Making a Difference
Pandemic storms that paralyzed the country’s manufacturing and services in almost every industry including the electronics segment. Nevertheless, the industry is finally back on its trajectory of growth. By 2025, India aims to achieve a GDP of $5 trillion and a digital economy of $1 trillion. Since electronics underpin manufacturing, the demand for electronic products will rise to $400 billion by 2025. Electronics startups and manufacturing companies have accomplished sustainable success. Shifting to fulltime remote staff, discovering how best to support employees' well-being, managing a hybrid workforce, and approaching legal concerns around the Covid-19 vaccine have done the magic. These firms have also now slowly moved back to working from office given the nature of the industry.
It is important to have a set of clear organizational core values that are communicated effectively and discussed with the employees so that they feel part of it. Leadership and management style that encourages teamwork, open and honest communication is vital to creating a positive feeling in the workplace. Open and honest communication also means that regular audits are taken to evaluate how people are interacting with each other, feedback is welcomed and taken on board, and opportunities for social interaction are enabled. Most importantly, making employees more than just the term, and part of the innovations and inventive ideas, has become a popular want amongst the fresh-out-the-college minds, who want to make a difference or be a part of something big. Do let us know what you think.