SOIL Graduates Adapt To The Dynamic Global Realities

Filter Results

Topics

Audience

Industry

Year

How is SOIL ensuring its students are ready to adapt to the dynamic global realities

20 Nov 2022
- admin
- Student Careers
Table of Contents
The conventional MBA has been developing skills in students to manage business situations and environments and has been successful at that. However, recent tumultuous events like the COVID pandemic, the Ukraine war, and geopolitical tensions between superpowers have led to hitherto unknown business situations. Supply chain blockages, zooming interest rates, the threat of a looming recession, etc. are redefining the way economies and businesses are run. The era of jams to the movement of people, ideas, and trade is here, and hopefully temporary. The hint of de-globalization and national rhetoric is causing significant disruption and is drawing new patterns. This era of shrinking globalization has reached an inflection point and needs skills like critical and strategic thinking, problem-solving, and the ability to adapt to dynamic and challenging environments.

In this changing business environment, the chasm between relevance and obsolescence can widen very fast. If organizations are to stay relevant, they must adapt to change but this needs to be prompted before change demands the need to adapt. There is a demand for new-age managers to continually adapt and help their organizations remain relevant. This could be internal with employees and external with customers and investors. The key change, however, lies in keeping abreast globally with emerging trends and markets and foreseeing the extraneous circumstances that may have implications and may demand innovation.

The face of MBA education has to keep in sync with these realities. Learning has to be more flexible than ever. B-Schools have to gear up and diversify their pedagogy to create value for MBAs and employers by producing globally aware and multi-skilled working professionals. The MBA offered by b-schools needs to embrace this challenge and help their students to stay ahead of the curve and anticipate what is to come. This requires them to differentiate their programs, adapt continuously, and remain agile.

Some of the steps in this direction taken by top business schools have been to introduce defining changes in the delivery of the MBA program. A few of these have been in the area of
- Setting up exchange programs with like-minded b-schools.
- Having a renowned faculty that kept itself abreast of the changes through research and advisory roles to industry
- Study trips in other markets to create awareness amongst students as to the functioning of new markets and develop global perspectives.
- Dual Degree where b-schools shared their degrees and allowed students to develop a multicultural and multi-national perspective
These factors led to the evolution of the MBA now transcending the traditional skillset of the traditional. This was, in a way, a start to the era of learning “soft” skills” like intercultural relations, foreign languages, and effective communication. However, the demands of business meant that MBA programs needed to develop the student’s entrepreneurial and leadership qualities, ethics, corporate social responsibility, and knowledge of sustainable development. Organizations need managers who have conceptual skills, can innovate, problem-solve, and handle diversity in the workplace. The successful manager of tomorrow will drive success in the businesses of today and will ultimately head the successful businesses of the future.

This requires MBA programs to shift their focus to a more holistic academic approach. The need of the hour is an internationalized, thoughtful, and comprehensive curriculum that will produce conscientious managers.

The face of MBA education has to keep in sync with these realities. Learning has to be more flexible than ever. B-Schools have to gear up and diversify their pedagogy to create value for MBAs and employers by producing globally aware and multi-skilled working professionals.

MBA At SOIL – Helping Students Adapt To The Dynamic Global Realities

SOIL Institute of Management, is leading the journey to address the most difficult challenge of the changing reality of our current times. SOIL has an aim of Building Leaders with character, competence and enthusiasm. Managers and organizations through inspired actions can create social good, ecological balance, holistic development, and healthy international relations and the MBA at SOIL is a step in this direction.

These leaders would be capable of comprehending diverse people, complex situations, and conflicting requirements keeping design thinking as the framework for decision-making. The MBA at SOIL is designed to prepare ‘managers of the future’ who can solve cross-functional and multidimensional problems of the corporate world. The unique curriculum at SOIL integrates management disciplines with liberal Arts and Design thinking to ensure that graduates take on management challenges with a clear understanding of how organizations work and a human-centric approach to problem-solving.

The MBA at SOIL is designed to prepare ‘managers of the future’ who can solve cross-functional and multidimensional problems of the corporate world.

Adapting To The Dynamic Global Realities At SOIL

Learning at SOIL is led by a well thought and planned MBA program that instills relevant soft and hard skills in its graduates. Some of the unique methodologies followed at the MBA at SOIL that helps in making current and future-proof management professionals are:
1. Relevant and Skill-based curriculum – SOIL focuses on imparting knowledge and skills relevant to the current times. The MBA program curriculum gets refined on a yearly basis to give students the best opportunities to create impact. The major focus areas of the school in 2022-23 are –
  a) Analytics – Data is ever more important in business. SOIL Students learn how to collect, analyze and make strategic initiatives with data creating competitive advantages for companies.
  
  b) Design Thinking – Students inculcate the art of innovation using Design Thinking. Students develop problem-solving skills primarily based on human-centeredness and become leaders focused on innovation.
  
  c) Digital Transformation – The growing importance of digitization worldwide today cannot be undermined at any cost. Students develop an advanced understanding of digital systems, software, and applications and make digital initiatives in companies.
  
