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Best Practices in Management Institutions for Global Leadership: Policy Aspects

Best Practices in Management Institutions for Global Leadership: Policy Aspects
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Author(s): Mukund Deshpande (Independent Researcher, India)
Copyright: 2017
Pages: 27
Source title: Management Education for Global Leadership
Source Author(s)/Editor(s): Neeta Baporikar (HP-GSB, Namibia University of Science and Technology, Namibia)
DOI: 10.4018/978-1-5225-1013-0.ch001

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Abstract

Globalization has been the ensuing source of multiple opportunities and concerns as well for the Management Institutions as they cross through twenty first century. They face diverse challenges in their operations, students' liking or behaviour and the business environment. MBA programmes, for many years, enjoyed reputation and growing prestige in the business world. Today, however MBA programmes face strong disapproval for deteriorating to pass-on useful skills that are incapable to prepare leaders and unable to inculcate norms of ethical conduct and even weak to lead graduates to good corporate jobs. The state of affairs has made these Institutions indispensable to relook for instant actions to bring them back to same respect they enjoyed. Insight into the aforesaid concerns reveals a ‘Bi-lateral' instrument that has superior utilitarian and balancing character, coupled with ‘Tri-dimensional' feature of framing the policy, delivers highly effective results to best practices, for managing the Institutions to regaining global leadership.

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