We thought we were finally coming out of the pandemic but that does not appear to be the case anymore. There was much optimism, but now there’s certainly some caution and hesitation with the news about the Omicron virus. Hospitality was badly affected when the sector was showing signs of revival. This too appears to have dampened now. The supply chains were adversely impacted. They have not recovered fully as yet and all signs show that will take some time. Overall, only the completely digital companies have been sailing through but everyone else is just trying to figure out which way things will go. It’s still too early to talk about any specific pattern.
Does this raise concern for you, in context to the business education sector?
Business education, not surprisingly, is largely driven by economic fundamentals. As long as the industry and the economy are growing fast, the prospects for business education also remain right because essentially it’s economic growth, which drives many management jobs. The long-term view of management education continues to be quite bright. You can look at any of the current goals that India has, all of these are going to require significant managerial input. Therefore, the long-term prospects for managers and management education remain good. The short-term blips and ups and downs you can expect and things like the pandemic don’t help obviously. However, I am quite optimistic about the long run of management education particularly in India.
Denne historien er fra December 29, 2021-utgaven av Businessworld.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 29, 2021-utgaven av Businessworld.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more
A WELL-GREASED MACHINE
The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh
Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.