SP Jain in the News

People all over the world still remember the hardships that they faced during the Covid-19 pandemic. This was the biggest disruption mankind faced in the recent past.

Topics: Thought Leadership

In the increasingly complex and competitive business landscape, compassionate leadership is emerging as a transformative force. Contrary to traditional views that equate compassion with softness or inefficiency, evidence highlights the profound impact of compassion on effective leadership.

Topics: Thought Leadership

Prior to COVID, the global economy was fairly “global”, i.e., countries, markets, customers, and value chains were reasonably interconnected. However, post-COVID, the world is experiencing unprecedented turbulence in the macro business environment showing major trends of deglobalisation. Every company, regardless of size, sector, product/service offering, markets it is present in, is needed to reconsider its business model. Current challenges to overcome for ensuring survival and profitable growth include:

Topics: Thought Leadership

The Executive MBA (EMBA) journey spans 18 months and is known for its rigorous demands.  Despite its challenges, it presents a remarkable opportunity for growth and achievement. Setting clear goals and envisioning the ultimate outcome is vital when embarking on this journey. By creating a one-page plan that reflects the purpose and objectives of the EMBA program, you will stay focused and motivated throughout the journey. This roadmap serves as a guiding light, reminding you of your goals and keeping you on track toward success. Embrace this journey with enthusiasm and determination, knowing that each step forward brings you closer to your aspirations.

Topics: Thought Leadership

A commonly asked question these days is, ‘What is machine learning in data science?’
To answer this question, let us first understand what data science is.
Data science is a broad field that encompasses data collection, data processing, data analytics, and data modelling. 

Topics: Thought Leadership

Bush fires in Australia, Floods in China and India, and heatwaves in the US are all incidents that have occurred during 2023 alone, with one common theme binding them, which is that these are impacting a planet which is getting enveloped by a potential climate catastrophe owing to global warming & climate change.

Topics: Thought Leadership

The modern business landscape is ever-fast-evolving, driven by rapid technological advancements and globalisation. For seasoned working professionals aspiring to ascend the corporate ladder, continuing education is more crucial than ever. One such pivotal educational route is the Executive MBA (EMBA). Here’s how an EMBA can be the catalyst in your career trajectory.

Topics: Thought Leadership

The education landscape is undergoing a profound transformation thanks to the proliferation of AI assistants. With statistics projecting the presence of 8.4 billion AI assistants by 2024 and the global AI in education market expected to reach $10 billion by 2027 with a 25% CAGR, Artificial Intelligence is becoming an integral part of the educational ecosystem.

Topics: Thought Leadership

Topics: Thought Leadership

Topics: Thought Leadership

Topics: Careers, Thought Leadership, Alumni Stories, SP Jain EMBA

Topics: Thought Leadership

Topics: Thought Leadership

At SP Jain, we believe that the skills you gain in your classroom are of little value unless you know how to apply them in the real world. Internships and live industry projects not only enhance classroom learning, but also allow students to test out their interests and develop long-term career plans. This is one of the main reasons why all the students of SP Jain’s Master of Global Luxury Management (MGLuxM) take up a mandatory 2-month internship or live project towards the end of their program, graduating with in-depth knowledge and expertise about the luxury industry.

Topics: Careers, Luxury Management, Thought Leadership

As the prelude to my series (Who Are You Post Covid-19 ? Rama Or Ravana : Winner Or Warrior) of 7 articles (1 -7 starting with Retrospective History) mentioned earlier, let us start to look at some of the great management frameworks followed globally that definitely need Re-think & Re-set considering the ongoing uncertain times & far more challenging times to come ahead for future generations.

Topics: Thought Leadership

Luxury brands are all about their heritage, quality craftsmanship, finesse and most importantly possess an air of exclusivity. For decades now these brands have thrived on their prestige and have been extra conscious of the fact that their narrative and storytelling is controlled and guided by them, especially when it comes to marketing. So how is that this scenario has taken a complete U-turn? And why are these brands now consciously entering into this new age of influencer marketing?

Topics: Luxury Management, Thought Leadership, Articles

“I am a mother, I have a hole in my CV, I will never get a job.” I have heard this statement so many times in my life, and honestly, I could not disagree with it more. Today, I am sharing an extraordinary story that teaches a lot on how to handle this highly common situation that even you might be facing currently.

