O2 for Corporates

 


Oxygen for every company is the cash flow and profit. Mostly all will have their own goals and the end result is to achieve profitability and few social responsibilities in India. Goals are set for achieving their long-term goals.


Last 18 months we had 2 consecutive pandemic waves, which have affected the oxygen of most of the corporates, that is the cash flow. During the first wave, it has taken a lot of measures to safeguard the cash flow for a positive balance sheet. But during the second wave, there is no much room for cost-cutting. Moreover, there are a lot of casualties in all corporates or got affected directly / family of the employee. This has made most of the corporate to rethink the immediate goal of the corporate

1. Human Resource: Companies have given much attention to the health of employees and support morally to overcome this second wave. They have released that without human resources it will be difficult to reach the long-term goal.

2. Human Skill: Due to technological advancement there are new methods of software to automate the process in corporates. But Human skills like direct interaction cannot be replaced with any new technologies in most of the areas. Corporates have the focus or utilized this time to improve the human skill , when humans are sharp they can learn other technical skills faster

3. Remove fear: Already there was a fear in the society due to these waves.  When fear is in the mind then the decision-making process will not be accurate and a lot of actual facts will not be brought to discussion due to fear.

4. Healthy tips: Health tips were mostly given by family members, They are mostly emotionally attached and want their family members to be healthy. Corporates normally give assistance like medical and insurance to employees. During this time lot of top management has directly affected or their family members have been affected like other employees. This has created an awareness among the corporates to have a lot of health measures like no meetings after office hours or weekends. 


This pandemic has made us go back to basic hygiene also reminded us that Health is Wealth.

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