In December 2019, in the city of Wuhan, China, the first case of a new viral disease was detected. The virus that caused this disease was named as SARS-CoV-2. In the months that followed, this invisible, ultramicroscopic virus not only changed the business landscape of the world, but also left an indelible footprint on the history of mankind. Everything that we think or do today is with reference to the Covid-19 pandemic this virus subsequently started. Clearly, the world has been divided into ‘World-before-Covid’ and ‘World-after-Covid’. Covid-19 has posed some new and unforeseen challenges in front of the management students. Technology has attained a new level of importance in terms of employability skills. Internet has become an inseparable part of business. Artificial intelligence, Machine Learning, Internet of Things are some of the technologies here to stay. The world is also getting ready for Industry 4.0.
Businesses have changed their ways of functioning. While the word economy is limping back to normal, remote and digital working is an integral part of the new normal. The ways in which products and services are built, delivered and consumed by the end users have also changed. All of us have to learn to work under extremely uncertain conditions. This also calls for a fresh look at our work-life balance.
All this demands resilience of the body and mind. We also need to exhibit agility and spirit of collaboration. Decisions need to be taken by analysis of complex and dynamic data. Teamwork and inclusive leadership is the need of the hour.
Thus, while we consolidate ourselves and gear up for the ‘new normal’, we should aim at bridging the skill gaps that would enable us to become a better employee and entrepreneur. We should also try to find out opportunities in the new world. Healthcare Management, Education, Entrepreneurship, Hospitality and Facility Management, Lifestyle Management, Logistics and Supply Chain Management are some of the areas that would gain more importance in the days to come.
We, at CDGIMS are committed to offer best quality management education to enable our students face the challenges of the new world. We are also keen on imparting and reinforcing the basic human values among our students which are an integral part of our rich heritage and culture.
I wish all of you a great time ahead at CDGIMS.
Dr. Dilip Puranik