| | 8 May 2016HIGHERReviewGlobalization and Technology in Today's Management EducationBy Dr. Rajan Saxena, Vice Chancellor, Narsee Monjee Institute of Management StudiesManagement ed-ucation is truly global in nature. It is one degree which is recognized world-over and has the same kind of conno-tation. Today, with globalization in education, there are portions of curriculum being developed in different parts of the world and through the internet, business school are learning of the experi-ences of other business schools at the national and global level. The sector, today, is very competi-tive and in the future it is going to become far more competitive. This competition is not just from the physical campuses of the var-ious institutions, national and international, but also from the other education formats such as the MOOC (massive open online course) and other technology en-abled education models available today. Therefore, the competition today is coming up in different forms itself, and what is neces-sary for institutions is innovation. Programmes have to be made to be more relevant in today's glo-balized society and technology has to be included so that the in-stitute can stay connected with the entire student community. Institutions now need to adapt to the changing world which is competitive and where technol-ogy is a driving force. Technolo-gy has changed the way students are learning, and the way pro-grammes can be delivered to the world at large. Technology has also affected students on a global scale. Students today are far more technology savvy and a lot more aware than their predecessors. This is largely because this is the `Google Generation'. Information is available at the click of a button and this is very empowering for the students. It is, therefore, important for leading institution to develop an engagement model where students are encouraged to participate not just in class discussions but even in programme development, developing course outline structures and contributing to the learning material itself. Students, today, want to be involved and educational institutions will have to look at collaborative tools to build these linkages. If student are to remain competitive at the global level, they have to be able to develop conception skills, execution skills, relational skills, tolerance for diversity, and living in balance with the environment. They also should be able to develop their Dr. Rajan SaxenaDr Rajan Saxena is a management expert, academic, writer and the Vice-Chancellor of the Narsee Monjee Institute of Management Studies, Mumbai. He is a former Director of Indian Institute of Management, Indore, S. P. Jain Institute of Management and Research and ICFAI Business School, Gurgaon. He is also a recipient of the BERG Education Award for 2014. creativity skill. Skills like conceptualization, problem analysis; problem solving and implementation skills need to be developed in students, irrespective of the industry and the company. This might help narrow IN MY VIEW
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