The global markets are witnessing a profound changes and shift in the attitude and aptitude towards the complex, uncertain and changeable market behaviours. Before COVID 19, the world was thought to be strategizing to meet the expectations of the VUCA framework, which defines a world of Volatility, Uncertainty, Complexity, and Ambiguity. Theories were propounded to explain the post – cold war world evidencing the rapidity in changes, ambiguity in decision making, instability is adapting to systems and technology. However, post COVID 19, global events marked by more impactful influence in escalating the behavioural changes are beyond the definition of VUCA. To include more disruptive events like pandemics, technological & AI interventions, geopolitical instabilities, climatic shifts & crises, etc., a new framework BANI is coined by the American author and futurist Jamais Cascio, an acronym to Brittle, Anxious, Non-linear, and Incomprehensible, has emerged to cover-up the new normal world. These paradigms reflect on the psychological, operational, and universal breakdowns which is commonly and now frequently encountered by modern-day organizations and societies. Thus, it becomes imperative that human-kind be prepared for such transformations for a sustainable and resilient work environment and world, at large, which calls for an adaption and change is the teaching-learning process to prepare an informed work-force to meet these expectations. While moving from VUCA to BANI world, education shall play a crucial in updating the young minds to focus on not only preset theories but to evolve as a prepared leader for firm decision-making in a complex, fragile, and non-linear environment.
At BSSS Institute of Advanced Studies Bhopal (BSSS IAS), one of the best MBA colleges in central India, efforts are made to update the curriculum to incorporate the terminologies and concepts that are necessary to deal with brittle, non-linear, and incomprehensible conditions to reduce anxious behaviours across the management domains. The need for developing adaptive and resilient workforce at an early age of employability has been incorporated in well-designed flagship international certificate course of Post-graduate Programme in Managerial Capacity Building (PGP-MCB), duly affiliated from Synergy University Moscow, Russia. The course offers strong exposure towards creativity, critical thinking, and innovation to draft the young minds for solutions that shall result in sustenance in the dynamic economic and corporate environment and sustainability in future. PGP-MCB is complimentary certificate course with the traditional MBA degree which aims to no longer produce managers but to develop architects for sustainable transformation.
Only the leading management institutes can contribute to the meaningful insights in the management education and at BSSS IAS we stand tall in offering courses that align business acumen with system thinking, emotional resilience, and ethical foresight, that shall serve to create a generate of young and dynamic leaders who are prepared to not only withstand a brittle and anxious world but transform it for the better.
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