1. Management/ Administration is always in a context.
2. The action/ decision of any manager is within the organisation.
3. The interface between the context/ the environment and the firm cannot be ignored. As a matter of fact, more closely they are integrated the better the decisions are in terms of their effectiveness.
4. The context is decided by the social, societal, economic and the cultural aspects of the environment in which the firm is operating.
5. Understanding the environment, bring effectiveness in managerial decision making. It is not only understanding the environment that matters, it is the ability of the manager to incorporate the salient features of the environment in the decision-making process that adds to the effectiveness of the decisions made.
6. To understand the nuances related to the environment, environmental context an exposure to social sciences & humanities is necessary.
7. The introduction to social sciences and humanities is complemented by the exposure to liberal arts subjects like art, music, sculpture, dancing and painting in the IPM program to give a holistic view.
8. Decisions related to organisational culture and nurturing them, are impactful if there is an appreciation of the issues related to individual behaviours, community behaviour, individual values and societal peculiarities.
9. The evolution of an organisation is interlinked with the historical factors related to trade, commerce and community behaviour.
10. Conflict management is better done if there is an appreciation of the individual beliefs, values, preferences and so is team building.
Keeping all these things in mind, IPM program attempts to blend, the relevance of social sciences in the holistic management education.