Dissecting COVID-19 Pandenomics: A New Management Discourse

Keywords: COVID pandenomics, Globalization, VUCA-1, VUCA-2

Abstract

With the novel coronavirus outbreak adversely affecting economies all over the world and putting the humankind in probably the most difficult time in modern history, an imperative need to understand, analyse and dissect the very economics of pandemic—or the ‘Pandenomics’ of COVID-19— has been felt. In our human lives and politico-economic spheres, much has either changed or metamorphosed after the virus outbreak, as the world moves towards the end of 2020. The world has made transition from physical to virtual and digital. Globalisation has witnessed deceleration in its pace, if not reversal. We managers should well analyse and dissect the COVID pandenomics to draw its telling lessons for managing economies and organisations in both short and long terms. We can successfully convert the volatility, uncertainty, complexity, and ambiguity (or, VUCA-1), into Vision, Understanding, Clarity and Agility, or VUCA-2 for which the management leaders should possess and develop the essential competency to ‘lead through influence.’

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Author Biography

Arhan Sthapit, Faculty of Management, Nepal Open University

Editor-in-chief Prof. Dr. Sthapit is a management practitioner-turned academician. He joined Nepal Open University as the university’s first Professor (full Professor) on 15th May 2019 following a nation-wide free competition. Earlier, he served Tribhuvan University for almost eight years. He was educated in Management, Mass Communication (Journalism) and Global Trade/IPR in Nepal, India, and USA, and was awarded PhD degree in Management (Strategic HR) in 2014.  He has 23 years of industry experience: 6.5 years at NABIL Bank and Nepal Bangladesh Bank; and 11 months in GIZ (German International Cooperation) and 15 years at The Rising Nepal English daily of Nepal Government (resigned as Senior Asct. Editor). He is an accomplished researcher with more than 41 (mostly as single/principal author) research papers in peer-reviewed/ refereed journals of international repute, 17 research papers in national journals, and some 1,705 general articles in Management and other topical issues. He has authored 7 textbooks and one professional training book. He is involved in editing of 11 peer-reviewed journals published from different countries. He has addressed as the Keynote Speaker nine international conferences organised in different countries and 17 webinars on management and education. Prof Dr Sthapit has continuously been listed in Who’s Who in Nepal’ publication as a “noted writer, English editor/journalist and university teacher” since 2001. Recipient of Nepal Vidhya Bhushan Class ‘A’ from the President of Nepal, is the recipient of prestigious international awardThe Dean of International Peace Prize-2019’ (DOIPP-2019).

Published
2020-12-31
How to Cite
Sthapit, A. (2020). Dissecting COVID-19 Pandenomics: A New Management Discourse. Journal of Business and Social Sciences Research, 5(2). https://doi.org/10.3126/jbssr.v5i2.35229
Section
Editorial