Revive and Rejuvenate: The Positron Way

Open Access

Year : 2021 | Volume : | Issue : 2 | Page : 1-12
By

    Sushant Joshi

  1. Kunal Hulbatte

  2. Anupriya Bokade

  1. Associate Professor, Karnatak Law Society’s Institute of Management Education & Research, Karnataka, India
  2. Student, Karnatak Law Society’s Institute of Management Education & Research, Karnataka, India
  3. Student, Karnatak Law Society’s Institute of Management Education & Research, Karnataka, India

Abstract

2020-The start of a New Decade! How excited the world was to welcome new beginnings and dreams. Less did we know that the new decade came with new challenges, and the only dream left was “The dream of existence of Human Race”. An unseen disaster hit the world leaving it in a clueless situation that was not governed by humans but by the virus COVID-19. Strict measures were taken worldwide to stop the spread of the virus. India was one amongst those nations which announced a complete lockdown, for the first time in history, our nation stood still. The industries too halted their processes bringing in huge losses to them, as well as their employees. Wherein many industries found it easier to cut down the salaries, lay off employees, as a measure to recover their losses; a few chose to retain the existing employees and provide them all the help they needed in these tough times. One such company is Positron Engineering Corporation. It is proved that the employees are Positron’s greatest asset. They were provided with medical, food, and financial assistance along with a yearly bonus. Though the company faced problems in production and sales, due to the inadequacy of raw materials, still it managed to be a profit making entity. It is easy to be a leader when things go on well, but much tougher to lead, when things go unpleasant. This COVID situation has been a learning phase for the company, but what ultimately matters is astute business acumen with empathy and compassion at the core of business decision for sustainable competitive advantage. “Hard times reveal true character”, Positron Engineering Corporation charted the path which is out of league and came out with flying colors and hence they are developing Business Continuity Plan to sustain such situations in the future.

Keywords: COVID-19, industry, lockdown, company, employee, leader, profit, business continuity plan

[This article belongs to NOLEGEIN Journal of Leadership and Strategic Management(njlsm)]

How to cite this article: Sushant Joshi, Kunal Hulbatte, Anupriya Bokade Revive and Rejuvenate: The Positron Way njlsm 2021; 4:1-12
How to cite this URL: Sushant Joshi, Kunal Hulbatte, Anupriya Bokade Revive and Rejuvenate: The Positron Way njlsm 2021 {cited 2021 Nov 30};4:1-12. Available from: https://journals.stmjournals.com/njlsm/article=2021/view=91675

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Regular Issue Open Access Article
Volume 4
Issue 2
Received October 17, 2021
Accepted October 22, 2021
Published November 30, 2021