Page 72 - UDYAMA FINAL final for web

ANTICIPATING A

DISRUPTED WORLD

Leavers for Sustainable Economic Development

Dr. Dedunu is currently working in Belgium. She has more than
15 years of extensive national and international experience in
research & development. Amongst many projects that she has
been initiated during her fifteen-year service, she wishes to
place emphasis on following that added much value to the
industry;

Initiated world first Organic latex bedding concept.

Introduced world first GOLS standard to bedding industry joint-
ly with Control Union which is a Dutch -certified company.
Initiated world first carbon neutral bedding concept.

She is a researcher and author of many academic and professional publications in Management,
Environmental Science, Climate change, Sustainability and Social science etc., in reputed academic
and professional journals. She has earned Ph.D. in Management (specializing-Environmental Man-
agement and Climate change), MSC in Green Management, and Graduated from Polymer science in
the field of Engineering.

Today’s context businesses are Technological disruptions, Fragil- mitigation and adaptation. Mitiga-
vulnerable to different risk situa- ity and violence, Shifts in the glo- tion focuses on limiting the speed
tions. Challenges of disruptive bal economy, debate about glob- and scale of disruptive changes. It
change are one of the major risk alization and many other forces has typically received utmost att-
components that have got adv- operating in the environment) and ention in policy circles, such as
ersely fastened into businesses. challengers are expected as a risk debates over business modal inn-
The present-day value of a bus- in macro circumstances lead ext- ovations, technological shift, mul-
iness is judged through multiple reme disruptive challenges and gr- ti-stakeholder collaboration, mac-
dimensions paying attention to adual modification of risk in busi- ro circumstances pressure (wheth-
economic, social and environmen- nesses, which would affect the er related issues and legal matters)
tal concerns. The core value of a change in equilibrium of busine- and micro circumstances pressure
business is not an undeviating me- sses and it would manifest in (such as task-oriented pressure,
asure of pure manufacturing per- manufacturing processes. A better stakeholder pressure, institutional
formance but a much more in- understanding of the linkages am- pressure, and etc.) across the eco-
-depth commitment of a more ong these trends and the asso- nomy. Adaptation involves adjust-
focused strategic direction on sus- ciated changes in economic, soc- ing to actual or expected disrup-
tainable economic development. ial and environmental conditions tive change effects. The mitiga-
Global megatrends (Demographic is needed for long-run survival in tion management of disruptive
transitions, Urbanization, Climate businesses. Manufacturing plays a change risk is included as a part of
and resources, Commodity cycles, role in both disruptive changes in the transition making it allowanc-

70 January 2021