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Monday, December 30, 2013

Re: Re: [MTC Global] On the job learning Vs MBA

Dear All,

The concept of management is as old as man.

What today we assume that management is an outcome of something like factory related stream. F
W Taylor introduced the term "Scientific Management", workforce into categories thinkers and
labor (operators)with the sole objective of enhancing rate of production, then came OB based,
then Process and then Quantitative management concepts.

Management in a way is a tough job in the sense that a manager needs to be a specialist/master
at least in one area/trade duly associated with skills like communication, reading the mind of
people, channelizing their attitudes/minds, TA and maturity.Please note a manager plays with
the minds of people who are motivated by virtue of mastery of a manager, and humane behavior.

If we look at the quality of our intake this prerequisite is hardly met and more or less same
scenario of faculty. Most of the students go for Marketing or HR, a few for finance and few
for operations.

On one hand we have increased number of B-Schools and intake but limited efforts are made to
generate quality faculty and industry focused curriculum on the other. Can we improve the
scenario by admitting students who have put in at least 2-3 years experience in an
organization?

Regards.

Yours,

__________________________________





On Mon, 30 Dec 2013 11:39:46 +0530 wrote Marketing, HR
> At the outset I would like to thank our Dear President Prof Dutta for initiati, .ng
discussion on such a burning topic, given the doubts being expressed in some quarters about
the relevance of business management education as such.Yes there was a time when companies
like Sriram used to recruit just graduates and train them in company's ethos etc. But thanks
to introduction of concepts/tools like division of labour, ,shopfloor/mass production etc the
need of the hour was to maximise the output while minimising the costs. That's how the quest
for something landed us with management as an excellent tool to maximise the output etc.Coming
to viewing management education as the panacea is like closing our eyes to the ground
realities. That's why many of the BSchools are having a mix of academic and industry people on
the faculty so as to make the students practice the mantra of Read, Reflect and Relate.Further
BSchools which are consistently revising their curriculum keeping in touch with industry
(ensuring industry institute interaction) are doing extremely well.In other words formal
management education refines the analytical and managerial skills of the managers. With so
much data around and decision making (effective) becoming critical business management
education does add value to existing experience.My take is right balance. If we can encourage
experienced people to come for business management education it would further strengthen this
stream of education. For a b school to remain relevant is to innovate, ,adopt and
improvise.New year greetingsDrAJagan Mohan Reddy

Sent from Samsung Mobile


-------- Original message --------
From: "Prof. Bholanath Dutta"
Date: 29/12/2013 23:43 (GMT+05:30)
To: join_mtc
Subject: [MTC Global] On the job learning Vs MBA


Graduate degrees, including the MBA, have proliferated in subjects and fields where on-the-job
learning used to be standard. Instead of being paid to learn, you must now pay to learn. So
careers which used to stretch from college graduation at 21 to retirement at 65 are now
compressed between graduate school graduation in your late 20s and early retirement in your
early 50s. You now have two decades to maximise your lifetime earnings rather than four.

The questions this poses for MBA programmes are ethical ones. Do they provide sufficient value
to students whose career spans are shrinking? Is it right for them to charge what they do for
the service they provide? Or are they peddling a qualification which has simply transferred
the burden of educating managers from companies to individuals, who now have ever decreasing
time left to cover its cost?

--
EDUCATE, EMPOWER, ELEVATE
Prof. Bholanath DuttaFounder, President & ConvenerMTC Global: ISO 9001: 2008 Certified
Participant: United Nations Global Compact
Website:www.mtcglobal.org/ www.knowledgecafe.org
president@mtcglobal.org/ president@knowledgecafe.org

Cell: +91 96323 18178






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MTC GLOBAL- Educate, Empower, Elevate

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Regards,

Dr P H Waghodekar
Advisor (HR), IBS & PME (PG)
Marathwada Institute of Technology,
Aurangabad: 431028 (Maharashtra) INDIA.
(O) 02402375113 (M) 7276661925
E-Mail: waghodekar@rediffmail.com
Website: www.mit.asia

Engineering & Management Education: An Engine of Prosperity.

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MTC GLOBAL- Educate, Empower, Elevate
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