IIMB expert on the impact of COVID-19 on human resource management

The eleventh episode of the series featured a conversation with Dr. Vasanthi Srinivisan, Chair, Digital Learning at IIMB and Professor in the area of Organizational Behavior and Human Resource Management. Prof. Vasanthi Srinivisan discussed HR and people management issues in the virtual world. 

COVID-19 has impacted business in more ways than one. One significant impact is the way people work. From a face-to-face interaction in office to staring at each other over patchy virtual calls, things have changed and how! The podcast touched on how this sudden change in work culture has affected the wellbeing of employees and what can organizations do to steer this transition smoothly. Prof. Vasanthi Srinivasan drew attention to the new buzzword – Phygital (Physical + Digital), wherein while individual work can be done from home, collaborative work requires employees to work from the office. Observing that the ‘work from home’ culture is here to stay, she pointed out that technology can be leveraged to mitigate the stress factor. “Companies which are resilient performed better during the pandemic. Therefore, restructuring exercises will now be focused towards building resilient organizations over the efficient ones. Resilience is a higher order capability while efficiency is a lower order capability. Organizations would need to focus on both and strategize the restructuring accordingly,” she explained.

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