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Newer Jobs Emerges with Automation & Technology Says Director, Aditya School of Business Management, In Conversation with ObserveNow

In the fast-paced and interconnected world of today, educational institutions play a crucial role in shaping the future workforce and preparing individuals to navigate the complexities of the global economy. According to OpenText, 82% say technology-related challenges, like lack of automation and complex workflows, have resulted in delays or missed deadlines. Automation is the future of workforce management and maintaining fast-paced operations at organization. As the future of the workforce is evolving, it becomes mandatory for higher education institutes to evolve their curriculum, making students a good fit for the industry.

With a keen focus on fostering entrepreneurship and innovation, HEIs should undergo a transformative curriculum development initiative coupled with strategic global collaborations.

Aditya School of Business Management (ASBM) has embraced technology-driven initiatives with zeal in response to the burgeoning demand for continuous learning and skill updates. Dr Suresh Iyer discusses the seamless integration of digital tools, smart devices in classrooms, hybrid learning approaches, and collaborations with renowned institutions like Harvard Business School for virtual simulations and certifications.

Moreover, ASBM recognizes the importance of global collaboration and cross-cultural competence in shaping students into reliable global corporate citizens. Dr. Iyer shares insights into the institution’s collaborations with international partners, exposing students to multicultural dimensions and preparing them for global careers.

In this conversation, Sheeba Chauhan, Senior Assistant Editor, ObserveNow interacted with  Dr Suresh Iyer, Director, Aditya School of Business Management (ASBM), Mumbai, and gained insights on a comprehensive overview of ASBM’s innovative pedagogy, strategic collaborations, and commitment to nurturing a new generation of adaptable, entrepreneurial, and globally-minded management professionals.

Here are the edited excerpts:

How is your institution fostering entrepreneurship and innovation after the recent revamped curriculum development and global collaboration opportunities?

Technology, Digitalization, and automation while destroying some older jobs, newer realms and opportunities are emerging. Employability of our stakeholders i.e. Management students is not about working for a company only anymore. We have a robust E-cell as well as an incubation center. In addition to this, we have established the Institutional Innovation Council in Line with the revamp envisaged in the curriculum. In a nutshell, an appropriate eco-system has been created by our institution to encourage innovation and entrepreneurship.

How are students of your institution adapting to technological shifts considering the burgeoning demand for continuous learning and skill updates?

We are dealing with digital natives and hence the transition to technology-driven initiatives while complex is not difficult to achieve.

Covid has hastened this transition. We are deploying technology extensively in terms of smart devices in the classrooms, hybrid andragogy, digital certifications, simulations from Harvard Business School etc.

Using multimedia resources, virtual simulations, and educational apps, how has innovative pedagogy transformed management studies in recent years?

Transformation is tectonic. We are now living in a world surrounded by technology, digital, and AI. This has democratized access to information, and data and has become a pervasive part of our lives irrespective of the generation. How can Management studies remain untouched? Integration of technology and platforms is now cutting across multidisciplinary realms.

Do you think global collaboration and cross-cultural competence are making students more reliable and interested in global careers? Has your university collaborated on any global research collaboration, If yes, please elaborate.

Yes. Way forward we can expect more and more such collaborations and interactions. We are now living in a boundaryless world. We do have collaborations with many institutions abroad and expose our students to the multicultural dimensions. Obviously, our objective is to produce global corporate citizens.