Topics: Thought Leadership

Over the past decade, the business environment of organisations around the globe has been changing at a pace that has never been seen before. How well are the world’s top universities adapting to this change, i.e., helping the organisations cope better?

Topics: Faculty, Thought Leadership, Articles

As a budding retail strategy planner, the Retail Summit was exactly the place I wanted to be at! Meeting and greeting CEOs of renowned companies, gaining knowledge about the current global market scenarios and innovative business ideas gave me an insight about what the biggest companies in the world are thriving to achieve and what our focus, as young entrepreneurs, should be!

Topics: Dubai Campus, Marketing, Thought Leadership, Student Life & Experiences, Disruptive Technologies

A lot has already been said about Blockchain, the technology at the heart of bitcoin, and its potential to transform the world. The most cutting-edge technology today, blockchain has already attracted high attention, and is rumored to be bigger than even the internet.

Topics: Alumni, SP Jain School of Global Management, Thought Leadership, Articles, Disruptive Technologies

Ever since the 2016 presidential elections in the USA, the role of social media in influencing voter choices has become a hot topic across the globe. The recently released Mueller Report clearly holds Russia responsible for manipulating US voters through the extensive use of social media, like Facebook and Google, thereby ensuring the victory of Donald Trump over Hillary Clinton, who was the frontrunner in the race.

Topics: Faculty, Thought Leadership

‘Domain study’ is the latest value addition to the Luxury Management Program.  So what exactly is Domain Study? We have identified four main domains in the luxury space that is Fashion & Beauty, Automobiles, Jewellery, and the Hospitality sector. We invite experts from the luxury industries who share their thoughts and equip our students with all the knowledge and skillsets required to foray into the industry of their choice.

Topics: Luxury Management, Mumbai Campus, Thought Leadership, Student Life & Experiences

Today, Blockchain has emerged as a harbinger to the financial sector for its digital transformation. As a crypto technology, it started off by enabling the most-buzzed about virtual currency, i.e. Bitcoin. However, it is now expanding its range to other sectors as well, such as energy and energy-related sectors. For example, industrial, transportation, and residential.

Topics: Thought Leadership, Articles, Disruptive Technologies

Gender disparity has existed in many aspects of life, including recruitment in the technology and computer sciences sector, with only about 20% of tech jobs being held by women as reported by Small Business Trends. Here’s an exclusive interview with Dr. Shalini Chandra who is the Assistant Professor (Undergraduate) at SP Jain School of Global Management (SP Jain Global). She has successfully pursued IT in her field of further education and career – teaching Computer Skills at SP Jain Global.

Topics: Thought Leadership

CAN A ROBOT TAKE MY JOB? Yes, there is no doubt automation destroys jobs. However, job losses are temporary. Indeed, temporary job losses often result from innovation. It is only natural to anticipate layoffs when new technology is introduced but the good news is that jobs that remain are often better paid and new better jobs are created. Robots and AI are changing completely the way companies compete in the market, the way they produce and how they approach different clients.

Topics: Thought Leadership

Dr Rajiv Aserkar, Professor & Head of Logistics and Supply Chain at SP Jain on  managing these challenges with technology.

Topics: Thought Leadership, Supply Chain & Logistics, Disruptive Technologies

Dr CJ Meadows, Director of the Innovation & Insight Centre, SP Jain lends expertise on the workforce of tomorrow.

Topics: Thought Leadership, Articles, Disruptive Technologies

Various softwares and the internet have already become an intrinsic part of our lives, while others, like AI and Virtual Reality, will soon be ubiquitous

Topics: Thought Leadership

With the advent of Data Science, retail brands are exponentially resorting to the volume, variety, velocity, and value of the big data every year. Major players in the retail sector are aware that each one of these factors contributes to generating profits. They are now increasingly relying on information like consumer behaviour and preferences to notify, examine, and devise their strategies.

Topics: Thought Leadership, Big Data & Visual Analytics, Disruptive Technologies

With the job market rewarding specialisation, a one-size-fits-all MBA may no longer be enough. While the classic specialisations in Marketing, Finance, HR, IT, and others are still useful, they won’t necessarily make you stand out from the crowd.

Topics: Thought Leadership

The increasing pace of financial services is now responded by the industry’s necessity to upgrade. This has driven the experts to deduce that the finance, in today’s scenario, acts more as a facilitator than the purveyor of financial products and services. In such scenario, the amalgamation of Finance and Technology (FinTech) is the hottest sector to be in, thanks to enabling technologies like Blockchain, API, Big data analytics, AI/ML and Internet of Things. Of these, Blockchain holds the biggest promise.

