Journal of Technology Management for Growing Economies
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Managing in a VUCA World: Possibilities and Pitfalls
Get PDFThe world in which we live is over brimming with chaos and turbulence. Unpredictability has become the order of the day. Everything around us seems to be in a state of continuous flux. We are trapped in the vortex of an unending cyclone of change. The very existence of humankind is in a state of dynamic equilibrium, so to say. We as a species are striving and struggling to survive in a world that can at best be summarily described by a four-letter acronym called VUCA (Volatile, Uncertain, Complex, Ambiguous). The world in general and the corporate world in particular needs to thinks about devising concrete strategies to overcome the challenges offered by these four dominant characteristic waves sweeping the environment. The paper aims to understand the volatility, uncertainty, complexity and ambiguity inherent in the environment in detail, to analyse the challenges offered by them and to finally explore the solutions to overcome these challenges
Understanding Current Trends on Internet of Things - An Overview
Get PDFInternet of Things (IoT) is the concept of providing automation by adding some level of digital intelligence to physical devices. It relates to the activities of data sharing, data controlling and automation among billions of physical devices around the world. Lower price of processor, wireless network and inexpensive technologies result in turning any object into the part of internet. Smart environment equipped with sensors provide automation in interrelated computing devices, machines, animals and human resources. Data collected from different smart devices is being interpreted by different researchers for analyzing in order to make better business decisions. This review paper has shown experimental research on the Internet of Things published since 2013. We summarize different applications of IoT in various fields and highlighted various issues related to different factors of IoT enabled devices
Investment Attitude of Working Women: A Study of Education Sector in Punjab
Get PDFInvestment is important for improving productivity and increasing the competitiveness of an economy. The present paper is an attempt to explore the factors influencing the investment attitude of women working in the education sector in the Punjab State in India. Even though, general profile of women investors is changing in tune with time, but they are insulating in various spheres of investment such as awareness and preference of investment. Today, the role of women has changed from “Savers to Investors”. Factor Analytical results revealed that women investors prefer to invest in risk free securities. The level of financial knowledge also influences their investment attitude. The present study reveals the factors namely; secure investment avenues, financial literacy, stock market investment and post office schemes, bank deposits, physical assets, risk taking ability and concern for financial matters that are important to women working in education sector
Redesigning Human Resource Management System through Cloud Computing: A Strategic Approach
Get PDFCloud computing is enabling human resource (HR) management functions to strategically integrate into business operations. Its acting as a game changer for HR amid intense competition to survive and grow. Digital disruption, transformation, agility has set the new benchmarks for organizations to automate and redesign their functions. Cloud Computing offers HR a completely new dimension with cloud centric benefits like reduction in communication gap, increased organizational excellence, effective talent strategies, data driven decision making, and supporting revenue in organizations. Cloud Computing has the right capability to redesign major HR functions with agility to match the changing requirements of business, automating transactional activities, smarter decision making and meeting the business expectations. Use of HR cloud in organization can result into structural benefits beyond technological advancements. Cloud HR gives organizations flexibility of location, prompt information processing, effective use of data analytics and strategic decision making. This paper discusses ways through which cloud computing could be integrated into HR functions. An analysis on applications of cloud computing in human resource areas with their outcomes is also presented in this paper. A brief note on future prospects of cloud computing in HRM is also discussed
Climate Change: A Paradigm Shift for Investments?
