1st Edition

Future of Management: Embracing Sustainability, Diversity, and Inclusivity Proceedings of ICMR-2024

Edited By Koustubh Kanti Ray, Bhuwandeep Copyright 2025
    224 Pages
    by CRC Press

    In response to unparalleled challenges and opportunities, the scope of management is undergoing a profound transformation. Organisations must adapt and innovate in order to flourish in an era characterised by rapid technological advancements, climate change, shift□ing demographics, and evolving social norms. The three pillars of modern management— sustainability, diversity, and inclusivity—reflect a comprehensive approach that prioritises the well-being of people and the planet over short-term profits and reflects a commitment to social responsibility. In the current era of management, sustainability has emerged as a criti□cal issue. Organisations must incorporate ethical considerations into their decision-making processes, reduce their carbon footprints, and implement eco-conscious practices as the effects of climate change become more severe. According to Paul Polman, the former CEO of Unilever, “Sustainability is not a charity; it is a business case.”

    1 Cross-country Connectedness of U.S. Sustainable and other Thematic
    Indices on Indian and Chinese Equities
    Koustubh Kanti Ray, Chandrabhanu Das and Komapalli Sasi Kumar
    2 Investigation of green supply chain management practices in small scale
    industries: applying analytic hierarchy process method and paired
    correlation
    PrashantKumar S. Bajaj, Sanjay P. Shekhawat and Pradeep M. Solanki
    3 The impact of eco-brand expansion strategy on brand engagement
    concerning the fashion industry: a bibliometric review
    Truptimayee Das, Akankshya Patnaik and Samir Kumar Mapatro
    4 Gamifying the shopping experience: a systematic literature review on
    gamification in e-commerce apps
    Anand Thakur, Ishita Bansal and Mohamed Isham A. R.
    5 Corporate synergy: a trilateral harmony of financial transparency,
    information disclosure, and financial performance of Indian corporations
    Anupriya Panda, Koustubh Kanti Ray, Kumar Mohanty and Bhuwandeep
    6 Cognitive, affective, and demographic factors and their impact on human
    behavior to adopt LLM-based generative artificial intelligence
    Kharabela Rout, Priti Ranjan Sahoo, Pratyuesha Behera and
    Archana Bhuyan
    7 Sustainable leadership and its effects on organizational change: a theory
    development, context, characteristics, and methodology framework
    based bibliometric analysis
    Samir Kumar Mahapatro, Gayatri Panda and Akankshya Patnaik
    8 Strategic research and development investments: analysing financial
    success in the drugs and chemicals industry of India
    Ashutosh Parhi and Rabi Narayan Subudhi
    9 Smart learning environments: an investigation of barriers to technology
    enabled blended learning in higher education
    Surbhi Sethi, Srishti Saxena and Manju Singh
    10 Enabling sustainable progress in rural regions through an intelligent
    management system for enhanced business profitability
    Prasanta Kumar Parida, Monalisha Chakraborty and Jyotirmayee Pati
    11 Sustainable circular economy through waste to wealth initiative: a
    study in smart city of Bhubaneswar
    Sasmita Mohapatra and Mihir Ranjan Nayak
    12 Urban sustainability: a multi-criteria analysis of AMRUT cities in
    Odisha
    Koustubh Kanti Ray, Anupriya Panda, Joydeep Biswas and Mohar
    Banerjee Biswas
    13 Innovative business models and strategies for a sustainable future: an
    empirical analysis
    Sneha Lata Das
    14 Consumer perception toward eco-friendly products: a comparative
    study between rural and urban consumers in West Bengal
    Sriparna Guha
    15 Corporate performance and sustainability: the role of audit committees,
    board composition, and CEO duality
    Saroj Kumar Routray and Sabat Kumar Digal

    Biography

    Koustubh Kanti Ray

    K.K. Rayi s a Professor of Finance at the School of Management, KIIT Deemed to be University. In a career spanning more than two decades, he has served in leading national□level institutions in the country – Indian Institute of Forest Management, Bhopal; Indian Institute of Management, Raipur, and Institute for Financial Management and Research, Chennai. Dr. Ray has a passion for teaching and taught business valuation, financial engi□neering, merger & acquisition, and corporate finance at one or more of the above institu□tions. He regularly conducts management training programs for corporate and government executives in finance and related subjects. His research interests are mainly in the areas of corporate finance and financial markets.

    Bhuwandeep

    Bhuwandeep is a management professional with over 6 years of experience in Plant Management, Quality Circle assessment, Supplier management, Project management Business Development, and Marketing – across Steel, E-commerce, Textiles, Cement, and Mining businesses. His expertise is in the domains of Sales, Marketing, Business Development, Project planning and execution, and Plant operations. He has worked with Global Indian conglomerates like TATA Group and Aditya Birla Group. He is an alumnus of IIT Kharagpur where he was the recipient of the Merit Cum Means Scholarship. He has also done his PGDBM from IIM Bangalore in the areas of Marketing and Sales. He has also done specialization in Marketing from Rennes School of Business, Rennes, France as an exchange program.