The late Sumantra Ghoshal was onto something radically different when he wrote his last paper "Bad Management Theories are destroying good management practices". That paper made academicians in B-Schools squirm as Ghoshal put a lot of blame of Enron, Worldcom and other scandals at the doorsteps of B-Schools. In fact, it was implicit that managers have a larger role to play in society given that the organisations they work are sometimes bigger than many nation-states.But managers are not comfortable with that role.
In this context, Indian B schools seem to have had a head start. The Week magazine profiles some "top" B schools engaging with social issues.This is commendable if it is done with the same rigour that they apply to their other internships and classroom segments of MBA.The incidence and extent of sensitisation of the students is not easy to measure.
IRMA has been doing such things for the last three decades. In fact, when I read Ghoshal's article, I feel that he should have come to IRMA to realise that there is a Management Institute which seeks to imbibe qualities of a "true" manager and does not narrow a managers interests only to an organisation.
Only if IRMA is able to stem the loss in academic rigour, it can emerge as India's top mangement Institute displacing its richer cousin from Ahmedabad from its No1 position.