BUSINESS COVID TEST
- focus on how to safely bring people back to work
- assess how you responded to crisis to date and identify areas for corrections.
- try to capture organisational insights / maximize use of available data / make them available for carrying out corrective measures on the go
-
accelerated digital transformations / identification of gaps in IT infrastructure & digital skills & capabilities
-
Accessing changing own competitive landscape / understanding impact on customers longer-term going concerns around shifts in core markets or business models as a result of the pandemic
-
Framing threats and new opportunities
-
Protecting growth and profitability through scenario planning
-
understand market trends are changing social life, interpersonal behaviour, mobility patterns, technology and regulations / behaviour change has been catalysed / some shifts are permanent / marketplace early acknowledgement will trigger more fundamental changes in upcoming period
-
Make sure you upto speed as digital adoption gradually increasing and more consumers shifting to digital platforms for day-to-day needs /
-
Be-aware of change in purchasing behaviour towards value-based purchasing and online shopping.
-
Re-think how to approach growing need for long term digital engagement that is to gradually replace obsolete loyalty schemes
-
Understand emotional value coming from surging recognition of health and sustainability topics
-
Accelerate shifting from top-down decisions to more empowered teams guided by purpose & driven by data
-
Use smart robots that went digital & smarter / user easier installation to reduce OPS burden
-
Re-thinking alternative supply chain scenarios to mitigate outages / prepare for customer allocations & pricing strategies
-
key to sustain the company’s performance is speeding up internal digitization / shift focus on the employee / elevate experience / connecting employees remotely is only start
-
Ensure data sharing and strategic company wide communication / accent on health preservation & safety first
-
Start exploring long-term motivation and engagement of remote workers, to preserve the company’s existing performance and future financial health.