innovative management education
TRANSCRIPT
INNOVATIVE MANAGEMENT EDUCATIONANUP K SINGH, PHD
Why, What and How
What is Innovation?
Putting new ideas into action
Adding greater value to customers through systematic changes
Bringing about major changes in activities, programmes, systems and processes
Improved service New service Improved process New process
Why Do We Need Innovation in Management Education Most preferred type of higher education Most expensive type of higher education A great facilitator of economic development Management education in developing
countries in general and India in particular mimic American management education
Major changes are not visible in management education for long time. However, many scholars and practitioners have shown their displeasure with current state of management education
Innovation in Management Education Processes
Curriculum and courses Pedagogy Assessment Relevance, rigour and relationship Student-teacher relationship Governance Administrative and management
processes
Barriers to Innovation
Educational institutions as fundamentally inward looking organisations
Rigid and archaic academic processes
Lack of customer-centricity Low intensity of competitiveness Lack of research and consulting
culture Poor financial support for innovation
Innovation in Management Education An American educational innovation Case study method – A pedagogical
innovation Project based learning – Another
pedagogical innovation Globalisation of management
education – A curriculum innovation Focus on leadership skills –
Curriculum and pedagogical innovation
Innovation in Management Education in India Sectoral MBA Formats of MBAs Focus on placement Prevalence of private education Massification of MBA
Domains of Educational Services Long-term educational programmes Short-term executive education
programmes Development of instructional
materials Consulting Extension services
Stakeholders of management education Student Participants Firms NGOs Peers Employers Communities Government institutions
Hypotheses of Innovation
HEIs in competitive environment will innovate more that the HEIs in placid environment
Smaller HEIs will innovate more than large HEIs Private HEIs will innovate more than government
HEIs Small duration academic programmes will
innovate more than long duration academic programmes
Professional education institutions will innovate more than liberal arts education institutions
HEIs in an educational hub will innovate more than the HEIs in an isolated environment
Contd...
High formalisation decreases innovation Interdepartmental collaboration
increases innovation Industry integration increases innovation Learning culture increases innovation Global orientation increases innovation Strategic approach increases innovation Centralisation decreases innovation Networking increases innovation
Contd...
Entrepreneurial leadership increases innovation
Interdisciplinary teamwork increases innovation
Student centricity increases innovation
Higher communication leads to higher innovation
Improved MBA
Two internships Continuous mentoring; term-wise
focus Greater focus on ethics,
environment and social responsibility education
Greater teaching by practicing managers
Continuous assessment Focus on employability skills Use of Learning management
system
Examples of New Services
Sectoral MBA Global MBA One year MBA Five year integrated BBA-MBA Executive MBA US $ 2000 MBA Distance learning MBA Mixing of digital and real instruction
Improvement in Processes
Teaching-learning process Case method Indian cases Brief cases Multi-media cases Role plays using
cases Project-based
learning Action learning
Assessment Continuous
assessment Outcome-based
assessment Focus on HOTS Assessment with fun Transparency in
assessment A mix of individual
and collaborative assessment
New Processes
Introduction of Learning management system
Collaborative teaching Course log Supervised student internship Individual learning and leadership plan for
students Use of plagiarism software to examine the
integrity of student assignments Involvement of students in social media
marketing