Shri V.P.Nandakumar MD & CEO Manappuram Finance Ltd.
Ever since the outbreak of Covid-19 forced authorities to impose lockdowns and other restrictive measures, organizations around the world have been engaged in a race against time to reinvent and transform themselves and become battle-ready for the “new normal.” The new normal is more than just another jargon; it refers to the altered situation in the world today where many of the old ways of doing things have become irrelevant. The organizational changes to adjust and adapt to the changed ground realities (relating to both economic and social aspects) have created a new challenge for business and industry, i.e. how to respond effectively to this new normal.
Earlier, in this magazine’s September issue, I had written at length in general terms about digitisation and virtualisation in the article titled “Virtualisation is the new Industrialisation”. It now follows that I also highlight what challenges we faced in bringing about change in my own organization, and what the long-term benefits offered by these transformations would be like. To start with, I must clarify that we had embarked on the digitization drive even before the pandemic; in fact, I would say that the demonetization exercise of November 2016 was an earlier trigger point that set in motion this trend towards accelerated digitization.
Denne historien er fra November - December 2020-utgaven av UNIQUE TIMES.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November - December 2020-utgaven av UNIQUE TIMES.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Sri Lanka: The Fantabulous Emerald Island
With its sunkissed beaches, tropical forests, rolling mist-capped hills, magnificent monuments and tantalising cuisine, Sri Lanka has everything to woo visitors
The Beauty Secret in Your Pantry: Rice Water
In the quest for flawless skin and luscious hair, people often turn to exotic, expensive products, not realising that some of the most potent beauty secrets are hidden in their kitchen pantry.
Unleash Your Strength With the Transformative Power of Squats
Imagine a single exercise that can redefine your fitness journey, transform your strength, balance, and overall well-being. Welcome to the world of squats, a fundamental move that packs a punch far beyond its simplicity.
Analyse, Evaluate and Reskill Yourselves!
Knowing your purpose and having clearly set goals will help you have conviction, discernment and focus. Finding your 'why' always helps you find the meaning of what you do, and your life in general.
Virility and its Physical, Emotional and Lifestyle Connections
Regular physical activity, a balanced diet, and maintaining a healthy weight are essential for reducing the risk of ED and related conditions. Men who make healthier lifestyle changes often experience better sexual health and overall well-being.
Union Budget 2024 - A Brief Review Of Some Of The Key Direct Tax Proposals - Part II
The Finance Bill proposed that the long-term capital gains on the ransfer of unlisted securities or shares of a closely held company by non-residents (without payment of STT) on or after July 23, 2024, would increase from 10 percent to 12.5 percent.
Neck pain on the rise among youngsters
The human body is designed to maintain an erect posture. Sleep on your back on a firm mattress and use a small pillow or a cervical pillow. Never sleep in a sitting position or any other compromised position especially when travelling.
Embodiment of Compassionate Leadership: Dr Leema Rose Martin
Leema’s leadership style is a unique blend of administrative skills and a humanitarian outlook. She is a visionary leader who understands that the success of a company is not just measured by its financial performance but also by its impact on society.
Understanding the Recent Surge in Climate Disasters: A Management Perspective
Building durability is not just about physical infrastructure but also about developing adaptive capacities among communities and businesses. Training programmes, public awareness campaigns, and the integration of climate education into curricula are crucial for empowering individuals and institutions to respond effectively to climate threats.
What I Make Out of This Year's Union Budget
It covers the whole gamut of economic planning and aims at making India a Viksit Bharat of citizens with higher disposable income and purchasing power by 2047