B-SCHOOLS SHOULD UNDERSTAND THAT INDIAN ECONOMY IS GOING TO WITNESS A TREMENDOUS GROWTH

INTERVIEW - Prof DEBASHIS CHATTERJEE, director, Indian Institute of Management, Kozhikode

- ABHINAV SINGH

Q/ How will the job market evolve?

A/ The geopolitical uncertainties would prevail in the short run. Accordingly, the type of recruitment would be focused on how the developed economies would be doing. If there is an improvement in the atmosphere that inspires confidence, it would lead to better recruitment cycles and hence work moving to India.

In the medium term, the most important challenge for educational institutions, corporations and governments will be: how do we equip our graduates to reskill in terms of not only technology but also organising the firm going forward. This would help develop both resilient employees as well as resilient organisations. Here is where the impetus is required from the management schools as well as technology schools. This is where foresight coupled with changes in curricula is important. Experimentation at the b-school level by being laboratories for the organisations would help pave the way forward. Collaboration should increase between technology schools, b-schools and universities going forward. We cannot have a strong India without resilient organisations and resilient workforce.

Then, in the long run, we need to focus on the values that individuals should live by. These values should help produce enduring societies and ecosystems.

Q/ What are some of the features of a market like India that b-schools need to keep in mind?