Question

Who will be the winners in a post-pandemic economy?

COVID-19 is putting the global economy into a tailspin. Many countries are heading for very sudden and unprecedented recession. This crisis will catalyze some huge changes. Few industries will avoid being either reformed, restructured or removed. Agility, scalability and automation will be the watchwords for this new era of business, and those that have these capabilities now will be the winners.

In light of this back drop as a “Strategic Management Specialist” this is what you are tasked to do:

Firstly, choose one of the following countries: India, Pakistan, Germany, Canada, Jamaica, Japan, Turkey or China and conduct a PESTLE (Political, Economic, Sociological, Technological, Legal and Environmental) analysis.

Secondly, assume the role of a “Strategic Manager/Strategist” of ANY company operating out of one these countries (the company can be hypothetical) .   From the information gathered, prepare an overall strategic design that will assist your company to retain/regain sustained competitive advantage in its industry after the passing of Covid 19. In your deliberation/discussions (among your fellow strategists), provide recommendations that can fuel growth, success and profitability for your company despite the grave impact of Covid 19.

Answer 1

The countries or business organization that manages to allocate it's resources properly in an effective manner will be a winner in post pandemic period.

Country:India

PESTEL ANALYSIS

Political environment: India is one of the largest democracies in the world has has a stable political environment.

Economic environment: though India is among the largest economies of the world, it's consumer spending has been decreased in recent years and economy is slowing down.

Social environment: India has a huge population and people come from different social backgrounds. The country has multiple languages and religion followed by its people.

Technological environment: in the list of technological advanced countries, India stands at 3rd position. Tech giants like Facebook, Microsoft, and others are investing in India. The country has advanced IT structure and skilled workforce.

environment: the country is facing number of environmental challenges like air pollution, degradatif soils, deforestation, exhausting resources and others.

Legal environment: the country has strong and largest Constitution in the world. The Constitution is the maim legal rule book of the country and all the decisions are taken under it's guidelines.

India is a country of vast population and people here are quite emotional and attracted to maximum benefits. Manager of a business organization can gain and sustain its competitive advantage by satisfying the needs of the consumers and providing them with good quality of goods and services at low cost. This will attract more and more consumers and will help the organization to build it's competitive advantage.

Despite the grave impact of covid 19 a business organisation in India can regain its profitability by using available resource carefully and investing it in consumers and their demands.

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