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IIMB Management Review

Document Type

Editorial

Abstract

With the general elections to the federal parliament now complete, a government in place at the centre and the political fall out of the country's nuclear tests under reasonable control, it is time perhaps to get on with the unfinished agenda of action for the future. Foremost among the pressing priorities before the country is the need to upgrade and reorient education at all levels, primary, secondary, university and professional, to provide the leading edge to the nation as it enters the next millennium. Round Table this time takes a critical look at the state of management education in India and what needs to be done to raise its content and delivery to globally competitive levels. The subject is tackled from different perspectives: the administrators', the academics', the alumni's, and not the least, the user corporate managements'. The portfolio is further supplemented by a refreshing alternative approach suggested by Mahesh, and a no-holds-barred conversation with Henry Mintzberg and Jonathan Gosling of McGill and Lancaster, respectively. Sriram and Bhaduri deal with a contemporarily critical issue of attracting, and perhaps more importantly, retaining talent in organisations. Wong helps in trying to unravel networking dynamics of doing business in China; our discerning readers may find several subtle parallels in their own business environments! Raghunath wonders if all joint venture terminations amount to failure and reaches a reassuring conclusion - not necessarily so. Saxena highlights the imperatives of aligning restructuring initiatives with relevant strategy. Subroto Roy and his students, mostly expatriate, attempt to demystify some of the financial jargon in the area of derivatives, in our feature Youth Forum. Lila Poonawalla brings out the need for customer education in gaining product acceptability, in a focused interview with Umesh Rajamani. Magsaysay award winner Kiran Bedi reflects on the importance of personal values in shaping one's professional excellence. As usual, we have a clutch of interesting books reviewed for the benefit of our readers. This bumper issue combines two quarters of 1998: Jan-March and April-June. As in the past, combining two quarters will not adversely impact subscribers, whose subscription periods will be automatically extended by a further quarterly issue. I trust you will find this offering enjoyable and interesting. Thanks for all your feedback; please continue to send your comments and suggestions and help us take the Review to still greater heights.

Publication Date

1-1-1998

First Page

3

Last Page

4

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