Forevermark India foresees business transformation!

Sachin Jain, President, -Forevermark India said on two folds, 1: Business format post Covid-19 & 2: Business to lean more to techno than ever!

 

Sachin Jain said Covid-19 has transformed the way in which we live and work globally. Overnight organizations have changed their working style and made people more receptive to embrace this change. Once this pandemic settles with reference to the jewellery industry, I believe the demand to production cycle will go through a dramatic change, long term planning will change to current short term goals and the need to maintain reserves is paramount. 

 

Risk management strategies will factor in unexpected events like pandemics, natural disasters and associated related policy changes which will result in organisations to be more conscious of maintaining internal financial reserves.

 

Stating about the impact of Covid-19 and techno-savvy business practice Sachin Jain said, “Technology had already taken front seat in most of our business practices. However, in the past few weeks, we are relying on technology more than ever.

 

During this time of social distancing, technology has allowed us to be in multiple places without being physically present ensuring that there is no break in our business momentum. Working from home has become a lot easier to stay connected. In fact, video conferencing has even enabled us to reach out to our partners and offer complimentary training programs during this lock-down.

 

Businesses have embraced this new style of working and realised ease of technology; this will definitely have an impact on the future.

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