In the latest edition, Influential Leaders to Follow in India 2023, Insights Success magazine gladly features Dibya Ranjan Dash, CEO, Herbage Personal Care Inc., along with other prominent leaders making a difference across industrial sectors.
1. Vol 08 | 2023
www.insightssuccess.in
Proliferating the Modern Herbal Era of Herbage Personal Care
CEO
Herbage
Personal Care Inc
Leaders
Novel Perspec ves
Power Dynamics of the
Globally Changing
Business Era
Profound Insights
How Global Business Leaders
Can Posi vely Influence
the Industrial Future?
2. What you aim at
determines what you see.
- Jordan Peterson
5. ndia, a land rich in diversity, innovation, and profound
Ileadership, has always been home to trailblazing
figures who leave an indelible mark on the nation's
trajectory. As we tread into future, it's crucial to recognize
the powerful voices steering India's growth across various
domains. These influential leaders, beacons of change and
progress, encapsulate diverse ideologies and expertise,
shaping the country's socio-economic landscape with their
visionary ideas and transformative actions.
Among these influential leaders are visionaries embracing
innovation as a catalyst for growth. Their keen
understanding of emerging technologies and their potential
impact on industries propels India toward becoming a
global innovation hub. These leaders drive technological
revolutions, fostering an ecosystem ripe for groundbreaking
advancements across sectors like fintech, healthcare,
education, and renewable energy.
In India's narrative, influential leaders are also synonymous
with those championing social causes and societal reforms.
Their relentless dedication to issues like gender equality,
education accessibility, poverty alleviation, and
environmental sustainability sparks nationwide movements,
catalyzing progressive changes and empowering
marginalized communities.
The economic landscape of India thrives under the guidance
of business moguls and entrepreneurial geniuses. These
leaders spearhead corporate giants, disrupt industries, and
navigate the ever-evolving market, driving economic
growth, fostering job creation, and setting benchmarks for
business excellence.
In the political arena, a league of influential leaders is
steering India's governance with vision and policy-making
prowess. Their strategic decisions and commitment to
inclusive governance redefine the country's socio-political
fabric, shaping the nation's global standing and diplomatic
relations.
In the midst of these realms, these influential figures inspire
hope, innovation, and progress. Their leadership isn't just
confined to their respective domains but resonates across
borders, motivating the youth, fostering a culture of
innovation, and setting unprecedented standards of
excellence.
As we embark on this Insights Success's journey through
the edition ' ,'
Influential Leaders to Follow in India 2023
let us recognize and celebrate them, for they are the
architects of India's metamorphosis and the harbingers of a
brighter, more prosperous future.
7. Articles
C o n t e n t
Power Dynamics of the
Globally Changing
Business Era
How Global Business Leaders
Can Positively Influence
the Industrial Future?
Novel Perspectives
Profound Insights
18
14
22
26
Jus n Cherian
The Gamechanger in Human Resource Solu ons
Proles
8.
9. Company Brief
Through Herbage Personal Care, Dibya always strives to produce
best quality products at an affordable cost and offer prompt service
for an all round development of natural products over the globe.
inQsights was started by Anand with the core belief that Human Resource
functions and decisions need to leverage analytics better and successfully
delivers value by integrating consulting advice, analytics and technology.
Technocrat Anshul provides videos to tell people about interior design ideas
for their homes. With the videos, people can get the best design ideas for the
interiors as well as the knowledge of how to make a house a dream home.
Dibya Ranjan Dash,
CEO
Anand Justin Cherian,
Principal
Anshul Bansal,
Founder
Herbage Personal Care Inc
inQsights
Technocrat Anshul
Yash Parini established House of Gaming to provide a competitive E-sport
platform for tournament organisers, players, and their spectators.
Yash Pariani,
CEO
House of Gaming
Featuring
Paavan Nanda,
CEO and Co-founder
WinZo Games
Paavan Nanda's WinZO is India's biggest gaming platform with
100+ games and 12 Languages with over 150 million users.
