Technology & value sensitisation, an Indian approach in management education
Diversity of ideas has been a fruitful source of thought provocation and innovation. Equity and inclusion, the pre-requisites of a dynamic workforce have initially seen mental clogs in diverse scenario. However, arrival of new approaches like AI will definitely ensure participative and more vibrant work culture. We need to embrace technology whatsoever if it improves and ensures efficiency and transparency.
History of business says that the future needs to be intelligent and collaborative with data everywhere if it has to solve the problems the society is facing especially those of Economy and Climate Emergency. The incumbent generation owes a lot to the future and hence sensitivity with 100% focus on environment is the need of the hour. In fact Business Schools across the globe can contribute tremendously on this front. They need to reinvent themselves away from just being a teaching shop and employment generating unit. Climate solution is not just a science centric problem. It has got deeper insight into human value system and requires a holistic perspective to look at the problem and solutions.
The talk on ESG as non-financial factors, has been recently gaining increasing currency in the industry. Many a firms in India are witnessing CEOs inclining more on ESG than on other parameters of performance. All this however definitely concludes one thing that we are more serious this time than what we have been in books and on formal chat forums when it comes to the environment. IT has helped mankind and will definitely be a saviour to the challenges being unfolded by the environment crisis the world is passing through. The arrival of Metaverse as combination of AR, VR, MR and many other dimensions of IT will be the new tool to understand the surroundings for accurate solutions required. Business Schools while adopting Metaverse approach shall have to go beyond just simulations and case crunching in various facets of business discussion and understanding. Although, the agility of transformations and metamorphosis of the Business Schools have been marvellous as a response to the triggers posed by the environment. However, to take it down to the level of students and the current generation requires an institutionalised concerted effort in a bid to make our academic delivery wholesome and balanced one.
Ajay Kumar Garg Institute of Management, Ghaziabad (AKGIM) has a system of regular evaluation and continual change in everything undertaken to ensure the requisite value creation and its delivery takes place. Besides, stressing on the data driven approach to teaching, we have stood firm to what we call is balancing of value engineering and technology in the classroom. This all, however, has to be complemented by a dynamic leadership which is able to convert vision into strategy and implement the same along with the faculty members for expected outcomes.
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