Topics: Thought Leadership, Finance & Economics, Disruptive Technologies

Right from tracking assets and inventory to conducting audits and payments, blockchain technology is driving supply chain with more efficiency. Several aspects of the supply chain can be enhanced as blockchain ensures traceability, transparency, and less administrative costs. The analog gaps that are generally present within the systems and across the boundaries of an enterprise can be effortlessly eliminated. Companies can now easily reestablish their approach to an integrated global perspective.

Topics: Thought Leadership

“Our Superstar – The Drone Cam” exclaimed New Zealand’s former cricketer Danny Morrison when the broadcast team cut to the drone camera during the RCB vs MI game in Bengaluru.

Topics: Thought Leadership

Decision-Making is a vital element for any organization. Ranging from the employees placed in the bottom-level hierarchy to the top brass, many critical decisions are made daily.

Topics: Thought Leadership

Remember the tenacious match between Roger Federer and Rafael Nadal at Wimbledon in 2008? Tennis fans caused a massive surge in electricity demand after Nadal took the Wimbledon title because they were glued to their seats during the epic match. The match was so intense that there were many deuce court serves, crisp baseline shots, elegant backhand shots, belligerent forehand winners and many claims for hawk-eye projections. So, the moments were dreadful for the line umpires. Weren’t they? Both players played at their best levels, yet Nadal proved too good for Federer. After the match, Federer and his coach wanted to perform the SWOT analysis. Hence, it is important to analyse the data diligently. This scenario is relevant not only for Federer but also for all the Professional Tennis players and their respective coaches.

Topics: Thought Leadership

As we move towards the age of Artificial Intelligence, the need to develop our emotional competencies becomes stronger. Most of our challenges, personal or professional, are a result of our inability to recognise and manage our emotions, causing internal and external conflicts, eventually taking our focus and productivity away.

Topics: Thought Leadership

In this digital era, time has abridged so much! No one talks about years, months or days now – it is more about hours, minutes and seconds. The customer wants the services or products to be provisioned immediately at their fingertips seamlessly. Digital transformation is bringing disruption at every level. The old IT service management models are no longer relevant in this digital era.

Topics: Digital Marketing, Marketing, Thought Leadership, Disruptive Technologies

There will be other anxieties about machine learning in 2018. The BPO industry will feel the impact of chatbot deployment, and the initial impact from autonomous vehicles on the trucking industry may also begin to be felt in 2018.

Topics: Admissions, Thought Leadership, Disruptive Technologies

The geek has inherited the earth and for good reason. As start-ups began mushrooming in the 21st century, we observed a new axis of power. The tribe of suits in 9 to 5 setups are slowly dwindling and hipsters in welding helmets, twirling wrenches, and calibrating callipers are rapidly creating a new normal. Where creativity and technology driven initiatives are cutting industry time by less than half with outputs in measures of double. And the technology that demonstrates this to the hilt – Drone Tech.

Topics: Thought Leadership

The last few days witnessed an unprecedented increase of around 45 per cent in Bitcoin’s value resulting in a 20x price hike in less than a year. While the rally, at least in part, can be attributed to the launch of bitcoin futures on Chicago Board Option Exchange, the cryptocurrency has created frictions in the global financial system from the very beginning.

Topics: Thought Leadership, Finance & Economics, Disruptive Technologies

Written by Hitesh Motwani, Visiting Faculty of Digital Marketing & Metrics at SP Jain School of Global Management.

Topics: Digital Marketing, SP Jain School of Global Management, Leadership & Entrepreneurship, Thought Leadership, Disruptive Technologies

The revolutionary impact of technology is about to be felt in education says Nitish Jain, owner of a Sydney management school that, in only 13 years, has an MBA degree which consistently scores highly in global rankings.

Topics: Thought Leadership

Written by Dr Debashis Guha, Director of Machine Learning Program at SP Jain School of Global Management.

Topics: Thought Leadership

Written by Ananthanarayanan Venkateswaran, Faculty of Digital Marketing & Metrics at SP Jain School of Global Management.

Topics: Thought Leadership

Written by Malav Karia; MGB (Master of Global Business – Contemporary Marketing Management) student. SP Jain School of Global Management – Class of 2017.

