The post- pandemic world needs to be envisioned from right now. Actionable insights need be extracted. Companies need to realize the purpose they stand for. This requires a strong commitment to one’s corporate strategy. Value creation too needs a reconsideration away from merely the economic effects, projected around growth rates. Company culture too will need a deliberate push regarding the intention. The management structure most deal with the existing ‘hierarchy of bosses’ mode. Decision making is another area that may require some turbo charging. Companies need also realize that talent recruitment now needs to be fought on a larger scale. This is because it is possibly the most scarce resource. An ecosystem mindset could help us all. Data- rich technology platforms need to be embraced by all. There has never been a time when constant learning has been more critical than it is going to be now.

Source:https://www.mckinsey.com/business-functions/organization/our-insights/reimagining-the-post-pandemic-organization

Uploaded Date:29 May 2020