People and Management March 2019 | Page 28

PERSPECTIVE Business School Trends that will Dominate the Future S hocking reports have revealed a vast skills gap in India, with several surveys suggesting that more than 75% of graduates are not employable in any sector based on industry standards. This has sparked growing concern about the mismatch between universities and the needs of the job market Universities often cite the need to adhere to a tight curriculum rather than keep up with industry changes. Universities have faced flak in the recent years over inflexible curricula, rote teaching and learning and lack of experiential learning outside the classroom. But academics say that industry expectations are often unrealistic and misguided. In a nutshell, there is a big gap between 28 | Vol. 10 Issue 3 • MARCH 2019, Delhi NCR Deepak Bharara Director, People A2Z what Industry expects & what a Business School delivers in terms of preparedness of students to take up industry jobs or start up business on their own. There is strong need for Business schools to predict future needs & navigate their pedagogy to be better suited for future needs. Business Schools have to forecast future, keeping in view the Technology, Customers, Science & Business. A fusion is required between emerging trends & our Indian values/ethos Technology advancing faster has come up in a big way in our daily life & is distrupting many business models. The business trends are accelerating, so, the business schools have to act differently.