The management landscape, globally, is undergoing transformation in view of increasing adoption of artificial intelligence, machine learning, internet of things, industry 4.0, robotic process automation, fintech, block chain, analytics and so forth. Data can now be gathered, processed at a faster rate which in turn impacts productivity and ultimately the competitive advantage. The increasing intelligence impacts products and production systems, their intra-company cross-linking and their cross-company integration into value creation networks. Appreciating this, GL Bajaj Institute of Management and Research has organised it’s first Research Conclave on “Industry 4.0: Management Challenges & opportunities “ This research conclave is designed to bring together thought leaders in the area to deliberate on management strategy in light of the changing practices in various business domains.
The conclave had 20 renowned personalities as the Guest Speakers and Experts for the Technical Sessions. Like AICTE Chairman Prof Anil Sahasrbuddhe ,Dr. KK Aggarwal(Chairman),National Board of Accreditation) were the Chief Guest of the Inaugural session. Dr. Amitabh Rajan, IAS Retd. (RBI Service Board), Mr. Pwawan K. Jaipuriar (Executive Director, AECOM Ltd.), Dr. Harivansh Chaturvedi (Director, BIMTECH), Mr. Prasoon Sharma (NYU & UCL) were the key speakers in the Inaugural session.
The conclave has received 90 research papers and abstracts. The proceedings of the conclave will be launched by the Chief Guest. Director Prof. (Dr.) Ajay Kumar said that the conclave will be among the biggest research events in the nation. Researchers will compete for the Best Research Paper Awards and present 90 research papers in the areas of management change, strategy planning, sustainability and other contemporary business domains.
Chairman NBA Dr. KK Agarwal said, this is an initiative by the college to increase the stability and the awareness about the various things like internet of things, artificial intelligence, robotic process information as these are the future of generations. This is an well initiative to make the awareness about these industry 4.0 management challenges and opportunities.Chairman AICTE Prof Anil Sahasrbuddhe said that the reforms required in teaching pedagogy curriculum reviews and faculty need to take online courses, he added to develop the personalities of the student focus should be on internships plus project based on industrial learning