07 April 2018 - 08 April 2018
Industry Academia Confluence 2018 Christ Institute of Management LAVSA
|Disruption describes a process whereby a smaller company with fewer resources is able to successfully challenge established incumbent businesses. Specifically, as incumbents focus on improving their products and services for their most demanding (and usually most profitable) customers, they exceed the needs of some segments and ignore the needs of others. Entrants that prove disruptive begin by successfully targeting those overlooked segments, gaining a foothold by delivering more- suitable functionality—frequently at a lower price.|
Disruptive companies are exploiting technologies to deliver new or existing products in radically different ways. Google is developing self-driving cars, Amazon is experimenting with drones to deliver shopping, and there’s a chance that in future we could 3D print medication in our own homes. With these potentially disruptive innovations on the horizon, how should existing companies respond? More so, are next gen. aspiring professionals ready for this age of disruptive innovations?
India is going digital at a breakneck pace. Emerging technologies have disrupted the traditional ways of doing business, across sectors, and have ushered in an era of not just digital transformation, but also a focus on innovation and ground-breaking creativity. But is the pipeline for Indian innovation ready and prepared to take the country’s digital innovation journey forward? There has been a significant gap between industry requirements and academic preparation. Indian society places high value on theoretical knowledge. A hands-on practical approach to education or even real-time industry experience is usually limited. It has been forecasted that by 2030, India will be one of the youngest nations of the world. There will be 140 million people in the college going age group. One out of every four people will come out of an Indian education system. However, as per Nasscom, only 25 percent of technical graduates and 10-15 percent of other graduates are considered employable. Alarming statistics to say the least!
Prof. Jobin Jacob,
contact no: 9665026779,