Changing landscape
By: Sabnavis, Madan
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Material type: 
BookPublisher: Yojana Description: 64(11), Nov, 2020: p.53-55.Subject(s): IT sector, Covid 19
In:
YojanaSummary: The concept of work-from-home which used to be a tale of luxury spoken of in the IT sector in the past has now become a habit with business continuity being maintained under these challenging times. The major change in the landscape of Indian business will be the irrelevance or gradual diminution in the importance of several service industries. First, the future of commercial real estate has been questioned as companies have found that work-from-home has been a convenient way of getting work done and there are savings to be made in terms of lease rentals and rent. Second, the hospitality business would have to reconsider options. One of the main avenues of business for the larger hotels was the business traveler. With several companies now learning to conduct meetings over the Internet, the necessity to travel and stay in hotels would get diminished. The airlines business which is already in a challenged state will have to rework its model considering that travel will not be the same for some time. Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 64(11), Nov, 2020: p.53-55 | Available | AR125036 |
The concept of work-from-home which used to be a tale of luxury spoken of in the IT sector in the past has now become a habit with business continuity being maintained under these challenging times. The major change in the landscape of Indian business will be the irrelevance or gradual diminution in the importance of several service industries. First, the future of commercial real estate has been questioned as companies have found that work-from-home has been a convenient way of getting work done and there are savings to be made in terms of lease rentals and rent. Second, the hospitality business would have to reconsider options. One of the main avenues of business for the larger hotels was the business traveler. With several companies now learning to conduct meetings over the Internet, the necessity to travel and stay in hotels would get diminished. The airlines business which is already in a challenged state will have to rework its model considering that travel will not be the same for some time. Reproduced
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