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Post-COVID-19 Transformations for Future of Work and Small Business Sustainability: Towards an Inclusive Economy

Post-COVID-19 Transformations for Future of Work and Small Business Sustainability: Towards an Inclusive Economy

Nitu Ghosh, Pratigya Sigdyal, Ramya U., Roohi Khursheed
Copyright: © 2022 |Pages: 27
ISBN13: 9781668443224|ISBN10: 1668443228|ISBN13 Softcover: 9781668443231|EISBN13: 9781668443248
DOI: 10.4018/978-1-6684-4322-4.ch002
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MLA

Ghosh, Nitu, et al. "Post-COVID-19 Transformations for Future of Work and Small Business Sustainability: Towards an Inclusive Economy." Sustainability and the Future of Work and Entrepreneurship for the Underserved, edited by JoAnn Denise Rolle and Micah Crump, IGI Global, 2022, pp. 19-45. https://doi.org/10.4018/978-1-6684-4322-4.ch002

APA

Ghosh, N., Sigdyal, P., Ramya U., & Khursheed, R. (2022). Post-COVID-19 Transformations for Future of Work and Small Business Sustainability: Towards an Inclusive Economy. In J. Rolle & M. Crump (Eds.), Sustainability and the Future of Work and Entrepreneurship for the Underserved (pp. 19-45). IGI Global. https://doi.org/10.4018/978-1-6684-4322-4.ch002

Chicago

Ghosh, Nitu, et al. "Post-COVID-19 Transformations for Future of Work and Small Business Sustainability: Towards an Inclusive Economy." In Sustainability and the Future of Work and Entrepreneurship for the Underserved, edited by JoAnn Denise Rolle and Micah Crump, 19-45. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-6684-4322-4.ch002

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Abstract

The COVID-19 pandemic has created shockwaves across the globe and impacted businesses and economies. Enormous disruptive transformations have happened in the work models and systems to enable businesses to flexibly operate, sustain, and remain agile in uncertain times. The future of work, which seemed uncertain post-pandemic, has reached normalcy due to the organisational resilience and strategic responses shown by organisational leaders and small businesses. Although small businesses across the world have been impacted negatively leading to closures, financial crunches, and job losses worldwide, many have shown signs of resilience and recovery. The chapter throws light on the work transformations across economies and strategic responses to deal with them. It describes the challenges faced by various small businesses and the way they have been flexible and resilient. The chapter proposes a framework for building an inclusive economy that has been asserted to be the solution to a sustainable and resilient future in times of uncertainties and crises.

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