Professor M. S. Rao’s Vision 2030: One Million Global Leaders

© 2015 MSR Leadership Consultants India. All Rights Reserved. This is a nonprofit blog to share Professor M.S.Rao’s passion and vision to build one million students as global leaders by 2030. The use of this material is free provided copyright is acknowledged and reference or link is made to the Blog http://professormsraovision2030.blogspot.in. This material may not be sold, or published in any form, or used in the provision of business services to a third party without permission.

Thursday 10 December 2015

“What They Don’t Teach You in Business Schools?” ―Professor M.S.Rao

“By three methods we may learn wisdom: first reflection, which is noblest; second, by imitation, which is easiest; and third, by experience, which is the bitterest.” ― Confucius

Globally business schools are often accused of shelling out unethical leaders whenever global companies collapsed. Some business leaders often blame that business schools don’t keep pace with the rapid changing global business environment. And the business schools often blame business world for not associating and interacting with them. Who is to be blamed in this regard? This article underscores bridging the gap between the business world and business schools through empathy, understating and mutual respect.

What Business Schools Don’t Teach?

Most students opine that business schools don’t teach what is essential in the business world. It is true to some extent. Business education is not a technical education to do experiments in laboratories to test and verify the theory and formulae. Business education is learnt by the management graduates mostly by trial and error method in the corporate world. You cannot become a crackshot unless you lose some ammunition. The students must get exposed to the industry to gain experience to grow as successful managers and leaders. They must explore, experiment, fail, fall and bounce back to grow as successful leaders. Additionally, the students who intend to pursue business education or management education must have work experience to reap its rewards. It enables them to relate theory taught in the classroom with their practical work experience. Unfortunately, in India most students pursue MBA or management education continuously without having employment experience. The ideal concept of Indian education is from KG (Kinder Garden) to PG (Post Graduation).

Business Schools Serve as Platforms to Management Graduates

Business schools serve for management graduates as platforms to explore the corporate world. They cannot make these graduates as full-fledged managers and leaders overnight. They teach something of everything, not exactly everything of something. They teach various subjects opted by the students. They impart business education to students with theoretical concepts backed by case studies of successful leaders. It helps students get into the shoes of the situation, explore various options and make decisions accordingly. In fact, the real knowledge comes to management graduates only in the corporate world as they experience realities and understand the real challenges to gain their confidence.

Business School versus Business World

There are a number of other challenges for the existing gap between the business schools and business world. Business schools prepare students based on outdated curriculum. However, the industry expects the students to be plug-and-play employees who must be productive on the very first day in the corporate world. Additionally, the qualified management graduates find it challenging to adjust to the corporate realities as what is taught in the classrooms is totally different than what is experienced in the workplace. Presently the teaching pedagogy in business schools is mostly faculty-centric, not student-centric and industry-centric. The curriculum in the business schools doesn’t keep pace with the latest trends, times and technologies resulting in a huge gap between the corporate expectations and campus realities. Hence, to bridge the gap between the business schools and business world, both industry and institute must interact regularly to find out the expectations to deliver goods accordingly. There must be periodical visits by management educators to the industry and the industry experts’ visits to the business schools. It helps bridge the gap between the business schools and the business world. It helps students understand and appreciate the expectations of the industry and mould accordingly to grow as successful managers and leaders.

Bridge the Gap between Academia and Industry

The educators in the business schools must be a blend of industry, teaching, training, research and consultancy experience. It helps them integrate their knowledge in various spheres and share with students successfully. Additionally, it is essential to encourage specialized courses to prepare the management graduates to become master of their trades, not just jack of their trades.

Both business schools and business world are two sides of the same coin for management graduates. The greater efforts must be made by business schools to bridge the gap between academia and industry. To conclude, instead of blaming business schools, it is better to empathize with each other, understand the limitations of others and rise up to the expectations to ensure quality management education.

