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| Sunday, 27 January 2002 |
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Business |  |
| News Business Features Editorial
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Education
for entrepreneurial management
"Speedy economic recovery and sustainable development efforts in the business sector demand a new breed of professional managers: managers who can think and act like their entrepreneurial masters. Assistance we should expect from our premier management education institutions in this country to educate our young managers for entrepreneurial management is ever great" said Ranjith Fernando, Secretary, Ministry of Enterprise Development, Industrial Policy and Investment Promotion at a professional gathering at the Postgraduate Institute of Management (PIM), Borella. Mr. Fernando was delivering the keynote address at the inauguration of the new MBA programmes this year at PIM. He said:" A seeming crisis must be turned into an opportunity and you must pursue it with all your energy and vigour." Mr. Fernando pointed out that the new programmes for industrial development will depend a lot on private sector initiative and risk taking and the young MBA managers must be well prepared to play an active role in it. PIM enrolled 140 middle and senior managers especially from the private sector in its new MBA programme. Prof. Gunapala Nanayakkara, Director and founder of PIM, in his address lamented that mismanagement seems to be commonplace. Many large organisations are no exception, he said. Our challenge is to professionalize management by "moulding" natural styles of managing into those that are professional. Prof. Nanayakkara reiterated that PIM's MBA programme attempts to redress an imbalance produced by the nation's overemphasis on teaching, at the expense of learning. He said: "PIM's MBA facilitates student - learning and promotes self-learning, and avoids the student's over-dependence on teachers." |
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