Reclaiming the Soul of the University in an Agile Corporate World

In today's agile corporate world, the expectation is that the university will be able to rapidly adapt and evolve in response to its ever-changing global, educational, economic, social, political, and technical environments. But, at what cost? This chapter argues that many of our universities have lost their soul in their race to become agile because their focus has shifted away from fully achieving their core purpose—the creation and the dissemination of knowledge—to production-line teaching and learning and income-based research. There is now universal apprehension arising from the belief that university leaders are more concerned with income and budgets than knowledge and people. In response, this chapter argues for a radically new understanding of what constitutes truly effective university leadership which is readily able to create an agile university culture while simultaneously ensuring it sustains its commitment to its core purpose.

The Role of Artificial Intelligence in the Automation of Human Resources

Organizational effectiveness is dependent on how resourcefully and effectively people, process, and technology unite and bring value at best cost. Artificial intelligence facilitates to automate most of the back office transactional effort in that way enabling rapid service delivery. AI competencies are scaling new heights and changing the way employee work in this ever-changing corporate world. AI has the power to change various employee skill through quick and accurate processing of a large amount of the data from recruitment to talent management.

The ignored tool of corporate governance rating: An overview of the corporate world in the emerging market

Generally, the interest of stakeholders is to see the growth of their entities, also they benchmark their entities through business performance metrics or tools like return on equity, return on assets (Mishra & Kapil, 2018), earnings per share, gross profit margin, employee productivity, sales turnover, ratings given by prominent credit rating agencies, such as Investment Information and Credit Rating Agency (ICRA), Credit Rating Information Services of India Limited (CRISIL), Standard and Poor, etc. In addition to this, internal governance mechanisms, board of directors’ characteristics, their independence, transparency, concentration, and presence of employees in the ownership structure also influence financial and stock market performance (Braendle, Stiglbauer, Ababneh, & Dedousis, 2020). However, assessing the performance of entities through some of these limited angles is not always possible. One more criterion for assessing the performance of entities is corporate governance rating (CGR). However, it is not widely used as a tool to assess a firm’s performance in emerging markets. The present research paper is intended to address the scenario of corporate governance rating in Indian corporate world to assess a firm’s performance. With the help of majorly secondary sources of data, this study was conducted from 2003 to 2021 based on the CRISIL’s rating pattern. The results revealed that only 20 companies adopted the process of corporate governance rating. The findings showed the significance of corporate governance rating, its adoption and future research in the development of the rating mechanisms in India as well as in other emerging markets.

REVIEW ON APPLICATION AREAS OF DEEP LEARNING

The current era is the golden era of Artificial Intelligence. Machine learning is used mostly in all Applications of Artificial intelligence(AI). Machine learning is proven as a great tool to make AI strong. As an advanced form of machine learning, the popularity and success of Deep Learning is proven in different applications is at the top level. As the accuracy in forecasting is high as well as it is very important for the corporate world. The leadership of deep learning cannot be underestimated. It is used to develop systems that mimic the human knowledge gain process using neural networks. In this paper, we are going to discuss innovative developments in application areas of deep learning.

Stakeholder Management

Stakeholders have a key role in the corporate world, and especially related to sustainability. Even peripheral stakeholders can have a great impact on companies. This is an important consideration that companies need to be aware of and consider. In this chapter, I explore the roles of different kinds of stakeholders such as owners, investors, employees, governments, suppliers, customers, NGOs, and the media, and how to communicate and involve these stakeholders in a constructive manner. I address the function of each respective stakeholder as well potential areas for positive collaboration. The power and impact of NGOs on corporations will receive special attention as they often act as representatives for environmental and social interests—and bring such issues to the attention of others. Cases are provided to illustrate the issues presented.