Leaders
10. Proliferating the Modern Herbal Era of Herbage Personal Care
Mr Dibya Ranjan Dash presents
natural medicines in an ultra-modern
form to serve the ailing humanity
with outstanding results that too
without exposing other systems
of the body towards unwanted effects.
12. We always have choices. Not only to be or not to
be, but also how to be. There had been an
Eastern way of living in the embrace of nature.
In-synced with the natural ecosystem of Mother Earth, the
provider of everything, all our ancestors lived in harmony
with nature. They used natural things for everything, from
eating and learning to treating their diseases, illnesses,
sicknesses, and disorders, to healing in an organic way.
They called it Ayurveda – a combination of traditional
Indian and Chinese medicines; Siddha; Unani; Yoga;
Naturopathy; Homoeopathy; and Sowa Rigpa.
In modern times, scientifically and economically backed
Western medicines succeeded in promising and convincing
a large part of the population to replace these Eastern
systems with quick-relief-giving Allopathic healthcare
systems. The recent COVID pandemic compelled everyone
to consider the limitations and severe side effects of
chemically induced allopathic medicines.
Mighty scientific and research-oriented minds are taking a
renewed look at all these ancient systems again and finding
novel ways to combine them with allopathic methods to
create a sustainably healthier way of life. Dibya Ranjan
Dash, being the CEO of Herbage Personal Care Inc-
www.herbageherbal.com, for the last 19 years and eight
months–since 2004–has been keenly observing this shift in
the global perspectives. He always felt in his heart that
herbal is the better way of treating one’s personal and
healthcare.
Striving for Global Wellness
Thus, Mr Dibya saw the world turning towards nature for
the solution of its health and beauty problems, which is
evident from the current orientation of the modern world
towards the exploration of herbal wealth intending to
develop safe and natural alternatives to replace toxic drugs
and cosmetics.
Mr Dibya says that human beings have traditionally used
thousands of herbs since antiquity in the management of
health and personal care problems. There is a need to
integrate modern science and traditional herbal remedies to
have better and safe personal care/beauty products for the
benefit of humankind.
Keeping this objective in mind the excitement and
stimulation of creating something new of his own, Mr
Dibya – a self-motivated entrepreneur, postgraduate in
physics from Ravenshaw College, Cuttack and MTech in
Cosmetology decided to call the short of having a herbal
cosmetics manufacturing company in Bhubaneswar itself.
Transforming Indian Heritage into Modern Healthcare
According to Mr Dibya, with the prime motto of
‘Committed to Produce Quality Herbal-Ayurvedic
Formulations,’ Herbage Herbals is continuously striving to
produce the highest quality products at an affordable cost
and offer prompt service for the all-round development of
natural products over the globe.
He adds, “We are not leaving a stone unturned for making
the perfect blend of most advanced manufacturing
infrastructure and truly dedicated research. This helps us
present the natural medicines in an ultra-modern form to
serve the ailing humanity with outstanding results that too
without exposing other systems of the body towards
unwanted effects.”
He furthers that their mission is:
Ÿ Striving for global wellness through herbal health care
products.
Ÿ Reach worldwide markets.
Ÿ Translate the rich heritage of India into modern world-
class health care and personal care products.
Ÿ Ensure sustained satisfaction for all our customers,
employees and stakeholders.
Fostering A Herbal Way of Living
“Our speciality is that we are the pioneers in formulating
and promoting herbal products in the key health segments
with a definite rationale behind them. Our dynamic
strategies have enabled us to promote our products in
modern medical language with dynamic strategies,” puts
Mr Dibya, adding that this has resulted in a significant
demand for their products in the domestic market in a short
duration.
At Herbage Personal Care, Mr Dibya’s job starts from
procuring raw materials to despatching finished goods. “We
are an eastern-based company involved in cosmetics
manufacturing. Besides our brand Herbage, we are also
involved in contract manufacturing for several companies.”
