Refers to the period following the resolution or significant control of a pandemic. In the context of the COVID-19 pandemic, “post-pandemic” refers to the period after the widespread transmission of the virus has been brought under control, either through vaccination, herd immunity, effective treatments, or other means. During this time, societies may undergo significant changes in various aspects of life, including healthcare, economy, social interactions, and policies, as they adapt to the aftermath of the pandemic and work towards recovery and rebuilding.
Published in Chapter:
Strategy and Innovation Challenges to Post-Pandemic Resilience
Israel Agodu (University of Phoenix, USA)
Copyright: © 2024
|Pages: 17
DOI: 10.4018/979-8-3693-1802-7.ch017
Abstract
This chapter chronicles the various issues and challenges organizations face when developing and implementing strategies to foster innovation. The concept encompasses the difficulties and complexities associated with devising plans and executing them to create new products, services, processes, or models. Addressing the identified challenges requires a combination of strategic planning, a supportive organizational culture, the right leadership, effective processes, a commitment to fostering a culture of innovation, continuous learning and adaptation, seeking external expertise, and staying agile in the face of evolving circumstances. Successful organizations are those that can navigate these challenges to drive sustainable innovation and remain competitive in their respective market.