Business schools do theoretically prepare people to take up corporate roles, but there are a few softer aspects that are missed out. Companies hiring even from the most premier institutes have to invest a lot in training the newly hired candidates. So what is it that these fresh pass outs lack in them? What is it that the B-Schools can focus more on, and make it a part of their curriculum? Here are a few.
Ethical behavior & Social responsibility
Most business schools teach their students that money making is the prime motive of a business and that’s what they will be hired for. Whereas, very less importance is given to the fact that it is equally important for organizations to be socially responsible while doing business in an ethical way and positively impacting all the stakeholders.
Instead of fostering a culture of collaboration B-Schools train students for a culture of competition for limited resources which is fine, however only to a certain extent. The ground reality is that collaboration at work is the key to successful teams and organizations.
Entrepreneurship is portrayed as a laborious career choice and most students end up chasing a million dollar job in a well-known MNC.
Intuition & Empathy
In a lot of business schools, marketing is taught more like a scientific process. However, it has a lot more to do with intuition, empathy and creative thinking instead of aping a stringent set of rules and procedures.
B-Schools train people to be impatient and to always be on their toes to achieve results faster. However, in the real world aggression is good, but work done in a haste could ruin its substance and could even result in a worse situation for the business.
Overpromise & try to deliver
In the corporate world, it is always about chasing new business opportunities and meeting sky-high targets. Before one actually enters the business world, s/he does not know about this surreal world where practical figures won’t work and normal efforts won’t suffice.
In times when the corporate world is constantly evolving, in order to make the students perfectly ready for the corporate challenges ahead, B-Schools constantly need to evolve their teaching methodologies, processes and revise their curriculums in terms of innovating and reinventing the kind of exposure and training they provide. B-Schools can make a huge difference to businesses and economies, through meticulous efforts in planning and providing education to develop an efficient pool of potential talent.