Vice President Naidu urges Business Leaders to work for long-term Sustainability

NEW DELHI: The Vice President, M. Venkaiah Naidu on Tuesday here in New Delhi underlined the importance of sustainable development. He also stated that the world needs business leaders who can look beyond short-term profit and work for long-term sustainability.

While, inaugurating the Indian B-Schools Leadership Conclave’ virtually the Vice President cautioned that our pursuit of development should not come at the cost of the environment. Drawing attention to global warming and consequential increase in frequency of natural disasters, he said that this is impacting businesses as well.

The two-day virtual Conclave on the theme- ‘Indian B- Schools: Navigating a sustainable future by merging local & global best practices’ is being jointly organized by the Association to Advance Collegiate Schools of Business (AACSB), USA and Education Promotion Society for India (EPSI). More than 20 thought leaders, deans, directors and policymakers in management education will deliberate various issues faced by the educators in B-Schools in India and the world.

Complimenting AACSB and EPSI for organizing the Conclave despite the challenges posed by the COVID-19 pandemic, Shri Naidu called it an excellent opportunity for Indian B Schools to learn from local and global best practices in management education during these turbulent times.

Noting that in the post-Independence era, US institutions like Harvard and MIT helped Indian B-Schools, Shri Naidu expressed happiness over the fact that currently many of top management faculty members in US B-Schools were born and educated in India. “I find this to be an excellent example of the interdependence between the two largest democracies of the world”, he said.