A unique feature of Jaipuria School of Business is its Practice Laboratory which consists of five Centres namely Centre for Leadership Excellence, Centre for Creativity and Innovation, Centre for Change and Development, Centre for Diversity and Inclusiveness and Centre for Advanced Data Analytics. This practice laboratory is a shared facility that provides leadership, best practices, research, support and experimental learning for a focused area. Each of the five CoEs is laboratories of experimental and experiential learning. Each Centre is mandated to organize thematic conferences, student seminars and outdoor practice activities led by the students themselves under the watchful guidance of the Faculty Chair of the Centre.
Business Sustainability thrives on leveraging Diversity in the human race and building cultures of excellence around inclusiveness of all the human resources available to the Organization. It is said that those who erect walls around them get buried under that wall. Many empires, dynasties and business organizations have fallen and perished due to their inability to recognize the creative as well as destructive potential of human diversity. For long business managers assumed that diversity and inclusiveness were issues for the society and governments to tackle and the realization of the cardinal sin occurred only after the global economic meltdown that happened shaking the whole world with the collapse of the Lehman Brothers. Banking institutions have woken up and regulators of the market economy have come down heavy upon business, that did not implore the sustainability issues and that failed to act proactively.
The research into accidental sustainability led to the discovery of the strong linkage between respect for diversity and business sustainability in a world fractured by ideologues of intolerance. The growth of capitalism has been capped by intolerance and hatred that is spreading in the larger society making business difficult to thrive. Hence it is necessary to educate and inculcate the value of diversity and inclusiveness among young minds through various events and activities of practice.
In 21st century, enormous amount of data is getting accumulated through the internet application environment. Companies are being valued on the basis of their efficacy in customer-centric data analytical prowess. Data analysis has become predictor of business fortune. Today, the field of data analytics is growing rapidly and “Big Data” has become a buzz word in Business. The whole science of Data Analytics is going through a major transformation right now. This importance is driven by intense market demand and corporates are looking for people who have the skills for mining, imitating and manipulating data and translating it into results.
At JSB’s Centre for Advanced Data Analytics students get the chance to upgrade their analytical skills and develop capabilities to exploit data analytics for solving problems and identifying opportunities so that they can make better business decisions. They learn how to examine large data sets to uncover hidden pattern, unknown relationships, market trends, customer preferences, optimizations of services and other useful business information through live data of an industry.