The changing face of management education set the tone of the 20th foundation day of Indian Institute of Management, Indore on Monday. Established in 1996, IIM Indore was the sixth in the family of state-supported management schools.
Author-cum-corporate advisor R Gopalakrishnan, the chief guest on the occasion, said 20 years ago management education was flaky and parents preferred to send their children to IITs for ‘proper education’ and ‘good jobs’.
“After a few years, management education developed and grew into a matured flower, and the journey of management education since then has been quite pleasant.”
Talking about the growing stress in the life of modern-day managers, he said: “Education today focuses on producing competent managers who are skilled, learned and talented but can they be considered as ‘happy managers’?”
“Work-life balance is getting disturbed massively these days. If our right eye is like our family then our left eye is work. We can’t just dilate one eye and try to get a clear vision. We need both the eyes.” He urged the future managers to work on six things -- purpose, maturity, courage, trust, defining success and luck.
Institute director professor Rishikesha T Krishnan also addressed the students.
Certificate for academic excellence was presented to top five percentile students of post graduate programmes (batch 2015-17) and integrated programme in management (batch 2012-17) for the performance in 2015-16.