B-Schools need to innovate with advanced technology to produce future leaders
Technological advancements of Artificial Intelligence, Machine Learning, and even robotics are sweeping the business sector. This is why budding managers need to keep up the pace. Here are some ways in which B-schools can help future leaders
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With pandemic induced national lockdowns bringing the country to a grinding halt over the last two years, two significant values have come to the fore: resilience and adaptability. This has led to the rise of advanced technology and innovation. Artificial intelligence (AI) and Robotics are some tools that have already started to challenge the conventional methods of businesses. Robotic technology has slowly made inroads in almost all aspects of everyday functions like operations and finance to human resource management. Businesses, across sectors, have incorporated these technologies and are leveraging them to enhance business efficiencies. Therefore, the budding managers of tomorrow must have a deep understanding of the benefits of such technologies and the boost that they can bring for their business and recognise what technology can achieve. It is imperative to realise what is a short-term technological impact and what will be its long-drawn change.
Virtual learning has become an integral part of education in which professors also have begun to adopt smarter technologies to impart better in-class engagement and effective after-class learnings. Even though robotic technology can’t take over human experiences and interactions, it will improve the quality of education along with traditional teaching. Be it students, teachers, school management or the administration, everyone comes together to rise to the mounting challenges posed by the pandemic to classroom teaching and learning.
These innovations are creeping into the daily life of today’s MBA students as well, and sometimes in surprising ways. For instance, there are plenty of AI applications that can help MBA students. As a result, many B-schools in India have started to innovate with these advanced technologies in their curriculum with the purpose of holistic development. Here are some ways in which B-schools can help future leaders.
Bridging the gap:
B-school students get the opportunity to pursue a plethora of techno-managerial courses where beyond theoretical frameworks, case studies from the past are reviewed and discussed in minute detail. The B-school curriculum across the globe should highlight how AI, robotics, and IoT are inseparably linked within that innovation economy. Some of the world’s highly reputed B-schools and Universities offer MBAs with specialisation in AI and/or robotics. The coming generations of managers will experience the impact of decisions taken in the present through these case studies, including the prospects of long-term business sustainability.Last Updated :
November 23, 21 03:53:18 PM IST