Go forth and contribute. I have heard that the professors are losing a lot of hair and sleep on this. The least we can do is give them our two cents. (And that’s probably about what I can afford at the moment :P)
When it is said that the IITs, IIMs owe their eminence entirely to students, not to faculty, it is implied that they do not add value. True or false?
Well, an IIMB director answered this effectively a few years ago when some in the corporate world had made similar statements. He made an offer: he would make public the admissions list the moment it was finalised. Corporates could come and recruit anybody on the list right away. If the IIMs did not add value, neither the students nor the corporates should have a problem doing this. There were no takers. The companies’ bluff had been called.
The entities that seem hellbent on taking away the autonomy of faculty and administrators at IIMs, would also have the stated objective of improving the IIMs. Would these entities be taking such steps to cramp the functioning of the faculty if they thought that the faculty = IIT/IIMs? I would think not. This seems to be the origin of the comment.
A suggestion: One way one can keep the hellhounds at bay, is to show to the world how the faculty at IIMs can do better than the students they teach. I am not sure how that can be achieved – maybe have a model system of governance, or hold a summit and then submit whitepapers on the functioning of various institutions of the country – which would add value to these institutions, etc.