FHM expert, Prof. Dr. Dr. h.c. Hamid Doost Mohammadian speaks at International Free Webinar Series, Entitled: “Tomorrow’s SMEs (SME 5.0) as Readiness in the World Beyond Covid-19 Pandemic”
It’s a great honor for FHM expert, Prof. Dr. Dr. h.c. Hamid Doost Mohammadian to be invited and appointed as Speaker of the international free webinar_series, on 24th of October 2020, about 11:00 (London Time) organized by the London Institute of Skills Development (LISD), UK
Prof. Dr. Hamid Doost Mohammadian, is Professor for International Sustainability Management and Futurist at Fachhochschule des Mittelstands (FHM) in Germany which is focus on Small Medium Sized Enterprises (SMEs).
His topic is:
“Tomorrow’s SMEs (SME 5.0) as Readiness in the World Beyond Covid-19 Pandemic”
As SMEs are formed more than 95% of businesses all around the World, they play indispensable role within developing economy sustainability as well as environmental and social sustainability. Sustainable and successful SMEs with high productivity and efficiency could develop sustainability in a country towards creating liveable and sustainable living areas. SMEs are introduced as economic backbone of each country through improving inclusive and sustainable economic growth, providing employment and work for all, enhancing sustainable industrialization; even as tool to achieve sustainable development.
The contagion of the COVID-19 presents a major threat to the global economy, education, learning, and the health of millions of people around the world, but its impact the early SMEs of the countries of the outbreak, has been particularly severe. With official figures of so many confirmed cases and over some thousand deaths, it is among the top 10 hardest hit countries. It is also likely to result in massive impact on businesses specifically SMEs which if not addressed promptly and effectively, could lead to economic, education and social unrest in the near future. This contagion throws a spotlight on the interdependencies among business, nature, education, and society. Science ecosystem has been evolved during modern human life. Teaching, learning, education, and doing research connecting elements of this ecosystem include students, professors, administrators and researchers from academia and industry. Different learning systems have been developed in different countries results in various science ecosystems that interact with each other.
They recognize that ending poverty and other deprivations must run with strategies that improve health and education (Work-welfare 5.0). In most economies, educational SMEs play a major role both in job creation and as the source of regeneration and innovation. SMEs in educational sector, by number, dominate the world business and play a particularly important role in developing countries, therefore, developing a robust response to minimize the negative consequences of COVID-19 on educational SMEs will maintain the delivery of critical business processes and protect people and assets. In this speech, Prof. Doost would discuss about tomorrow’s SMEs and contagion of COVID-19 for developing a readiness and continuity education and learning plan.
Prof. Dr. Dr. h.c. Hamid Doost Mohammadian has invented and introduced some new concepts for Small Medium Sized Enterprises (SMEs) in his 5th wave/tomorrow age theory as below:
- Based on the 5th wave theory, the societies’ and city’s economy has changed from a society and urban economy to a data and urban economy, leading to a new concept of the “Tomorrow’s Society/Society 6.0”
- In the Society 6.0, there is another concept of the ‘’Tomorrow’s SMEs (SME 5.0)’’ which is for future shocks to develop a readiness and continuity for future business plan
According to Prof. Doost’s researches’ results, we have the following points for the World Beyond Covid-19 Pandemic:
- The world will change
- Behaviours will change
- Humanity will return
- The economy after the contagion crisis (The Economy is Still Alive and Breathing!)
- The authority/power of most technology companies
- Contagion/outbreak of Covid-19 and reconciliation with technologies
- Privacy risk (Data security) and health risk because of staying at home and doing home office
- Intensification of domestic economic shifts/crises
- Strengthening bonds between people (because of understanding the values that already existed)
- The provision of the health and medical care is evolving. (Medical doctors, nurses, and pharmacies on the front line)
- Resumption of world trade
- To regain the opportunity for living in a better way and prosper the economy
This International webinar series are hosted by London Institute of Skills Development (LISD), U.K. and LISD SIGNATURE WORKSHOPS VENUE are: London School of Economics, University of Oxford, University of Cambridge in UK and Harvard University in Boston, US