Industry 4.0 Brings New MBA Graduate To The Fore

Revolutions disrupt, they change the routine course of action, and they shake things up and transform the present landscape for good. Fourth Industrial Revolution – Industry 4.0 relies on smart technology, machine to machine communications to automate manufacturing and other business functions. But it is also bringing to the fore the new wave of management graduates, who can lead the way in the fast emerging business scenarios. All eyes will be on Top MBA Colleges In Hyderabad and around the country to shape these managers of the future.

Artificial Intelligence, Machine Learning, Internet of Things are not just buzzwords anymore. They are the reality that many industry sectors and organizations big and small, are embracing rapidly. It has given rise to fear of redundancy amongst the workforce around the world. The balancing act will be done by managers, who will not only need to have insights and understanding of digital technologies but emotional intelligence and other soft skills to motivate, reassure the workforce and develop the best strategies for their organizations.

  • The new industrial revolution will lead to huge amounts of data. Management professionals will need to possess skills to analyze the data to identify challenges and come up with solutions. Top 10 MBA Colleges In Hyderabad already focus on Business Analytics courses that equip students with cognitive management skills.
  • Future managers will also need design thinking skills that help them break down big problems into smaller tasks. They can then find innovative solutions for these challenges more effectively. Renowned B Schools imbibe these skills amongst students through real life case studies, live projects, and other experiential learning platforms.
  • Adaptive learning is the key to nurture flexible managers, who will thrive in evolving business environments. It will not only require domain-specific skills but also inter-disciplinary understanding of diverse functions. This is another area where best B Schools have raised their game with interdisciplinary emphasis on learning.
  • At the end of the day, Blockchain, Internet of Things and other new age technologies will hold sway. New generation of industry leaders will not only need an understanding of these technologies but should be able to collaborate with teams working on them. B Schools can simulate these work scenarios through tech social collaboration tools.

In fact, in the past year, B School classrooms have gone through a sea change. It was partly necessitated by the pandemic, which fast tracked the digital transformation. But it is also due to the fact that the best MBA Colleges In Hyderabad and other parts of the country have picked up the gauntlet to nurture new age management graduates for Industry 4.0.

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