Topics: Digital Marketing, Marketing, Thought Leadership, Disruptive Technologies

Written by Ananthanarayanan Venkateswaran, Faculty of Digital Marketing & Metrics at SP Jain School of Global Management.

Topics: Thought Leadership

If someone had told me about 10 years ago when I graduated from my engineering course that I would never have to pick up my phone and talk to another person at the other end of a line to order food, I would have laughed. If someone had told me 5 years ago, that I could order clothes that I like through some web portal where I would have a Try as you Buy option, I would have laughed. If someone had told me 2 years ago, that cargo ships across the world can be controlled from a Star Trek like command and control center from any remote corner of the world, I would have guffawed.

Topics: Thought Leadership, Research & Case Studies, Supply Chain & Logistics

Written by Dr. Srini. R. Srinivasan, Associate Professor of Strategic Management & Marketing at SP Jain’s Digital Marketing & Metrics Program.

Topics: Digital Marketing, Faculty, SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

Written by Moloy Chakravorty, Professor of Principle & Practices of Marketing at SP Jain’s Digital Marketing & Metrics Program.

Topics: Digital Marketing, Thought Leadership, Disruptive Technologies

How Classical Bharatanatyam Taught Me Valuable Lessons in Pursuing My Career

Topics: Thought Leadership

The new India has more people taking risks, and even more people willing to facilitate the process of taking risks. Entrepreneurial India is abundant with angel investors and venture capitalists, who have now understood that India can also innovate. Today, India is innovating, like never before!

Topics: Leadership & Entrepreneurship, Thought Leadership

Written by Shivaji Sinha, Master of Global Business student. SP Jain School of Global Management – Class of 2018.

Topics: Digital Marketing, Luxury Management, Marketing, Thought Leadership, Disruptive Technologies

Written by Chahat Goenka, Master in Global Luxury Goods & Services Management (MGLuxM’17) student. SP Jain School of Global Management – Class of 2018.

Topics: Luxury Management, Mumbai Campus, SP Jain School of Global Management, Thought Leadership, Student Life & Experiences, Community

Topics: SP Jain School of Global Management, Global MBA, Leadership & Entrepreneurship, Thought Leadership

In the corporate world, we have an abundance of stress and uncertainty around.  Everyone is always in a mad-rush to prove themselves to be the best. It is normal, then, to feel lost in this maze. How does one reclaim the peace and calm in this ever-racing world?

Topics: SP Jain School of Global Management, Thought Leadership

The blockchain is an undeniably ingenious invention – the brainchild of a personor group of people known by the pseudonym, Satoshi Nakamoto. By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet.

Topics: SP Jain School of Global Management, Global MBA, Thought Leadership, Supply Chain & Logistics, Disruptive Technologies

Sports is a world of its own. It brings out the ‘human’ in us — the unquenchable drive, high aspirations to do better than the best, competitive spirit, constant need for practice, innovation, risks, and so much more. It’s a tough world layered with its own share of insecurities and politics.

Topics: Thought Leadership

The November of the year 2010 was a month of anticipation, excitement and nerves. I was to embark on journey that I had envisioned for myself for a long time— pursuing an MBA degree with one of the world’s leading business school. Little did I know that all the qualms and reservations that I hosted were going to be transformed into an experience of a lifetime, making me into a completely different person.

Topics: Alumni, Thought Leadership, Community, Alumni Stories

Topics: Thought Leadership

Written by Gleffany Pispis, Master of Global Business (MGB) student. SP Jain School of Global Management – Class of 2015.

Topics: Global Learning at SP Jain, SP Jain School of Global Management, Thought Leadership, Finance & Economics

Written by Adnan Yahya, Master of Global Business (MGB) student. SP Jain School of Global Management – Class of 2015.

Topics: Global Learning at SP Jain, Thought Leadership

“There are only three sports: bullfighting, motor racing, and mountaineering; all the rest are merely games.” – Ernest Hemingway

Topics: Dubai Campus, SP Jain School of Global Management, Leadership & Entrepreneurship, Thought Leadership

A growing number of consumers are using smartphones as their primary means of online access today. The digital model that used to take the desktop as the center stage from search engine to social media, video, is now taken over by the mobile platform.

