With the advent of globalisation, knowledge has transcended the typical it faced. Goa Institute of Management (GIM) had the opportunity to host the prestigious 9th The Indian Subcontinent Region Decision Sciences Institute (ISDSI) International Conference at the Sanquelim campus recently, which promotes the research of interdisciplinary sciences and exchange of knowledge through various means.
ISDSI is part of the Decision Sciences Institute, USA and is a platform to promote interdisciplinary research at the global level in the area of Decision Sciences through conferences. The institute which constitutes of various academicians and practitioners is interested in the application of quantitative and behavioural methods to the problems of society. They aim to attain it through national, international and regional conferences, competitions, and publications. The Institute provides an international forum for presenting and sharing research in the study of decision processes across disciplines.
The conference at GIM hosted various academicians from different countries, practitioners from business and industry, and research scholars. Being veterans in their fields, the conference acted as a platform for sharing, discussing, and deliberating on a variety of research agendas, ideas, and findings related to decision making, decision processes, and performance excellence.
The conference focused on various areas such as Corporate Finance & Financial Markets, Human Capital Management, Sustainable environment practices, Healthcare management, Supply chain optimization, Productivity management, Emerging trends in marketing, Strategy and entrepreneurship, Optimization and analytics, Supply chain modeling, Big data analytics, service operations management, Lean management practices, Information management and systems.
Over forty institutes from USA and India converged at the GIM campus for the international event and be part of the international event. These included leading names of B-schools from USA such as New York Institute of Technology, USA, Milwaukee, USA, Baruch College, USA, Tennessee Tech University, USA, among other leading names.
Premier B-schools and management institutes from India also participated in the event. these included - IIM, Lucknow, MGV's Institute of Management, Panchvati, Nashik, BITS, Pilani, SIBM, Dr. D.Y Patil Institute of Management, Pune among others.
Mr. Pratapsingh Raoji Rane, Leader of the Opposition, Goa State Assembly said about the event “In earlier times, most businesses relied on technologies like CNC machines and robotics to automate processes. Today, mathematical equations are being formulated as per the nature of business variables. Such equations along with technology help businesses execute various processes in a smoother and better manner. These equations also help in day-to-day operations and projections. For example, many businesses use the multiple regression/logistic regression for predicting purposes. But till date, key decisions are made by humans with the help of data and intuition. This aspect was discussed threadbare at this impressive event at GIM”
Added Ajit Parulekar, Director, GIM, “In today’s volatile and intensely competitive environment, it is evident that the businesses and non-business organizations across the globe must conduct themselves with utmost efficiency to achieve performance excellence to survive and thrive. Hence, decision making, in all functional areas and at all levels of management, play a crucial role in achieving the desired excellence by making the best use of the available resources. All this and more was deliberated on at the 9th The Indian Subcontinent Region Decision Sciences Institute
The conference also included workshops on topics such as International Workshop on Assurance of Learning, International Workshop on How to Publishing in High-Quality Journals, International Workshop for Deans and Directors: Building B-Schools for Tomorrow. Various sessions were conducted over the span of three days that included key topics of discussion and presentation of papers by various academicians. The sessions were chaired by professors from the U.S.A. and U.K. and also from various Universities across the country.
Along with being a state-of –the-art institute, GIM is doing its best in imparting quality education and values to its students, so that we have more responsible and capable leaders of the future. It is a stepping stone towards the brighter future. Life at GIM is intense, rewarding, insightful and unforgettable within an extraordinary community of creative and accomplished people from around the country.
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