Teach Middle East Magazine Jan - Mar 2020 Issue 2 Volume 7 | Page 14

Sharing Good Practice BRIDGING THE DIVIDE BETWEEN ACADEMIC INSTITUTIONS AND THE CORPORATE SECTOR IN THE DIGITAL AGE BY: MURAD SALMAN MIRZA ‘ D idn’t they teach you this in college? ’ An anguished cry, laced with frustration rings out in the corridors of a corporate organisation from a jaded manager eyeing a recent inductee from a well known academic institution. Sounds familiar? Sadly, this act is played with minor variations in a number of organisations striving to bridge the gap between the Academic institutions and the Corporate sector. The mantra of ‘Right Person for the Right Job’, degraded to the level of a cliché, has long been etched into the programmable mindsets of HR professionals to ensure optimization in talent induction. However, such slogans are often tempered with the sobering reality that ‘all that glitters on a resume is not gold’, especially when fresh talent is being sought from the academic institutions. What creates such a divide? This article explores the respective question by highlighting some of the existing gaps between the Academic institutions and the Corporate sector, 14 Term 2 Jan - Mar 2020 while providing viable solutions in the respective context to remain relevant and competitive in the Digital Age. THE DILEMMA First, the education imparted in academic institutions is limited by the curriculum, which is generally the product of; what the academicians are comfortable with teaching, availability of relevant research in the respective area and the enrolment levels of the various courses. Such confines infringe upon the freedom required by the demands of a dynamic market that is increasingly gravitating to hybrid learning as a more conducive option for enhancing skills, rather than relying on the conventional pedagogic nature of classroom teaching. The subsequent skill deficit aggravates the desperation felt by employers in terms of finding desired talent nurtured on the latest practical knowledge. For example, how to market products effectively to consumers enticed by the convenience of online purchases while they are being inundated with a plethora of options. Class Time Second, the academic courses are generally taught by academicians who are driven by research and guard their bastion of knowledge zealously from the practitioners who are normally chastised as the unregulated exploiters of knowledge. Thus, igniting the unending debate on ‘knowledge for knowledge’ vs ‘knowledge for profit’. Such divergent thinking generally permeates the educational institutions and results in curriculums that have limited application in the practical world, e.g., math courses, for non-math majors, focusing on deriving differential equations, rather than teaching how to use math in doing statistical analysis by using real- life case studies to develop the skills needed for becoming data scientists who are critically needed in the Digital Age. Consequently, employers are invariably dependent upon the quality of their orientation, on-the- job training or specialized external courses, to increase the likelihood of grooming desired talent to their level of satisfaction. Third, the pedestal of academic achievement is based upon the quality and extent of research that takes years to complete and can suffer from the misfortune of being inadequate in scope, outdated or soured with biasness. Such a temporal distortion often manifests in terms of obsolete solutions to problems that have already been resolved in the professional circles. Therefore, the fresh talent emerging from educational institutions is normally tainted with yesterday’s knowledge. For example, management theories that are increasingly irrelevant in the Digital Age, driven by disruption, where the average lifespan of an organization had decreased to less than 20 years as compared to the 1950s when it was around 60 years (https://www.cnbc. com/2017/08/24/technology-killing- off-corporations-average-lifespan-of-