Business Revolution in Post-COVID Era: An Evolving Economy Outlook

Jonika Lamba () and Esha Jain
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Jonika Lamba: The NorthCap University
Esha Jain: The NorthCap University

A chapter in Future of Work and Business in Covid-19 Era, 2022, pp 19-30 from Springer

Abstract: Abstract The study has been undertaken to examine the hardship faced by different sectors in the COVID19 pandemic and what remedial course of action has been taken by digital leaders in significant industries to revive their business operations. It was found that presently businesses are required to continuously monitor the market stimulations and remain focused on rapid innovation and try to cater the demands of people in the post-COVID 19 eras, to provide a seamless digital user experience. The study has also highlighted the role of the communication sector in uplifting other sectors in the economy by keeping people connected during the period of crisis. The focus should be on managing this unfortunate crisis by formulating business continuity strategies, cost reduction measures, cloud inventory management, enhanced process mechanization, managing enterprise agility, growing partnering networks, and more.

Keywords: Post-COVID 19; Business; Transformation; Economy; Digitalization (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-981-19-0357-1_3

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DOI: 10.1007/978-981-19-0357-1_3

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