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Improving the quality of management education
1. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
IMPROVING THE QUALITY OF MANAGEMENT
EDUCATION: PROBLEMS AND PROSPECTS
Renjith Krishnan K, MBA; PGDGBA (Singapore) PhD,
Lecturer & Chairperson-Curriculum Committee
BSD-Shinas College of Technology, Oman
2. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
Before : Recession : After
“Fraudulent firms and financial crisis of
2008 are clear proof that business
schools have not done enough to equip
students with modicum of integrity,
moral courage and moral reasoning”.
(Podolony, 2009)
3. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
Before : Recession : After
“Fraudulent firms and financial crisis of
2008 are clear proof that business
schools have not done enough to equip
students with modicum of integrity,
moral courage and moral reasoning”.
(Podolony, 2009)
4. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
Most of the top executives of these fraudulent
firms were trained in the top business schools
and many believe that management education
has contributed to the systemic failure of
leadership that led to the Wall street
meltdown, 2008.
Richard S. Fuld- MBA, New York University
John Thain- MBA, Harvard University
Andrew Fastow- MBA, Kellogg Business School
5. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
B AIn the time of
R e c e s s i o n
M
“By abandoning their original goal of
producing a professional cadre of
managers, business schools had
created a moral vacuum at the heart
of management education”-From
‘Higher Aims to Hired hands’ by Rajesh
Khurana, Professor of OB- Harvard
University.
6. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
12/17/2017 6
Management education
“Five years after starting your career,
your qualifications do not matter, and
to be CEO you do not need any
educational qualifications”.
Santrupt Misra, Head, HR, Aditya Birla
Group
7. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
12/17/2017 7
Management education
“With average people we cannot
compete in the 21st century. To employ
the best people at least we should
make sure that we are fishing in a
relatively rich pool of talent . We are
not in need of degrees, we are in need
of skills”.
Bill Conaty-Former VP-HR, GE
15. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
The future of education
Text books are not the only sources of
information…“In the school of tomorrow
the students will be their own
instructors………………………………..Schools,
increasingly, must work in partnership
with employers and employing
organizations. ”
Peter F. Drucker (1993). Post Capitalist Society
18. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
Redefine
What they will be able to do after
Graduation. What they must be
able to do after graduation
Redefine
What they will be able to do after
course. What they must be able to
do after course
Our learning materials, activities, assignment, unseen exams,
projects will be designed based on these objectives.
Academic Process Reengineering . We need kaizen not JIT
19. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
12/17/2017 19
Class room teaching: Management basics and
functions.
Soft skill training : Personal and interpersonal
skills.
Training in skill developing activities: Case analysis,
Role play, Seminar, Video analysis and Group
Discussion.
Training in decision making tools: Law and
analytics.
Simulated office with internet connection-
Business Softwres, Excel, Mobile apps, Simulated
Board room, Video lab and observation room,
Video conferencing.
20. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
12/17/2017 20
Help to acquire Knowledge (Latest and
Current) for application. (Digital Delivery)
Skill Development (Decision making,
Presentation/Discussion, research, interperso-
nal, team work, leadership) (Problem based)
Developing positive Attitude critical thinking,
Creativity and innovation andCommunication.
(Interest based Learner centered education)
Objectives of Management lab
21. 12/17/2017
renjith.krishnank@shct.edu.om
Shinas College of Technology
Learning Methodology
Management lab + Assessment center
Rigorous Intellectual, moral and emotional
exercise
Empowering to lead and decide by involving
the students in the process
More sources of knowledge: Company websites,
annual reports, interview with leaders, case analysis,
news papers, Top journal articles and magazines
apart from text books.
