Abhigyan

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Impact Of Pandemic on Organizations: Unforeseen Consequences of Covid-19 Pandemic on Organizational Development in Nigeria.


Affiliations
1 Assistant Lecturer, Department of Business Administration, Veritas University, Abuja, Nigeria
2 Lecturer I, Department of Business Administration, Veritas University, Abuja, Nigeria
     

   Subscribe/Renew Journal


This study focuses on the unforeseen consequences of Covid-19 pandemic on organizational development in Nigeria. It covers the etymology of Covid-19 pandemic, the concept of organizational development, short‐term and long-term consequences of the pandemic on organizational development, its impact on economic conditions and actionable suggestions to mitigate its effect on organizational development, etc. The study is qualitative in nature. It concludes that managing and limiting the Covid-19 pandemic, as well as returning to normal lifestyles and economic activities, will depend on mechanisms put in place by the government, regulators, and individuals. It is recommended that by prioritizing employee well-being and continuity, businesses should analyze how well their strategies meet their goals to reduce the negative effect of the pandemic. It is also suggested that ensuring the health of employees through prevention of the Covid-19 pandemic will ensure the smooth functioning of the business activities as well as the organizational development.

Keywords

Covid-19 Pandemic, Long-term Consequences, Short-term Consequences and Organizational Development in Nigeria
User
Subscription Login to verify subscription
Notifications
Font Size

  • Ahmed, O., Hassan, T., Omair, N. & Aun, H. (2020, November 6). Impact of COVID-19 pandemic on the microstructure of US equity markets. The Economic Times. https://economictimes.indiatimes.com/news/international/world-news/at-current-pacebangladeshto-end-extreme-poverty-by 2020/articleshow/66484544.cms

  • Allcott, H., Boxell, L., Conway, J., Gentzkow, M., Thaler, Michael., & Yang, D. (2020). Polarization and public health: Partisan differences in social distancing during the coronavirus pandemic. Journal of Public Economics, 191, Articlee104254. 10.1002/jmv.25706

  • Ayittey, M. K., Chiwero, N. B., Kamasah, J. S.& Dzuvor, C. (2020). Economic impacts of Wuhan 2019-nCoV on China and the world. Journal of Medical Virolog y, 92,473-475.10.1002/jmv.25706

  • Brüssow, H. (2020). The novel coronavirus–a snapshot of currentknowledge. Microbial biotechnology.

  • Society for Applied Microbiology. 10.1111/1751-7915.13557

  • Calvino, F, C Criscuolo, C. & Menon (2016), No Country for young firms? Start-up dynamics and national policies (Working Paper No. 29). OECD Science, Technology and Industry Policy Papers. 10.1787/5jm22p40c8mw-en

  • Cherif, N. (2020). The role of human resource management and employee job satisfaction in predicting organizational commitment in the Saudi Arabian banking sector. International Journal of Sociology and Social Policy, 40(7/8), 529-541. 10.1108/IJSSP-10-2019-0216/full/html

  • Coibion, O. (2020). Labor markets during the COVID-19 Crisis: A preliminary view and (NBER Working Paper No. 26237). National Bureau of Economic Research. https://www.nber.org/ papers/w27017

  • D'Acunto, F. (2020a). Exposure to daily price changes and inflation expectations (NBER Working Paper No.26237). National Bureau of Economic Research. https://econpapers.repec.org/paper/ nbrnberwo/26237.htm

  • Dietrich, A., Kuester, K., Muller, G.J., & Raphael, S. (2020). News and uncertainty about COVID19: Survey evidence and short-run economic impact (Working Paper No. 20-12). Federal Reserve Bank of Cleveland. 10.26509/frbc-wp-202012

  • Eichenbaum, M. & Sergio, R. (2020). The macroeconomics of epidemics (space between NBER and Working Paper No. 26882). National Bureau of Economic Research. https://www.nber.org/ system/files/working_ papers/w26882/w26882.pdf

  • Farboodi, M. & Gregor, J. (2020). Internal and external effects of social distancing in a pandemic (NBER Working Paper No. 27059). National Bureau of Economic Research. https://www.nber.org/system/files/working_papers/w27059/w27059.pdf

  • Fauci, A. S., Lane, H. C. & Redfield, R. R. (2020). COVID-19: Navigating the uncharted. The New England Journal of Medicine, 382(13),1268-1269. 10.1056/nejme2002387

  • Fetzer, T.,Lukas, H.&Johannes, H. (2020, March 21). Coronavirus perceptions and economic anxiety.

  • VoxEu. https://voxeu.org/article/coronavirus-perceptions-and-economic-anxiety

  • Fourie, J. (2020, January 16). Beyond 2020: A vision of a prosperous South Africa economy: Opinion.

  • Finweek. https://hbr.org/2020/04/3-tips-to-avoid-wfh-burnout

  • Guerrieri, V. (2020). Macroeconomic implications of COVID-19: Can negative supply shocks cause demand shortages? (NBER Working Paper No.26918). National Bureau of Economic Research.

