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B-school classrooms attempting to teach the chapter called “reality
in business”. In fact, I don’t think the same can be simulated in a
classroom environment. There can be no substitute to the experience
gained by living a particular situation.
B-schools do not clearly address the aspect of business that deals
with its practicalities and the ground realities of competitive
existence. Neither do they teach about the genuine nature and nuances of
emerging markets, nor about the constantly changing scenarios and how to
cope with such dynamic environments.
At B-school, you never get the chance to deal with the kind of people
you have to in real life. Nor do you learn the skills of dealing with
your own employees. The vast array of personalities you will come across
during your entrepreneurial ventures can in no way be replicated in a
classroom atmosphere.
Most B-schools require their students to work on case studies. In
most cases, these case studies try to recreate real-life scenarios.
While this is an excellent way to prepare a person for
entrepreneurial challenges ahead, it does not match up to the kind of
pressure that one would have to deal with in real life. And someone who
is as passionate about entrepreneurship as I am will understand what I
mean when I say that that is the kind of pressure on which I thrive.
B-schools also do not teach you value-based living that should
integrate with numbers, targets, goals, family, organisation and the
environment. In my opinion, a course at business school is “hope”;
reality, of course, is so much different. It is the individual’s
constant touch with peers, home and industry that helps narrow this gap.
B-schools do not teach you to address this change.
S Yogeswaran graduated from Bharathiar School of Management
and Entrepreneurial Development, Coimbatore, in 1989 |
The ground Realities of Business
