siliconindia | | July 20168Globalization and Technology in Today's Management EducationBy Dr. Rajan Saxena, Vice Chancellor, Narsee Monjee Institute of Management StudiesManagement edu-cation is truly global in na-ture. It is one degree which is recognized world-over and has the same kind of connotation. Today, with globalization in education, there are portions of curriculum being developed in different parts of the world and through the in-ternet, business school are learn-ing of the experiences of other business schools at the national and global level. The sector, to-day, is very competitive and in the future it is going to become far more competitive. This competi-tion is not just from the physical campuses of the various institu-tions, national and international, but also from the other educa-tion formats such as the MOOC (massive open online course) and other technology enabled education models available today. Therefore, the competition today is coming up in different forms itself, and what is necessary for institutions is innovation. Pro-grammes have to be made to be more relevant in today's global-ized society and technology has to be included so that the institute can stay connected with the entire student community. Institutions now need to adapt to the chang-ing world which is competitive and where technology is a driving force. Technology has changed the way students are learning, and the way programmes can be delivered to the world at large. Technology has also affected students on a global scale. Students today are far more technology savvy and a lot more aware than their predecessors. This is largely because this is the `Google Generation'. Information is available at the click of a button and this is very empowering for the students. It is, therefore, important for leading institution to develop an engagement model where students are encouraged to participate not just in class discussions but even in programme development, developing course outline structures and contributing to the learning material itself. Students, today, want to be involved and educational institutions will have to look at collaborative tools to build these linkages. If student are to remain competitive at the global level, they have to be able to develop conception skills, execution skills, relational skills, tolerance for diversity, and living in balance with the environment. They also should be able to develop their creativity skill. Skills like conceptualization, problem analysis; problem Dr. Rajan SaxenaDr Rajan Saxena is a management expert, academic, writer and the Vice-Chancellor of the Narsee Monjee Institute of Management Studies, Mumbai. He is a former Director of Indian Institute of Management, Indore, S. P. Jain Institute of Management and Research and ICFAI Business School, Gurgaon. He is also a recipient of the BERG Education Award for 2014. solving and implementation skills need to be developed in students, irrespective of the industry and the company. This might help narrow the gap between industries and business schools. IN MY OPINION
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