Challenge the status quo
Stanford professor Scott Sagan once said something that every management student, practitioner, or academician should frame and hang on their favorite wall: “Things that have never happened before happen all the time.” While B-Schools have been doing a phenomenal job of training students on various models of how things work, there is scope for more emphasis on how things can work differently, unlike any precedent in the past.
The habit of thinking without the fear of failure is the stepping stone for innovation that sets businesses apart. BSchools need to encourage students to always challenge the status quo, and the academic faculty and the pedagogy will need to take the onus for this to happen. The curriculum in itself needs to be progressive and must challenge students to think beyond the realm of possibilities leading to innovation.
Data-driven decision-making
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