Hissar, November 03- ‘For protecting the management students from competition of survival of the fittest, the greatest challenge for the institutions is placement for the weak which is possible by making them unique in strict sense of the concept’, opined Dr. M.M. Goel, Professor of Economics & Dean, Faculty of Social Sciences, Kurukshetra University, Kurukshetra while addressing the students of Om Institute of Technology & Management here today. Professor Goel was speaking on the topic “Management Education in India : Challenges and Opportunities”.
Indian human capital with higher emotional quotient (EQ) believing in ‘work is worship and vice versa’ is better than anybody else in the world. It is also cost effective and is welcomed around the world, told Professor Goel.
We need to increase Returns On Training Investment (ROTI) for enhancing the probabilities for providing employment and ROTI (Bread) to the manpower in management, said Professor Goel.
To face the challenges of change and competition, we need SMART (Simple, Moral, Accountable, Responsive and Transparent) manpower with SIMPLE attributes of human development consisting of six activities such as Spiritual quotient (SQ) development, Intuition development, Mental level development, Love yourself attitude development and Emotional quotient (EQ) development. The synergy of these six aspects is essential requirement of the desirable human resources in the employment market, said Professor Goel who is an author of the book ‘Economics of Human Resource Development in India ’.
To utilize the human capital of India in an effective manner calls for manpower planning. This is essential for matching demand and supply of skilled personnel, training of manpower for reducing mismatch between the abilities and the jobs on offer and above all mechanismby pairing people with jobs through information network (WWW), told Professor Goel.
We need to develop required competencies with morality, credibility and accountability (MCA) through spirituality- the science of soul which can make us superior to anyone in the World, told Professor Goel.
Earlier, Dr. Puneet Goyal, Chairman welcomed and introduced Professor Goel to the audience present on the occasion.