Role in Management Education in Today's world

May 9
18:00

2011

Anuj Shishodia

Anuj Shishodia

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Management is all about learning to organize the available resources in such a way so that the overall purpose of the organization can be attained as efficiently as possible and also the usage of resources has to be optimized.

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Management is all about learning to organize the available resources in such a way so that the overall purpose of the organization can be attained as efficiently as possible and also the usage of resources has to be optimized.

 

In a vast and churning global marketplace,Role in Management Education in Today's world Articles understanding the fundamental connections between business, the environment, and society is an integral part and it has become very essential for every firm and individual to understand the importance of proper management education.

 

The roles and responsibilities of business as a global force are becoming more obvious and complex, concepts related to societal responsibility and sustainability are gaining recognition as essential elements in management of business.

 

Increasing complexity and interdependence among various factors in business requires new approaches. Companies need Integrative management tools that can help in embedding the environmental, social and governance Concerns into their strategic thinking and daily operations. They need support as they 1internalize these issues into the core of businesses and they engage in communication with stakeholders and report their conduct to respective authorities.

 

Toda in all organizations, Talented and ethical leaders are required who can not only advance organizational goals and can fulfill all legal obligations to shareholders, but who are also able to deal with the vast impact and potential of business as a positive global force in society that can bind people together who belong to different parts of the world, different races, regions and Beliefs.

 

Multidimensional Importance of business as a driving and binding force in our society is quite evident everywhere. Thus, people are now opting for specialized education in management that enables them to attain special status in the society and more value in terms of money, respect etc.

 

Thus now management education is not an more an additional asset but an important aspect for every individual.