnlineEducation:
Primaryeducationwhereinlittle studentsoftheagegroupfrom3
yearto10yearscanneverbe successfullytaughtthesubjectsin anonlinemode.It'snotonlyabout teachingthesubjectstothembut it’saboutmoldingthemwith values.Themedicalfieldof education,thefieldofeducation whereinpracticalknowledgehas toberenderedlikeaerospace engineering,laboratoryrelated coursesetccanneverbetaught online.
Ÿ ExamandEvaluationOnline cannotGiveJusticetothe Students:
Thoughteachingandlearningtakes placeonlineit’sverydifficultto givejusticetothestudentsthrough onlineexamsittingattheirown places.Thecompetitiveexam, examrelatedtogetadmissionto variouscoursesandsome competitionrelatedexamif allowedtogiveonlinefromthe students’ownplacesthentheresult cannotbefairenough.
Henceitcanbeconcludedthatthough onlineeducationhasitsownplus pointsitdoesnotholdthepotentialof changingtheeducationsystem.
“To manage is to forecast and plan, to organize, to command, to coordinate and to control To foresee and plan means examining the future and drawinguptheplanofaction.”
Do you know who has cited this great quote for managers worldwide? It indeed is Henry Fayol, who is still a renowned personality in this highly advanced corporateworld!
He is considered by many as one of the great managers of all time, and he mentioned14managementprinciplesin hisbook ‘Administration Industrielle et Generale’ for being a good manager in any organization. He is also known as the 'Father of Modern Management Theory '
Today,modern-daymanagersfollowhis principles and learn more management pedagogies,andstudentsstartgazingat various courses related to management and end up finding MBA as the best course for management studies However, in changing business paradigm, there are other specialized management courses, i.e., PGDM, whichhavebeenintroducedforaspiring st futuremanagersmovingaheadinthe21 century and newly introduced web3 transition.
Similarly,haveyoueverwonderedwhy thereisaneedforaPGDMcourse?And how MBA and PGDM courses are differentfromeachother,andwhenboth the courses help you to indulge managerialskills?
However, the major difference between the MBA and PGDM programs is the approval,sinceMBAisapprovedbythe UGC (University Grants Commission) and PGDM is approved by the AICTE (All India Council for Technical Education).Moreover,thecurriculumof MBAisfixed,whereasPGDMprovides practical-basedlearningtothestudents.
Although,afteracknowledgingthisfact, many prominent management institutes have now begun promulgating the P G D M c o u r s e i n v a r i o u s specializations. Thus, the St. Francis Institute of Management and Research PGDM recognized the demandformanagementstudiesinIndia andestablisheditsinstitutein1901.
While perceiving the fundamental need forthestudies,Bro.PaulusMoritz, the Founder of the institute, aimed to provide management education to poor andunderprivilegedstudents.
In an Interaction with The Knowledge Review, Bro.Alphonse Nesamony, the current Chairman of the institute, shared his valuable learnings and experiences throughout his educational career and also notified us of the future goalsoftheinstitute.
In 1901, Franciscan Missionary Brothers Rev Bro Paulus Moritz founded the Congregation of the
Missionary Brothers of St. Francis
Group of Institutions, and its International Organization is headquartered at Borivali (West), Mumbai. The institute was established with the vision of reaching out to poor andunderprivilegedstudents.
Bro.PaulusMortizwasappointedasthe first Superior General of the Congregation of the CMSF He had tirelessly worked for the welfare of the brothers and the missions, where his famous dictum was: "As long as you look after the poor, God will look after you!"
It was a relentless pilgrimage for him andhisearlycompanionsinthemission oftheLord,servingthepoorandneedy at all costs in the villages of the entire country,wherever,theyhadbeencalled tofrom1901tilldate,theinspirationof the then founder still continues in the Brothers' Love and Service to the Indianpeopleandbeyond.
StartingmissionsalloverIndia,guiding the brothers through many vicissitudes and storms for more than four decades, Bro. Paulus Mortiz relinquished the office of Superior General in 1941. He
th
wascalledforhiseternalrewardon19 November 1942. After a brief illness, whichhejoyfullyacceptedasaprelude tohisheavenwardjourney.