The product marketing and promotion of Herbage brands
are also included in his job profile. Mr Dibya and his team
run different types of state-of-the-art technologies and
Influential Leaders to Follow in India 2023
13. With the prime motto of ‘Committed to Produce Quality
Herbal-Ayurvedic Formulations,’ Herbage Herbals is
continuously striving to produce the highest quality products
at an affordable cost.
14. approaches, like using nanotechnology ingredients to
sophisticated vendor appraisal systems.
The Dashing Leadership of an Enlightened Spirit
A Postgraduate in Physics from Utkal University, Mr Dibya
was involved in many student activities. He won Chancellor
Cup for debating and received hundreds of certificates for
debating, essay-writing, and quiz competition.
Mr Dibya was also the Seminar Secretary during his post-
graduation period.
Today, apart from being the CEO of the brand Herbage, Mr
Dibya is
Ÿ A faculty member in physics at different engineering
colleges in Orissa.
Our speciality is that
we are the pioneers in
formulating and
promoting herbal
products in the key
health segments with
the definite rationale
behind them.
15. Ÿ Consultant for many Hi-tech industries like CD
replication units, offset printing units, and more.
Ÿ Guest faculty in different management colleges as a
practising entrepreneur.
Ÿ Advisor in reputed software training firms in
Bhubaneswar and Kolkata.
Thus, in the dynamic landscape of India’s ever-evolving
socio-economic and political scenario, Mr Dibya is
emerging as an individual who possesses the vision,
determination, and leadership qualities to inspire and guide
the nation towards progress. A visionary with a remarkable
track record, Mr Dibya has emerged as a guiding light,
showcasing exceptional leadership skills and a deep
commitment to the betterment of India.
On a Mission of Sustainable Development
With a career spanning educational, entrepreneurial, Hi-
tech, software, and herbal products sectors, Mr Dibya’s
influence has left an indelible mark on various spheres of
Indian society. As a seasoned entrepreneur, his ventures
have not only driven economic growth but have also
created employment opportunities, contributing to the
nation’s goal of sustainable development. Moreover, his
unwavering commitment to social causes has been evident
through his philanthropic endeavours, fostering positive
change in education, healthcare, and community
development.
Mr Dibya’s leadership style is defined by his ability to
foster collaboration and inspire innovation. His inclusive
approach encourages diverse perspectives, fostering an
environment where ideas flourish, and solutions emerge.
This has earned him admiration not only from his peers but
also from the younger generation, who see him as a role
model to emulate.
A Catalyst of Positive Change
In the realm of public discourse, Mr Dibya’s articulate
communication and thought-provoking insights have
garnered him a substantial following. Whether addressing
economic challenges, technological advancements, or
organic issues, his entrepreneurial and leadership acumen
resonate with a wide audience, igniting meaningful
dialogues and catalyzing change.
As we navigate the complexities of the modern world,
influential leaders like Mr Dibya Ranjan Dash offer a
beacon of hope and direction. Through his actions and
words, Mr Dibya is inspiring the nation to strive for
excellence, embrace change, and work towards a future that
is prosperous, inclusive, and harmonious.
A Healthiest Future for Humankind
As he delves into his future journey with a pool of
contributions, it becomes evident that Mr Dibya’s
leadership is a force to be reckoned with, and his influence
will undoubtedly continue to shape India’s path forward in
the coming times.
For more information about Herbal Personal Care and the
numerous exciting products offered by it, please click on
www.herbageherbal.com, or email at
info@herbageherbal.com ceo@herbageherbal.com
or or
,
connect @ +91 (0) 674 2579310, 9861444010.
Herbage Herbals is not leaving
a stone unturned for making the
perfect blend of most advanced
manufacturing infrastructure and
truly dedicated research.