Topics: Digital Marketing, SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

The backdrop provided a picturesque setting. The ninth-floor conference hall provided a panoramic view of the Mumbai backwaters. The fragrance of lavender wafted through the hall and ably complemented the aroma of the steaming coffee provided; the ambience was stimulating and refreshing, though nine in the morning might have been too early to discuss the hackneyed issues that were on the agenda. Mr. Rahul, Managing Director of one of the leading Indian corporate giants, was keen to take the previous evening’s unsettled debate to a logical end. “So what do you say, Mr. Bose, still confident about your proposal?”, remarked Mr. Rahul.

Topics: Faculty, SP Jain School of Global Management, Thought Leadership

What is Neuroscience?

Reactions occur in a fraction of seconds. The brain functions and responds to the stimuli even before one consciously has the time to comprehend what happens. The cortex allows you to speak fluently and coherently, to plan for what you are going to say next, to focus your thoughts, to calm you nerves, and to respond to questions. Most of that is going on beyond awareness.

Topics: Sydney Campus, Innovation at SP Jain, SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

In many occupations, there are mandatory professional development requirements. Practitioners have to satisfy accreditation boards in terms of their self-education with respect to prescribed hours of attendance at seminars, workshops and conferences or completing on-line modules of study and various formal or internet exams. Others, for whom there are no prescribed hours of further study, are motivated and interested in ‘lifelong learning’ which has been defined as the ongoing, voluntary, and self-motivated pursuit of knowledge for either personal or professional reasons. However, what has been little studied is the extra out-of-class self-directed learning that takes place while students are formally enrolled in a full-time university course.

Topics: Faculty, SP Jain School of Global Management, Thought Leadership

With India’s continuous shift towards digitalisation of payment transactions, cybercrime has become more and more lucrative for cybercriminals. If the magnitude and multitude of data breaches reported worldwide in the recent past is any indication, India has a lot to be concerned about. It is reported that cybercrime is projected to reach $2 billion by 2019, which is a four-fold increase in the cost of security breaches over 2015. Likewise, during the last year, unknown malware downloads rose by over 900%, with more than 970 downloads per hour compared to 106 in the previous year.

Topics: SP Jain School of Global Management, Thought Leadership, Finance & Economics, Disruptive Technologies

Total advertising spending in the US is on an ever-increasing curve. In 2014 American businesses spent over B$180.12 (Emarketer, 2015). Globally in 2015 over B$540 billion was spent on advertising, a 4.6% increase over 2014 (Adage, 2015) with the general public being exposed to an increasing number of the ad. In 1985 the urban American would see around 2,000 ads per day with this number shooting up to 5,000 ads per day in 2016 (NY Times, 2015). Yet out of a sample of 350 ads watched per day only 153 ads would receive attention for more than a few seconds (SJ insight, 2014). Measuring advertising effectiveness has always been the greatest challenge of marketing and advertising professionals. There are two main methods for measuring advertising effectiveness: One focuses on measuring indicative marketing metrics such as awareness, preference, customer satisfaction, loyalty, and the other focuses on measurement of tangible marketing metrics such as sales, market share, profits, return on investment, cash flow, firm value. The complexity of measuring advertising effectiveness increases if the variable “emotion” is introduced. An emotional message in advertisements increases the audience attention toward the ad and product, boost product attractiveness, and generates a higher level of brand recall and various research have found that that emotion is a predictor of advertising effectiveness. There are various methods to evaluate emotion in advertising research. The emotional response can either be measured using self-report or autonomic measure. The visual self-report requires the respondent to choose a cartoon character matching his or her emotional state, while in verbal self-report respondents answer an open-ended question or rate their emotional state on a Likert-type scale. Self-reports usually capture the conscious state of the individual while the autonomic capture the body’s reactions. Body’s reactions such as heart rate fluctuation, or variation in skin acidity are most of the time beyond the conscious control of the individual while self-report or surveys suffer from heavy bias, for example, the Theory of Social Desirability posit that interviewees will tend to avoid socially unacceptable responses or will tend to provide answers which he or she perceives to be matching the value system of the interviewer. SPJAIN Neuroscience lab uses noninvasive facial recognition software to investigate the potential link between emotion and advertising effectiveness. Facial muscle involved in expressions are linked to the cerebral cortex through the corticobulbar track and reflect the activation of the brain’s amygdala region which is responsible for all potential value of all facial expression. In this research we uses GFK-EMO Scan, facial recognition software developed by Munich based Franhofer institute. GFK-EMO can record over 20 frames per second enabling an accurate measure of real-time emotional responses. Two safe driving ads from the UK were shown to a group of 60 participants and their emotional reaction were recorded. Both ads convey the same message about the danger of speed and road safety. While one ad used a highly affective message strategy, the other ad relies mostly on rational strategy. The high emotional video presents a dramatic car accident with casualties, and convey a high level of negative emotions including grief, fear, and shock. The low emotional ad delivers scientific facts about the danger of speed. Right after watching the ads and two weeks after watching the ads the students were requested to answer a survey adapted from the National Survey of Speeding Attitudes and Behavior (NSSAB).

