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Management is not a Western innovation. Numerous great
institutions and even huge empires have been efficiently managed
in the East all throughout history. The institution of Imperial
service by which administrators were selected after strict
written examinations and interviews was well established in
China centuries before the British introduced the Indian Civil
Service Examinations. Numerous ancient Indian texts discuss in
detail methods of effective management and characteristics of
god leader. These include the Mahabarata, the Panchatantra and
the Arthasastra.
The
traditional Eastern methods of Management were often
distinguished by special emphasis given on age, experience,
family background, traditions, loyalty, obedience, flexibility
and common intelligence to be effective. In the models prevalent
in the West there is overwhelming emphasis on education,
leadership qualities, efficiency, output, youth aggressive
personality trails etc. Obviously, there is today need for
evolving new styles of management that will combine ancient
wisdom and traditional ideals with modern day concepts.
Every
manager should accept that there is need for self improvement
and every organisation should accept that it is a continuous
change. In this the country's ethos and traditional values must
find appropriate weightage.
All institutions—industrial, commercial or even educational—are inspired by visions, motivated by missions and guided by policies that spell out goals and objectives along with plans and strategies to achieve the former.
A goal-seeking system has to necessarily plan its activities properly, execute these effectively and evaluate these objectively in relation to the original goals and objectives.
It has to be truly managed by people within the system, keeping in view the requirements of the system and its environment—physical, material, social and administrative. Management has to be concerned about all biotic as well as abiotic components of Environment and have to focus attention on means and mechanisms to arrest any deleterious impact on any component.
Management is a judicious amalgam of subjective knowledge, experience and wisdom on the one hand and methods, tools and techniques on the other. As systems grow more complex and tend to operate within increasingly complicated environments, the need to assimilate and practice these methods, tools and techniques which help decisions resulting in optimum benefits to all is more strongly felt. However , the fact that decision are made, acted upon and evaluated by humans only and are subject to all the fallibilities that characterize the humans. Thus, good management ultimately mandates good people.
This Institute envisages a great need to prepare good managers who can shoulder great responsibilities in various facets of development of our country and its people in terms of their knowledge of management methods woven around a concern for Ethics and Empathy, Energy and Environment besides the modern tools and techniques that make up the core of Management Science.
Towards this, the Institute is charting out a programme for a distinct value-based Management Education leading to a degree (MBA) and certificate courses that will not just be a credential but will turn out to be equipment to face challenges in an innovative way with a human face.
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