We live in a global world and an increasingly competitive environment. Highlighted by the world conference of higher education held by the UNISCO, the modern university is facing substantial change as a result of two central trends in external environment. These trends are “acceleration in the pace of change itself and the globalization of the economy and of technology” (UNISCO, 1998, p.11) causing challenge for higher education institutes. The challenges facing higher education include internal and external factors. From one side, internal factors are 1) the “tensions between research and teaching structures” (Felt and Glanz 2002, p.18), 2) the inability of dealing with the growth of number of students entering higher education institutes
One of the reasons for this growth is related to the ever growing global need for an educated workforce combined with financial constraints of established educational systems. Distance education offers life-long learning potential to working adults and will play a significant part in educating societies around the world. Distance education will become of far greater importance in the United States in the years ahead because it is cost efficient and because it allows for independent learning by working adults. If society is to cope with this growing need for an educated workforce, distance education must continue to make its place in the educational community. Commercial companies are increasingly supporting the online infrastructure of universities, and universities are becoming more corporate.
Instructive idea is a subject that has altered throughout the decades, and still nowadays not every person is in complete special consideration to the subject. In any case, one thing is sure rationality is the establishment of educational styles. There are four basic philosophies: Realism, Idealism, Pragmatism and Existenlism. Each of the four philosophies are altogether different, however all make progress toward a similar objective, to better our education framework. Although each teacher has an alternate style of showing that can be viewed as their own, they follow one of the four fundamental theories.
Lean is one of the most widely used philosophies, as organizations come under increased pressure to compete on product cost, quality, and services. The Lean concept is also one of the possible solutions for improving education, especially Higher education, as it provides the opportunity for education as a service to become profitable. The application of Lean principles and practices to improve the efficiency and effectiveness of faculty and university processes, or Lean Higher
Excellence and quality assurance in higher education is the biggest problem in India for Policy makers. Post- secondary education needs to prepare graduates with new skills which include communication and soft skill, a comprehensive knowledge base and a wide range of competencies to enter a more competitive, complex and interdependent world. Quality is a multi-dimensional concept and several toolsare required for quality assurance and effective management at individual and institutional level. In India, though several authorities and systems of accountability and accreditation are working which include UGC, AICTE, National Assessment and Accreditation Council (NAAC), National Board of Accreditation (NBA), Director of Higher / Technical Education at State Level etc., still we are facing the problem of quality in higher education. It indicates that there is a need of more research work to enhance the quality of education for sustainability.
With this strength we can achieve success if we work hard with strict rules and regulations. Thus this paper is focusing on the implications of PMJDY scheme in the scenario of developmental aspects across India. Keywords: Jan Dhan Yojana, PMJDY, Demonitiation of Currency, Digitalization Introduction: India is identified as fastest growing economy. One of the main reasons that contribute for this is Digitalization. Today we are living in digital era.
As Desouza (2011) put it, KM has become a trendy buzzword. Much of the interest in KM came from the realization that organisations compete on their knowledge-based assets. Even noncompetitive organisations (e.g. governmental institutions and nonprofits organisations) succeed or fail based on their ability to leverage their knowledge-based assets. It is stated by Teng and Song (2011) that the importance of KM is no longer restricted to knowledge intensive firms in the high-tech industries but to all sectors of the economy.
A favorable time difference with North America and Europe helps maintain 24x7 operations and improves time to market. In parallel with broader efforts to develop the software and IT services industries, Indian governments at the national and the state levels have recognized India’s potential in the IT outsourcing arena and have actively pursued programs to develop it further. Furthermore, Indian IT and ITES service providers have demonstrated a strong commitment to achieving internationally recognized quality standards. The Indian IT outsourcing companies have been successful at competing with the large IT companies in the US for application infrastructure projects as well as systems and business-process outsourcing projects and are now branching out in areas such as Human resource Outsourcing (HRO) and Knowledge Process Outsourcing (KPO). These efforts have led to the emergence of a 24x7x365 global supply chain, and global real-time collaboration is fast becoming a reality changing the way we live (David and Ganesh, 2004).
The delivery infrastructure The Indian IT sector organically or otherwise holds enough capacity and character to provide excellent digital content and supporting technological platforms. With the advent of several corporate giants like TATA, BSNL & RELIANCE in digital education and the subsequent money flow this sector is gearing up for some quality movement. But innovation is one thing that has no end and therefore would always invite different stakeholders like Government, Content experts, Technology firms, Users, Teaching community etc. to come together to collaborate and invent cutting edge technologies and methods to facilitate this sector’s meaningful growth. Government and private
It has become a prominent strategy that is useful to global economy for a large number of companies (Luo, 1999). Worthington (2003) agreed that ―In this highly competitive market the companies are considering to enter new countries to gain advantages from their rivals either to reduce cost or as a strategy for boosting demand. Therefore, in order to ensure their survival, firms are urged to get into the international new markets. In the (“Education, Employment & Entrepreneurship”, 2013), every country most especially well developed ones must always be concerned about providing jobs because population growth inevitable in developed countries. If we continue to dismiss this problem, when the youth mature and become the new incoming workforce then there will be intense competition in the market therefore job opportunities is lost.