16. The world is currently experiencing a profound shift
in the business landscape, driven by technological
advancements, globalization, and changing
consumer behaviours. This transformation has given rise to
a new era of global business, characterized by intricate
power dynamics that impact businesses, governments, and
societies worldwide.
The 21st century has witnessed a transformative shift in the
business landscape, driven by rapid globalization and
advancements in technology. As borders blur and markets
intertwine, the dynamics of power in the business world
have evolved significantly. Traditional hierarchies are being
reshaped, and new players are emerging on the global stage.
The power dynamics are shaping the way companies and
nations assert influence and navigate the complex terrain of
international commerce. By exploring the key elements
influencing the power dynamics of this globally changing
business era, we will understand how organizations can
navigate the challenges and capitalize on the opportunities
presented.
The Rise of Emerging Economies
The economic rise of several countries, notably China,
India, Brazil, and others, has fundamentally altered the
balance of power in the global business landscape.
These emerging economies are transforming into influential
players, not only as sources of cheap labour but also as
significant consumers and innovators. As they gain
momentum, traditional economic powerhouses must adapt
to the changing dynamics and engage in strategic
collaborations to remain competitive.
Globalization and Multinational Corporations
Globalization has revolutionized the way businesses
operate, enabling them to transcend geographic boundaries
and expand their reach to international markets.
Multinational corporations (MNCs) have emerged as
influential players, wielding significant economic power
and impacting local economies. MNCs' ability to access
cheap labour, natural resources, and tax incentives in
various regions has led to complex power dynamics
between these corporations and nation-states. Governments
often vie for MNC investments, leading to potential
tensions over regulatory policies and tax incentives.
Technological Advancements and Digital Disruption
Technological advancements, particularly in the realms of
artificial intelligence, big data, and automation, have
reshaped industries, business models, and job markets. The
rapid digitization of businesses has resulted in a surge of
of the
Changing Business
Changing Business
14 | www.insightssuccess.in | August 2023
18. data-driven decision-making, granting companies with
powerful insights into consumer behaviour and market
trends. As a consequence, businesses that can harness the
power of data and adopt disruptive technologies gain a
competitive edge, potentially increasing their influence and
market dominance. Advancements in technology have
democratized access to information and levelled the playing
field for businesses of all sizes. Startups and small
companies can now compete with established giants on a
global scale, provided they harness the potential of
technology effectively. Consequently, traditional business
hierarchies are being challenged as nimbler, tech-savvy
enterprises disrupt industries and markets.
The Global Network Effect
The interconnectedness of the world through the internet
and digital communication has amplified the network effect.
Companies with vast networks can leverage their
connections to influence markets, sway public opinion, and
drive trends. Social media, in particular, has become a
potent tool for shaping public discourse and consumer
behaviour, granting immense power to those who can
master the art of online engagement.
Consumer Empowerment and Social Responsibility
In this era, consumers have become more informed,
empowered, and socially conscious. Social media and
digital connectivity enable consumers to demand
transparency, ethical practices, and sustainability from
businesses. As a result, companies that prioritize social and
environmental responsibility can attract a loyal customer
base, positively impacting their brand image and influence.
Shifting Economic Power
The globally changing business landscape has brought
about shifts in economic power. Emerging economies, such
as China, India, Brazil, and others, have risen to
prominence, challenging the traditional economic
dominance of Western countries. This redistribution of
economic power has significant implications for global
trade, investment, and geopolitical dynamics, with new
alliances and partnerships forming between nations and
regions.
Government Regulations and Trade Policies
In response to the changing business landscape,
governments are continuously adapting their regulations
and trade policies to maintain competitiveness and protect
domestic industries. Trade wars and protectionist measures
between major economies can disrupt global supply chains
and influence market dynamics, leading to uncertainties for
businesses operating across borders.
*Navigating Challenges and Capitalizing on
Opportunities
The globally changing business era presents both
challenges and opportunities for businesses worldwide.