Topics: SP Jain School of Global Management, Thought Leadership, Research & Case Studies, Disruptive Technologies

With demonetization and the predominant shift towards digital transactions, people are likely to be FORCED to move online for many e-transactions. According to RBI, the percentage of Internet Banking transactions in banks rose from 75% in 2014-15 to over 85% in 2015-16. An article in the Times of India dated 16th January 2016 states that India is ready for a 4-time jump in digital payments. With the economy moving to cashless, people are increasingly exploring payment alternatives such as UPI, e-wallets, and USSD based mobile banking through different platforms, which are directly or indirectly linked to the user’s bank account.

Topics: SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

The stage is set for the International Consumer Electronics Show (CES) at Las Vegas, the world’s gathering place for all who thrive on the business of consumer technologies, from January 5th to January 8th, 2017. Virtual Reality (VR) is going to be a prominent show stopper and attraction for individuals, corporates, consumers, and developers. In VR, it is the show floor where the business is done. The ‘virtual’ developments can only be realised when the real thing is shown and projected in the respective head mounted devices, 360 degree domes and screens. At such places, people gather to find the new leap in the VR hardware and software capabilities.

Topics: Virtual Reality, SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

Most people have grown up listening to the story of the hare and turtle. It is a fable about a race between two animals who could not have been more mismatched in terms of speed and agility – on one side is a hare which is renowned for being lightning quick on its feet, and on the other side is a turtle, a animal that has the unfortunate distinction of being the slowest animal on four feet.

Topics: Global Family Managed Business, Faculty, SP Jain School of Global Management, Thought Leadership

A young man, not very interested in the ‘boring, traditional’ family business, decided to strike out on his own and take up a job in a trendy tech company. Now his reasoning was that he would earn only around 25 thousand here, but at least he would be part of a trendy corporate culture, and hang out with the ‘cool’ crowd. So he started work, and with the first salary he got, decided to take his entire family out to dinner. His father had painstakingly built up the family business, and had been dreaming of passing it on to his son, dreams which were now dashed. Nevertheless, he put on a smile and went along, seeing how proud his son was to be taking out his family for a treat, with money that he and he alone had earned.

Topics: Global Family Managed Business, Faculty, SP Jain School of Global Management, Thought Leadership

One of the constant refrains we get to hear from heads of business families nowadays is that there is no ‘fun’ in the business anymore. These gentlemen, typically in their late 40s or 50s, talk nostalgically about the ‘good old days’ when there was easy money, fun, excitement, and a sense of adventure in doing business, which is just not there anymore. Now what do they mean when they say this? They are actually referring to all the problems they are facing in running their business, whether it is ‘recession’, not getting good employees, or clients not paying up on time etc.

Topics: Global Family Managed Business, Faculty, SP Jain School of Global Management, Thought Leadership

One of the hottest current trends in the world of Artificial Intelligence and Machine Learning is “chatbots”. These are software entities that can carry on a conversation with a human, using voice or text. An article published in The Economist last April suggests that a marketplace for bots may soon overtake app stores as the fastest growing software segment.

Topics: Thought Leadership, Disruptive Technologies

In these times when ‘crony capitalism’ and ‘suit boot ki sarkar’ are terms that are easily bandied about, it is a common perception that business is all about greed, and businessmen are a selfish lot, looting the rest of us to fill their own coffers. I beg to differ. I contend that business is as noble an endeavour as any, and is, in fact, social work. Let me illustrate my point with a story.

Topics: Global Family Managed Business, Faculty, SP Jain School of Global Management, Thought Leadership

One very important parameter of negotiation is psychology. Whenever two sides negotiate, it is never two individuals, and never two organizations, but always two psychologies. The psychological mindset of an individual is extremely important in a negotiation.

