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B-schools just teach ‘theory’
In today’s rapidly changing global economy, upper management in most companies are becoming increasingly dependent on junior managers to take “complete ownership” in their areas of activity.
In fact, asking them to function more or less as entrepreneurs themselves! That can be exciting. But are most of our MBA graduates ready?
A tremendous amount of learning happens both inside and outside the classroom. While the breadth of material covered does not leave room for as much depth, the degree definitely leaves the graduating student confident of the theoretical exposure that he has acquired, coupled with the urge to try it out in practice.
But B-schools seldom provide the intermediary layer between theory and practice, especially in the context of running a business unit as a whole - as an entrepreneur.
I felt this strongly when I faced the first major crisis in my company and the core team of MBA’s that we had were unable to step up.
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Arindam Chaudhuri is the Hony. Dean of the Centre for Economic Research & Advanced Studies at IIPM, New Delhi
On Theory Management
Only for CEOs, Presidents, MDs, Directors, & VPs
Investment Rs.25,000/- per participant
Date : 17th November, 2000
Timing : 2 p.m. to 8 p.m. followed by dinner
Venue : Taj President, Mumbai
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MBA Tag Clouds