The Necessity for Revisiting Direct Corporate Human Rights Obligations in the Current Business and Human Rights Treaty Process

The international community has awoken to the reality that transnational corporations (TNCs) do not only control more resources than a good number of states. They wield enormous influence in the corporate world which greatly impacts on local cultures and initiatives. Many of these TNCs, who operate in developing states, engage in activities which frequently result in human rights abuses. Several states rely on the resources extracted by these large corporations as the main stay of their economies. Consequently, they lack the economic capacity and political will to effectively regulate the activities of the TNCs, leaving these entities to perpetrate human rights abuses in the local communities with impunity. Although the Human Rights Council, through the Inter-governmental working group on Business and Human Rights, has begun a treaty process on business and human rights to address these issues, the work of the IGWG, so far, has not adequately responded the root cause of the corporate impunity, which is their unwillingness and inability to hold corporate entities accountable for their harmful activities. Thus, this paper proposes that the issue of direct human rights obligations on corporate entities should be revisited in order to ensure that corporate entities do not escape accountability for human rights harm resulting from their activities.

Space, Place and Educational Settings: An Introduction

We present this volume as an invitation to explore and critically reflect the interplay between space, place, and educational settings. As part of the Knowledge and Space series, this book’s authors follow a comprehensive approach bringing together a set of contributions reflecting various disciplines with their methodologies and theoretical backgrounds. We understand educational settings as the broader framing of education, which includes the out-of-school environment, neighborhoods, and institutional arrangements, as well as the agendas of the multilateral and corporate world. Education literally takes place in the neighborhood and educational landscapes are embedded in local communities, although they are exposed to and are part and parcel of educational policies and the ongoing dynamics of transformation at regional, national and international scales.

Enhancing Indonesian Vocational High School Graduate’s Competence in The World of Work After Covid-19 Pandemic Through Innovative Learning Models

This research explores innovative learning models to ensure that Indonesian vocational high school graduates still have an excellent competency after being hit by the Covid-19 pandemic. This research adopted the qualitative method by conducting content analysis. Based on the analysis, this study has discovered three innovative learning methods, namely [1] research-based learning; to enhance data literacy, [2] interactive multimedia-based learning; for increasing technological literacy, and [3] project-based learning; conducted to empower human literacy. The students’ capabilities to compete in the corporate world are better if they apply these three learning models. It would also reduce the risk of unemployment due to technological disruption during the pandemic and the increased population by acquiring these literacy skills. It is hoped that vocational high school graduates will be hired fast and able to take part in the corporate world and have the three new literacy skills as the principal capital in taking part in the corporate world. Keywords: Competence of vocational high school graduates; Covid-19 pandemic; Innovative learning models

Employee Well-Being Becomes Top Priority

With the increasing complexity of corporate culture where we talk about equality and diversity, it becomes imperative that we care for employee well-being in an organization. Employees are the most important asset for a company and their well-being eventually brings profit for the organization. This study is to analyse the factors responsible for measuring the employee well-being and how it is related to company performance. Research would also emphasize different practices in corporate world impacting employee morale and in turn well-being. The study will also include the retention programs and their benefit for overall growth and development of human resources. Workplace culture has also been studied here to determine its impact on long-term development of employees working in different organizations.

BUSINESS ENGLISH AS THE LINGUA FRANCA IN THE MACEDONIAN COMPANIES – A STRATEGY FOR THE FUTURE

The progress of society, in all areas, largely depends on the quality and the advancement of the companies in one country. Since the economy of a country is the primary drive for progress, the corporate world must evolve and advance in order to keep up with the trends and the constant changes in the business environment and thus continue the progress of societies. This paper aims to provide an understanding of the importance of business English as a lingua franca in advancing Macedonian businesses. Although the primary purpose for developing business English has been business interaction among English-speaking and non-English speaking companies, with time, the companies have dragged in native languages turning business English into a lingua franca in the corporate world. Therefore, not only has business English progressed into the backbone of international trade, which is crucial for the economic development of the countries, but it also became essential for the companies' internal communication, which is vital for their operation and performance. That being said, the main implication of this paper is to enlighten Macedonian society on the significance of introducing business English as the lingua franca in Macedonian companies. By discussing and analysing specific areas on how business English can improve the competitiveness of the Macedonian companies and workforce, the researcher proposes a strategy for the future based on; introduction of a Business English course in the Macedonian educational system, training of employees, employment of staff conversant with English, use of simple vocabulary and repetition of statements, and embracing language diversity.