We at Vision College of Management (VCM), are working with a Mission to develop our students to allow them to prosper in their professional and personal life. Management Education Redefined is a commitment of Vision College of Management to ensure our mission is achieved by special thrust on both technology, as well as developing managerial skills including creativity, innovation, and the art of learning.
In a management college, the education needs to be more fluid and the learning outcomes more agile. At VCM we constantly introspect our pedagogy as well as the skills we strive to develop in our students. It has become more relevant than ever that all management graduates and post graduates have a firm understanding and know-how of technology. Today technology is both ubiquitous, and also a necessary enabler in all sectors and organizations. We cannot think of any process in sectors as diverse as Marketing, Finance, Human Resource, International Business & Trade are majorly reliant on technology. C-Suites are promoting decision making based on digital analytics. Under Management Education Redefined we identify case studies and sectors where skills in exponential technologies will be the real game changer in the coming years. We at VCM have elaborate methods to ensure all our students, even from non-tech background, get adequate exposure to these technologies.
Few Case Studies with related Technologies which we are promoting at VCM
Immersive, gamified, and diverse; there’ll be a blurring of the lines between things we watch and things we play. In coming times whereas the video and other source of entertainment will be immersive using technologies like augmented reality and virtual reality, we will also have high penetration of personalized experiences will be on boast. In the coming decade,…
Blending entertainment with instant purchasing, live commerce offers retailers, brands, and digital platforms a new channel with enormous scope for creating value. Live commerce combines instant purchasing of a featured product and audience participation through a chat function or reaction buttons. In China, live commerce has transformed the retail industry and established itself as a…
Institutions like banks, lending houses, financial companies, Insurance, Mutual Funds, etc. are all financial services, which are considered to be the backbone of the economy. Today technology from customer service chatbots to software robot bankers, disruptive digital technologies like artificial intelligence (AI), robotics, and blockchain are changing the financial services industry. Hybrid Cloud, Blockchain, Data…
The world of work is changing. Artificial intelligence and automation will make this shift as significant as the mechanization in prior generations of agriculture and manufacturing. While some jobs will be lost, and many others created, almost all will change. Reports point out that while the pace of technology adoption is expected to remain unabated…
In the past years, the COVID-19 crisis has made clear the business imperative of making technology-driven changes, which are more ubiquitous now than ever. Various reports and research of top global thinktanks on technology and the business suggests that organizations worldwide are reporting progress on their integration of technology and business—and that these efforts were creating tangible business value across four measures, including new revenue streams and lower costs. The results also suggest that, on average, some transformation activities result in more impact than others (namely, those related to talent and capabilities). And according to the data, the companies with top-performing IT organizations have differentiated themselves from others in their efforts to create value, adopt new technologies, and bring technology and business closer together.
Annual IT Strategy Survey of Mckinsey has pointed out Seven lessons on how technology transformations can deliver value. These are extremely relevant for any management student
- Technology investments are creating significant business value
- People-focused plays result in the most value
- Talent remains the holy grail of technology transformations—valuable to pursue but difficult to execute
- The talent challenge has clear implications for sourcing
- No silver bullets—the top performers execute more transformation plays than others
- The broader use of advanced technologies supports greater value creation
- Bridging the business-technology chasm is critical to outperformance
Check full survey report