IILM Notes 16th July 2020

Thursday 16th July ‘20

The current crisis can be an opportunity to build an equitable society by making right choices. In the post pandemic world, organizations and business schools will have to create new systems and processes to get adjusted to the new reality.

Economy and Business

Joseph E Stiglitz, Nobel laureate in economics, writes in the Guardian that well-directed public spending, particularly investments in the green transition, can be timely, labor-intensive and highly stimulative – delivering far more bang for the buck than, say, tax cuts.  Invest in the green economy and we'll recover from the Covid-19 crisis

Bill Gates in TED2020 talks about the best and the worst case scenarios for the coronavirus pandemic in the months ahead. How the pandemic will shape the near future

Management

With more generations and diversity in the workforce than ever before, leaders who want to build inclusive environments must take a closer look at how to make the daily imperative of performance coaching an experience for all. Brenda F. Wensil and Kathryn Heath in the Harvard Business Review write about how to deliver performance messaging in ways that it can be received effectively. Mentors, Stop Saying “I Understand”

As the pandemic begins to ease, many companies are planning a new combination of remote and on-site working, a hybrid virtual model in which some employees are on premises, while others work from home. While the new model promises greater access to talent, increased productivity for individuals and small teams, lower costs, more individual flexibility, and improved employee experiences, pandemic-style working from home may not translate easily to a “next normal” mix of on-site and remote working. Reimagining the postpandemic workforce

Consumers, especially Gen Z and millennials, have responded to the COVID-19 pandemic by altering their everyday behavior in many striking ways. How can marketers take advantage of this moment of disruption when consumer behaviors and loyalties are in flux and when new longer-term behaviors, loyalties, and spending preferences may emerge? How Marketers Can Win with Gen Z and Millennials Post-COVID-19

Higher Education

How can higher education institutes bridge the rapidly growing skills mismatch across the globe of people having competencies misaligned with the work they perform. A BCG report explains how Higher Ed institutions can provide significant value by decisively entering the corporate training arena and collaborating closely with employers to create a better fit between employer needs and the knowledge and skills of students and workers. Call for a New Era of Higher Ed – Employer Collaboration  

This crisis has highlighted the need to redefine how we think about education, allowing for greater access for and support of the student. Now is the moment to shift to accessible, affordable, high-quality education. COVID-19: Why higher education in the US must embrace digital

Health

World Population Day, celebrated on July 11th each year, seeks to focus attention on the urgency and importance of population issues. This year the theme of World Population Day is Putting the brakes on COVID-19: how to safeguard the health and rights of women and girls now

The scientific community has yet to determine the exact relationship between seasonal change and the spread of COVID-19 in different parts of the world. How will the arrival of winter in the Southern Hemisphere affect the situation there? World Economic Forum action platform discusses whether seasonal fluctuation is to be expected in the coronavirus situation.  Is COVID-19 a seasonal disease?

A new study offers strong support for the life-extending effects of a daily walk that lowers the odds of dying of heart disease. Harvard Health Publishing says that if one doesn’t exercise regularly, taking an extra 4,000 steps per day may help. Step up your walking game

From IILM

Dr Aayushman Gupta, Professor, Marketing & Entrepreneurship at IILM, tells students about IILM’s commitment towards an education which is Global, Responsible & Inclusive and how IILM believes in ensuring an education for all so that no one is left behind. IILM’s Commitment to Inclusive Education

Megha Kochhar, Assistant Professor of Psychology at IILM, elaborates on career choices rooting out of Psychology and the role of a psychologist in various careers that students interested in psychology can opt for. Decoding Careers in Psychology.

Finally…

The famous Indian classical singer, Shri Madhup Mudgal, performed during IILM’s annual cultural festival ‘Words in the Garden’ with the theme ‘Bapu ki Dilli’ that was held at IIC in February 2019. His ‘Ashram Bhajanavali’, where he presented some of Gandhiji’s favourite bhajans of saint poets such as Kabir, Guru Nanak and Meera Bai, had the audience spellbound. Ashram Bhajanavali by Madhup Mudhgal

Let’s build a strong tomorrow…together. Take care and stay healthy.

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