Online published on 7 April, 2014.
There are crores of people who are getting added to the economy, but very few are being added to the list that is employable and even fewer to the list that is responsible for generating the employment. (F. Akhtar, 29–30 April 2011). There have been many organizations that have implemented Management principles, methods, practices or tools, however, academic institutions have started showing more interest recently in introducing Management principles. A quick review of the Financial Times, The Economist, or virtually any magazine or newspaper that covers HE Institute lead anybody to conclude that the these institutions are under constant assault by industry, journalists, and academics alike (Sargenti Patrice, Lightfoot William and Kehal Mounir, 2006) to justify their existence, relevancy, and effectiveness, given the rapid rate of change in today's world. According to (Brown and Duguid, 2000), profound changes in competition have made institutions think like business. The HE Institute behaves like educational markets and is becoming global to benchmark and internationalize their curricula. Research shows that many information technology implementations in educational institutions fail not because of technology but because of insufficient attention is paid to issues related to institution's culture (Levine, 2001; Friedman and Hoffman, 2001). We have world class educational institutions such as IIMs and IITs etc. The question is that can we progress with a week foundation? There are companies that train their own workforce and if these companies join hands, with govt. support and guidance from successful educational institutes, they can reach new acme of success (F. Akhtar, 29–30 April 2011). HE institutions in India are always challenged to stay relevant both in terms of education and research. All institutes are using the information about their students to gain insights into bigger issues like students’ performance, placements, students’ admissions and students’ successes. The regulatory bodies, accreditation bodies are seeking more information to measure and evaluate the effectiveness of the institutes (this process is often termed as rating).Unfortunately these institutions are giving less importance to institutional structure, process and culture. This Paper will explore Management practices in HE Institute context that is used to improve efficiency and effectiveness.
Higher Education Management, HE Institutes, Students, Faculty