Hyderabad, March 2 -- Noted academician Prof S Raghunath, Chairman of the Academy of International Business, South Asia Board, and former Dean of IIM Bangalore, said that only a few human beings create institutions that endure across generations, as such institutions are built on purpose, credibility and culture.

Delivering the 14th N J Yasaswy Memorial Lecture at ICFAI, Hyderabad, on the theme "The Legacy Leadership: Building Institutions that Transform Society," Prof Raghunath said N J Yasaswy strongly believed that enduring institutions must rest on a clear sense of purpose, earn credibility over time and nurture a strong value-based culture.

Speaking on the impact of artificial intelligence, Prof. Raghunath observed that the era of pr...