  • https://www.nber.org/papers/w26918

  • Hansen, N. & Sheridan, A. (2020). Consumer Reponses to the COVID-19 Crisis: Evidence from Bank Account Transaction Data (Working Paper No. 14809). CEPR. https://ideas.repec.org/p/cpr/ceprdp/14809.html

  • Hanspal, T. (2020). Income and wealth shocks and expectations during the COVID-19 pandemic (Working Paper No.8244). CESifo. https://www.econstor.eu/bitstream/10419/216640/ 1/cesifo1_wp8244.pdf

  • Jones, C. (2020). Optimal mitigation policies in a pandemic: Social distancing and working from home.

  • (NBER Working Paper No. 26984). National Bureau of Economic Research.

  • https://www.nber.org/system/files/working_papers/w26984/w26984.pdf

  • Klenow, P. J. & H Li (2020). Innovative Growth Accounting (NBER Working Paper No. 27015).

  • National Bureau of Economic Research. https://www.nber.org/papers/w27015

  • Krueger, D. (2020). Macroeconomic dynamics and reallocation in an epidemic: Evaluating the Swedish solution (NBER Working Paper No. 27047). National Bureau of Economic Research.

  • https://www.nber.org/system/files/working_papers/w27047/w27047.pdf

  • Mongey, S. (2020). Characteristics of workers in low work - from - home and high personal - p r o x i m i t y occupations [White paper]. Becker Friedman Institute for Economic. https://bfistaging.

  • uchicago.edu/wp-content/uploads/BFI_White-Paper_Mongey_3.2020.pdf

  • Olayiwola, K & Busari, D. (2019). Private sector development and economic growth in N i g e r i a

  • (1997-2013). International journal of advanced research in statistics, management and finance, 2(1),15-24. http://www.internationalpolicybrief.org/images/journals/Stat2.1/Stat2.pdf

  • Ombaka, B. E. (2019). Resources, external environment, innovation and performance of insurance companies in Kenya. [Unpublished doctoral dissertation]. University of Nairobi.

  • Opatha, H.H.D.N.P. (2020). Impact on employees, and identification of employees who are at greater risk. Sri Lankan Journal of Human Resource Management, 9(2), 15-38.

  • Prem, S., Liu, E., Russell, D., Kucharski, R., Eggo, I.& Davies, A., (2020). Effect ofcontrol strategies

  • to reduce social mixing on outcomes of the COVID-19epidemic in Wuhan. Lancet Public Health.

  • https://www.thelancet.com/action/showPdf?pii=S2468-2667%2820%2930073-6

  • Preston, M. (2020). Unemployment effects of stay-at-home orders.VoxEu. https://voxeu.org/article/un

  • employment-effects-stay-home-orders

  • Ramelli, E., Stefano, A., Wagner, S. & Alexander, K. (2020). The feverish stock price reactions to

  • COVID-19.The Review of Corporate Finance Studies, 9(3), 622-655. https://academic.oup.com/

  • rcfs/article/9/3/622/5868420

  • OECD (2020, March 20). Supporting people and companies to deal with the COVID-19 virus: Options

  • for an immediate employment and social-policy response. http://oe.cd/il/2Vx.

  • OECD (2020, May 13). Start-ups in the time of COVID-19: facing the challenges, seizing the

  • opportunities. 10.1787/5b0fd8cd-en

  • OECD (2020, May 14). Crowdsourcing STI policy solutions to COVID-19. 10.1787/c4f057b3-en

  • OECD (2020, July 15). Coronavirus (COVID-19): SME policy responses. http://oe.cd/il/2VB


Abstract Views: 219

PDF Views: 0




  • Impact Of Pandemic on Organizations: Unforeseen Consequences of Covid-19 Pandemic on Organizational Development in Nigeria.

Abstract Views: 219  |  PDF Views: 0

Authors

Romanus Nduji
Assistant Lecturer, Department of Business Administration, Veritas University, Abuja, Nigeria
Christian Oriaku
Lecturer I, Department of Business Administration, Veritas University, Abuja, Nigeria

Abstract


This study focuses on the unforeseen consequences of Covid-19 pandemic on organizational development in Nigeria. It covers the etymology of Covid-19 pandemic, the concept of organizational development, short‐term and long-term consequences of the pandemic on organizational development, its impact on economic conditions and actionable suggestions to mitigate its effect on organizational development, etc. The study is qualitative in nature. It concludes that managing and limiting the Covid-19 pandemic, as well as returning to normal lifestyles and economic activities, will depend on mechanisms put in place by the government, regulators, and individuals. It is recommended that by prioritizing employee well-being and continuity, businesses should analyze how well their strategies meet their goals to reduce the negative effect of the pandemic. It is also suggested that ensuring the health of employees through prevention of the Covid-19 pandemic will ensure the smooth functioning of the business activities as well as the organizational development.

Keywords


Covid-19 Pandemic, Long-term Consequences, Short-term Consequences and Organizational Development in Nigeria

References