Before we discuss about the role of an MBA towards society
we must first understand what an MBA is?? MBA in a common parlance means Master of Business Administration, but
as far as the holistic view is concerned MBA also means Managing & Balancing
Activities, Most Basic Awareness, and Master in Bringing Awareness etc.
In India there are many institutions which impart the
education of MBA. The names of top rated MBA institutions are IIM’S, XLRI,
JBIMS, XIMB, ISB, IMT Ghaziabad, MDI, IIFT, SIBM Pune, IBS Hyderabad etc. All
the institutions have one thing in common i.e. to make the students aware about
what is going in the real world scenario. For this purpose the method of case
studies is being designed in every MBA institute which makes student know the
realms of the society and Business world at large. There are various subjects
which impart various educations in an individual studying in MBA College.
Subjects like Statistics, Accounts and Financial management teaches an
individual to be efficient with numbers, Organizational Behavior & Human
Resource Management teaches the decorum to be maintained in the organization, Operations
Management teaches how the business works and the logistics in the business,
Marketing teaches how to make people aware about the product/service and create
a brand image in the minds of people, IT subjects teaches us to be efficient
with computer knowledge as the knowledge of computers is must in today’s world,
Legal aspects of Business environment as it is also necessary to know the legal
world. Not only this, also there are subject related to Business Ethics and
Corporate Governance which imbibe the value system, ethics and worth of Corporate
Social Responsibility in an individual.
Inclusive Society
The society where no one feels to be neglected and everyone
enjoys the equal right on everything, where there is no fights or battles on
the name of caste/creed/religion, where the feeling of brotherhood/friendship
is inculcated, where the society is free from evils of corruption, terror etc. is the society which can be called as Inclusive Society.
Role of MBA for Inclusive society
Whenever any MBA is asked that what do you want to do next
in the life?? Everyone has one answer “Job
which gives us the best suitable salary” and after spending so many years
in the job many individual feels that “why
to do something new as there is least surety and loads of risk involved in it”.
Is this what is being expected from MBA of a top rated college?? The answer
is Absolutely No.
The level of awareness which an MBA can bring to the society
is an edge in comparison to what others can do. MBA’s are the persons with
Confidence, Managerial Skills, Fabulous Communication skills, Intellect,
Knowledge and what not. Doing JOB for the whole life and not indulging in the
work for the society makes any individual feel that JOB is nothing but JUST OVER BURDEN which is burdening the
life. There had been many MBA’s who had been successful in doing some fruitful
work for the society. The principle of
POSDCORB which is being taught in every MBA college is useful for the
betterment of society. POSDCORB means
P – PLANNING
O – ORGANIZING
S – STAFFING
D – DIRECTING
CO – COORDINATING
R – REPORTING
B – BUDGETING.
An MBA can Plan the
work which is to be done, then Organize the
work that how it is to be done, Staffing involves
different persons who can be helpful in different ways, Directing involves the specific direction to be given towards the
work, Coordinating with the team
members, then Reporting the work
which is being done at whole and then Budgeting
of the new assignment to be done. If these principles are applied to the
society then the principles such as Staffing, Coordinating etc. can help to
create the environment of inclusiveness in the minds of the people
Examples of MBA graduates who worked for the betterment of society
One of the example of this is an ex ISB student Tanushree Jana who was successful in
bringing 200 farmers out of the poverty line by introducing the drip irrigation
in some areas of Karnataka by her social venture. This way she had been the
savior of life of 200 farmers which made her win the award by Proctor and
Gamble.
Vikram Akula the
founder of SKS Microfinance is also
an MBA from IIM Ahmedabad, established a
microfinance institution which is providing loans to the farmers at very low
rate of interest. This way he also has also given a ray of hope to the farmers.
Chetan Bhagat a well-known
writer of many books also writes many articles about the society both in
English as well as in Hindi newspapers is a post graduate from IIM Ahmedabad.
He makes everyone aware about the political system of the country and also
gives the solutions that what should be done in order to eradicate the problems
prevailing in the country at large.
Chhavi Rajawat an
MBA from Balaji Institute of Modern Management could have also gone for job
like what others have done, but she choose her own way to become Sarpanch of Soda village nearby Jaipur,
Rajasthan and even big newspapers like Times
of India has credited her to be the
changing face of rural Rajasthan. She sets as a big example of women
empowerment in the society.
Sanjeev Beekchandani an ex IIM Ahmedabad student who has a big hand
in giving jobs to many people starting from fresher’s to experienced persons
through his well-known site Naukari.com.
The above stated are the persons who are examples of those
who have done/are doing for the society at large with their skills acquired
during their tenure of MBA. If every MBA start thinking like these persons and
develop ideas for the betterment of society then surely that dream which
Gandhiji & Bhagat Singh had looked for India will come true and education of
MBA would be of a worth.
Aditya Maheshwari
