Pedagogical Changes And Challenges
For The Future Growth Of Decision
Sciences
Prof. Dr. Uday Salunkhe & Dr. P. S. Rao
Abstract
Knowledge, Innovation and change in business schools have not been researched asintensively as business and industrial organizations anywhere. If these three are to flourishin B-schools it is critical that the mechanism which can sustain and encourage should beunderstood clearly. The significance of these three raises the need of new teaching andlearning methodologies. B-schools require constant monitoring to identify the areas ofpotential improvement and to improve the quality of teaching and learning models. Anattempt is made in this paper to address the new challenges and emerging issues for bothteaching and practice of decision sciences.Key words: Knowledge, Innovation, change, teaching methodologies.
IntroductionManagement Science (MS), or Decision Science (DS) is the discipline ofusing scientific research-based principles, strategies and other analytical
methods, such as mathematical modeling to improve any organizations
ability to enact rational, meaningful business management decisions. The
field is also known as Operations research (OR) in the United States, or
operational research in the United Kingdom. These three terms are often
used interchangeably to describe the same field.Decision Sciences are concerned with developing and applying modelsand concepts that may prove useful in helping to illuminate management4
issues and solve managerial problems. The models used can often berepresented mathematically, but sometimes computer-based, visual or
verbal representations are used as well or instead. The range of problems
and issues to which management science has contributed insights and
solutions is vast. It includes, deciding the appropriate place to site new
facilities such as a warehouse or factory, identifying possible future
development paths for parts of the telecommunications industry,
establishing the information needs and appropriate systems to supply them
within the health service, and identifying and understanding the strategies
adopted by companies for their information systems.
In the modern economic scenario all over the world- "Management" - as astream of education and training has acquired new dimensions.
Management as a Decision Science is an exciting field where you can have
an immediate impact on the operations of any business. The field of
Management is dynamic in nature. New tools and techniques are
continually being introduced to improve the efficiency, productivity, and
profitability of any organization. All organizations and their departments,
functions, or groups use Management methodologies, which include
problem solving techniques and guidelines for various related activities.ObjectivesThe main objectives of this paper are1.
to examine the present status of management education and to findout ways for quality improvements in the current system so that
business responds to current paradigm shifts and global dynamics.schools to improve the quality of teaching and learning models.2.
MethodologyThe methodology used was secondary data sources and survey of literatureavailable on the internet, journals, newspapers and the proceedings of the
Annual Conventions conducted by AMDISA, South Asian Management
Forum, AIMS, IAMD and ICUBER. This gave a broad overview of what has
been happening in the areas of management education in different business
schools.
5
Quality of Management Education - challenges of changing scenarioThe world around us is changing and changing very fast. The speed ofchange is so fast that we cannot turn back. The changes are visible in
multiple forms and in multiple directions. The qualitative aspects of
management education are as important as its technical aspects. It should
equip students with management skills and expertise and develop in them
the right attitude.Knowledge is the driving force in the rapidly changing globalised economyand society. Quantity and quality of specialized human resources in
management education determine their competence in the global market.
Emergence of knowledge as driving factor results in both challenges and
opportunities. It is well known that the growth of the global economy has
increased opportunities for those countries with good levels of education.In a true sense, Internationalization of management education needsnumber of changes and the thrust areas of management education
requiring quality improvement are the following:1.
Course Curriculum 2.Teaching Methods 3.Teaching Faculty 4.Researchand Innovation, 5.Industry Institute Linkages and 6. Foreign
collaborations.Course Curriculum1.
In the context of a rapidly changing global economy, Universities / BusinessSchools have to learn to cope up with the emerging challenge. It calls for
changes rather than updating curriculum to take up the challenges. The
updating / restructuring course curriculum includes the following
i)
International OrientationThe course curriculum should be of international character. Thecurriculum bounded by national boundaries will not serve the purpose
in present scenario. The stiff competition from global players made it
mandatory for every organization, to study the issues from
international perspective. The studies should include global issues
like gender, nuclear, economical, social, political, cultural diversity and
foreign policy etc.6
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Uday Salunkhe - Pedagogical Changes And Challenges
"This article gives an in depth analysis on the Pedagogical Changes And Challenges
For The Future Growth Of Decision
Sciences. It has been co- authored by Dr. Uday Salunkhe, Director of the prestigious Welingkar Institute of Management and Research. "
For The Future Growth Of Decision
Sciences. It has been co- authored by Dr. Uday Salunkhe, Director of the prestigious Welingkar Institute of Management and Research. "
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