Topics: Global Family Managed Business, Faculty, Thought Leadership

Why are Venture Capitalists (VC) bullish and heavily investing in Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR) technologies? We can easily wind-up discussing this with just one case: we have all ‘heard’ of the Magic Leap that raised a staggering amount nearing $1.4 billion from some of the world’s biggest companies and well known venture firms. What is this technology? Why is its product in beta nowhere to be seen? The Wired Magazine called them ‘The World’s Most Secretive Start-Up’ in ‘The Untold Story of Magic Leap’. We can hardly guess the valuation of the company which is still doing R&D for their first product, launch of which, as some critics claim, is nowhere near. But the valuation is leading to a staggering $4.5 billion at the least.

Topics: Virtual Reality, SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

One of the biggest confusing words, along with Negotiation, is Bargaining. Some authors have defined bargaining as being synonymous with negotiation. However, I always tell my GFMB class at SP Jain how bargaining is very different from negotiation.

Topics: Global Family Managed Business, SP Jain School of Global Management, Thought Leadership

As a negotiator, I am sure you would have always thought that the outcome of every deal should be in your favour. Well, there is nothing wrong to think that way, but there is a gap between expectation and reality.

Topics: Global Family Managed Business, SP Jain School of Global Management, Thought Leadership

We spoke to Dr. Debashis Guha, Director of Machine Learning Program about recent industry trends. Here are some excerpts of Machine Learning from the interview –

Topics: Thought Leadership, Disruptive Technologies

In a business to consumer (B2C), negotiation is very different from marketing and selling. The primary difference is that Marketing is about making people aware of the product, services, or business, whereas Selling is to convince the other person to buy your product or service. Negotiation normally succeeds selling, because once a customer has agreed to buy the product or service, then issues about price, payment terms, delivery, quantity, and others will surface, which are negotiable.

Topics: Global Family Managed Business, SP Jain School of Global Management, Thought Leadership

Innovation is no longer the prive of Silicon Valley. Indian industry is the cynosure of all eyes when it comes to innovation.

Topics: SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

I just watched the YouTube video “Humans Need Not Apply.” After the initial let-down (boy do I feel useless – and apparently I soon will be), I had to stop & think. If 45% of human jobs will be replaced by bots (physical and virtual), and if that will happen in our lifetime — much more quickly than farm work was mechanized and craftsmen were replaced by factories — what should each of us do?

Topics: Faculty, SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

Machine Learning is one of the most important technologies of our era and it has already had substantial impact on our everyday lives, both in our homes and in our workplaces.

Topics: SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

The tech sector offers some of the best-paying jobs, no discussions here. Various research agencies bring out average yearly salaries data like these: Software Architect – $120,000; Data Scientist – $110,000; Software Engineer / Java Developer / Mobile Developer – $98,000; and so on. These surface researches that utilise data from job postings hardly reflect details behind the high paying tech jobs and related figures. Many roles are not purely technical but are grouped into technical roles listing. Companies are hiring pre-post sales engineers along with other IT workers at a frantic pace. Some of the high in-demand positions are related to Cybersecurity, R, Julia, Hadoop, Scrum Master, DevOps, SAP HANA, Cassandra, Cloudera, OpenStack, CloudStack, Oculus, Chef, Pig, MapReduce, Puppet, the list is endless. These new-age skills reflect the shift from large firm’s software to mobile devices, cloud computing, and remote servers hosting. There might be temporary intrinsic trends like a Hadoop skilled will get higher compensation than Java or an iOS developer gets higher salaries than an Android developer. These intrinsic trends are mere demand and supply impact over a short time period.

Topics: SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

How much sales lift is attributed to Amazon’s recommendation engine?

Topics: Marketing, Thought Leadership

1) Value Is the Deal
Differentiated and believable brand meaning – emotional, rational, functional, and experiential – becomes a more effective and profitable surrogate for value than low-lower-lowest pricing strategies. But only the consumer gets to say how “valuable” is actually defined. Employ effective systems to listen to them and then figure out ways to tune in the consumer’s frequency.

Topics: Digital Marketing, Thought Leadership

This study is part of a research project to understand & gain insights into the current trends pertaining to online vis-à-vis offline gorcery retailing and to identify room for improvement .This  paper is one of the first in a series of papers to be published from the Department of Digital Marketing & Metrics Professional PG programme.

