www.peopleandmanagement.com
is available on the intraspecifi c digital portals
wherein the students have access to view the
lectures multiple times. They also use the online
portal for assignment and project submissions.
Colleges use fi ngerprint scanning machines
to record the attendance of students. From
virtual classrooms to results publishing, every
otherwise daunting and time consuming tasks
have been simplifi ed and eased out through the
usage of technology.
B-schools of the future will move away from
the board and desk structure of the classroom
as online learning and experiential tutorials
via virtual reality increasingly offer the same
classroom feeling. The focus will be less on theory
and more on learning by doing, offered only by
non-classroom learning. Contests will replace
tests. This will make transition from student
to professional smoother, creating more evolved
managers.
Rise of ‘Entrepreneurial Education’
Higher education institutes and even large
business houses are encouraging entrepreneurship,
as start-ups are the current trend in the market. By
all accounts, business students in the current
generation are more interested in pitching
their own business ideas than searching for
jobs as they believe in their ideas more. This
behaviour is exhorted by the success stories they
are surrounded with, like Flipkart, Snapdeal,
bookmyshow, OYO etc. The government wants
more job creators and acts as good incubators to
the start-ups, nurturing and mobilizing resources
and creating policies that are benefi cial to them.
With this in effect, it is of paramount importance
for business schools to enhance the capabilities
of aspiring students by supplementing them with
the required set of skills to handle a start-up and
mature & grow successfully.
The future will belong to schools that create
the most entrepreneurs. This calls for a new style
of education with block-chain and deep learning
labs. An ecosystem to nurture students to fulfi l
their dreams of creating something big and
interesting.
The government wants more job
creators and acts as good incubators
to the start-ups, nurturing and
mobilizing resources and creating
policies that are benefi cial to them.
More and more Diversity
For years, Business schools have been making
a concerted effort to attract a more diverse student
body. Little by little, they are making progress.
Changing demographics and efforts to be more
welcoming are helpful. The Millennials in class
now are used to more diverse work and school
environments. We expect this trend of diversity
to continue moving forward.
The Business of ‘Giving’
In the post capitalist era, philanthropy is just
as important as consumption. Corporates are
looking at new ways to engage in giving back, over
and above CSR stipulations. This will refl ect on
b-schools, in various ways, from increased intake
of underprivileged and marginalized students,
to courses demarcated for better management
of environment, emancipation and charitable
causes. Business schools are expected to help
make it a more balanced world.
It’s all about preparation. There’s still time to
prepare if you accept what’s coming.
And that’s what the Business Schools have
to strive for than ever before. Most people will
be left behind. They’ve found a routine that
works. They’ve settled in. They don’t realize
these trends are accelerating. They can’t see
that we’re moving forward at a faster rate than
we were last year.
We’ll all be expected to accomplish more
than our predecessors. If you’re unprepared,
the (wrong) answer is work harder. If you’re
prepared for what’s coming, you’ll realize the
right answer is to augment your work. And that’s
what B-school education has to work around. To
make you ahead of the pack. P & M
Vol. 10 Issue 3 • MARCH 2019, Delhi NCR |
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