Today’s world faces significant challenges. There are numerous ways that businesses are responding to these challenges. Some organizations are tolerant to deteriorating economic, environmental, and social conditions and are sailing through the decline by adapting to limitations. Other organizations respond to the need to make choices between what is apt for the environment and society or doing what is best for the economy. However, there are more innovative, proactive responses, including ones that champion business as a force for positive societal change.
VJIM, Hyderabad, a premier B School was established in 1993 to offer quality programs in management education, approved by AICTE, accredited by NBA and NAAC and rated National A** by CRISIL. VJIM aims at grooming professional managers by providing learning opportunities centred on the requirements of industry. A cornerstone for this initiative is delivering education modelled after international standards, steeped in Indian value system. This is facilitated by qualified faculty members with both academic and industrial research expertise and ably mentored by Governing Council members. The institution enjoys 2000+ alumni in the corporate and entrepreneurship with 200+ students graduating ever
y year. Faculty use innovative pedagogical tools and in-depth research to deliver the curated content that help the graduates be industry-ready. Research at VJIM focuses on providing practical solutions to real life business problems. It aims at linking theory with the application dynamics of the industry. VJIM strives to participate in research which the business world can connect with. Innovation and market relevance has been our hall mark. At the outset, the multifarious Covid-19 pandemic impacted a vast majority of individuals, businesses, and nations, one way or the other. The consequences of the predicament might have impinged various stakeholders in a variegated manner, but none have been exempted. Moreover, the unforeseen fluid situation has precipitated challenges to economies, organizations, and individuals alike. Apart from disrupting economic activities, the ubiquitous Covid-19 has subverted political, technological, social, and cultural domains. However, the distinctive Covid-19 pandemic has unfurled new-fangled approaches for businesses, employees, employers, and economies, initiating transformation. Consequently, the imperative to perceive, modulate and manage the exigencies has taken centre stage. Identifying the tenable path forward has become the primary focus for all businesses and nations, both big and small. Though not a panacea for every challenge, innovation and adaptation have emerged as the ‘mantras’ for survival and sustenance of nations, businesses and individuals as a whole during the quandary. Technology driven solutions have emerged as the portents of the futuristic paradigms for workplace transformation and business prototypes. We are currently witnessing a demand for smart capabilities powered by Machine Learning (ML) and Artificial Intelligence (AI). In addition, Artificial Intelligence is gaining wider acceptability across the globe thus facilitating product improvisation and customization. Additionally, market experts have resorted to empirical testing of these products for their performance and cost-effectiveness. Remote workplaces, which earlier were a distant dream, of late, have been widely applauded, are a consequence of technology. As the time progresses, the need for developing sustainable economic and financial capabilities is increasing exponentially. More than ever, the value of sustainable supply chains driven by quality, quantity and reach is realized now. The prominence of building performance driven organic infrastructure using renewable solutions has gained substantial attention
India is growing at a rapid rate, and the entire world is expecting India to be one of the fastest growing economies. However, Growth is not uniform across sectors; the growth has been uneven and often accompanied by income inequality and this gap between rich and poor leads to unbalanced social development. In today’s Emerging Market Economies inclusive growth has become the need of the hour. Inclusive growth means a fair allocation of resources with benefits to every section of the society. Indian policymakers have shifted their attention from growth to inclusive growth, and this is highlighted in the 11th and 12th five-year plans. Prime Minister Narendra Modi’s Independence Da
y speech promised a new foundation for a more inclusive India — socially, economically and politically. Inclusive growth includes overall growth and the critical elements of inclusive growth are poverty reduction, employment generation, agricultural development, Social Sector Development including securing social Justice, Equal distribution of Income, Environment protection, reduction in regional disparities and industrial development.
The past few decades have been extremely difficult for maintaining a balance between growth, globalization, governance, and environmental sustainability. The world's GDP has increased, leading to economic growth, poverty alleviation, increased food security and improved health standards on one hand however, on the other hand this economic expansion and business growth has come at a heavy price to the planet. The diminishing natural resources, climatic changes and many more unprecedented changes are major hurdles for sustainable growth.
About The Business School, University of Jammu University of Jammu is one of the India's prestigious universities with its commitment and focus on its core functions of teaching, research, publication, examination and extension. Accredited with A+ grade by National Assessment and Accreditation Council (NAAC) and ranked amongst top 100 universities of the country by NIRF-HRD, 2017. The university embraces various departments with The Business School as one of the leading departments. The Business School (SAP DRS-II Department) has successfully made its mark in the field of management education and has earned prestigious credentials from various pioneer agencies.