Get PDFContinuing with work of Rathee and Kapil (2013) on assessing the paradigm shift for investments due to climate change, this paper presents a review of the climate economics to add to the precious work on climate science. In its various sections the paper presents the economic treatment of climate problem as a market-failure from the perspectives of externalities and cost benefit analysis and reveals the dimensions of marginal abatement costs, and inter-generational equity. An assessment of likely total economic costs incurred due to climate change is presented to understand the scale of asset-value loss and economic risks faced by investors. We thereupon also investigate the various economic instruments that have been proposed by economists and implemented in policy for adaptation to and mitigation of climate change activity. In the penultimate section, a discussion is presented on challenges and opportunities for private investors in light of the climate economics revealed earlier in the paper. This research will add further to the work presented earlier in the series and adds another perspective of interdisciplinary dimension to the benefit of climate and economic researchers. For further action, the future researcher can build on this collective work to investigate for evidence on investable financial instruments that provide opportunities to allocate capital in the climate adaptation and mitigation related sectors
Intercloud Resource Discovery: A Future Perspective using Blockchain Technology
Get PDFIntercloud is a single logical entity orchestrating resources from different individual clouds providing on-demand resource provisioning in a seamless manner. However, achieving efficient resource discovery in the intercloud environment remains a challenging task owing to the heterogeneity of resources and diversity of cloud platforms. The paper briefs about intercloud resource discovery, outlines the current work done using existing approaches and examines the challenges involved. Finally, the paper explains the concept of blockchain and presents an innovative conceptual model for efficient resource discovery in intercloud
Branding in the Online Space: The Emerging Frontier of New-Age Marketing
Get PDFTechnology is proving to be both an enabler and a disabler as far as meaningful and effective brand experience is concerned. As humankind continues to march towards an elusive and illusive utopia of technological advancement, the personal touch of the brand experience is fast becoming a thing of the past. While it cannot be denied that the modern methods of marketing are leaving no stone unturned in ‘connecting’ with the customer, but, ironically enough, it is the ‘customer connect’ itself, which is getting lost in the process. Modern marketing, in general, and its digital avatar, in particular, are creating what can be called an ‘imaginary intimacy’ with the customer. The poor Alice-like customer is being led into a Wonderland of false promises. The clueless customer is being hoodwinked into believing that the gadget on his palm or his lap or his desk is the repository of remedies for all maladies. The biggest demerit of the digital revolution in marketing is that it has reduced consumer behaviour to a set of split-second reflex actions. The ‘thinking consumer’ is an endangered species now. This is a casualty of phenomenal proportions, which the marketer will realize to his detriment in the long run
Modeling Consumer Price Index: An Empirical Analysis Using Expert Modeler
Get PDFConsumer price index (CPI) a popular economic indicator for India that represents the prices paid by customers for goods and services consumedby them.CPI is often used as an economic indicator that reflects the change in prices of goods and services over a period of time. In this work an attempt has been made to develop a forecasting model for India’s CPI for the period of May to December 2018. The data used in this work is the all-India CPI data for the period January 2013 - April 2018. SPSS Expert Modeler method has been used to fit the models and analyzing the data
A Study on factors influencing Consumers Behavior while availing Hospitality services
Get PDFConsumer behavior (CB) involves acts, attitudes, ideas or experiences that fulfill the patron's wishes and expectations (Solomon, 1996). This involves all activities that are directly involved in the acquisition, use and disposal of products and services, including the preceding and related decision-making processes. ' (Engel, Blackwell, & Miniard, 1995). When hospitality services are found and used, certain factors influence the decision-making process.
The paper is predicated on a close review of studies coping with the hospitality business, for this purpose numerous analysis papers, websites and books area unit consulted for a close literature review and also the vital gaps area unit determined within the studies on the idea of that the researcher is developed the analysis downside, made hypothesis and chalked out an appropriate analysis, sampling style and hypothesis. Delhi is taken as sampling of analysis and every one the people higher than fifteen years aged were taken because the population of analysis. Sample size was calculated statistically and was more divided in 2 elements as a result of study is administrated on the idea of gender. The sampling was done proportionately from all the zones of Delhi. Data was taken from primary in addition as secondary sources. Paper analyzes consumer awareness of the hospitality industry's Marketing mix policies. Study can so assist the welcome business to draw and customize their policies. The present analysis is administrated from the view of the buyer
The Role of a Responsible Global Citizen (Gitizen) in the 21st Century: The Need, the Challenges and the Future
Get PDFUNESCO promoted global citizenship (gitizenship) since the launch of the UN Secretary-General’s Global Education First Initiative (GEFI) on August 22nd2012, which made fostering global citizenship one of its three priorities. This is a pedagogical guidance on global citizenship with 3 major outcomes: Education,Defense and Trade. (Taylor, 1997). It is the prerogative of the international community to clarify the conceptual underpinnings of global citizenship and providepolicy and programmatic directions, this paper which is to a large extent conceptual and directive in nature has been developed in response after deeply studying the needs and demands of and on integrating global citizenship in most of the active countries in the world. It presents suggestions for translating global citizenship education concepts into practical and age specific topics learning objectives in a way that follows principles of adaptation in local contexts.It is intended as a resource for educators, curriculum developers, trainers as well as policy-makers, but it will also be useful for other education stakeholders working in non-formal and informal settings. Global citizenship encompasses a sense of belonging to whole humanity and common mankind. It emphasizes political, economic, social and cultural interdependency and interconnectedness between the local, the national and the global. Growing interest in global citizenship has resulted in an increased attention towards global dimension of citizenship, education, policy, curricula, teaching and learningThey can serve as the basis for defining global citizenship goals, learning objectives and competencies, as well as priorities for assessing and evaluating learning. These core conceptual dimensions are based on three domains of learning: cognitive, socio-emotional intelligence and global citizenship education (Freud, 1905)