Sustainable development is a central theme describing the “ability to make development sustainable—to ensure that it meets the needs of the present without compromising the ability of future generations to meet their own needs”. The quest for sustainable development encapsulates the economic, ecological, and social spheres. We are living in an era of increasing crises and risk in all three. Those arising from the environment are more often unpredictable, as the Covid-19 pandemic has so dramatically shown. Covid-19 puts millions of jobs in jeopardy, the economy has begun to sway uncertainly, and soaring financial burdens portend additional problems in the future. Developing countries are particularly vulnerable and will have to adopt innovative policy mechanisms to ensure continued progress towards sustainable development. In what follows, studies on fostering resolutions towards economic resilience become at the top of the pecking order warranting a need for designing correctional policies to revitalise economic activity, create more jobs, reduce poverty, protect the environment, and improve physical and mental health, well-being, and happiness. Such policies will provide the foundation for long-term sustainable development.
The theme of sustainable development is relevant to all fields of business and management. People management, finance, commerce, economics, technology, and marketing all deal with issues and challenges where solutions are urgently sought. For example, people are struggling with insecurity, poverty, and hunger, while economic growth is slowing down. Therefore, it is crucial to create strategies and policies for improving health and education, promoting business, reducing inequality, and spurring economic growth, while tackling issues and challenges of unexpected changes. It is critical to rebuild the economy to withstand the negative effects of exogenous shocks, while conserving the rights and interests of all citizens, so that we can enjoy the wider prosperity and well-being of communities. Business and management have a central role to play in this process.
The International Conference on Contemporary Management brings together scholars, policy makers and practitioners to consider strategies and policies for sustainable development that foster economic resilience at regional, national, and international levels. Each year we look to identify the emerging and fast-moving sustainability issues and challenges we believe will shape sustainable business practice. In 2021, these are not wholly new, but existing issues and challenges that continue to gather momentum, move from the edge to the mainstream, or become the focus of policy and business attention. Some of the primary questions to reflect on and discuss in the conference are: What are the issues and challenges of sustainable development? What strategies and policies would overcome those issues and challenges? What strategies and policies are important for long-term sustainability development? What can we learn from past research, and what issues and challenges are most critical in sustainability research in the future?
The International Conference on Contemporary Management (ICCM)–2021 will highlight a range of interlinked issues and challenges for businesses and management that call for priority attention. Contributions/papers relating to all areas of business and management will be presented in the tracks below: