Competition is the order of the day in this era of globalisation. All business organisations, large and small, face an ever increasing level of competition, be it for survival or for growth. Quality of organisations, therefore, assumes great significance in this environ- ment. This implies, they have to be innovative in their sphere of operation, which in turn, also means that they have to inculcate the culture of ‘change’ to achieve greater heights. Indeed, ‘innovation’ and ‘change’ have to be ingrained in the organisational culture.

This is translated in the market place primarily in terms of the sophistication of products that consumers demand. All the activities within an organisation’s value chain needs to be geared to this phenomenon. In other words, the marketing managers have to respond to it effectively by having created a strategic marketing plan; the production system has to make sure that product quality is not compromised with; the softer issues within the organisation must be dealt with great care by the people manning the human resource development section; finance must not act as a hurdle; information technology must play its appropriate role etc. And all this must happen in a professionally coordinated method - in sympathy with the overall corporate strategy.

The implications of all this for the schools providing management education are enormous. In other words, since activities in the market place are intricately connected with management and business studies, the providers of these disciplines will have to be on their tows while developing their curriculum. It needs no emphasizing that the “employability” criterion will have to be factored in what the management schools were going to teach and talk about. And that too rather proactively by frequently taking updates of developments in the marketplace and their likely impact on the course schedule.

It is this interface between industry and academic bodies that will go a long way to enhance the managerial expertise in the workplace thereby bringing about overall productivity increases.

LCMS aims to do just that and it takes pride in being able to provide such a privileged service. Access to such education is almost priceless. Visit us, start a life-changing and rewarding experience. And take pride in being a part of LCMS - the provider of Education that works and brings meaning to life.