Speakers highlight business challenges at Islamia College conference

Speakers highlight business challenges at Islamia College conference

SRINAGAR: While employment opportunities in the government sector remain scarce, speakers at the inaugural day of “national level” conference at the Islamia College of Science and Commerce Wednesday highlighted challenges faced by entrepreneurs.
The two-day conference themed ‘Business Management in 21st Century- Issues and Challenges’ was organised by the ICSC’s Department of Commerce and Management Studies.
Prof Nitin Gupta of the Lovely Professional University was the keynote speaker on the occasion.
In his address, Prof Gupta highlighted the issues and challenges confronted by the stakeholders and business entrepreneurs.
Besides, he also discussed the new business models and the related scientific technology.
Appreciating the organisers of the event, Prof Gupta said that education should break the barriers and development should be a global task.
With technological changes and the importance of reinvention and digitization being the focus, Prof Gupta also talked about how traditional enterprises are responding to these challenges and issues.
“Organizations are changing rapidly with society, so we have to change with it or we will be obsolete”, he added.
Earlier, Principal ICSC, Prof Yaseen Ahmad Shah, welcomed the guests and dignitaries at the conference.
Prof Shah also highlighted the challenges confronted by the business entrepreneurs in the modern technological world.
The principal also stressed upon industry-academia interface to ensure employability of students passing out from the college’s Business School.
He wished the institution great success and hoped in future such conferences will bridge the educational and research gap.
Professor Mushtaq A Siddique, Vice Chancellor of Islamic University of Science and Technology, who was the chief guest at the event, drew the attention about the modern technology on business management.
Prof Mushtaq focused his speech on Gene Editing and Designer Babies.
He too highlighted the issues and challenges in the business management.
Prof Mushtaq explained how ‘Uber’ had worked in the changing scenario of business.
Dr Seema Basheer, Head of the Commerce and Management Studies Department briefed the audience the importance and relevance of the conference.
Owais Rehman, Assistant Vice President HDFC bank and Tafazul Hussan, Ex- Vice President JK Bank praised the coordinators of the conference and highlighted the importance of such events.
A few books edited by the faculty members of the ICSC’s Commerce and Management Department and published by Himalayan Publishers, New Delhi were also released on the occasion.
The two day conference will have 94 paper presenters.
In a separate statement, Media Secretary ICSC, Dr Sayed Untoo said that the conference will act as an ice breaking event for the students and open up opportunities for them and let researchers find solutions to challenges.

Rafiq lone, Assistant Professor and Co-organising Secretary of the event said that the conference was part of the series of events to be held in the future.
The conference, Lone said, aims at removing isolation that exists between academicians, industrialists and researchers.
“This institution is the largest commerce college of valley and we should make it an interactive place and open doors of discussion and innovations,” he added.