Agility in times of disruptive pandemic

The world Is greatly polarized and is borne with changing thoughts and prejudices in an arena of diverse explicative management systems. Post liberalization in 1990 when the world was  fighting with changing technological revolution the birth of newer industry 4.0 lead to newer organizational hierarchy with knowledge management functionalities which made it necessary for business professionals to think rapidly and innovate with the speed of thunderstorm. In such drastic times, the global economy saw several financial booms and crashes which made it necessary to reinvent disruptive innovation at its core and greatly circumscribe the way organizational commitment to change its course of action. The Hayekian philosophy of dialects in knowledge transfer mechanism with institutional leadership saw newer innovation funnels which were more agile to crashes and recovery phase was quite small. In such circumstance, the new pandemic like Covid-19 saw economists jump to multidisciplinary approach of organizational commitment with a moving away from traditional Schumpeterian philosophy and a disruptive invisible hand wherein multicretria technical models of sustainable business practices saw rising needs top fill the research gap in international scientific discourses. This aim is widely necessary as top reinvent the age old business models and create more resilient industry 4.0 model of innovation.

Author(s): Mehmet Kiziloglu

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