Norat Mal Khandelwal
ADJUNCT PROFESSOR OF MANAGEMENT
SAURASHTRA UNIVERSITY
New trend
Management,of commerce and industry and also govt administration has become technology driven. Technology makes management impersonal. It is a mixed blessing. Speed and space and connectivity have increased,check on corruption is there but scope of frauds, stress and strained relationships has increased. Rate of knowledge generation has increased but rate of speed of decline in human and professional values, wisdom has also increased. Due to very fluid envirnmental factors, rate of obsolescence of knowledge has increased. It calls for continuous life long learning. Training and development, mentoring, coaching and counselling are assuming greater significance.
Different from others
Business intelligence is critical requirement for strategic planning at different organizations. Anticipate strategic moves of your competitors and develop contingency strategic moves to check mate them . Business intelligence will become a critical factor in managing business risk. Organisations with strong emphasis on business intelligence will perform better in spite of adverse business environment leading to lower average growth of the industry.
Recommending Specialization
Business environment analysis, industry anaysis, firm,s anaysis, inter-firm anaysis, strategy formulation, strategy implementation.
Important Decisions
Updating business and its environment anaysis, technology updation, from managing as director to institution builder and advisor/counsellor.
Definition of BI
To know about business and firms or organisations from the information which is not available in public domain and to infer and anticipate or project from historical data available.
Comparison of current work from previous one
Advising for strategic plans of this department and also of atal bihari vajpayee hindi university bhopal.earlier i was teaching, researching and publishing and managing a faculty and also building new mba institutions as founder director.
Your Role
Strategic planner ,advisor, counsellor, coach and mentor to faculty, and academic administrators.
Role of BI
Its role is critical in survival and growth of an organization and in also managing risk.
Tools of BI
Independent expert interactions,peer group discussions, panel discussions,business intelligence technical reports/approach papers,seminars and conferences.internet.
Decision taken
To be ethical. Sacrifice short term gains in favour of shot term pains for sustainable growth. Constant updating, changing roles, maintaining good health in order to play long and effective second innings after superannuation.
Concept of BI
Vision, foresight,hindsite, intution, capacity to read between lines and to anticipate future moves.
Measures to be taken
Innovations and updating,creativity. New product offerings to meet changing needs of customers or to meet their latent needs.
Learnings
To be a role model to inspire others to achieve goals of the organization. LEAD FROM FRONT BY SETTING GOOD EXAMPLES TO BE EMULATED BY TEAM MEMBERS. EMPOWER AND ENRICH PEOPLE.
After few years
To continue to work with zeal and vigour till breath last. Help people and organizations to grow with sustainability.