The world currently is in the disposition to rebound and rebuild itself. Humanity witnessed a pandemic of an apocalyptic proportion that was unprecedented and inconceivable by any standards. The impasse exposed the fragility and vulnerability of our systems. The message was clear and loud: to build strong and resilient systems that can endure tribulations. Organizations and governance mechanisms should be robust to survive catastrophes of comparable magnitude and still thrive. Subsequently, policymakers, economists, academicians, and other think tanks had to revamp their perspectives. Undoubtedly, technology has emerged as a potent weapon, however, we need to contemplate forging resilient organizational systems and enduring economies.

What should be the stratagem for the future? 

The world witnessed the impact of the pandemic across various sectors such as businesses, education, healthcare, governance etc. Establishments, however large and professionally managed, had to learn new lessons to be agile in adapting the new normal. Companies, big and small, had to innovate and adapt to match the mercurial events. It is by now apparent to all stakeholders that anticipation, innovation, adaptation and resilience are the ‘mantras’ for sustainability. As the adage reads, ‘when the going gets tough, the tough gets going.’ Only those who have seasoned from man-made and natural calamities can perdure. Organizations should improve the quality and pace of decision-making by employing technology and data for the process. Moreover, they should look for innovative solutions to accelerate the scope and scale of their business. Furthermore, they should reassess their priorities and focus on building businesses that contribute to a sustainable world. To conclude, how can we build organizations that will endure predicaments both, natural as well as man-made? This conference is aimed at contemplating and reflecting on future course of action in this context.

ABOUT THE VIGNANA JYOTHI INSTITUTE OF MANAGEMENT 

VJIM, Hyderabad, a premier B-School, established in 1993, offers quality management education programs. It is approved by AICTE, accredited by NBA and rated National “A” by CRISIL. VJIM aims at grooming professional managers by providing learning opportunities centred on the stipulations of the industry. The cornerstone for this initiative: ‘delivering education modelled after international standards, steeped in Indian values,’ is facilitated by qualified faculty members with academic, industry and research expertise, and ably mentored by the Governing Council members. The institution enjoys 2000+ alumni in the corporate and entrepreneurship with 200+ students graduating annually. The faculty espouse innovative pedagogical tools and comprehensive research paradigms to deliver the curated content that adheres the graduates alacritous with the industry. Research at VJIM focuses on providing pragmatic solutions to tangible business predicaments and aims at associating conceptual erudition with the application dynamics of the industry. VJIM strives to partake in research with which the business world connects. Innovation and market relevance have been the VJIM hall mark.