Management Education and Its Wide Ranging Future Consequences Download PDF

Journal Name : SunText Review of Economics & Business

DOI : 10.51737/2766-4775.2020.002

Article Type : Review Article

Authors : Gupta R

Keywords : Educational elegance; Management research; Educational benefaction; Management prospect

Abstract

Management is nothing apart from the great process to regulate both inside and outside of any sort of activity which might be either active or in-active. On the other hand, it definitely enables education right from its understanding to the best execution for our benevolent students in a befitting manner. In the same light students may develop this process through the entire managerial hierarchy where business leaders, administrators, managers, followers, sub-ordinates and the business operators might be comprehensively benefited at the end of the day. Moreover all the business leaders have been refining this platform of education in such a manner where students shall be able to hold the high-end occupational standing through utilizing their affluent knowledge regarding management. Apart from the same students will be able to understand about the most progressive initiative of leaders they who are in a prior position to lead the education for the global demand and they feel that it has to be inserted amongst the students just not only to score marks but to drive their professional integrity along with their leaders to find out the needful solution to enrich an organization. This is how both administration and management science will definitely be modified and it shall be the most pivotal learning curve for the students to enhance the demand of productive education in the near future. So it might be said that “Management Education” shall be ensuring the meticulous stand of learning along with the constructive future for the students. It means management covers planning, initialization of various thoughts, operation, implementation of thoughts, noticeable execution. This is how people can reach their aspired destination through their appropriate decision making. Similarly education covers learning, ardent interest, self-desire, self-confidence, self-esteem, self-belief and most notably the potential of self-assessment in deed. Therefore both the combination shall be definitely very conducive to combine both management and education to discover the grand avenue of exclusive communal harmony.


Introduction

According to the detailed statistics this concept of “Management” rates an overall impact and it is evaluated on the basis of both internal and external paradigm either of an institute or of an organization in deed. That is why all the trained leaders do ensure its impact and the exclusive effectiveness not only to generate the additional revenue but to hold the successful business expansion for the long period of time. Angelito Calma and Martin Davies have told in one of the published articles entitled: “Critical Thinking in Business Education: current outlook and future prospects” that, it is a track in investigating all the literature which is related to critical thinking and business education in a survey to publish the same. So it is a great matter for the leaders to specify certain criteria which are as follows:

·   Conceptual Change: It matters a lot because each student and the leaders shall have to be concerned about the very conception to lead the entire paradigm of an organization in a befitting manner. Because this managerial growth shall definitely be very conducive for an outstanding organizational elevation.

·   Practical Change: It is a very conducive medium as well because all those occupational practicability shall enrich the employees and the organization as a hole. It is such a great treatment where both leaders and followers can have the best occupational exposures at the end of the day.

·    Theoretical Change: It has the definite consequence in deed. Because leaders shall have to be educated along with their subordinates and that is why their concrete base of theory shall have to be there to adopt to lead the occupational outreach.

·  Productive Change: management education brings out the productive change as well and as a result both leaders and followers are in a position to fabricate the strategies and to ensure the professional production at the end of the day.

·    Consequential Change: The consequence is to draw the best occupational output and that is why both leaders and followers are very meticulous and strategic as well which do help us to reach the organizational goal in a befitting manner.

Gitika Nagrath and Amarjit S. Sidhu have expressed their most significant views in one of the published articles entitled: Antecedents Determining Quality of Management Education in Punjab: A Student’s Outlook that all those factors, which signifies the determination of quality management to enrich the concept of education along with the global impact of management in deed.


Conclusion

The concept of education management will be the best tool for the impactful organizational magnificence and it is going to fetch the new horizon for both the leaders and followers to hold the prolonged occupational goodwill which shall definitely the histrionic visionary for the leaders to lead the rest.