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Corporate Parenting in Covid-19 Pandemic Era: A Strategic Tool for Value Creation

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Corporate Parenting in Covid-19 Pandemic Era: A Strategic Tool for Value Creation


Agbeche, Aaron | Okechukwu, Prince Jumbo



Agbeche, Aaron | Okechukwu, Prince Jumbo "Corporate Parenting in Covid-19 Pandemic Era: A Strategic Tool for Value Creation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1, December 2021, pp.202-207, URL: https://www.ijtsrd.com/papers/ijtsrd47759.pdf

The article looks at corporate parenting in this era ofcovid-19 pandemic as a strategic tool for value creation. The paper looks at how covid-19 affect value creation, it explain what corporate parenting is and use strategic guide, synergy manager, financial manager and financial sponsor and functional leadership as a way to provide parenting role by corporate entities. The issues of value creation were discussed from financial, non-financial and time management. The value gap theory helps in illustrating the role of corporate parenting on its subdivision. The aim of this article is to determine whether during this covid-19 pandemic, corporate parenting actually created any form of value for its subdivision. The paper list important factors that affect the selection of organizational parenting styles and the impacts it has on value creation in a time of covid-19.From the review of literature, this article concludes that during the covid-19 pandemic most corporate organizations were not able to carry out their parenting functions to their subdivisions. Based on this conclusion, we recommend that executives and managers should ensure that a firm’s parenting styles should inspire the best in their subordinates and increase the support needed for success now and after the covid-19 pandemic.

Corporate Parenting, Covid-19 Pandemic, Value Creation, Synergy Manager, Strategic Guide


IJTSRD47759
Volume-6 | Issue-1, December 2021
202-207
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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