THE RECENT GEOPOLITICAL events-from the Covid-19 pandemic to the Russia-Ukraine war and the tensions in the Middle East-have created unprecedented volatility in the world of business. As the global economy adapts to the new realities, corporates are busy scribbling their future plans and introducing rapid changes. A relook at business and operational strategies by large companies has had a ripple effect on the way management professionals are trained by the B-schools.
Professor Sumanta Basu, the Dean of the Indian Institute of Management Calcutta, concurs. Basu, who teaches operations managementa course that aims to improve operational efficiency scientifically says the impact is evident. "Our students are finally going to join corporates. So, as they are impacted [due to the ongoing tensions], their demands [from us] are also different. Accordingly, we should react to those changes," says Basu.
This story is from the October 13, 2024 edition of Business Today India.
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This story is from the October 13, 2024 edition of Business Today India.
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