About the Conference
The present decade of 21st century, is characterized by intense competition
and dynamic changes in the business world. Understanding the nature of global
trends has never been more important ever before. Volatility, inflationary trends,
growing inequalities among and within the countries and the slowing down of
employment growth are some of the challenges. Business concerns and
companies across the world are attempting to grapple with the changing
business environment and it is realized that executing an existing strategy may
no longer be enough. Businesses and economies need to think more deeply
about the opportunities and risks presented by evolving trends and chart a
roadmap to success.
Global economies are so interdependent and interconnected that
companies, governments and industries are compelled to cooperate in the ways
that could not have been imagined a few years ago. We now see the emerging
markets becoming hotbeds of innovation and serving as the world's economic
growth engine especially in efforts to reach the growing middle class and
low–income consumers around the globe. The far-reaching effects of their
spectacular rise will continue to influence business environment all over the
world.
Rapid population growth, demand for sustainable economic development,
a growing middle class, cut throat competition, easy access to credit, demanding
customers, internal and external liberalization, macroeconomic stabilization,
restructuring of banking and finance, growing MSME sector, opening to the
world and economic integration are making many companies look at their
functioning in a whole new way.
In the face of continually evolving situations, business leaders need to
keep their organizational strategies updated, ensure that their organizations
continue to look ahead, and use strategies to improve overall performance.
Leaders need to plan for a range of scenarios, abandoning assumptions about
where competition and risk could come from, and not be afraid to look beyond
long-established models. Organizations will also need to keep their employees'
skills up-to-date and balance the potential benefits of emerging trends with the
risks they sometimes pose.
This international conference “Emerging Trends in Business and Economy:
Mapping the Way Ahead” aims at throwing light on the current trends that will shape the future of business and economy. It will be an opportunity for assessing
these trends and will provide a forum to deliberate upon the strategies that can be
adopted to leverage the opportunities.
The conference is being organized by the Department of Management
Studies, Poornima Group of Colleges and the Poornima University, Jaipur in
collaboration with Hanyang University Business School, Seoul (South
Korea), School of Management, Asian Institute of Technology, Bangkok,
(Thailand) and JK Lakshmipat University, Jaipur.
Main objectives of this conference
- To bring academicians, researchers and others from the international and national community on a common platform to explore and examine the diverse facets of current business trends and to offer implementable managerial inputs across management disciplines and various sub–themes there under;
- To bridge the gap between industry and academia and develop an understanding of the needs and expectations of business and economy; and
- To expose the young students of management, who are the potential leaders of the future, to ideas and practices that will equip them with relevant background to meet the emerging challenges.