Cross-industry and cross-cultural learning to uplift the local market – Times of India

Businesses have changed in the last two years due to the impact of COVID 19 and it has changed the purpose of management education and learners. Singapore Institute of Management (SIM), which enrolls over 800 Indian students, is also focusing on learning development by changing the curriculum. Sim It is focusing more on introducing a management education model which aims at creating social impact.
Gerald Lum, the director, Brand, Marketing and Communications, SIM, who was in India for the institute’s rebranding, highlighted the new approach to management education. “The education model is now based on our contribution to society. As we expand into the enterprise sector, the social impact of individuals and corporations has increased,” says Lum.
11% of the international students on SIM are Indians and are in the top four categories. Students from China constitute the largest international student community here.
“The number of students declined during the pandemic due to travel restrictions. We are targeting to increase the enrollment of Indian students by 16-25% in the coming academic sessions,” says Lum, highlighting that affordability is the key driving factor for students to study abroad .
“But more than that it is the mindset that matters. Students should be ready to learn something new and return with a new way of working. With India being 20% ​​of the future workforce, this is going to be very important. has been,” he added.
It is important for learners studying abroad to understand what the future of work and the future of training will be based on. “Our focus is on offering enterprise solutions that include an integrated training programme. In many companies, the workforce is trained to different levels, leading to difficulty in execution. So, everyone needs to get training based on the company’s strategies, results and delivery,” says Lam.
The pandemic has changed business models in most places, forcing business and management education as well. “Long before the pandemic, the industry was saying that maybe front-loading education was not the right way to go. Students in most countries were not industry prepared. During the pandemic, we realized that there is a need to bring learners and industries much closer to result-based learning,” says Lum, coordinating the institute with over 1500 corporates to train students to be skill-focused. Partnership highlighted. “The biggest shift is that we are looking beyond academic skills and making students industry-oriented,” Lum says.
WEF has highlighted the need to skill 50% of the workforce and acquire new skills due to changing technology and increasing automation. “The fear of losing a job is part of the process, though jobs will always be there. The role of a manager will remain relevant only when they equip themselves with new skills and knowledge,” says Loom who is a big advocate of cross-industry and cross-cultural education, “When we travel abroad, we get new ideas. It helps in handling local business problems better. Managers need to localize their thought process to offer better solutions,” he says.
SIM is in the process of collaborating with several Indian institutions for student exchange programs and other joint projects. “When we seek partnerships with institutions, we identify cultural commonalities. We would like to collaborate with institutions where the learner-focused end goal is better outcomes.”