Business News Blog Archives
Business News Blog posts insightful comments on the latest international news that render us taken-aback in the domain of the business facet of life. Business-News Blog: Business-Schools News Plan to accredit business schools in South Asia - Move aimed at improving the quality of managers and faculty: November 28, 2007
HYDERABAD: The Association of Management Development Institutions in South Asia (AMDISA), that has premier business schools of South Asia on its rolls, plans to accredit the business schools in the region to help produce quality managers apart from improving the quality of faculty. “Accreditation is not to rank but determine the quality of institutions and help them take stock of their situation and act accordingly,” felt the Deans and Directors of business schools who gathered at the ISB to discuss on “B-Schools in South Asia: Challenges & Strategies.” The meeting was hosted by the ISB in association with AMDISA. Business News Blog: Business-Schools News (Continued) Quality issue The participants included Syed Zahoor Hassan, Vice Chancellor, Lahore University of Management Sciences, Pakistan; M. Rammohan Rao, Dean, Indian School of Business (ISB) and Hafiz. G.A. Siddiqui, Vice Chancellor, North South University, Bangladesh, among others. Commenting that there was a shortage of quality managers, the academics also felt that numbers also mattered in this region. There was a shortage of numbers also but the focus should be on improving the situation in qualitative terms more than quantitative, they said. Dr. Rammohan Rao said accreditation was one such step in that direction. He said accreditation would be extended to relatively smaller management schools but they should fit into the parameters adopted by AMDISA. Dr. Rao said ISB would have more student exchanges with business schools in the SAARC region. Business News Blog: Business-Schools News (Continued) Professional boost Dr. Syed Zahoor Hassan said AMDISA was focussing on providing professional development opportunities for management faculty, promoting research in areas which are of relevance to South Asian management, helping member-institutions undertake research, and finally integrating country reports for wider circulation. Dr. Hafiz G A Siddiqui felt that more important are the non-academic aspects of AMDISA which are to develop cooperation, peace, and harmony in these regions. Business News Blog Comment: There are many courses available in various business schools awarding a business management degree at their successful completion. But they only teach how to manage business, and of course business news as well! They teach management as a tool of business and not as a way of life. They never teach how to manage life. How can you manage your business if you can't manage your life well? How can you be a good business manager if you are not a good mother? They do not teach management as an attitude in life for each and every single thing of it. The main drawback with these business courses is that they aren't able to develop an insight into management, rather they keep hogging on theories, jumping from one to another making it the fad of the time and using its jargon in order to fit the reality into it. How can such business be conducive to life? And how can such managers see beyond their immediate profits in their narrow business objectives? Our business schools are generating an army of swindlers who keep hatching conspiracies to show their competitors down. The better a manager at swindling, the fatter goes her/his pay packet! The only thing that goes poorer is the quality of life on the planet. And then we talk of total quality management! Poor we!
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