Empowerment has mushroomed as organisations struggled to find the agility and flexibility to deal with the crises.
"Despite the severe impact on revenue and cash, very surprisingly, the display of compassion and community outreach have produced a spontaneous level of commitment and loyalty from employees and job cuts and salary adjustments have not been as widespread an occurrence as originally apprehended," said the report.
According to the report, work from home has solved many problems albeit creating some concerns about fragmentation of cultures.
It said reimagining the organisation and making more permanent design changes requires newer skills and that is a definitive work in progress. Many of the organisations that were spoken to seemed to be well on the way to a more permanent reset.
Around 250 companies participated in the survey spanning several sectors, conducted between August-end and mid-November.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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