Why The Business Impact Of The Coronavirus Will Linger—And What To Do About It

  • 📰 Forbes
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 53%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Why are markets so spooked? The economic concerns are not so much about the virus itself. They are about the prolonged impact of supply shortages paired with wavering consumer confidence and reduced spending due to response measures. What can be done?

Resilient companies have invested in business continuity management for a long time and are activating those plans to address this new threat. They are asking questions like whether their businesses could continue to operate if 35-40% of their workforce were out sick. They need to monitor the situation closely, activate pandemic preparedness plans, and prepare social distancing strategies.

The complexity will vary greatly based on organizational needs, but all plans need leadership buy-in and clear objectives, a thorough risk assessment and an analysis of the potential impact to core functions. For Covid-19, it has to have pandemic-specific elements and strategies.

Check to see if you need to assist with employee evacuations out of affected areas. Many organizations are imposing travel restrictions for employees to limit non-essential travel . Since airports and other transit hubs will be incubators and restricting travel could have long-ranging impacts, it is important to see what must be cancelled and what can be done to change meeting or event locations to minimize impact.

Big businesses should be able to withstand this as long as disruption is not too prolonged or severe since they likely have whole teams dedicated to building resilience into their supply chain management processes. But small and medium-sized businesses are already struggling wherever the virus is hitting. In China, for example, small and medium-size businesses are key to continued growth.

 

コメントありがとうございます。コメントは審査後に公開されます。

troubling, i get the impression many media articles, not excluding those by forbes, are written from the perspective of somebody believing they will not themselves in the near future contract the virus, when in all likelihood they most probably will.

You could make color coordinated face masks! Red for infected!

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 394. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Why Twitter is experimenting with a Stories-like feature - Business InsiderTwitter is trialing a Stories-like format in Brazil and via its mobile app, where users share fleeting thoughts through text, photos, GIFs, and video.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Why I wish I'd opened a high-yield savings account instead of a CD - Business InsiderOpening two CDs seemed like a safe bet — a way to grow her money without investing it in the stock market. But it turned out to be the wrong move.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Why you shouldn’t panic when the stock market gets hammeredNBC News’ Stephanie Ruhle explains what you need to know to weather the storm when stock markets are swinging and how you can prepare for the future. SRuhle BETTER SRuhle BETTER Unless you’re about to retire or already retired...
ソース: NBCNews - 🏆 10. / 86 続きを読む »