B SCHOOLS CONUNDRUM- WHO WANTS TO CHANGE?
While we lament the quality of management education in this country, but we do a precious little to improve it. Sometimes, we get a feeling that none of the stakeholders want to change yet expect positive change to happen. That cannot be the change trajectory. There is a comfort level this ecosystem has created & everybody wants to enjoy, till the time the party lasts. Quite a suicidal thought process, bargaining short term gain at the expense of decimation.
It is the biggest paradox of our times that the people who run & teach in business schools can’t keep their house in order. These mentors would create MBAs who would change the world. The whole ecosystem is meant for students, they are the real beneficiary. They should have the zeal & passion to extract the best of the academic resources available. Gaining skills & competencies to match the requirements should be relentless journey. Otherwise, dreaming dream placements can only be a pipe dream. Mediocre spoon feeding spells disaster. Merit is in question, make believe transformations don’t happen.
The faculty is the other reference point. Is teaching their calling in life? Does learning give them fulfilment? Do they hold themselves responsible for the performance of the students? With the fast changing requirements of a MBA student, are they changing in a commensurate manner. They are the knowledge change agents. They should business leaders & not just managers. Inspiration with up to date content & pedagogy will be the killer.
The management seems to have created these schools not to impart knowledge but to extract as much as they can from their investment. B School is created, if it found better compared to other businesses. Being autonomous helps them to play with whole academic life cycle. Providing legality to mediocrity & foul play in the name of the game. Curriculum, content & pedagogy all support these ill motives.
B SCHOOL STAKEHOLDERS ARE SEAMLESSLY ALIGNED AT THE COST OF EDUCATION