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Hence, the old notion of preparing students to cater to the needs of large companies and government jobs is slowly becoming obsolete. Instead of producing employees to work in government or large corporations, the shift has to be on producing individual entrepreneurs. They must have the ability to adapt to quick changes and must feel comfortable with the changing technologies. Also, they will have to be educated to work independently and innovatively. Taiwan is an excellent example of a nation becoming a giant due to individual entrepreneurship and small-scale industries. Education has to emphasise on risk taking to students. For instance, Bill Gates, the richest man in the world, would never have reached the present level but for his risk taking ability. He would have continued in Harvard and would have ended up, if highly successful, as a chairman of some corporation. But that does not match his current stature, legacy, and wealth, which he acquired by risk taking and building Microsoft from scratch. To some extent though regional languages have been a barrier to the national integration, they have helped persons in the lower strata to become more informed. Slowly, the regional languages are losing their importance because of the changing job scenarios. If one cannot get a good job or market for his or her company’s products in one place or region, what is the use of sticking to one’s regional language? With this ground reality, we have to admit that the good command of English and the ability to communicate in English are gaining importance and widespread acceptance. The information society has a negative impact of developing individualistic attitudes. This negative trend along with the lack of stress on ethics and values in busy husband and wife working homes have to be made up by education. Otherwise, we will be churning out highly selfish and individualistic robots. This is already noticeable in Western nations with a detrimental effect on the society at large. The future students have to be trained to cater to the needs of the information society. This change in the requirements from future work force needs corresponding changes in the education system including management, curriculum, and delivery. The courses will have to stress on IT tools. All these add up to the urgent need of restructuring of the education system right from the elementary education level all the way up. Also there are enormous opportunities for long distance learning all the way in the chain from educating the illiterate to the higher education levels. There will be video interactions and grading the courses. To cater to the information society, the management and business curriculum have to be re-engineered to cater to the needs of future companies empowered with leading edge technologies. As the future corporations will be globally dispersed, IT-centric, the stress has to be on bringing out IT-savvy business leaders and management experts with a global perspective. It has to be stressed here that the
work culture, the command structure, and the style of functioning will
be quite different from the present one. The good news is that some
leading management and business schools have already started
restructuring the curriculum on these lines. |