Topics: Marketing, Thought Leadership, Research & Case Studies, Disruptive Technologies

I read a biography years ago (in the 80’s, perhaps) about a man named Stephen Hawking. To tell the truth, I don’t remember much about him beyond his illness — a rare early-onset form ofLou Gehrig’s disease — and the fact that he was a well-renown physicist famous for Chaos theory.

Topics: Faculty, SP Jain School of Global Management, Leadership & Entrepreneurship, Thought Leadership

Rapid advancements in the ICTs (Information and Communication Technologies) have propelled conspicuous industry-wide mega-trends during the last three decades. Most of these trends have led to the dissolution of legacy business models, affected pervasive business processes and functions, and have empowered customers and business stakeholders through a deep technology-headed disintermediation that was never seen before. Consequently, this has led to the emergence of various new ventures with novel business prepositions and at the same time has resulted in the demise of some prominent and ‘too big to fail’ business giants. The most imminent question, therefore, is how to envision, recognise and address the profound impacts of various emerging technologies and platforms.

Topics: Dubai Campus, SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

Economics primarily relates to making appropriate choices with respect to resource allocation using a cost benefit analysis. Managerial Economics therefore focuses on effective decision-making at the firm level with respect to price and output determination. It helps make better management decisions by providing a foundation to Business Strategy.

Topics: Thought Leadership

“We need to teach people to do things holistically. Part of the problem of education is who the suppliers are”, quips Louis Lataif (Former Manager – Ford & Dean – Boston University). Professor Lataif’s remark can hardly be doubted as a recent report by a team from the Association for the Advancement of Collegiate Schools of Business (AACSB) found a substantial gap between the real-world needs and management education in this era of globalisation.

Topics: Thought Leadership

The significance of business education today is demonstrated by the sizable impact business graduates create in the business world. Business organisations globally aspire to infuse talented, capable managers and decision-makers in their teams. For any b-school, therefore, it is essential to impart skills and capabilities that are required to manage the real-world situations and challenges effectively. Though easy to point out, this is the most critical element of business education today that prominent b-schools are attempting to address distinctively.

Topics: SP Jain School of Global Management, Leadership & Entrepreneurship, Thought Leadership

If you start reading this blog, I believe it is because you are an ambitious professional who cares about your leadership potential.

Topics: Executive MBA, Leadership & Entrepreneurship, Thought Leadership

What is critical thinking and how is it helping leaders make better decisions?

Topics: Sydney Campus, Singapore Campus, Dubai Campus, MBA in Dubai, SP Jain School of Global Management, Leadership & Entrepreneurship, Thought Leadership

On Friday, August 5, 2011, the world woke up to a reality that the USA had lost its credit rating of triple A. This means that the USA is no more the haven for investment it always was. The main reason for this credit rating downgrade was the politicking in Washington at the cost of the overall interest of the world in general and Americans in particular. The timing for this downgrading couldn’t have been worse. Europe was already in the midst of debt crisis with Greece, Portugal, and Ireland on the brink and seeking bailout packages from their EU partners; and Italy also looking very vulnerable. The tremors of these economic upheavals are now felt all over the world. Global stock markets and currency markets are on a swing with trillions of dollars lost in the stock markets and investors finding safety in investing in gold. We are indeed living in a world where the economic volatility in the one hemisphere is affecting governments, large investors, banks, MNCs and people all over the world.

Topics: Sydney Campus, Singapore Campus, Faculty, SP Jain School of Global Management, Global MBA, Thought Leadership

Steve Jobs resigned as the CEO of Apple and became Chairman – a move that was perhaps in the offing due to his illness. In his characteristic simple manner, he said “I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.”

Topics: Thought Leadership

We hear all the time that businesspeople must embrace globalisation in order to survive.  But where and how will they achieve this global mindset?  The logical answer lies in higher education.  After all, the whole purpose of education is to prepare for a career.  And if young people want a job in today’s increasingly competitive business environment, they need to think beyond the corner store down the road.  Is our educational system adequately addressing this crucial need?

Topics: Study Abroad, SP Jain School of Global Management, Thought Leadership, Community, Alumni Stories

Remember why you started your small business in the first place? If you’re like most entrepreneurs, it was because you wanted freedom – to be the master of your own time and most likely to make more money. You wanted to be happier and to do work that you loved.

Topics: Global Family Managed Business, Singapore Campus, Dubai Campus, SP Jain School of Global Management, Leadership & Entrepreneurship, Thought Leadership