Navigating the power dynamics requires adaptability,
innovation, and a commitment to social and environmental
responsibility.
Adaptability and Agility
Businesses must be adaptable and agile to respond
effectively to rapidly changing market conditions.
Embracing a culture of innovation and encouraging
continuous learning allows companies to stay ahead of the
curve and seize emerging opportunities.
Embrace Digital Transformation
Incorporating digital technologies into core business
processes can enhance efficiency, optimize decision-
making, and unlock new revenue streams. Adopting
automation, artificial intelligence, and data analytics can
provide valuable insights that drive competitive advantages.
Foster Social Responsibility
Prioritizing social and environmental responsibility not only
strengthens a company's brand reputation but also builds
trust with consumers and stakeholders. Aligning business
strategies with sustainability goals can yield long-term
benefits and reinforce the company's influence.
Build Strategic Partnerships
In the face of geopolitical uncertainties and economic
power shifts, strategic partnerships with local businesses
and organizations can provide businesses with valuable
insights and help navigate unfamiliar markets.
Embracing technology, fostering strategic partnerships,
and understanding the evolving global economic landscape
are essential steps in staying competitive and influential in
this transformative era of business.
16 | www.insightssuccess.in | August 2023
19.
20. Anand Jus n Cherian
Principal
18 | www.insightssuccess.in | August 2023
21. mployees form an integral part of any organization
Efor their important role in mobilizing every
function through their skills and comprehensive
acumen. Hence, it becomes essential for every business
organization to have profound human resource strategies for
the sustenance and growth of the business.
However, the company's management does feel the heat of
certain challenging situations, which can be disruptive to
business operations and the organization culture. Hence, it
becomes essential to hire experienced human resource
consultants who can provide effective employee
management solutions in creating long-term systems that
not only streamline the organization structure but also build
talent pipelines to make the business more future-ready.
Anand Justin Cherian, Principal of inQsights, stands to
the testimony of professional HR consultants who support
business organizations in building and developing a robust
HR architecture with the objective of enabling a continuum
of progress.
Justin, an MBA from IIM Calcutta, has over 12 of diverse
experience in various dimensions of HR, which include
talent management, learning and development, organization
design, and more. His dynamic and creative approach
brings in powerful analytics, encouraging ideas and
deployment skills for his team.
Justin started his corporate career with the corporate
learning and organization development team in Essar,
India's renowned infrastructure organization; before
teaming up with Inqubex - inQsights. An avid lover of arts
including music, painting, and photography; Anand has
been instrumental in crafting customized and scalable
solutions for various business organizations in scaling the
desired progress to achieving their goals in the modern
business arena.
In a brief interview with the Insights Success team, Anand
Justin Cherian shared valuable facts highlighting his
professional journey, his experiences, and how he made
important decisions in the process of offering effective
human resource solutions.
Anand. please tell us about the saga of inQsights since
its inception.
As an idea, inQsights started taking shape sometime around
2017-18, when we (at Inqubex) found ourselves working on
several productivity improvement assignments, all of which
entailed a certain amount of data analysis and visualization.
Working with an Analyst across the different projects, we
toyed with the idea of automating the analysis in a manner
that would be fungible across organizations. Though we
brainstormed a bit, the flood of projects meant we got
pulled into more immediate priorities, and this idea
remained dormant till we, like the rest of the world, were
shaken up by COVID-19.
The pandemic and the resulting lockdown gave us a
moment to reflect on our organizational journey and pushed
us to think more actively about enhancing our consulting
offerings with the power of technology. From there, it was
an incredible adventure with its fair share of highs and lows
till we got in place a suite of HR Tech tools early this year
and went live with inQsights.
Jus n Cherian
The Gamechanger in Human Resource Solu ons
19 | www.insightssuccess.in | August 2023
Influential Leaders to Follow in India 2023
22. As consultants at Inqubex,
we always work as
extensions of our client HR
teams, and we have carried
the same ethos forward
with the HR Tech offerings
of inQsights as well.
teams, and we have carried the same ethos forward with
inQsights as well.
