Productivity will matter and any kind of historical inefficiencies cannot be carried from now on, in the cost structure of any business model specially in the event where the Top Line is extremely uncertain due to disruptions.
Emergence of new business models would be a dire necessity for majority of industry segments. Be it Retail- shopping malls, Film Industry – cinema theatres, hotels, restaurants & resorts, travel & tourism, sports etc, and many more of such kind.
Identifying ‘ what NOT to DO ‘ will matter the most in challenging times. Redesigning the coping mechanisms coupled with innovation & adaptive mindset and high degree of agility, at all levels will be the key & solution for today’s challenges.
Innovation is the change of form in the mindset. Real task lies in upgrading the mindset of the workforce from “किती काम करतो” to “काय काम करतो” and further extended to “कुठून काम करतो “. “किती” Or “कुठून” needs to be replaced by “काय”…! In other words, a paradigm shift from “time bound input” to “focussed output” will matter the most, at the end of the day.