Pandemic and Organization Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

Pandemic and Organization Case Solution

Threat: The main threat of humans in the pandemic was getting panic. They had the negative

aspect surrounding them and every situation made them at risk of losing a life. People were

getting under stress because of normal temperature and they had the mindset of fear in

everysituation.

Science Communication: Communication and the interaction of people were more

harmful and created depression among them. Conspiracy theories and fake news were

circulated to give thehype of negativity. Human behavior was becoming irrational in the

pandemic.

Social Context: The viral news and transmissions made the situation more adverse and

people were having different behavior according to their beliefs and norms. The negative

thoughts were spreading throughout the world.

Stress and Coping: Social distancing and isolation created stress and depression among

people. Less connection and social distancing made everyone disturbed psychologically

and it made the situation more adverse. People were having no excitement in life and

everyone got offish behavior.

4.1 Planning:

For changing the leadership styles and the ways of motivating the employees, the leaders

have undergone the different phases and re-planned the existing strategies to enter the new

phase.

For this purpose, attributes were changed and reshaped. The ‘Recover’ phase has the attributes of

reshaping the strategies

The outcomes reflected from the study indicates the strategies and tools which were applied by the organizations to be sustain and survive in the worst situation of pandemic. The main issue is the life of the employees that how they faced the hurdles and tried to do reduction of it in order to stable in the severe circumstances.The competitive advantage is now the prime point for every firm, and they work to attain it (Korinek, 2017).

Especially taken into consideration the where the high ratio of laborers was left out of jobs but soon after another thing begins that was the demand in the labor because the developing countries that were developed the European all those they started to order a heavy number of orders in Asian countries.

Organizational Change after the Pandemic

The industry concentration altered incorporate competition strategy because the pandemic made the companies more likely to advance themselves. Every organization made the strategies to make its operations and business practices better and competitive. Organizations focused on leadership techniques to overcome any challenge and optimism and realistic techniques like Charisma. Leaders tried to facilitate the employees and the job crafting ideas were discussed with the employees in the organizations.

5.1 Market Concentration

Covid-19 has created an increase in market concentration and because of the high competition of companies in the market. The customer’s involvement increases more and that leads to high market competition. Moreover, the post-pandemic crises made the economies down but also the threat to the companies of high competition in the industry. More likely pricing strategy, targeted customer, and marketing strategies are changed after the pandemic. This is the main cause of the increase in market consideration.

The companies started the three main elements to operate nowadays. The most important thing is who we are and what are the main competencies we possess. What are the strengths us and our market capitalization? The other element is how do we operate in the market and what are our business operations? Where we are standing in the contemporary business world. What are the tools and tactics we are applying? The last factor is how can we grow in the competitive world and what are the best ways to improve the business operations.

The aforementioned factors changed the organizational structure and the way of companies make the strategies to complete their long-term objectives.

The economists were predicting the high loss expected to be incurred in the economy because of the pandemic and the textile industry was aware of the fact that it had to make the organizational structure much better and highly efficient to face such obstacles. The situation was uncontrollable and unpredictable. The strategies were made by the firms to be proactive to face the worst condition.

The solution for the issues must be sorted out under the leadership techniques which must be analyzed before the solution and according to the theories and framework the discussion is done among the leading members and further discussed in the peer groups. For this purpose, a large analysis is done and the possible outcomes analyzed must be coherent with the organizational problems (Ben Ramalingam, 2020)

The most important factor is the analysis of Covid-19 which affected not just socially but also economically... The 4 A’s are analyzed for this purpose.

Anticipation: This implies the future scenario and what will be happening in the upcoming times. The effect on people socially and emotionally

Articulation: To analyze the need and the supportive methods or framework to solve any mishap

Adaptation: Adaptation describes the possible remedies of the proposed issues and how they will be tackled?

Accountability: This helps in making the right decisions and accountability of the expected issues and how the monitoring and controlling could be done over it.

Impact of work from home on employee’s mental health

After work from home culture, employees are now reluctant to come office and do their job physically. Employees were not aware of the ways and possibilities of doing their job from home. But after Covid-19; employees got to know that they can work from home. Especially females were more in favor of doing their job virtually rather than coming top office and fulfil their job responsibility. Employees now go on leaves and tell that they will be working from home. Mentally they are well aware of the fact that they can manage work from home.

6. Conclusion

The study consists of overall strategies, tools, and tactics which businesses are applying nowadays in the real world. The giant firms in the world have made a vast competition in the international business and trade. The competitive advantage is now the prime point for every firm and they work to attain it. The other important part of this study is that how the organizational structure changed and the virtual setup was created in the contemporary business practices. The market growth strategies are used and the theories are applied to expand the business. Moreover, the modern world does not just emphasize selling and revenue-generating. The mega company’s work on retaining their employees and motivated them in the severe pandemic. The idea generated that employee is your asset and asset gives you to increase your capital. Employee engagement is the most important practice of giant companies. They keep their employees satisfied and provide them with the best environment. Moreover, the role of leaders and managers was high to make the employees productive and create the significant working environment. The staffs were given relief from work and the WFH system was started to maintain the social distancing. The continuous innovation started in the global business operations. However, the pandemic has impacted the overall financial performance of businesses. It is because the company’s revenue declined by almost 3.4% during the first quarter of 2020 in the world. The major reason behind such decline is the pandemic. Moreover, another strategic challenge for the leaders and the mangers in the increasing costs in organization by automation and virtual setups.

Many companies had laid off undisclosed number of workers in order to cut the payroll cost. The strict lockdown impositions have started the online and home-based work structures to be followed by the organization. Currently, 95% of employees are working remotely. Despite increasing cost structures and declining profitability, the company’s CEO believes that the pandemic has not only created challenges but opportunities too. Moreover, the businesses have has been actively engaged in responding the evolving needs by employing the operations, culture and optimizing the decision-making process.

Recommendations:

The proposed recommendations for the organizations to work in the challenging business world and create an edge by making the best business operations in short term and long term by making the strategic management efficient and active. The most important challenge is the lack of assessment and the strategic thinking because it creates opportunities if done strategically. An organization can have the growth and expansion if it has the strategically thinkers. The actions must be done according to the strategic decisions. The main challenge for the organization is to act according to the developed strategies. The other challenge arises when the organizations have to influence its stakeholders by making the appropriate strategies. The influence can attract the stakeholders and involve them by making the policies and standard rules according to the complete scenario and formulating the well-structured strategies by top management. Though this strategic initiative, businesses can perform more efficiently, but it requires a huge level of transformation to be followed within the whole organization. The leader must take strict actions by taking severe risks and measures in motivating the employees...........................

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