Competency Gap Analysis A Study of Management Graduates In Gujarat

Abstract

Background: Numerous challenges in the twenty-first century confront corporations worldwide. Embracing change with the involvement of budding management workforce is the greatest competitive challenge faced by companies today. When management students are relied increasingly upon to add value and adopt innovative practice in organisations, anxieties for the effect of prevailing managerial skills gap are escalating. Current management education is blamed constantly for managerial competencies deficiencies. Thus a reconsideration of traditional managerial concepts and practices is required, which aims to trace the evolution of a new management paradigm and explore the most important skills management graduates will require to be corporate ready, the effectiveness of management programs in developing those skills in graduates, noting possible gaps in the management curriculum, and possible strategies to resolve those gaps. newlineConclusion: The research study identified the important managerial competencies to the organizations, as well as provided insights to management academicians of the competencies deemed important by corporate recruiters of MBA graduates. Moreover it looked at the changing demands of business organizations from management graduates. The results of the study provided valuable information regarding reasonable gap for certain competencies between the corporate and academicians expectations and effectiveness of MBA curriculum in developing competencies. Moreover there are few models developed by the researcher to address the issue of competency gap. This study also suggested the way forward to researchers to carry out further study in this field. newline newline