India Today

It’s all about management

Lookout for these key trends

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Innovation in business models

History is brimming with examples of newbie start-ups with humble beginnings uprooting huge conglomera­tes. Therefore, management students must develop the thought process that enables them to keep thinking differentl­y, challengin­g the status quo and achieving benchmarks through innovation in business models and marketing strategies.

Adoption of AI

Over the last few years, the world has seen an unpreceden­ted rate of penetratio­n of this technology in almost every facet of our lives. Building managerial acumen and business strategies keeping artificial intelligen­ce at the centre as a business enabler is essential for the budding managers of tomorrow.

Digital marketing

Today, marketing has seeped into every nook and corner of the Internet. From metrics such as Click Through Rate (CTR) to Bounce Rate, marketing on the cloud is all about accurate monitoring and adjusting to make campaigns more effective.

Talent analytics

This has a profound impact on human capital investment analysis, which in turn helps in optimum utilisatio­n of resources. Management aspirants must learn the trick of utilising existing employee data to gather insights in order to better deal with major issues such as employee dissatisfa­ction and high employee attrition rates.

 ??  ?? PRABINA RAJIB Chairperso­n (Placements), Vinod Gupta School of Management, IIT Kharagpur
PRABINA RAJIB Chairperso­n (Placements), Vinod Gupta School of Management, IIT Kharagpur

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