President Droupadi Murmu Calls for Education System Changes for Inclusive Development
President Droupadi Murmu recently highlighted the importance of updating the education system in management institutions to foster inclusive development in the country. In her speech at the 'Lakshmipat Singhania-IIM Lucknow National Leadership Awards', she emphasized the integration of artificial intelligence (AI) into management education and encouraged the teaching of case studies and articles about Indian companies. President Murmu also praised the Indian youth for their entrepreneurial skills and technical knowledge, which have contributed to India's position as a leading startup ecosystem. Discover more about President Murmu's vision for the future of management education and the steps she suggests to align it with India's development goals.
The Need for Education System Changes
President Droupadi Murmu highlights the importance of updating the education system in management institutions to foster inclusive development in the country. She believes that changes are necessary to align management education with the goal of making India a developed nation.
By integrating artificial intelligence (AI) into management education, President Murmu suggests that students will be better prepared for the future job market. Those who possess knowledge and utilize AI effectively should not fear job loss, but rather embrace the opportunities it presents.
Furthermore, President Murmu calls for a shift in focus towards Indian companies, consumers, and society in management studies. She suggests that case studies and articles about Indian and multinational companies based in the country should be written and taught, providing students with relevant and practical knowledge.
President Murmu believes that these changes will not only benefit students and researchers from all backgrounds but also contribute to India's overall development and growth.
Integrating Artificial Intelligence into Management Education
President Murmu recognizes the importance of integrating artificial intelligence (AI) into management education. She believes that AI has the potential to enhance decision-making processes and improve efficiency in various industries.
By incorporating AI into the curriculum, students can gain a deeper understanding of its applications and develop the necessary skills to leverage its benefits. President Murmu assures that individuals who possess AI knowledge and use it effectively should not fear losing their jobs, as AI can augment human capabilities rather than replace them.
She encourages managers, educationists, and organizational heads to embrace AI as a tool for innovation and growth. By equipping students with AI skills, management institutions can contribute to the development of a workforce that is prepared for the future.
Promoting Indian Companies and Entrepreneurship
President Murmu emphasizes the importance of connecting Indian management studies with Indian companies, consumers, and society. She suggests that the curriculum should focus on case studies and articles about Indian and multinational companies based in the country.
Additionally, President Murmu praises the Indian youth for their management skills, business leadership, and technical knowledge. She highlights India's position as the third-largest startup ecosystem and one of the best unicorn hubs in the world, attributing this success to the entrepreneurial spirit ingrained in Indian culture.
President Murmu believes that by promoting Indian companies and entrepreneurship in management education, students will be better equipped to contribute to India's economic growth and development.
Aligning Management Education with India's Development Goals
President Murmu calls for institutions like IIM Lucknow to design a curriculum that aligns with the goal of making India a developed nation. She suggests that management education should prepare students to address the challenges and opportunities of the 'Amrit Kaal'.
She emphasizes the need to move beyond a narrow focus on profit maximization and instead prioritize inclusive development, sustainability, and ethical practices. President Murmu believes that by instilling these values in management education, future leaders will be better equipped to drive positive change in society.
President Murmu's vision for management education aligns with India's development goals, ensuring that the next generation of managers and leaders are prepared to tackle the complex challenges of the future.