Skip to main content
SpringerLink
Log in
Book cover

Future of Work and Business in Covid-19 Era pp 19–30Cite as

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

  • Conference paper
  • First Online:

Part of the book series: Springer Proceedings in Business and Economics ((SPBE))

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.

This is a preview of subscription content, log in via an institution.

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   169.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD   219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

References

  • Allam, Zaheer, and David S. Jones. 2021. Future (post-COVID) digital, smart and sustainable cities in the wake of 6G: Digital twins, immersive realities and new urban economies. Land Use Policy 101: 105201.

    Article  Google Scholar 

  • Almeida, Fernando, José Duarte. Santos, and José Augusto. Monteiro. 2020. The challenges and opportunities in the digitalization of companies in a post-COVID-19 world. IEEE Engineering Management Review 48 (3): 97–103.

    Article  Google Scholar 

  • Anderson, Cindy, Christian Bieck, and Anthony Marshall. 2020. How business is adapting to COVID-19: Executive insights reveal post-pandemic opportunities. Strategy and Leadership.

    Google Scholar 

  • Arora, Pallvi, and Divij Suri. 2020. Redefining, relooking, redesigning, and reincorporating HRD in the post Covid 19 context and thereafter. Human Resource Development International 23 (4): 438–451.

    Article  Google Scholar 

  • Ateljevic, Irena. 2020. Transforming the (tourism) world for good and (re) generating the potential ‘new normal.’ Tourism Geographies 22 (3): 467–475.

    Article  Google Scholar 

  • Brouder, Patrick. 2020. Reset redux: Possible evolutionary pathways towards the transformation of tourism in a COVID-19 world. Tourism Geographies 22 (3): 484–490.

    Article  Google Scholar 

  • Bukhari, Shahid Hussain, and Syed Mussawar Hussain. Bukhari. 2020. The post-corona world and international political landscape: Emerging challenges. Journal of Business and Social Review in Emerging Economies 6 (2): 453–461.

    Article  Google Scholar 

  • Caldecott, Ben. 2020. Defining transition finance and embedding it in the post-Covid-19 recovery. Journal of Sustainable Finance and Investment 1–5.

    Google Scholar 

  • Contipelli, Ernani, and Simona Picciau. 2020. Post-COVID-19: Rebuilding Our Paradigms Through Sustainable Development Goals and the Sufficiency Economy Philosophy. IndraStra Global.

    Google Scholar 

  • Castro, May Portuguez, and Marcela Georgina Gómez Zermeño. 2020. Being an entrepreneur post-COVID-19–resilience in times of crisis: a systematic literature review. Journal of Entrepreneurship in Emerging Economies.

    Google Scholar 

  • Dwivedi, Yogesh K., et al. 2020. Impact of COVID-19 pandemic on information management research and practice: Transforming education, work and life. International Journal of Information Management 55: 102211.

    Article  Google Scholar 

  • Enderwick, Peter, and Peter J. Buckley. 2020. Rising regionalization: Will the post-COVID-19 world see a retreat from globalization?. Transnational Corporations Journal 27(2).

    Google Scholar 

  • Ferrannini, Andrea, et al. 2021. Industrial policy for sustainable human development in the post-Covid19 era. World Development 137: 105215.

    Article  Google Scholar 

  • Ibn-Mohammed, T., et al. 2020. A critical review of the impacts of COVID-19 on the global economy and ecosystems and opportunities for circular economy strategies. Resources, Conservation and Recycling 105169.

    Google Scholar 

  • Jain, Esha. 2020. Analysing the impact of covid-19 on stock market using Fibonacci retracements. ACADEMICIA: an International Multidisciplinary Research Journal 10 (5): 249–265.

    Google Scholar 

  • Jain, Esha, and Jonika Lamba. 2020. COVID 19 and e-banking: Psychological impact on customer preferences in India. Psychology and Education Journal 57 (8): 1160–1169.

    Google Scholar 

  • Jaromír Klemeš, Jiří, Yee Van Fan, and Peng Jiang. 2020. COVID‐19 pandemic facilitating energy transition opportunities. International Journal of Energy Research.

    Google Scholar 

  • Jain, Esha, and Jonika Lamba. 2021. MHRD’s initiative IIC contribution towards innovation in higher educational institutions during COVID 19. IARS’ International Research Journal 11 (1): 63–69.

