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The IUP Journal of Higher Education :
Knowledge Gaps and Knowledge Bridges: Working Management for Management Education
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Today most management gurus accept the premise that just as knowledge and information have infused the most mundane products and services, globalism has infused even the educational activities. The heirs of global economy - as they may be called cosmopolitan - may become the elite class of the knowledge society. With an estimated 150,000 aspirants trying to get into business school of repute and the recruiters for them swelling up, the knowledge corporation takes up a differentiated definition for itself. The knowledge corporations have become more relevant than ever before. The world today is rising on the horizon of unalloyed professionalism. To perch on top in the business world is not as easy as it can be said and has to be approached with great caution.

Since cosmopolitanism is a state of mind and every business now has the critical access to the best products, services and ideas from anywhere in the world, it makes all organizations the de facto members of the global economy. Whatever be the mission of the Internalization of education, we must now learn to think and act globally. The time has come when the Indian B-schools must make efforts to fill in the gap between the world top colleges. The global competition is brutal, but its benefits are huge. The international education outlets shall allow us to spread the cost of innovation over a wider customer base. It is the global reach that gives access to a wider array of inputs, whether they may be educational services or merely ideas in both formal and informal manner. Therefore, it is very clear that since education spells no borders, understands no bars, it shall be acquisition, application and dissemination of knowledge which will differentiate winners from losers. The adoption of a global outlook and an effective positioning shall mark us thrive in the next century. The knowledge corporations, and specifically, the B-schools today must offer value to their customersnot only to the students but also the corporate sector.

In the current scenario, when there are multinationals targeting students from Indian colleges, the B-schools are required to make extra effort to meet the demands. Surprisingly, in the universe of B-schools, where there are more than 1,250 of them, the universe of really good management institutes is really going smaller. B-schools of India must have a market-focused strategy to crown the world, and as said "Indian Education system is basically built on scale", we must try not to limit it to the theoretical aspects.

 
 
 

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