Vyakriti’21 aims to provide a dias where the veterans from the industry will interact and reflect with the budding managers on the recent trends and developments in the domain of IT and Analytics. The Conclave aims to provide the student fraternity at IIM Amritsar with a holistic view of how a cohesive and competitive market responds dynamically to varying conditions. This year's panel discussions will be centered around the changing nature of the business landscape brought on by the current pandemic and will be conducted in online mode.
The Conclave would focus on the critical aspect in the domain of IT and Analytics - "Evolving to Adapt: Digital Transformation in the Era of Disruption". This theme will explore the right challenges and opportunities businesses face due to evolving digital technologies, which ultimately transform how traditional firms operate. The theme aims to capture the changes required on all levels of the organization, including workforce transformation and the corporate governance model itself. businesses.
The Digital Era has left businesses at a significant turning point. The rapid growth in differentiating digital capabilities has forced companies to reconsider and rethink the value they create through their ecosystems. However, firms are still skeptical as they believe these digital technologies and business models pose an existential threat to their traditional way of doing business. Thus, they focus on digitizing only what they already do. And the firms that do invest to stay ahead and create differentiation have concerns about betting a ranch.
What digital transformation strategies should a firm adopt to futureproof itself against these accelerated disruptions?