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Digital transformation, spearheaded by technologies such as Artificial Intelligence, robotics, biotechnology and the Internet of Things, is likely to push societies towards economic and political instability. With most economic structures relying almost entirely on employment – and on employees spending their wages – mass redundancy caused by ever-more efficient tech taking on human roles could throw the system into chaos and significantly widen the gap between the rich and the poor. As politicians scramble to resolve these issues, the resulting decline in taxes and business subsidies is likely to make governing problematic.

How do you keep reflecting in an ever-accelerating society? Robotization and digitization have become commonplace. Especially now, it is important to give direction to the increased volatility, uncertainty, complexity and ambiguity in our lives. This is the message of Sharda Nandram, Associate Professor at the Center for Entrepreneurship & Stewardship at Nyenrode Business Universiteit. She has published three books on this subject.

On October 2nd, India celebrates the 146th birthday of its great leader Mahatma Gandhi, a champion of India’s independence after the second world war. Although the culture of India is very different from that of the Netherlands, in his policy we can nonetheless find important fundamental values that are familiar to Nyenrodians as well.

The paradigm for, notably, listed and other systemic business (including institutional investors) is changing with business stewardship focusing on balanced long term value creation for all stakeholders and aligned with a widely-accepted societal agenda.