What are the USPs that highlight inQsights' uniqueness
in the Human Resource Management sector?
Firstly, inQsights offers an array of easy-to-deploy, cloud-
based HR Tech tools. So, there are no elaborate IT system
integration efforts needed, no complex project
management–just simple solutions to complex problems.
That brings me to the second highlight – the offerings
address diverse HR Management needs – from organization
productivity to talent assessments, to employee engagement
and more. We are a one-stop shop for needs across the
employee lifecycle and deliver our solutions seamlessly,
combining technology with our legacy strengths in
consulting.
As an experienced professional, what would you like to
advise the budding aspirants willing to enter the modern
business arena?
All I'll say is that there is a lot more to starting up and
running a sustainable business than funding fairy tales that
go viral on social media. If you have a sound value
proposition for your clients and a good team to help you
deliver the same, then it's a matter of time before things
click – of course, with tonnes of hard work and some
sleepless nights to make things interesting.
How do you envision your company's operations with
the emerging technologies and automated tools that are
revolutionizing the business world by enabling
innovations?
inQsights itself aims to make data and technology a more
active part of a function that has traditionally lagged on this
front. Technology is a great enabler; however, I don't see it
as driving innovation in isolation or replacing human
intelligence anytime soon. We still need smart practitioners
to derive maximum impact from the technology. I am
fascinated at the potential of what can be achieved when
HR Tech-enabled insights meet HR practitioners with the
skill and will to make things happen. It's a great time to be
part of this journey!
Tell us about your source of inspiration behind
venturing into the business arena?
Well, I called myself a fossil at Inqubex, the parent
Consulting firm behind inQsights, having joined it back in
2013. The challenge of building a new business from
scratch, that too in the exciting HR Tech space, was too
interesting to pass!
What were the initial challenges that you had to
surmount to ensure inQsights' success rate reached
greater heights?
The first challenge was internal for me—the shift from a
Consulting mindset—where the answer to most answers is
'It depends, to a more productized and scalable construct,
took some effort. That bridge, however, was more or less
crossed in the course of the product development.’
Our strong experience base, which forms the basis for the
tech portfolio, together with the space we have left for tool
customization and configuration for unique client needs,
gives me the confidence to pitch our HR Tech solutions to
organizations across sectors.
What professional values and qualities do you think
your clients value in you and inQsights the most?
I think clients like us for our straight-talking and
implementation-focused approach to partnership. As
consultants, we always work as extensions of our client HR
20 | www.insightssuccess.in | August 2023
23.
24. In an ever-evolving global landscape, business leaders
play a crucial role in shaping the industrial future. As
the world faces pressing challenges such as climate
change, resource depletion, and technological disruption,
the decisions made by these leaders hold the potential to
either perpetuate detrimental practices or drive positive
change.
As we navigate the complexities of the 21st-century
business landscape, global leaders find themselves uniquely
positioned to shape the industrial future positively. These
leaders' decisions and actions can significantly impact their
organizations, the broader society, and the environment. By
finding out key strategies that global business leaders can
adopt, we will see how they can leverage their influence
and expertise to create a more sustainable, inclusive, and
innovative industrial future.
Global
Business Leaders
Can Positively Influence
the
Industrial Future ?
22 | www.insightssuccess.in | August 2023
25. and resource depletion.
Fostering Positive Influence
Also, global business leaders must recognize the urgency of
sustainability in the face of environmental and societal
challenges. Integrating sustainable practices into their
operations can positively influence the industrial future.
This involves adopting eco-friendly manufacturing
processes, reducing carbon footprints, optimizing resource
use, and investing in renewable energy
sources. Embracing
sustainability enhances a
company's reputation,
stimulates innovation,
and fosters a
healthier planet
for future
generations.