“You can teach all sorts of things that improve the practice of management with people who are managers. What you cannot do is teach management to somebody who is not a manager, the way you cannot teach surgery to somebody who’s not a surgeon.” ― Henry Mintzberg

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Life is great!

Professor M.S.Rao, India

Founder of MSR Leadership Consultants India

Recipient of 10^th International Prestigious Sardar Patel Award―2015

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21 Success Sutras for Leaders: Top 10 Leadership Books of the Year (San Diego University) Amazon URL: http://www.amazon.com/21-Success-Sutras-Leaders-ebook/dp/B00AK98ELI

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This is a nonprofit blog to share Professor M.S.Rao’s passion and vision to build one million students as global leaders by 2030. Please don't cut articles from my blog and redistribute by email or post to the web. The use of this material is free provided copyright is acknowledged and reference or link is made to the Blog http://professormsraovision2030.blogspot.in. This material may not be sold, or published in any form, or used in the provision of business services to a third party without permission.

Wednesday 9 December 2015

Professor M.S.Rao Successfully Led Video Conference on his Award-Winning Book ‘21 Success Sutras for Leaders’ in Tata Consultancy Services (TCS)

Dear friends,

I am excited to share with you that I was invited by Tata Consultancy Services (TCS) on November 18, 2015 to share my knowledge with their leaders through video conference on my award-winning book ‘21 Success Sutras for Leaders’. This book was ranked as one of the Top 10 Leadership Books of the Year for 2013 (San Diego University) http://professormsraovision2030.blogspot.in/2015/06/21-success-sutras-for-leaders-sample.html I enjoyed interacting with their igniting executives who were very passionate about learning. They asked several questions on career, leadership and CEOs. I enjoyed interacting with them. Here are the 21 success sutras to acquire to grow as a great leader:

1. Leadership is a Responsibility, not a Badge of Honor

2. Character Counts, not Charisma

3. Be a Coach, not a Critic

4. Build Bridges, not Barriers

5. Fight for Pretty Things, not Petty Things

6. Strive for Excellence, not Perfection

7. Failure is only a Comma, not a Full Stop

8. Never Say ‘No’ too Soon and ‘Yes’ too Late

9. Praise Publicly and Punish Privately

10. Spread the Fame in Success and Take the Blame in Failure

11. Listen to all and Take Your Call

12. Walk Your Talk

13. Deal People Differently

14. Leaders Command Respect

15. Don’t Blame Circumstances

16. Don’t Compete, Collaborate

17. Don’t React, Act

18. Think Global, Act Local

19. Invest in People

20. Everybody is a Leader

21. Soft Leadership is the Heart of Leadership

Also, I shared the above sutras with senior global leaders and CEOs in Malaysia and successfully keynoted ‘Visionary Leadership 2015 Malaysia’ URL; http://professormsraovision2030.blogspot.in/2015/08/professor-ms-rao-keynote-speaker-for.html

Here is the link to purchase this book: Amazon URL: http://www.amazon.com/21-Success-Sutras-Leaders-ebook/dp/B00AK98ELI Appreciate your comments, like and share with your connections.

Here is the link to nominate ‘21 Success Sutras for Leaders’ and comment: http://blogs.wsj.com/speakeasy/2015/12/08/best-books-reader-survey-2015/

References

http://www.amazon.com/21-Success-Sutras-Leaders-ebook/dp/B00AK98ELI

http://professormsraovision2030.blogspot.in/2015/06/21-success-sutras-for-leaders-sample.html

http://professormsraovision2030.blogspot.in/2015/08/professor-ms-rao-keynote-speaker-for.html

http://www.sandiego.edu/soles/departments/leadership-studies/thought-leadership/book-award.php

Tuesday 8 December 2015

“Cheating and Blackmailing by the Owners of Private Colleges in Hyderabad” ―Professor M.S.Rao