    Article  Google Scholar 

  • Jain, Esha, and Jonika Lamba. 2021. Management and digitalization strategy for transforming education sector: an emerging gateway persuaded by COVID-19. In Emerging Challenges, Solutions, and Best Practices for Digital Enterprise Transformation, pp. 69–83. IGI Global.

    Google Scholar 

  • Jiang Yangyang, and Jun Wen. 2020. Effects of COVID-19 on hotel marketing and management: A perspective article. International Journal of Contemporary Hospitality Management.

    Google Scholar 

  • Kamal, Muhammad Mustafa. 2020. The triple-edged sword of COVID-19: Understanding the use of digital technologies and the impact of productive, disruptive, and destructive nature of the pandemic. Information Systems Management 37 (4): 310–317.

    Article  Google Scholar 

  • Kathleen R. McNamara, and Abraham L. Newman. 2020. The big reveal: COVID-19 and globalization’s great transformations. International Organization 1–19.

    Google Scholar 

  • Lamba, J., and E. Jain. 2020. Covid-19 pandemic-bountiful for MSMES and Indian economy. Purakala Journal 31 (33): 89–94.

    Google Scholar 

  • Leach, Melissa, et al. 2021. Post-pandemic transformations: How and why COVID-19 requires us to rethink development. World Development 138: 105233.

    Article  Google Scholar 

  • Lee D. Parker, 2020. The COVID-19 office in transition: Cost, efficiency and the social responsibility business case. Accounting, Auditing and Accountability Journal.

    Google Scholar 

  • Milne, Richard, and Alessia Costa. 2020. Disruption and dislocation in post-COVID futures for digital health. Big Data and Society 7 (2): 2053951720949567.

    Article  Google Scholar 

  • Newman, A.O. 2020. Covid, cities and climate: Historical precedents and potential transitions for the new economy. Urban Science 4 (3): 32.

    Article  Google Scholar 

  • Prideaux, Bruce, Michelle Thompson, and Anja Pabel. 2020. Lessons from COVID-19 can prepare global tourism for the economic transformation needed to combat climate change. Tourism Geographies 22 (3): 667–678.

    Article  Google Scholar 

  • Sanjiv Narula, et al. 2021. Modeling and analysis of challenges for industry 4.0 implementation in medical device industry to post COVID-19 scenario. International Journal of Supply and Operations Management.

    Google Scholar 

  • Sharma, Manu, et al. 2020. Developing a framework for enhancing survivability of sustainable supply chains during and post-COVID-19 pandemic. International Journal of Logistics Research and Applications 1–21.

    Google Scholar 

  • Sudhir Rana, et al. 2020. A perspective on the positioning of Indian business schools post COVID-19 pandemic. International Journal of Emerging Markets.

    Google Scholar 

  • Wang, Blair, et al. 2020. Beyond the factory paradigm: Digital nomadism and the digital future (s) of knowledge work post-COVID-19. Journal of the Association for Information Systems 21 (6): 10.

    Google Scholar 

  • Zahra, Shaker A. 2021. International entrepreneurship in the post Covid world. Journal of World Business 56 (1): 101143.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. The NorthCap University, Gurugram, India

    Jonika Lamba & Esha Jain

Authors
  1. Jonika Lamba
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Esha Jain
    View author publications

    You can also search for this author in PubMed Google Scholar

Editor information

Editors and Affiliations

  1. School of Management, KIIT University, Bhubaneswar, Odisha, India

    Rabi Narayan Subudhi

  2. School of Management, KIIT University, Bhubaneswar, Odisha, India

    Sumita Mishra

  3. School of Management, BGL, University of Canberra, Canberra, ACT, Australia

    Abu Saleh

  4. Pennsylvania State University, Harrisburg, PA, USA

    Dariush Khezrimotlagh

Rights and permissions

Reprints and permissions

Copyright information

© 2022 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Lamba, J., Jain, E. (2022). Business Revolution in Post-COVID Era: An Evolving Economy Outlook. In: Subudhi, R.N., Mishra, S., Saleh, A., Khezrimotlagh, D. (eds) Future of Work and Business in Covid-19 Era. Springer Proceedings in Business and Economics. Springer, Singapore. https://doi.org/10.1007/978-981-19-0357-1_3

Download citation

Publish with us

Policies and ethics

Search

Navigation