Paradigm shift in Indian Management System

Ludhiana, August 11, 2020: A workshop on Paradigm Shift in Indian Management System was jointly organised by University Institute of Applied Management Sciences, University Institute of Engineering and Technology and the PU Regional Campus, Ludhiana.
Prof. Upasna Joshi Sethi said that in the current changing scenario, there is a need to understand the Indian way of doing business and paradigm shift in Indian management system.
Prof. Raj Kumar, Vice Chancellor, Panjab University, emphasised on research on the Indian management system. He said we conduct so much research on the American system but our own management system is not studied by researchers and this Indian system is so old with lot of managerial lessons which are valid till date. He added that today’s workshop is a small beginning in this direction and there is a long way to go.
Ramashish Singh, Regional Organiser, Pragya Pravah, Eastern UP and Bihar, highlighted how Indian scriptures like Mahabharta and Ramayana added great value to the management domain. Bhagvad Gita is a book of Psychotherapy. It is amazing to study how large events of those ancient times were organised and so many rulers used to attend.
We are forgetting our values and are moving towards short term gains, he said, and added that today we need value based leaders and managers.
Atul Kothari, National Secretary, Shiksha Sanskriti Utthan Nyas, New Delhi highlighted that quality of management education is a challenge today as 70% students who obtain management degrees are not worth to be called management graduates.
Management education system of India should include Indian culture, nature and development in curriculum. Physical, economic and human power must be integrated in it.
Concepts like self-development, psychology, pollution and waste management, disaster management, human management, environmental management, health management and time management should be an essential part of management education.
Teaching pedagogy also needs a change.Instead of only foreign case studies, Indian cases should also be taught in business schools.
He cited examples of Kumbh Mela, Dabbawala’s in Mumbai which are very successful management case studies and are developed by foreign universities.
He urged Indian universities to come up with Indian industry case studies and prepare a booklet of Indian business based case studies.
Our literature including Chanakya, Shivaji, Ramayana and Mahabharta has given priority to values.
There is a need to integrate these lessons. He said that creativity can be fostered if courses are made and taught in the mother tongue.
Prof. S. K. Dubey, Director, Institute of Management Studies, BHU in his address compared management practices of 1980s and 90s with the present time. He said that companies now are dealing with informed customers so it becomes important to understand consumer psychology.
Dr. H. Anand, Economic Advisor, Vardhman Group, Ludhiana shared best industrial practices and urged management institutes to focus on value based education.
Lord Diljit Rana, MBE, Baron of Malone, Member House of Lords, UK, shared his experiences of Western and Indian management system. He said due to ethics and values that were taught in India he was able to contribute in bringing peace in Northern Ireland.
Dr. Monika Aggarwal, Associate Professor, UIAMS, Prof. Ravi Inder Singh, Director, PU Regional Campus, Ludhiana and Prof. Sakshi Kaushal, Professor, UIET were the main organisers of the Workshop.

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