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Shaking up the Governance

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In this piece I wish to analyze the prevailing governance and administrative structure in Indian universities/ institutions. Few features, particularly n oticeable  among centrally funded universities/ institution, are: governance structure do not encourage competition hence fail to set ambitious target.  majority of the senior administrative positions is less strategic and more operational in content and nature.  all appointees to these positions are made by the head of institution from a pool of senior faculty within the system.  these positions are not open for a competitive search with a co m parable compensation.  A competitive spirit, therefore, is lacking among the Indian universities/institutions.  Why not follow the global best practices of governance in academic system? Let us understand what it entails. Every organization exists in public affairs with a long term 'vision' that is realised by undertaking specific 'mission' mode activities under the guidance of

Tracking History of Management Education

The history of Management education, particularly MBA programs is rooted in the times of industrialization which first began in Britain in the 18th century and quickly spread to other parts of Europe and rest of the world. Societies, p rior to that , were  predominantly agrarian and rural, which, permanently changed  to industrial and urban with introduction of t he transcontinental railroad, the cotton gin, electricity and other inventions.  The early MBA courses were mostly training programs in accounting and bookkeeping. Those were regarded as sufficient for running a business. The Aula do Comércio in Lisbon, established in 1759, was the first institution to specialize in the teaching of accounting in those times.  Gradually need for skilled management professionals started rising with the growing  corporations . This led to the start of Business Schools. ESCP Europe, established in Paris 1819, happened to be the first one that now has campuses in several other European cities viz