IANS | 27 Apr, 2021
Vice President M.
Venkaiah Naidu on Tuesday underlined the importance of sustainable development
and said that the world needs business leaders who can look beyond short-term
profit and work for long-term sustainability.
Inaugurating
‘Indian B-Schools Leadership Conclave’ virtually from Upa-Rashtrapati Nivas in
New Delhi, the Vice President cautioned that our pursuit of development should
not come at the cost of the environment.
Drawing attention
to global warming and consequential increase in frequency of natural disasters,
he said that this is impacting businesses as well.
The Vice President
said that our B-Schools play a vital role in our economy and society because future
managers, leaders and innovators are groomed and trained there.
Emphasizing that
education must be socially relevant, he urged the young management students to
visit nearby villages to study and identify rural India’s business & social
problems and come up with viable solutions for the same.
Appealing to the
young managers to have a larger vision of nation-building through businesses,
Shri Naidu said- “Building character, imbibing values and inculcating empathy
in budding managers should be the priority of our Business Schools for a better
and happier world”.
On the issue of
employability, the Vice President referred to India Skills Report 2020, which
pegs the employability of MBA graduates at 54 per cent in the country.
Urging the
B-Schools to think of ways of bridging this gap between enrollment and
employability, Naidu called for increased interaction between academia and
Industry so that students get exposure to real life situations and hands-on
learning.
He also underlined
the importance of enhancing the soft skills of students, which form an integral
part of the overall make-up of a successful manager.
Noting that in the
post-Independence era, US institutions like Harvard and MIT helped Indian
B-Schools, Naidu expressed happiness over the fact that currently many of top
management faculty members in US B-Schools were born and educated in India.
“I find this to be
an excellent example of the interdependence between the two largest democracies
of the world”, he said.
Recognising that
COVID-19 is forcing educators and students to adapt to the virtual mode, Naidu
said that this sudden shift towards online mode of interaction has also posed
several challenges.
He advised the
faculty of B-Schools to focus more on mentoring and guiding rather than
lecturing and instructing. “Even in the virtual context, learners need to
experience navigating their way in the new normal and learning critical
thinking and independent decision-making skills”, he added.