Business management

Symbiosis Institute of Business Management, Bengaluru to Host 9th Edition of Management Conclave Alchemy 2021-22 – ThePrint

Bengaluru (Karnataka) [India]Jan 03 (ANI/SRV): In pursuit of its vision of empowering young minds and preparing them for the business world, SIBM Bengaluru holds its annual management conclave “Alchemy” every year.

Alchemy provides a common platform for top business owners from various industries to share their ideas and views on several hot topics in the business world.

Alchemy 2021-22 will take place online on January 8, 2022. The theme would be ‘Leadership Dynamics: Redefining Management’.

The post-pandemic resurrection of industries has been led by leaders around the world, who have dared to dream big and think outside the box, redefining management and transforming the future. Leaders therefore foster the development of relevant skill sets through organizational transformation and encourage employees to create an inclusive learning environment.

The pandemic has also transformed the democratic leadership style into a more people-oriented and affiliative style of leadership. The outcome-based approach has evolved into a people-based approach where leaders value emotion and trust above all else while maintaining an open communication loop. That said, is there a risk of loss of span of control and dilution of power as companies move towards a more affiliative style?

How do leaders use data and technology to lead organizational transformation while maintaining their responsibility to constantly innovate and give back to the environment? As the future workforce, how are tomorrow’s leaders increasing their skills to add value to the business and society as a whole?

So, the items mentioned above are some of the main areas of discussion of the conclave. The conclave will feature notable speakers from diverse backgrounds who have made significant changes in the way leadership has shaped the current business scenario. The one-day event will also include panel discussions on the following topics:

Panel 1: Data Disruption – Impact on Leadership Data analytics and quantitative research have reshaped organizations and the way leadership works in different business domains. Advances in data and technology have dramatically changed the dynamics of leadership over the years. Leadership has shifted to a futuristic view by planning not just for now but also for years to come. This helps them anticipate challenges they may have with team dynamics, so they can redirect them before they arise.

However, the road to achieving a fully data-driven leadership model is not easy and has posed some challenges for leaders in charge. Moreover, how do leaders deal with these drastic changes and ensure that their employees are ready for the future? To what extent should global leaders have access to organizational data and personal data of their customers? Does overreliance on data affect instinctive decision-making?

Panel 2: Innovate, Ideas, Sustain – A Way Forward Businesses increasingly rely on diverse, multidisciplinary teams that combine the collective capabilities of people from different cultural backgrounds, genders and hierarchies. Companies focus on fostering diverse talent in leadership, management, technical, and board roles. During the pandemic, diversity in terms of worker-employer relations has been disrupted.

Policies and programs put in place for such transformative performance will only be effective if there are meaningful metrics to track inclusion efforts and outcomes. Organizations committed to inclusion need metrics to reveal whether actions taken are accomplishing what they were intended to do. The question now arises as to whether diversity and inclusion aligns with the goals and values ​​of the organization so that they are not relegated to the background.

Panel 3: Inclusiveness in Leadership – Power of Diversity in the Workplace During the pandemic, diversity in terms of worker-employer relationships has been disrupted. Organizations committed to inclusion need metrics to reveal whether actions taken are accomplishing what they were intended to do. Are we implementing the right tools to measure and track inclusivity and diversity, such as continuous listening and getting real-time insights?

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