Saturday, 23 July 2011

Arindam Chaudhuri - Management Guru

Management education as a term has been defined, redefined and today it is being ill-defined. It's common knowledge that management education can be imparted after doing graduation in any stream, be it history, geography, economics, biology, engineering etc. The most important aspect of the above fact is that management is not that well developed a stream for which one has to spend years of education (5 years or more). What I mean is if one wants to do Masters in Geography, he necessary has to have a bachelors Degree in Geography and the same is with physics, economics, and all other streams of higher education. This is so as all these streams are very well developed and therefore to understand a Masters level theory for micro biology for example requires a perfect understanding of all the  graduation level theories of the same subject. All the other fields of post graduate studies are post graduate in nature because of the higher level of technicalities and theories in them.

What I am trying to drive towards is the non challengeable fact that management as a stream of studies is more hype than content. Infact, after a certain point its actually not possible to develop it any further. That is why today, famous management experts, international management gurus as well as the top management consulting firms in a last ditch effort are trying to come out with newer models which at best border between being silly and at worst being ridiculous. The same theories are today being reformulated with different and more complicated jargons and new circles, triangles, and rectangles added in the same model. English is a beautiful language. From Hallmark to Archies, they all make millions out of this language by putting the same words like "I love you" in millions of different ways in their cards in an effort to produce emotions in their printing factories. Today's management consulting firms and experts are trying to use the same to keep their profession alive.

Anyway coming back to where we were, the fact is management is no nuclear physics for which a very high IQ is required nor is it so technical that only IIT and other top engineering graduates can only understand it. This time I am trying to drive towards the fact that the enormously tough entrance tests for MBA education is absolutely unwarranted and unnecessary. Neither has the level of input imparted got anything to do with it (my point about history to engineering students being offered MBA) nor has the nature of application of the subject. Infact the realization today is that people with more EQ (Emotional Quotient) are definitely better material for a successful manager than those with higher IQ who could definitely do the country some good working in the R&D labs for which the government invests so much on them rather than nurturing ambitions of becoming MBAs and then eventually leaving the country as well.....
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