Wednesday, March 6, 2013

The evolving role of management Education for the Country

Dr. Devi Singh, Director, IIM Lucknow talks to Ashutosh Harbola of B&E about his stint at IIMs and his views on the evolving role of management Education for the Country

B&E: How do you view the impact of the increasing number of B-schools around the country?
DS:
Management education has undoubtedly been a knowledge and wealth creator globally. Having said that, it has also, in many ways, been reckless in churning out numerous managers for the economy, which has led to deterioration in quality and thereby downgrading the image of management education. Quality is the most important aspect in education, which cannot be compromised upon. Every expansion done has led to compromising on quality at the cost of revenues and quantity. The environment of pressure and faculty unable to give complete attention to students are all indications of deterioration in the education process.

B&E: What has been your most memorable achievement at IIM that you believe will stay in your memories for a long time?
DS:
Every moment spent at IIM Lucknow has been memorable and it has been very close to my heart. There has been a continuous transformation here for the past ten years. With this, we have expanded in every sphere; becoming much more robust with 80 faculties, 2 campuses, decent financial position, largest number of students, good corporate interface with our Management Development Program (MDP)... the list goes on.

B&E: How much have the IIMs contributed to your individual development?
DS:
They have contributed to my development to a certain extent. But I believe that hard work pays off wherever you are. Before joining IIM, I was a part of MDI, where I worked really hard and then IIMs, which was a great stint. I take life as it comes and try to give my 100% in whatever i do.

B&E: How do you rate entrepreneurship as a growth indice for the development of India?
DS:
Infrastructure, technical development and the whole economic environment have created a very enthusiastic and robust platform for entrepreneurial aspirations. It is one of the most significant aspects of growth. Even on the social entrepreneurship front, everybody’s participation is necessary. People should get access to basic healthcare and education so that basic rights are enjoyed by everyone. We need to create wealth, get more people on board, create more quality institutions and see that the entire population benefits.
 

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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