Indian Journal of Industrial Relations: Economics & Social Dev.

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All Businesses to Involve Health Diagnostics in Post COVID-19 World? A Theoretical Framework


Affiliations
1 Associate Professor, Strategic Management Area, National Institute of Industrial Engineering, Vihar Lake Road, Mumbai 400087, India
2 Hyderabad based Management Consultant, India
     

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This article presents a framework for business entities to partner with health h diagnostic businesses (HDB). Authors expect that in post COVID-19 scenario, diagnostics operations would become integral to day to day business operations similar to physical security or janitorial services. HDB partnership would become a pressing need for any business that involves intense physical interaction. The authors identify a set of factors that should be considered to decide the type of partnership. The options proposed are acquisition, equity-based or nonequity- based partnership and diagnostics from an accredited entity. Further, a set of steps for each of these options are proposed.
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  • All Businesses to Involve Health Diagnostics in Post COVID-19 World? A Theoretical Framework

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Authors

Som Sekhar Bhattacharyya
Associate Professor, Strategic Management Area, National Institute of Industrial Engineering, Vihar Lake Road, Mumbai 400087, India
Syed Naser
Hyderabad based Management Consultant, India

Abstract


This article presents a framework for business entities to partner with health h diagnostic businesses (HDB). Authors expect that in post COVID-19 scenario, diagnostics operations would become integral to day to day business operations similar to physical security or janitorial services. HDB partnership would become a pressing need for any business that involves intense physical interaction. The authors identify a set of factors that should be considered to decide the type of partnership. The options proposed are acquisition, equity-based or nonequity- based partnership and diagnostics from an accredited entity. Further, a set of steps for each of these options are proposed.

References