About the Conference The concept of 'Society 4.0' is being understood as the societal implications of living with, adapting to, and securing well-being in the digital economy. The digital economy, characterized by convergence of a cluster of technologies- Artiﬁcial Intelligence, Machine Learning, Virtual Reality, Advanced Robotics, Augmented Reality, Cloud Computing and the Internet of Things etc. have changed the way we work and do business. Production processes, business models, employment conditions, service delivery mechanisms etc. are being reconﬁgured; thus forcing businesses, organizations and societies to transform in order to adapt to the fast changing scena
rio. These disruptions are changing the way we work, study and do business along with how we live in the society. The anxiety about the future of work and jobs is not new but with 4th Industrial Revolution, the speed with which change is taking place is unprecedented. It is expected that in near future, many jobs and skills will become redundant while many will be created new. Some of the pertinent questions to which answers are being sought include -Do we work along with machines? or Do Machines replace us? As a society and global community, we need to ﬁnd answers to the above questions, while also being responsible for solving problems like poverty and attainment of Sustainable Development Goals – especially Goal 8 of 2030 Sustainable Development Agenda. Emerging economies like India are particularly concerned with the aspects like being able to provide 'decent work' to the young population while also not being left out in the race of adoption of Industry 4.0. The changing technological landscape in various arenas makes skill development/enhancement and labor demands unpredictable and variable. Also, the future requires the youngsters to be equipped with 'Skills of the Future'– which poses a challenge for the academia. The World Economic Forum in its report titled “The Future of Jobs -2018” has pointed out the top 10 skills like- creativity, complex problem solving, critical thinking, people management etc. that would be critical to survive in the future work environment. The role of educational institutions is paramount in this regard. It is essential that a collaborative approach is adopted between academic institutions, industry and government agencies to take on the skilling challenge. This Conference is aimed to provide a platform for the deliberations on the above issues like employment trends in future with special reference to emerging economies, the challenge of skill development/enhancement the youth, need for collaboration between academic, industry, government and regulatory bodies that are responsible for quality assurance and enhancement. The Conference will bring together eminent academicians, corporate executives, researchers, technocrats and experts from all strata of technologies for exploring and discussing the disruptions in business environment; particularly in the nature of work with respect to disruptions being caused by Industry4.0 and also currently keeping in mind post COVID-19 scenario.
In the era of digitalization, the world has shrunk and has succeeded in bringing people closer than expected. It has provided a social platform which enables people to interact with an individual group of users anywhere in irrespective of time. It has assisted in various academic, non-academics as well as social activities which has made lives more various. Various researches have been conducted that explored the versatile use of the internet by the language communities and there has been growing research with various strands based on the possibilities of new technologies for the revitalization as well as for the documentation and preservation of cultures. Digitalization could indeed be the
best possible methodology to revive the Business, Education and Management practices all over the world would be useful to demonstrate innovative technologies and achievements in the field. Digitalization already played a major role in public Education, Business, Finance, Marketing and Healthcare in wake of COVID 19 Pandemic. The scale, scope and power of digital transformation as evidenced by phenomena such as connectivity, platforms, algorithmic power, and big data is vigorous. The strong interconnectedness and interdependence between technologies and markets are key features of this transformation. In only a few months, the pandemic upended the daily lives of people around the world. Business, Marketing, Production, Education was among the sectors most affected as pedagogy went digital. Meaningful links between the digitalization of education and the economy, business leadership and national security was been observed. Managers, Teachers, Leaders, Doctors, Entrepreneurs as well as the other specialists in different industries and spheres, admit that in the future, digital technologies will become increasingly important. That’s why it’s quite logical to presume that these processes will be more technology and capital intensive worldwide over time. Today, more and more executives of companies and entrepreneurs have realized the need for changes in their business. It is useless to struggle with the concept of universal digitalization - it needs to be accepted and companies should understand how it can be built in. This is one of the most important directions that will help to make a new technological breakthrough in the world economy, while significantly reducing costs and optimizing production processes to preserve the environment, save human, money and time resources, and also improve the standard of living in general. Companies that do not start the digital transformation of their business today will be ineffective and will simply disappear under the pressure of new market realities and more pragmatic "digital" competitors of tomorrow. After a major global economic breakdown in 2020 due to pandemic, it was the digitalization in businesses that has helped us handling the difficult times. Therefore with the growing need of becoming Digitalized, Faculty of Management Studies, Parul University Vadodara Gujarat, feels proud in announcing an Online International Conference on the topic “Digital Learning Methodologies: Transformation of Business, Management and Education Practices” In this conference we will discuss, how technology has evolved and helped us in easing up business, management, and educational practices and bringing us out of the situation with ease.