News and knowledge from the UVA Darden School of Business.

Expert

Bidhan L. Parmar

Associate Dean for Faculty Development, Shannon G. Smith Bicentennial Professor of Business Administration

Parmar is an authority on how to make good decisions, focusing on how business leaders make decisions in uncertain environments to create value for stakeholders. His work helps executives better handle ambiguity in their decision-making.

Full Bio

Expertise

Bidhan Bobby Preferred

Insights

Rules define what’s permitted, expected and discouraged at work, yet leaders are rarely trained to design, communicate or enforce them, says UVA Darden Professor Bobby Parmar. He offers six questions to help leaders design and implement rules that encourage thoughtful judgment rather than blind compliance.

Since the pandemic hit, there is more of an imperative than ever to build real organizational and personal resilience. The tools that prove most useful in doing so include purpose, engagement and leadership behaviors — like modeling interpersonal human relatedness and personal growth after adversity.

Despite interest in responsible capitalism, promises on stakeholder value are being tested as COVID-19 scars economies across the globe. Professor Parmar sees a mixture of tensions — including matters of health and safety, stresses of pandemic life, issues of justice and equality — as the acid test for companies’ commitment to the stakeholder model

Darden experts offer some examples of varied workplace functions on which data analytics can have massive impact. It serves, drives and can lead to wild (though methodically so) success in multiple and varied areas of an organization.

A revolution in the way we understand business: It can and should seek to improve the state of the world. In an excerpt from their forthcoming book, Darden Professors R. Edward Freeman and Bidhan L. Parmar, experts in stakeholder theory, discuss models for businesses not solely driven by profit maximization.

To what degree are platform businesses responsible for the actions of their users? This case study examines the action Airbnb took in response to the information that neo-Nazis planned to use its platform to accommodate attendees of the “United the Right” rally in Charlottesville, Virginia.