IMPACT OF INDUSTRIAL PARTNERED CENTRIC LEARNING ON INNOVATIVE BUSINESS PRACTICE TRAITS (IBPT) IN BUSINESS MANAGEMENT

The purpose of current research paper is to provide an international perspective on contribution of Industrial partner centric Learning as an Innovative Business Management tool. With a focus on engaging an industry partner, with a passion and interest for partnering with JUC students. It should support the aim behind IBPT; to assist students in developing skills for real-world interaction. Students will be able to resolve complex real-world issues rather than being consultants for an organization seeking a feasible solution. In the aftermath of financial crisis, graduate students were under heavy scrutiny. Business schools can improve their sustainability and their relevance to corporations by exposing students to complex problem solving and decision making skills. Therefore courses needs to be redesigned to incorporate complex problem-solving and decision making in difficult situations. The changes in courses includes ensuing soft skills for managing coworkers, leadership, better communication skills, working in teams and collaboration and improved selfmanagement. Integration of soft and hard skills can eliminate traditional problemsolving techniques which will be replaced by alternative yet contemporary perspective. The aim of Business management studies development was not duplicating the already ample research on capabilities of Management. Rather the aim was evidence based practical engagement with a perspective of improved and altered management study. Furthermore by implementing collaborative techniques i.e. MOOcs will include proper allocation of strategic resources, introducing structural reforms, contemporary governance practices and introducing new IT platforms throughout the institute