AICTE-approved management institute, Asian Business School (ABS) – which is a part of Asian Education Group and is ranked as one of the best B-schools in Delhi NCR – organized the 6th International Conference on “VUCA World: Issues & Challenges” at its Noida campus on Saturday, 9th March 2019. The conference was organised under the aegis of Research and Development Cell at Asian Business School, which works to promote research and allied activities in the organisation.
The theme of the conference revolved around the world’s changing business environment in the Volatile, Uncertain, Complex and Ambiguous (VUCA) World that is putting more challenges for the business leaders than ever before. This conference was an effort to present and facilitate an understanding of the complexities of the changing face of the Industry, its drivers, enablers, goals and limitations. Participants at this conference included research scholars, industry professionals, learned faculty members, and functionaries from diverse business backgrounds who came together to learn or share their knowledge on this subject.
The day started with the inaugural ceremony wherein the Director-AEG, Dr Lalitya Vir Srivastava welcomed all the guests. The Inaugural address was delivered by Dr. Sandeep Marwah (President Asian Education Group), wherein he expressed the relevance of the theme chosen. This was marked by the release of the conference souvenir.
The keynote address by Dr. Rakesh Mohan Joshi (Professor and Chairperson of International Collaborations and Research- Indian Institute of Foreign Trade), set the ball rolling and made a perfect start to the conference theme. The speakers at the Inaugural Ceremony Mr. Dilip Chenoy (Secretary General, Federation of Indian Chambers of Commerce and Industry -FICCI), Mr. Richard Rekhy (Former CEO, KPMG India), Dr. Rakesh Kumar Khandal (President R&D- Indian Glycols Ltd.) connected to the audience by spreading out their rich knowledge of practices and experiences. IBMRC-lifetime membership certificates and mementos were presented to all the guests.
This was followed by a plenary session which delved upon the issue of ‘Leadership Challenges in VUCA World’ that required today’s leaders to be equipped with the mental, emotional and interpersonal preparedness for uncertainty and risk, or what was called ‘Cognitive Readiness’.
Post lunch, the technical sessions had tracks consisting of Finance, General Management, Human Resources and Marketing. The best paper award for each category was adjudged by the session chairs in consultation with the co- chair.
The external panellists comprised of Prof. Kartik Dave (Professor and Dean, School of Business, Public Policy and Social Entrepreneurship, Ambedkar University, New Delhi), Dr. Neeti Rana (Dean, School of Humanities and Social Sciences, Gautam Buddha University) and Dr. Amitabh Gupta (Associate Professor, Department of Financial Studies, University of Delhi). The verdict of our esteemed panellists was considered final to adjudge the best paper awards in each category.
In all, 120 papers were received from authors in India and abroad including contributions from Germany, UK and other nations, out of which 78 were selected by the editorial board for presentation.
The event concluded with the Valedictory Function that was held in the presence of Dr Neeni Rana, Dr Kartik Dave and Dr Amitabh Gupta as guests. Certificates were awarded to all the participants and the Best Paper awards were given for each technical track.
Best paper award for HR track was given to Mitika Nangia & Farhat Mohsin from Manav Rachna International Institute of Research & Studies. For Finance track, best paper award was jointly shared by Vipul Mehta and Vasu Jain from Asian Business School. Mohak Sehgal, Ankur Budhiraja and Ambika Rathi from New Delhi Institute of Management jointly received the best paper award for Marketing track. In the student category, Aashima Malhotra & Mohd.Uzair of PGDM 2018-20 batch of Asian Business School got the best paper award.
The conference was summarized by Dr. Resham Sundrani (Member-R&D Cell). At the end of valedictory function, Vote of Thanks was given by Ms. Kavita Khurana (Member-R&D Cell) wherein she thanked the participants, organizing committee members, students and coordinators for making the event successful.