Bro.Alphonse Nesamony is the current Chairman (Head of Administration) of St.FrancisInstituteofManagementand Research PGDM. He completed his education in fields such as Dip. Philosophy and Theology, BA, MA, PGDM(GeneralManagement).
After completing his education, Alphonse also worked abroad in Germany for eight years and Switzerland for two years as an admin executiveandregionalcouncillor.After that, he taught in the (North- Zone) institutions for eight years and previouslyworkedinschools,hospitals, higher education, and province administrationsfor24years.
He has been a member of professional bodies like IMC (Indian Merchants Chamber Association) Chamber of Commerce and Industry, Bombay Chamber of Commerce and Industry, Education Promotion of India,
ASSOCHAM(AssociatedChambersof Commerce and Industry of India) and All India Christian Higher Education andXavierAssociationofManagement Institutions.
CreedsandInsightsoftheInstitute While highlighting about the institute, Alphonseenlighteneduswiththevision andcorevaluesandethicsoftheinstitute andcitedthevisionandmission-
"To flourish as a seat of learning of international standards for developing an entrepreneurial class of value-based industrial leaders empowered with techno-managerial competence to sustain innovation for building a global businessofthefuture."
Making the vision, the institute has a mission and strategy to fulfil it. While asserting the mission, Alphonse said, "To enter the realm of globally successful B-schools by imparting value-based education for creating responsible and thoughtful citizens who would lead the world by example and excel through innovation, and entrepreneurial spirit and a humanitarianattitude."
The mission of SFIMAR’s PGDM Programme is ‘Creating Transformational Leaders’.
While conversing about the quality policies of the institute, he also shared the Program Educational Objective (PEO)Statementsandassertedthat,
Ÿ
To impart knowledge of basic and advanced concepts of Business Managementandapplicationoftheir tools and techniques for local and globalbusinesspractices.
Education is one of the most important factorsfortheeconomicdevelopmentof any country Professionally groomed andtrainedemployeesarethebackbone for the growth of the business and industrial sector of any country’s economyandprogress.
business schools are striving hard to providequalityeducationtostudents.
WiththeonsetofCOVID-19,theuseof data-driven digital platforms has increasedandchangedthelandscapeof education across the world. The businesseducationmodelinanycountry requiresabalancedblendoftechnology andtheeconomy
Indian management education is grooming students globally as various B-schools have incorporated one foreign language and preached human valuesorculturalstudiesforstudentsto understand the dynamics of people and theirbehaviouracrosstheworld.
While saying so, Bro.Alphonse further said, "The recent AICTE initiative to collaboration with companies to impart training to students is supporting the industry requirement of exposure to practical experience that is helping students to develop their analytical skills "
Ÿ
To equip the students with technom a n a g e r i a l s k i l l s a n d entrepreneurial skills to progress as businessleadersandentrepreneurs.
Ÿ
To instil students on socially acceptable values and business ethics for developing responsible citizens.
Business education in India has served as an anchor to the progress of the business sector The reputation of management schools has significantly grown and contributed to creating humans as a right asset and indulging ready-to-work skillset in Indian students.
It has been further seen that globalization in India is pushing the transitions in education, and thus,
He further adds, "The Indian education system has undergone a massive change and the growth prospects. The system can completely transform the future of business education in India. With the variousapproachesandinitiativestaken by UGC and AICTE and adapting flexibility and industry tie-ups would create students with high calibre and skills."
SFIMAR adopts student-centric techniques to impart practical skills in theirteachingandlearningpedagogyfor their PGDM program.The institute has strong industry tie-ups and collaboration, which made them adopt dynamic programs that are competitive toimpartqualityeducation.
Business schools should take advantage of autonomy being provided under the NEP to develop innovative teaching and learning methods in close collaboration with industry leaders in order to provide productive and employable resources.
Whilehighlightingthedynamicchanges Bro.Alphonse enlightens us with a few oftheinstitutes'featureswhichmakethe SFIMAR's PGDM an outstanding program,andthefeaturesareasfollows:
Dynamic Curriculum- The institute has a robust and industry-connected Academic Advisory and Board of studies for updating the syllabus as per changingbusinessscenarios.
Experiential Learning- Let students practice learning from failures using simulationandmanagementgames.The experience of taking management decisions and getting to debrief the results will sharpen their implementationandteamworkskills.
