How B-schools are introducing digital technology courses to keep students’ skills updated – Business Today

B-schools are usually responding to the pandemic-led acceleration of digitisation of businesses. IIMB has introduced a new core course on electronic businesses this year, while electives like gamification, Web 3. 0 and Metaverse respond to some of the latest technology trends. IIMA has started courses on digital strategy and transformation and digital marketing. “The traditional way of marketing or strategy or even managing HR are all changing. Real-time data about what employees are doing is useful to understand how giving a day off in the particular middle associated with the week may improve productivity, ” says D’Souza.

Consulting major BCG India, one of the largest recruiters at the leading B-schools, recently launched ‘BCG X’—a vertical to bring together more than 2, 500 electronic and AI experts, tech designers plus builders globally to service client needs, as the nature of businesses they consult for is also evolving. “We do a lot of work with large start-ups now, which are digital-first companies, ” says Sankar Natarajan, Managing Director and Head of Recruiting at consulting firm BCG India, adding that the new vertical has a mix of people with specific functional and domain expertise, but also requires management and talking to skills.

Also Read: What are India’s top B-schools doing to prepare students for the digital age?

Meanwhile, agility, an umbrella term for abilities required to overcome the VUCA (volatility, uncertainty, complexity plus ambiguity) world’s challenges, is a key ingredient for managers top the companies of tomorrow, the country’s top B-schools and businesses agree. “Post-Covid, while businesses continue to think and implement long-term strategic plans, there is a need to be more agile about certain decisions. For example , clients we work with have to revisit decisions due to external shocks such as supply chain uncertainty, geopolitical developments, changes in commodity prices, etc . So, companies and consultants have in order to be adaptive and almost all these elements come to bear a lot more, inch says Natarajan. Adds Varun Nagaraj, Dean of S. P. Jain Institute associated with Management and Research (SPJIMR): “The pandemic exposed to the particular whole world that somebody falls sick somewhere plus, suddenly, the prices of auto rickshaw parts go up. Therefore, a good appreciation for people who can operate in that kind of a world has gone up. inches

Institutes are going about preparing students with regard to unfamiliar and shifting situations in different ways. D’Souza says IIMA has introduced programs on innovation, including one on ‘Innovation, Live! ‘, a hands-on, practical program aimed at developing a student’s ability to come up with out-of-the-box solutions, understand innovation methodologies and learn corporate decision-making processes. “In the particular last few years, all of us have been thinking the lot regarding divergent thinking, where there are different solutions to a problem. This offers become central to quite a few courses operating on the campus, ” he says. For SPJIMR, one way is to focus on solutions in core courses. “For example, in human resources, how perform we introduce a diversity, equity, inclusion solution in Afghanistan or in a company that’s like that? ” says Nagaraj. IIM Bangalore (IIMB) will be emphasising on digital, data and ESG-related skills to help students catch early trends in external changes that will contribute in order to VUCA. “If you see a change in demand, or you see a new trend towards a brand new technology, or you see some other consumer or social trend, the focus upon data will help students realize these kinds of changes, ” states Rishikesha T. Krishnan, Movie director of IIMB.