IILM Notes 2nd July 2020

IILM Notes 2nd July 2020

IILM Notes
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Thursday 2nd July ‘20

New challenges continue to shake the world. Everything around us seems to have changed. From trying to survive to creating value, companies are reinventing themselves. As we reflect and ponder on the past, we need to focus on the future.

Economy and Business

A campaign that has been gaining momentum in recent days is ‘Stop Hate for Profit’ which is urging businesses to boycott Facebook because of unease about how the social media company is handling misinformation, hate speech and problematic posts. Read about why advertisers are not willing to support Facebook. Facebook Boycott Grows-Which Companies Are Stopping Advertising, and Why

At this time of reflection on the virtues and vices of capitalism, it is critical that managers and board of directors have a clear understanding of what value creation means. McKinsey’s Marc Goedhart and Tim Koller re-emphasize why long-term value creation should take into account the interests of all stakeholders. The Value of Value Creation

Health

Studies heralding some hopeful, some horrifying new findings about the coronavirus are multiplying. Read the latest things learnt about the novel coronavirus, and our prospects for vanquishing it. Here’s the Latest Good (and Bad) News About the Coronavirus

A simple act that’s been especially missed because of COVID-19 distancing is a hug. “Human beings need social contact,” says Dr. Eugene Beresin, executive director of The Clay Center for Young Healthy Minds at Massachusetts General Hospital, and professor of psychiatry at Harvard Medical School. Find out what Harvard Health has to say about How risky is a hug right now?

Management

It’s disorienting to let go. Being willing to change means we must accept and admit that we are not in control and we don’t know. Peter Bergman in Harvard Business Review writes about the importance of slowing down by ‘not doing’ or ‘less-doing’. Read about the ways to enter the ‘not-doing’ space. Let Yourself Be Unproductive. At Least for a Little While.

At a moment when many families around the world are confined to home, and are searching desperately for fresh techniques for managing their household chaos, read about the one proven solution that families can use in the Harvard Business Review. The Agile Family Meeting

As many companies roll out recovery plans and navigate a new normal with regard to the way they work, they can’t afford to neglect diversity in the workplace. Sue Bhatia Forbes council member writes about Creating a More Diverse, Inclusive Workplace

Higher Education

In remote teaching it’s easy to forget that students are real people. Read in the Chronicle of Higher Education – about why connecting early and often with students is vital, and how to do it. 5 Ways to Connect with Online Students

At a time when previously unthinkable changes in education are underway, there is a historic opportunity to rethink and reinvent education. Read this article by Steve Denning in Forbes Editor’s Pick that talks about a transformation in teaching from ‘teaching the right answers’ to ‘inspiring better questions’. Reinvent Education as well as Creating Greater Access

From IILM

Dr Quraishi, former Chief Election Commissioner of India and Chancellor, IILM University, writes in the Indian Express that it is most imperative in these times to protect underprivileged families from starvation and that there is an urgent requirement to put money in the hands of the impoverished to support them during the pandemic. For the Sake of Our Children

Dr Sujata Shahi, Vice Chancellor, IILM University, in Education Times, talks about how educational institutes can help students in these challenging times to ensure that everyone is able to continue their education. No Student should be left behind

From the Past…

His Holiness, the Dalai Lama, visited IILM Lodhi Road nearly 15 years ago and spoke to our students and faculty on the occasion of our Founder’s Day in November 2005. His Holiness emphasized the importance of compassion and warm-heartedness. Watch his full talk. Part 1 Part 2 Part 3 Part 4 Part 5

Extend a helping hand. Take care of yourself…and of others.

IILM Notes is now becoming biweekly. Our next edition will come out on Thursday 16th July. We’ll see you then.

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