To many, the recent events across the world herald the changing
dynamics between governing and the governed. From a passive model of
recipient of paternalistic driven governance systems, the digital era
and the opportunities unleashed by it have transformed the citizens
into active participants in the public policy discourse. This is
strongly reflected in the Anna Hazare movement as also in the Arab
Spring. Conversely, another set of social construct is sought to be
built through an act of violent manifestations embodied in the
challenges of Naxalism and terrorism. The subterranean pressures seek
to engulf the business firms too apart from polity and society.
Further in the era of the shrinking State, corporate hegemony marches
forward and has implications for emerging economies. The TRIPS
agreement, ever increasing sweat shops among others, stand as examples
to this. The counter reactions from the society have resulted in
violent manifestations like in Nandigram and Kalinga Nagar etc. At the
same time, the rise of click and mortar models seem to replace
traditional business models. Capillary action models, Peer production
like Wikipedia, open business models all unheard few years before now
present new opportunities.
At any point of view, the societal discourses get rooted in three
forms. The first is the elitist form reflecting the discourse of the
fittest. The industrial information mass media centric economy
reflects this phenomenon. Corporate backlash through TRIPS,
strengthening copyright regimes, patent trolls, knowledge games all
stand testimony to this. The second discourse is communism where one
sees a challenge in part and in some measure to the elitist model.
Challenges to public sphere through generative internet based business
models and the Arab Spring present an evidence for this discourse. The
third is the liberation from oppression either through violent
manifestations or through non-violent liberation movements.
A further fundamental change on the horizon is the rise of India's
soft power. India's unique contribution to Global society in general
and US in particular, from Swami Vivekananda (Spiritual tradition) to
Mahatma Gandhi (Social action) the Emergence of Knowledge
Professionals in the current era, is witnessing a revived and
heightened interest. As a model of soft power trickling up to the
upper echelons of the society, Indian Management thoughts are now
attracting serious attention even among the Western thinkers.
While we remain uncertain over the turn of the events in future, it
would be interesting to explore the future directions of the
interfaces of the global society; economy and polity. The conference
attempts to provide a common platform for scholars, students,
corporate practitioners and activists in seeking the answers for
locating thought currents and identifying thought leadership models in
the new world.