Monday, January 14, 2013

The Right to Education Act to impart free and compulsory education to children aged between 6 and 14 is just the first step.

The U.S. and India face some common concerns too. There is no education ministry in either of the nations and both have a decentralised system of education. This results in a sluggish pace of positive changes and implementation of schemes. However, neighbour Sri Lanka structured teacher appraisal system in its reforms in the 1990s.

There is no denying that great teachers create great value. According to a study by economists at Harvard and Columbia Universities, a good IV grade teacher makes a student 1.25 per cent more likely to go to college, and 1.25 percent less likely to be a teenager mother. As an adult, each student will earn on an average USD 25,000 more over a lifetime. On the contrary, a really poor teacher can have an impact that can be equated with a child missing 40 per cent of the school year. The study, which involved a database of one million students, also shows that parents should pay a bad teacher to retire to avoid the long-term damage to students.

Performance-linked incentive system has been a discussion issue in India too. So, should teachers be incentivised on the basis of their performance? Is it correct to hold teachers accountable for their students’ performance? And most importantly, do we have a flawless system to measure it? A random evaluation of an incentive programme implemented across government-run primary schools in rural Andhra Pradesh, which provided bonus to teachers based on average improvement of their students’ test scores in independently administered learning assessments (with a mean bonus of 3 per cent of annual pay), showed that after two years students in incentive schools performed better than those in schools with no such incentives by 0.28 and 0.16 standard deviations in math and language tests, respectively. It was found that there was an actual increase in learning outcomes and such schools also performed better in subjects for which there were no incentives. However, till date, the empirical data in India is limited and mixed. Click here to read more...

Read More IIPM Related Articles
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri's Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

Labels: , ,

Wednesday, January 09, 2013

Life on the go

Sumant Bhargava, Managing Director, Stargaze Entertainment pvt. ltd.

Passion, to me, is… contagious!
Processes and systems are important because… it is critical to exponential growth.
I am most influenced by… people who effect change in this world.
People are my most important assets because… they determine the character of the organisation.
My inspiration in life has been… to create success for the people I work with.
Employee attrition can be handled by… while a little attrition is healthy, passion keeps them engaged.
The secret for a business’s quantum leap is… the success of managing the three key resources – time, money and people.
Leadership, to me, is… getting all people behind you during trying times.
The legacy I would like to leave behind is that of... I do not believe in legacies.
My most cherished possession is… my daughters.
My favourite pastime is… researching about places to see in the world.
My dream ride is… trip to Ladakh on a Harley Davidson!
On my bookshelf these days, you’ll find… Filmfare and Sportstar.
My greatest extravagance in life is… travelling.
My idea of a perfect life is… life can’t be perfect, but I would like to spend a lot of time with my family.
One teacher I can never forget… English teacher when I was in class ninth.
The most valuable work lesson that I have learnt is… do not procrastinate.
The most important quality that youngsters must imbibe is… there is no shortcut to hard work. Read More...

Read More IIPM Related Articles
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri's Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

Labels: , , , , , ,