NINTH FIVE YEAR PLAN REPORT OF THE WORKING GROUP ON MANAGEMENT EDUCATION

 INTRODUCTION

In the context of the formulation of the Ninth Five Year Plan (1997-2002), the Government of India, Planning Commission (Education Division) constituted in December, 1995 a Working Group on Management Education with the following Terms of Reference:

1. To take stock of the position in the sector of Management Education with a focus on the development perspective between 1997-2002.

2. To examine the question of synergic alliance between different management institutions vis-a-vis technical institutions, business and industry for attaining the national goals of educational development.

3. To suggest guidelines for ensuring managerial autonomy consistent with accountability in relation to development objectives.

4. To suggest measure for upgrading the standards, restructuring backward and forward linkages, facilities and attainments with respect to the emerging needs of the economic liberalisation of Indian economy.

5. To assess and suggest measures for development of information technology perspective which can be integrated in the Management Education.

6. To assess resource requirements and suggest measures for resource mobilisation and sources of funding for Management Education as a self-financing and self-supporting system,

7. Identifying the scope of participation of the private 5sector In supporting the Management Education.

8. To provide guidelines for regulation of manpower planning and coordination of management courses in various departments of universities and other organisations for purpose of quality control and maintenance of standards and to avoid surplus manpower.

The composition of the Working Group may be seen at Annexure The Working Group held two meetings on March 22, 1996 and May 10, 1996. In between, two sub-groups, constituted by the Working Group deliberated on the subject and submitted their notes and recommendations to the Group for consideration by the Group. The Working Group has finalised its report.

REPORT OF THE WORKING GROUP ON MANAGEMENT EDUCATION

Over the years business organisations have undergone phenomenal changes in size, structure, product pattern, and markets. The human motivations and expectations too have experienced flux and change. The complexities which have emerged in the wake of these changes have led to a perception that performance in business organisations is a function of multiple personal attributes of knowledge, abilities, values and skills, both functional and managerial.