Embrace Sustainability as a Core Value
Sustainability is no longer just a buzzword; businesses must
thrive long-term. Global leaders can lead by example and
integrate sustainability into their corporate DNA. By
adopting environmentally responsible practices, such as
reducing carbon emissions, optimizing resource usage,
and embracing circular economy principles, they can
mitigate the negative impact of industrialization on
the planet. Furthermore, they can inspire other
companies to follow suit and collectively address
pressing global challenges like climate change
23 August 2023
| www.insightssuccess.in |
26. Champion Ethical Business Practices
Integrity and ethics should be at the forefront of every
global business leader's decision-making process. Uphold-
ing a strong ethical framework ensures fair treatment of
employees, suppliers, and customers. Transparency in
business operations, responsible sourcing, and compliance
with international labour standards contribute to building
trust and loyalty, essential components for long-term
success in an increasingly interconnected world.
Foster Innovation and Adaptation
Innovation is a key driver of success in the rapidly changing
industrial landscape. Global business leaders must encour-
age a culture of creativity and continuous improvement.
Embracing disruptive technologies and seeking novel
solutions to complex problems can set the stage for
industry-wide transformation. Adapting to emerging trends
and market shifts ensures that companies remain relevant
and competitive in the face of uncertainty.
Promote Diversity and Inclusivity
Diversity and inclusivity are social imperatives and
essential drivers of innovation and success in the business
world. Global business leaders must actively foster a
culture that celebrates diversity and ensures equal opportu-
nities for all employees, irrespective of their backgrounds.
By embracing a diverse workforce, businesses can tap into
a wider range of perspectives, ideas, and talents, thus
fostering creativity and enhancing problem-solving
capabilities.
Invest in Skills Development and Education
As industries evolve at an unprecedented pace, the demand
for a skilled and adaptable workforce grows exponentially.
Business leaders can play a pivotal role in shaping the
industrial future by investing in skills development and
education initiatives. Collaborating with educational
institutions, governments, and other stakeholders can help
equip the workforce with the skills needed to thrive in the
digital age. Moreover, nurturing a culture of continuous
learning within their organizations will empower employees
to stay relevant and contribute to future industry advance-
ments.
Champion Ethical Business Practices
Ethical business practices are the cornerstone of a sustain-
able and resilient industrial future. Global leaders must
demonstrate an unwavering commitment to integrity,
transparency, and fair business dealings. This includes
avoiding corruption, exploitative labour practices, and
unethical behaviour. By upholding high ethical standards,
leaders can inspire trust among stakeholders, including
customers, investors, and employees, strengthening their
brand reputation and fostering long-term relationships.
Embrace Technological Advancements Responsibly
Technology is a powerful enabler of progress but poses
significant challenges regarding job displacement and
privacy concerns. Global business leaders are responsible
for embracing technological advancements while ensuring
that the benefits are shared equitably among all stake-
holders. This may involve investing in reskilling programs
for employees affected by automation, prioritizing data
privacy and security, and promoting responsible AI and
machine learning applications.
Collaborate and Share Knowledge
No business or industry operates in isolation. Global
business leaders can positively influence the industrial
future by fostering a collaborative ecosystem where
knowledge, best practices, and innovations are shared
freely. Leaders can tackle complex global issues more
effectively and drive collective progress through partner-
ships with competitors, suppliers, governments, and non-
governmental organizations.
In shaping the industrial future, global business leaders
have the power and responsibility to drive positive change
worldwide. The business future is rife with challenges and
opportunities, and international corporate leaders can drive
positive change on a monumental scale.
By embracing sustainability, championing ethical practices,
fostering innovation, investing in workforce development,
collaborating with others, promoting responsible supply
chains, and engaging in policymaking, these leaders can
pave the way for a future that is sustainable, inclusive, and
prosperous for all. As they align their business strategies
with societal needs, they contribute to their success and the
collective advancement of humanity.
24 | www.insightssuccess.in | August 2023