New Delhi, Oct. 1: Enter, Indian Institutes of Master (of at least one).
The Indian Institutes of Management are in the process of identifying niche areas — each different from what the others choose — so they can project themselves as centres for excellence in these domains.
The idea is the premier B-schools, which plan to reinvent themselves as master of at least one instead of being a jack of all trades, will each promote expertise in the chosen field.
IIM Lucknow, for example, has identified sustainable business as the area it would focus on, while IIM Kozhikode would concentrate on building leadership in educational institutions.
Sources said the initiative followed a decision taken at a meeting HRD minister M.M. Pallam Raju held with IIM directors and chairpersons in April this year.
The IIMs, mandated to produce professionals in management according to their memorandum of association, have been providing postgraduate programmes (PGPs), which are equivalent to MBA, as general courses in management.
IIM Lucknow director Devi Singh said his institute had chosen sustainable business as its niche area and would conduct research and provide models so that new managers can handle business in a manner that causes minimal negative impact on the environment, society and the community.
“Agri-business and other kinds of sustainable business will be our focus areas,” Singh told The Telegraph.
The business school’s decision should resonate with activists at a time environmental degradation through toxic waste has become a major global issue.
IIM Kozhikode director Debashis Chatterjee said his institute would focus on building leadership in educational institutions. The education sector has expanded over the past decade, particularly through involvement of the private sector.
There are now more than 8,000 engineering and management institutions in the country, up from about 3,000 in 2003. In the general stream, there are about 600 universities and 32,000 colleges. The country has about 15 lakh government schools and two lakh private schools.
“Education management is a big area. The principals, deans, vice-chancellors, directors and other leaders need skills on how to prepare the road map for balanced growth of institutions and serve the society. We will develop specialised courses,” Chatterjee said.
IIM Ahmedabad, IIM Calcutta, IIM Bangalore and IIM Indore are in the process of identifying their domain areas, a senior HRD ministry official said.