“Some believe there is nothing one man or one woman can do against the enormous array of the world's ills -- against misery, against ignorance, or injustice and violence. Yet many of the world's great movements, of thought and action, have flowed from the work of a single man. A young monk began the Protestant reformation, a young general extended an empire from Macedonia to the borders of the earth, and a young woman reclaimed the territory of France. It was a young Italian explorer who discovered the New World, and 32 year old Thomas Jefferson who proclaimed that all men are created equal. ‘Give me a place to stand,’ said Archimedes, ‘and I will move the world.’ These men moved the world, and so can we all.” — Robert F. Kennedy

It is unfortunate to bring it to the notice of my beloved students and readers that cheating and blackmailing by a few owners of some private colleges in Hyderabad. Some of the real estate brokers, toddy traders and money lenders established private pharmacy, medical and engineering colleges in Telangana State and especially in Hyderabad. Their main intention is to make fast money by hook or crook. They collect fee from students heavily. If the regulating bodies object, they collect money through projects or for lack of attendance or through other means. They harass students to pay huge money for lack of adequate attendance or ask students money for joining courses either directly or indirectly. Usually some private companies adopt unethical practices to collect money through hidden costs and the same culture was started by these notorious toddy traders, real estate brokers or money leaders whose sole intention is to make money unethically. They also promise moon to students by getting their institutions ranked by paying bribes or showing that they have the best faculty and infrastructure in the city. In this way, they cheat students.

These notorious owners of private colleges promise handsome salaries on time to faculties and intellectuals at the time of recruitment. They promise that they pay salaries as per All India Council for Technical Education (AICTE) norms but cheat faculty and also regulating bodies like AICTE and the universities they are affiliated. They hire faculty before inspections and fire them once the inspections are over. They don’t pay summer vacation salaries to their faculty. They terminate the services of faculty in the name indiscipline or lack of good feedback from students. They are very sadistic to keep the intellectuals waiting outside their offices. They stop the salaries of servicing intellectuals to show their sadism and egotism. Their egos get satisfied when the intellectuals wait outside their offices asking for salaries. Some of the intellectuals compromise with the insults and some adjust to the realities of unhealthy academic ambience in these private colleges. If intellectuals question such insults and atrocities, they are fired without paying salaries. When they question these private owners for non-payment of salaries, they are blackmailed by the private owners with fake charges. Is there no end for such ill-treatment and irregularities?

Students often question the reasons for lack of good faculty in private colleges. It is not basically the salary but the poisonous culture in these private colleges that prevent the best faculty from joining.

The owners or private colleges are notorious in keeping the regulating bodies happy by inviting them to deliver guest lectures or keynote speeches on college events and celebrations. They pay a huge honorarium to these officials from regulating bodies. Hence, they don’t take action against such rogue private owners when grievances are filed by intellectuals and aggrieved individuals.

These notorious owners build their brands by inviting some ordinary people on the public podium speak a few great words about them in graduation-day ceremonies and events. Other spectators think that these ordinary people speak from their hearts. The fact is that they have been hired to speak a few good words on stage which is unknown to others. It is a stage-managed event. They play lots of such gimmicks to build their college brands by fooling people.

Having read the challenges for both students and faculty in private colleges in Hyderabad, you might think that there is no way out of this nuisance. I strongly believe in ideas for irritating issues. One man like Mahatma Gandhi fought against British on the principles of truth and non-violence to attain India’s independence. One man like Martin Luther King Jr ended racial discrimination in America. One man like Nelson Mandela ended apartheid in South Africa. Therefore, one man who can check the irregularities and corruption in private pharmacy, medical and engineering colleges may be Professor M. S. Rao or YOU. You may be a common man, or a student or a teacher or a conscious citizen of India. It is your responsibility to stand against injustice and fight to convert educational institutions into temples of learning. Let us all strive hard to bring the change and transform educational institutions because the best brains, citizens and leaders come from these temples. Jai Hind!

“Your goodness is impediment in your way, so let your eyes be red with anger, and try to fight the injustice with a firm hand.” ― Sardar Vallabhai Patel