Top Management College in Kolkata | PGDM College in India Praxis

Human Element is Still the Key in Generative AI

Without human intervention, especially subject matter experts from the particular domain, a Generative AI model will simply be unable to create anything worthwhile   Very often people want to know the tool or chatbot used to generate a photograph or a painting. The underlying objective is that once the tool is known, they too could […]

Problem-Solving and Innovation: Fundamental pillarsof business studies – Part II

Equipping students with essential survival skills will allow business schools to play a pivotal role in preparing the next generation of business leaders who can thrive in a dynamic and competitive global marketplace. Read the concluding part   The relevance of problem-solving and innovation skills in business studies cannot be overstated. In Part1, we discussed […]

Interconnected Risks Rapidly Rising

In a recent survey of over 700 risk management professionals worldwide across major industries, 83% say that risks are becoming far more interconnected and harder to segregate, leading to outsized impacts    A groundbreaking global study by Accenture has revealed that the growing interconnectedness of systems, supply chains, and sectors is causing a swift emergence […]

A Tenfold Path to Industry Readiness

Key strategies for grooming management students to become industry-ready, ensuring they can thrive in the dynamic and competitive business environment of today and tomorrow   The modern business landscape is constantly evolving, driven by technological advancements, shifting market dynamics, and changing consumer preferences. To succeed in the new age workplace, management students must equip themselves […]

The Evolution of Wholesale Payments

The future of wholesale payments belongs to banks willing to navigate the shifting landscape, secure valuable touchpoints with clients, and remain competitive amidst growing competition. We have reached an inflection point – decisions made today will shape banks’ positions in the wholesale payments market of tomorrow.   The landscape of wholesale payments is undergoing a […]

Under the Hood of the Fastest Growing Major Economy in the World

India’s economy roared in Q4 2023, defying expectations with an 8.4% surge in Gross Domestic Product (GDP), the key measure of overall economic output. But is it sustainable, and what caveats need to be considered? Read on as we unpack the details of the number making the headlines   To understand how well the economy […]

From Sunbeams to Power Plants: Unveiling the Promise of Nuclear Fusion

Replicating the solar process of nuclear fusion on Earth has been the holy grail of scientists for decades, and developments in Japan mark a crucial step towards making it a reality   The world held its breath a couple of months ago this winter, as Japan inaugurated the JT-60SA reactor, the largest operational superconducting tokamak […]

How Relevant is Performance Appraisal in the Modern Workplace? Part III

Organisations are exploring new-age appraisal approaches that align with the changing nature of work and employee expectations –creating a performance management culture that is flexible and employee-centric   As the workplace continues to evolve, organisations are exploring new-age approaches to performance appraisal that align with the changing nature of work and the expectations of employees. […]

The EU AI Act: A Regulatory Milestone

In recent years, global AI regulation has become unequivocally crucial, with an increasing number of countries now enacting laws for ethical AI use. The EU’s upcoming AI Act mirrors nations like the US, Canada, Australia, and Japan, which are also enacting AI regulations due to risks like privacy breaches and biases. Organisations must align with […]

From Text to Blockbuster in Seconds

A Hollywood studio has put on hold its $800-million expansion plans after watching the stunning hyper-realistic videos produced by an OpenAI innovation that leverages a transformer architecture to convert data into spacetime patches of video and image   You’ve probably seen those viral videos recently where people type in a text prompt and an AI […]