  d) Industry Connect – SOIL bridges the gap between classroom learning and practice by exposing students to live projects, internships, leadership talks and 1 on 1 mentorship.
2. Experiential Learning Experiences – This is an integral part of learning at SOIL. The MBA program is designed to teach students business theories beyond classroom. The immersions connect students with the reality, expectation and the effort required to create impact. SOIL follows two experiential learning tracks that focus on the student’s career growth and leadership potential:
  - Industry experiential – Students interact with the Industry through activities, project work and internships to provide them with exposure and a platform to develop networks.
  - Leadership experiential – This is the unique track that offers the student to develop their leadership potential through community work and in the bargain develop their emotional quotient.
Some of the unique methodologies followed at the MBA at SOIL that help in making current and future proof management professionals are:
- Relevant and skills based curriculum
  - Analytics
  - Design Thinking
  - Digital Transformation
  - Industry connect
- Experiential learning experiences
  - Industry experiential
  - Leadership experiential
Some Key Initiatives That Define The MBA At SOIL In This Regard Are –

a) Global Immersion – SOIL Students undergo a two-week-long international study tour in one of the leading business capitals of the world. This tour combines on-campus lectures, projects, and assignments as well as experiential formats like workshops. This gives the students an excellent opportunity to experience and understand these business capitals from close quarters. They learn first-hand about the local, culture, business practices, and consumer perceptions and behaviors of four nations that represent the largest economies of the world.

b) Industry Experiential – Students embark on visiting industries, and corporate firms to understand working culture, take up projects to create impact. Besides, they also get an opportunity to interact with corporate gurus and leaders and work on real-life projects throughout their program duration. As part of this experiential track, industry leaders visit soil and participate along with students in case analysis, simulations, delivering insightful guest lectures. This provides a huge exposure for students to know and work with the Industry.

Mentorship Sessions – As part of Industry Mentoring, students are assigned an external mentor from the corporate world besides an internal one. The external mentor guides the students. Through their formative years during the MBA, helping them to develop their career aspirations and identify gaps.
- These along with some other unique learning experiences help the student to develop their leadership potential through community work and also develop their emotional quotient. Some of the most memorable experiences that lead students through a journey of self realization are the Social Outreach programme, The annual innovation Festival The Himalayan Rural Outreach etc.
- Global immersion
- Industry experiential
- Mentorship sessions
Conclusion

At the end of the day, the idea is to help MBA students be ready for the dynamic global realities where business needs are changing rapidly. To stay ahead of the curve, MBAs aspiring to be leaders need a set of future-focused capabilities, combined with the foundational business knowledge a traditional MBA offers. Building stackable learning with inclusive learning pathways is the way forward. A quality MBA program is only as good as the outcomes it delivers to the students as well as the organizations that hire them. By reimagining the MBA, SOIL has been able to empower a new generation of learners to be equipped with the capabilities they need to adapt and succeed in the global context.

To stay ahead of the curve, MBAs aspiring to be leaders need a set of future-focused capabilities, combined with the foundational business knowledge a traditional MBA offers.

FAQs
What is the need for management graduates/ freshers/ professionals to adapt to the dynamic global realities?

In this changing business environment, the chasm between relevance and obsolescence is can widen very fast. If organizations are to stay relevant, they must adapt to change but this needs to be prompted before change demands the need to adapt.There is a demand on new age managers to continually adapt and help their organizations remain relevant. This could be internally with employees and externally with customers and investors. The key change, however, lies in keeping abreast globally with emerging trends and markets and to foresee the extraneous circumstances that may have implications and may demand innovation.

What are the steps taken by top business schools to introduce defining changes in the delivery of the MBA program?

Setting up exchange programs with like-minded b-schools.

Having a renowned faculty that kept itself abreast of the changes through research and advisory roles to industry

Study trips in other markets to create awareness amongst students as to functioning of new markets and develop global perspectives.

Dual Degree where b-schools shared their degrees and gave the opportunity to students to develop a multicultural and multi-national perspective

How does SOIL’s “Global Immersion” contribute to helping the graduates adapt to the new realities?

SOIL Students undergo a two-week-long international study tour in one of the leading business capitals of the world. This tour combines on-campus lectures, projects, and assignments as well as experiential formats like workshops. This gives the students an excellent opportunity to experience and understand these business capitals from close quarters. They learn first-hand about the local culture, business practices, and consumer perceptions and behaviors of four nations that represent the largest economies of the world.

How is SOIL outshine all other b-schools in terms of helping its students adapt to the new realities?

SOIL Institute of Management, leading business schools are leading the journey to address the most difficult challenge of the changing reality of our current times. SOIL has the aim of Building Leaders with character, competence, and enthusiasm. Managers and organizations through inspired actions can create social good, ecological balance, holistic development, and healthy international relations, and the MBA at SOIL is a step in this direction.

How does SOIL Institute of Management ensure that its graduates are ready to adapt to the dynamic global realities?

Some of the unique methodologies followed at the MBA at SOIL that helps in making current and future-proof management professionals are:

Relevant and skills-based curriculum

Analytics

Design Thinking

Digital Transformation

Industry connect

Experiential learning experiences

Industry experiential

Leadership experiential

Our Top Stories to Read
PGDM vs MBA: Understanding the Key Differences to Make the Right Choice Founder & Chairman Mr. Anil Sachdev Learnings and Importance of Theatre
SOIL Live Digital Events

Meet the Admissions Team: SOIL PGPM & PGDM Programs
Learn More
Meet SOIL PGPM & PGDM Current Batch Students | 07:00 PM – 08:00 PM
Learn More

Admissions Open

Media

Campus

Annual Events

Accreditations &
Associations

Research & Publications

Conferences

Awards & Achievements

Posts By

Topics

Audience

Industry

Year

What is the need for management graduates/ freshers/ professionals to adapt to the dynamic global realities?

What are the steps taken by top business schools to introduce defining changes in the delivery of the MBA program?

How does SOIL’s “Global Immersion” contribute to helping the graduates adapt to the new realities?

How is SOIL outshine all other b-schools in terms of helping its students adapt to the new realities?

How does SOIL Institute of Management ensure that its graduates are ready to adapt to the dynamic global realities?

Never miss a beat. Get Blog updates regularly in your inbox