Ownership and Leadership- Create opportunities for leadership strategies thatmotivateandinculcateownershipof responsibilities. Let students build on their abilities to take independent decisions.
Aftersharingthemostvaluablefeatures which make the dynamic changes, Bro Alphonsestatedthat, "Business schools should take advantage of autonomy being provided under the NEP to develop innovative teaching and learning methods in close collaboration with industry leaders in order to provide productiveandemployableresources."
Hefurtheradded, "According to late Dr S Radhakrishnan, the First Vicepresident of India and a renowned teacher guiding the motto of an educationsystem, and thatshould be the development of personality and faith, formation of character, cultivation of social,moral,andspiritualvalues.
Ultimately the combination of both hard domain skills and soft skills would transform students into resources that meet the requirement of industry and drawrespectfromsociety."
The PGDM Three Dimensional (3D) is one of the most coveted programmes launched in the year 2012. Since, the formative years of its inception, the institutehasbeenconsistentlystrivingto produce industry-ready graduates, who can perform leadership roles in a volatile, uncertain, complex, and ambiguous(VUCA)environment.
While sharing the gigs that majorly created a positive impact on society, Bro Alphonse said, "The mission of SFIMAR’s PGDM Programme is 'Creating Transformational Leaders.' We aim to create well-developed leaders with functional, sectorial and leadershiporientations."
Functionswhichmakethe3DPGDM ProgrammeoftheinstitutestandoutŸ Project-Based learning enables the student to develop intellectual and innovativeabilitiesthathelpthemto
thinkpragmaticallyandactswiftlyto implement application-based knowledge in problem-solving complexorganizationalissues.
Ÿ Regular industry interaction with experts drawn from the industry brings knowledge related to contemporary developments in their respectivefields.
Ÿ International industry visits increase knowledge about Global firms and best management practices Inbound field visits to best-in-class organizations foster the learning process through observation and obtaining knowledge of excellent practices.
Ÿ Highly affordable and subsidized fees provide the opportunity to students from diverse social compositions to benefit from the unique.
Many essential functions enrich the 3D PGDMProgrammeof theSFIMAR.
After noting the impact of the PGDM course, Bro. Alphonse also shared the institutes instilling growth in their learning environment and mentioned a fewlearningactivitieswithus-
Peer to Peer Learning- A peer tutor concept boosts the classroom learning process and makes it more interactive andinteresting.
Mentoring-SFIMARallotsamentorto each student, which transmits informal knowledge, and social capital and also provides emotional support to the students. The Mentor helps them to get relevant work, career, or professional development.
Guest Lectures- Students get an opportunity to learn from the real-life experienceofthespeakers.Theinstitute encourages bringing in alumni as guest speakers, which helps in strengthening thebondandgettingsheerconfidenceby hearingfromthem.
Project Based Learning- To leverage theadvantagesofthisteaching-learning method, the institute initiated a 'Project-based learning approach' inits pedagogy in the academic year 20162017. This approach was introduced at the Institute’s IDEA Meeting (Meeting of Innovation & Development for Excellence in Academics) at the beginningoftheacademicyear.
These are the few activities of the institute, and many essential ones have been induced to enhance their learning environment, such as Preparatory Sessions, Counselling Facility, Orientation Programme, Student Engagement/Capacity Enhancement, Analysis of Data, Eminent Speaker Series, Collaborative Learning, Experimental Learning (Summer and WinterProjects).
heworldisgoingthrougha periodofrapidchangeinterms oftechnologyand globalization.Asaresult,the traditionalmethodsofmanaging businessesneedtobemorecompetent. Thisiswheremodern-daymanagement educationcomesin.Managementisan integralpartofanybusinessor organizationandisincreasingly becomingacriticalpartoftheglobal economy;hencemodern-day managementeducationsystemis rapidlyevolving.
Becauseithasanumberofbenefitsfor businessesandorganizations,itcan helptoimprovedecision-makingand problem-solvingskills,aswellas enhancecommunication,collaboration, andleadershipabilities.Italsohelpsto
increaseproductivityandefficiency,as wellasimproveprofitabilityand customersatisfaction.
