Posits of Workplace Competencies in Management Education Research - A review triangulation for discerning NEP 2020 (India)’s relevance

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Karan Das, Dr. Arup Barman

Abstract

In the 21st century of ultra-dynamic business environment, intense competition and the threat to the survival of business, have led to the surge of an intensifying competition for talent also known as ‘the global war for talent’. In this war, the business leaders and HR leaders seek to achieve the competitive advantage through an army of best and brightest global workforce in the industry. With the global crisis for the talented employees, the responsibility lies on the shoulder of the higher educational institutions to bridge this ‘talent gap’. In this vacuum, there is a mismatch between the skills which the employers require; and these educational institutions need develop all those skills among students. But, there are blame on universities that for making learners less competent for the jobs contents sought and thus, leading to the talent crisis in the global labour market. In fact, business education is about facilitating learning of job-related behaviours (workplace competencies) in order to improve individual and corporate performance. This is high time that B-schools understand this ‘curriculum gap’ and introduce workplace competencies in business education so as to develop highly capable managers ready to cope with the global challenges and thus, contribute to excellence in management practise. The question is: how far are the higher educational and management institutes are lashing their students to acquire workplace competencies to face the global market?
The present paper has put an attempt to understand the importance of workplace competencies in today’s business environment with this miniature meta-analysis to understand the acquisition of these workplace competencies by the students of higher educational institutes and management institutes across the globe. At the end, new suggestions are contextualised for implementing new education policy-2020 of government of India.

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