Post COVID-19 Work Strategies and Implications: Insight on Indian it Sector
Kolluru Mythili (),
Krishnan Kumutha and
Kolluru Shyam Kumar
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Kolluru Mythili: Professional Studies and Undergraduate Dept., College of Banking and Financial Studies; Muscat, Oman
Krishnan Kumutha: Professional Studies and Undergraduate Dept., College of Banking and Financial Studies; Muscat, Oman
Kolluru Shyam Kumar: Global Computer Service L.L.C, Muscat, Oman
Economics, 2021, vol. 9, issue 2, 49-72
Abstract:
The purpose of this paper is to examine the work strategies adopted by leading Indian IT companies post COVID-19 and their institutional and individual level implications. Following the exploratory sequential mixed-method approach, in the first phase, the data were collected from 8 leading IT companies in India to understand the work strategies implemented post COVID -19 to ensure employees’ safety without disrupting client deliverables. In the second phase, the primary qualitative interviews were conducted and selected IT companies’ financial statements with a systematic analysis of financial indicators were used to gauge the impact of new work strategies. The study reveals the selected IT companies were embracing Work-From-Home or Work-From-Anywhere as their work strategies by ensuring little to no disruption, were armed with a host of technology tools that allowed employees’ swathes to new work-norm within hours. The study findings manifold implications of the new work-norm are that it has no negative impact on the companies’ client deliverables and profitability. The paper confirms that the remote-working approach has resulted in reduced carbon footprint, work-life balance, and de-urbanization while identifying the flip side of this approach as the negative impact on team cohesiveness and employee emotional wellbeing. This research confirms the critical lesson learned from COVID-19 is agile companies must plan for a range of incomprehensible contingencies to ensure business continuity and growth. The research findings contribute towards understanding the Indian IT sector experiences in adopting the remote-work strategies and taken as lessons that can be useful for other global IT sectors.
Keywords: Post COVID-19; Work-From-Home; Work-From-Anywhere; work strategies; India; IT sector; remote working; emerging economy; agile; restructuring (search for similar items in EconPapers)
JEL-codes: M10 M14 M15 M16 M20 Y (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:econom:v:9:y:2021:i:2:p:49-72:n:7
DOI: 10.2478/eoik-2021-0014
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