The Xavier Institute of Management and Entrepreneurship (XIME) kicked off a two-day international conference on ‘Management Education: Coping with the Emerging Trends in the Globalised World’ in the city on Tuesday.
In his introductory remarks, J. Philip, president and director-emeritus, XIME, said that despite the disruptive trends, the need for a global manager remains unchanged. “Volatility is a distinct feature of the globalised world and creating managers who are equipped to cope with these challenges and opportunities will remain the task of management education,” he said.
Delivering the keynote address, Rajiv C. Lochan, CEO and MD, Kasturi and Sons Ltd., said that in the next 15 to 20 years the economic centre of gravity would move further east, with India playing a major role. “In this context, management education needs to think about how to create ‘triathlete’ managers who can interact and work across sectors: private, public and social. Institutes need to equip future managers to take value-based decisions,” he said.
The current political atmosphere in the United States will take the opportunity away from the western world, said John Delaney, dean, Kogod School of Business at American University, during a session on ‘Perils and pleasures of globalised education: Stakeholders’ perspective’. He said the restrictions imposed will adversely affect management institutes in the States, with students choosing to study in other countries.
The other sessions of the day were on ‘Building network and partnership for globalised education’ and ‘Using technology to impart management education’.
Fourteen foreign delegates are participating in the conference along with industry experts. On Wednesday, the conference will discuss the role of transnational corporations, funding support for global exposure, and an action plan for management education.
