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

In: Future of Work and Business in Covid-19 Era

Author

Listed:
  • Jonika Lamba

    (The NorthCap University)

  • Esha Jain

    (The NorthCap University)

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.

Suggested Citation

  • Jonika Lamba & Esha Jain, 2022. "Business Revolution in Post-COVID Era: An Evolving Economy Outlook," Springer Proceedings in Business and Economics, in: Rabi Narayan Subudhi & Sumita Mishra & Abu Saleh & Dariush Khezrimotlagh (ed.), Future of Work and Business in Covid-19 Era, pages 19-30, Springer.
    • Handle: RePEc:spr:prbchp:978-981-19-0357-1_3
    DOI: 10.1007/978-981-19-0357-1_3
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