Question

Based on your knowledge of for-profit universities, provide an analysis of the role of these universities in higher education with respect to corporate responsibility.

Answer 1

Corporate responsibility means that within an organisation, each individual employee should contribute towards the growth of the company along with following the core values/principle the organisation follows/promotes.
The habit/culture of follwing any such principle would not be built in a day. Its a continuous process and should be practiced diligently.

Now, the above discussed processes can be started at the root level. It means when the student has not yet entered the corporate world and is still in the learning phase at University level, these tricks and tools for a corporate responsibility can be imbibed within them so that they can, from Day 1, in corporate world have their impact shown to the organisation.

Role of for-profit university
- Build a culture within the univeristy as the students will face post their studies in the corporate world. It is quite easier to implement for a for-profit univerisity as the power lies to the shareholders.

- The final goal of a for-profit university is to make money. Therefore, timely corporate sessions can be arranged by them to provide a better insight of the "Next World" they would be in. It would help students to get prepared for corporate responsibility and have a help for economy of the university (seperate fee can be levied or added in tution fee)

- Universities can have their inhouse development team, lets say an IT department which functions exactly as a corporate organisation. Students can be asked to go through a mandatory internship in the IT department to get in-house hands on knowledge about corporate responsibility.

- The curriculam can be modified to include special mandatory credited subjects with respect to corporate responsibility.

- Corporate culture can be promoted even within the university campus. It means that certain progammes can be started where students have to volunteer and lead the programme teaching them core skills of managing and handling



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