<p>Speaking at the round table discussion on ‘Business education in emerging market economies’ he ‘said that politicians had to think of subsidies which would solve tomorrow’s problems. <br /><br />He said that a green economy which would increase wealth, add jobs and reduce poverty is what the world needed.<br /><br />The round table discussion was organised by Mysore Royal Academy (MyRA) in association with Confederation of Indian Industry here on Friday.<br /><br />The culture, age group and the environment is right in India for value based business models to succeed said Matthew Frank Barney, vice president and director Infosys Leadership Institute, who was one of the panelists.<br /><br />Other panelists included Prof Rajiv Sinha, W P Carey school of Business and D Sudhanva Managing director, Excel Soft Technologies.<br /><br />The discussion also had CII members Anand Srivatsa, T Dinesh Kumar and executive director, International school for Information Management Shalini R Urs.<br /><br />Quality graduates <br /><br />Speaking at the programme, Prof Rajiv Sinha, Lonnie Ostrom Chair in Business, W P Carey school of Business, Arizona State University, USA At a time when almost every student aspires to be a management graduate, a time when a new B-school takes shape everyday, what the country needs to fuel its growth is quality MBA graduates.<br /><br /> 'We need the managers to understand the needs of the customer and to innovate and market accordingly.<br /><br />Speaking at the round table discussion on ‘Business education in emerging market economies,’ he said in a country which had 1250 approved B schools, 13 IIM's, over a million MBA's and over a million online MBA's, there was a huge shortage of quality managers who were capable of facing the challenges India had. <br /><br />The managers who emerge after business education could not ape or copy the western tools to the Indian scenario, but had to re-think the fundamentals and go beyond shareholder values and profit and loss accounts, he said. <br /><br />There was need for something 'radical' to be done to revamp the faculty, research, curriculum and executive education in business education.The formal structure of education had to focus on potentials of biodiversity such as water, agriculture and forest products which were the prospects of the future, said Sinha. 'Bottom of the pyramid has opportunities. the needs and aspirations of the poor people needs to be understood and tapped by the managers," he added.</p>
<p>Speaking at the round table discussion on ‘Business education in emerging market economies’ he ‘said that politicians had to think of subsidies which would solve tomorrow’s problems. <br /><br />He said that a green economy which would increase wealth, add jobs and reduce poverty is what the world needed.<br /><br />The round table discussion was organised by Mysore Royal Academy (MyRA) in association with Confederation of Indian Industry here on Friday.<br /><br />The culture, age group and the environment is right in India for value based business models to succeed said Matthew Frank Barney, vice president and director Infosys Leadership Institute, who was one of the panelists.<br /><br />Other panelists included Prof Rajiv Sinha, W P Carey school of Business and D Sudhanva Managing director, Excel Soft Technologies.<br /><br />The discussion also had CII members Anand Srivatsa, T Dinesh Kumar and executive director, International school for Information Management Shalini R Urs.<br /><br />Quality graduates <br /><br />Speaking at the programme, Prof Rajiv Sinha, Lonnie Ostrom Chair in Business, W P Carey school of Business, Arizona State University, USA At a time when almost every student aspires to be a management graduate, a time when a new B-school takes shape everyday, what the country needs to fuel its growth is quality MBA graduates.<br /><br /> 'We need the managers to understand the needs of the customer and to innovate and market accordingly.<br /><br />Speaking at the round table discussion on ‘Business education in emerging market economies,’ he said in a country which had 1250 approved B schools, 13 IIM's, over a million MBA's and over a million online MBA's, there was a huge shortage of quality managers who were capable of facing the challenges India had. <br /><br />The managers who emerge after business education could not ape or copy the western tools to the Indian scenario, but had to re-think the fundamentals and go beyond shareholder values and profit and loss accounts, he said. <br /><br />There was need for something 'radical' to be done to revamp the faculty, research, curriculum and executive education in business education.The formal structure of education had to focus on potentials of biodiversity such as water, agriculture and forest products which were the prospects of the future, said Sinha. 'Bottom of the pyramid has opportunities. the needs and aspirations of the poor people needs to be understood and tapped by the managers," he added.</p>