Modern-daymanagementeducationis atypeofprofessionaltrainingthat equipsbusinessandorganizational leaderswiththeskills,knowledge,and toolstheyneedtomanagetheir enterpriseseffectively.Itencompasses avarietyoftopics,suchasleadership, strategy,organizationaldynamics,and technology,andcanbetailoredtothe specificneedsofdifferentbusinesses andorganizations.
Modern-daymanagementeducation alsohelpstodevelopabetter understandingoftheglobaleconomy, asitteachesstudentshowtothink strategicallyandmanageglobal markets.Italsohelpstodevelopa betterunderstandingofdifferent cultures,asitprovidesaplatformfor internationalcollaboration.Ithelpsto createamorecompetitiveandefficient market,asitteachesleadershowto makebetterdecisionsandmanage resourcesmoreeffectively
Modern-daymanagementeducation alsohelpstocreatemorestableand prosperouseconomies,asitencourages leaderstothinkmorestrategicallyand developlong-termplans.Finally,it helpstocreateamoreequitableand inclusiveglobaleconomy,asitteaches leadershowtofosterdiversityand inclusivityintheirorganizations.
Thecurrenttrendinmanagement educationisthatitprovides participantswithmoreopportunities andhigherself-confidencetohold high-levelmanagerialroles.Itallows themtotakeadvantageofthe
numerousschoolnetworks,whichcan beagreatresourcethroughouttheir professionallives.
Nowadays,technicalautomation,such asonlinelearningplatforms,isalso freeingupmanagementeducationtime andresources,allowingeducatorsto focusonreal-worldpeople management.Manyoftheirregular taskscouldbeautomated,whichcould changethestudent’slearning.
Formanagementstudy,onlinelearning platforms,includingspecific equipmentsuchasinteractive whiteboards,havebeenusedtoshare content,permitassignment submissions,conductobjective evaluations,anddelivercourses. Despite,theincreasedflexibilityand reachofcampuses,thistrendislikely tocontinueforordinaryacademic programsandexecutiveeducation programs.Innovationsinthisareaare anticipatedtocontinue,allowingmore andmoreexecutiveeducation programstobeofferedonlineorina hybridmode.
Managementinstitutions,likeany otherorganization,requirebusiness processmanagementsoftware, dashboardswithrichvisualizations, projections,andprescriptions, actionableinsights.Inthissense, managementstudentscanbenefitfrom decisionssuchasbuyvscustomizevs build,whichonetobuyorhowto create.Solutionsmightrangefrom commerciallyavailableEnterprise ResourcePlanningsoftwaretocustombuiltstudentlifecyclemanagement systems.Customizedlow-code,nocodeapplicationsforindividualneeds areanticipatedtobecomemore popular
Also,AugmentedReality(AR) applicationsaremakingtheirwayinto courseassignmentsandpresentations todemonstrateproductconcepts, similartohowitisutilizedin marketingtoprovideclientswithan immersivesimulationexperience.VR applicationsanddeviceshavebeen usedtobuildleadershipandsoftskills, andthisisanticipatedtobecomemore frequentinthenearfuture.
Lastly,assessmentsareincreasingly beingconductedonlinesothat participantscancompletethemintheir leisuretime,whilealsoreducingcosts throughspaceoptimizationandmanual evaluationprocesses.Thesetoolscan indicateoccurrencesthatrequirea humanevaluationbytheevaluatorto discovererrors.Whileexisting techniquesareusedtocheckfor plagiarism,emergingArtificial Intelligence(AI)capabilitiesareused morewidelyandefficientlyacrossall contributionsbyparticipants.
Today,managementeducationis helpingtofostercollaborationand innovation,asitencouragesleadersto thinkoutsidetheboxanddevelop creativesolutionstoproblems.It promotesamoreequitableand inclusiveglobaleconomy,asit encouragesleaderstofosterdiversity andinclusivityintheirorganizations.
Modern-daymanagementeducationis havingaprofoundimpactontheglobal economy.Ithelpstocreatemore competitiveandefficientmarkets, reducecosts,increaseprofitability,and createmorestableandequitable economies.Additionally,itishelping tocreatenewjobsandcareerpaths, fostercollaborationandinnovation, andcreateamoreinclusiveglobal economy.
