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Nobody can deny that the past 18 months have been some of the toughest times ever for businesses across the world. The Covid-19 pandemic forced companies, firms and organizations into adapting to completely different work environments, economies and implementing new technology.
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Top Tips For Leading Your Business Through The Pandemic
Monitor and track cash flow we all know we should keep a closer eye on cash flow, but when business is strong and the orders are flowing, it’s one of those activities that seems to get put aside. Not identifying cash flow issues early enough caught many people out when the Covid-19 pandemic hit them. In fact, there are many businesses who don’t have a cashflow forecast, let alone one which is updated regularly.
Manage your supply chain business resilience is only as good as its supply chain. Any crisis management plan must include managing your supply chain and ensuring you alternatives should your normal suppliers be delivering to you. have back-up having issues
Maintain and improve customer/supplier relationships if there’s a key lesson to learn from the pandemic, it is to not only maintain, but also improve your relationships with suppliers and customers. Communication knowledge; knowledge information on business or organisation thrives. The more you talk, the more you know, the better your strategic business decisions is is which every
Stay up-to-date with the latest Covid-18 developments part of any business leader’s job is to stay up-to-date on the latest developments as we come out of the pandemic. This doesn’t mean drowning in sensationalism via social media posts and in the news. That’s only likely to cause confusion and panic among your employees, customers and suppliers. the endless
Look after the health and wellbeing of employees PwC’s Global Crisis Survey 2021 showed that the single most important action for businesses and organisations worldwide that stemmed from the pandemic was focusing on the wellbeing of their staff. This included continuing to offer remote working combined flexibility of going to the office a couple of days a week. health and with the
Trust your teams at the start of the pandemic lockdowns, there was an upsurge in the use of monitoring devices to check staff were doing what they should be doing when working from home. In reality, data showed that productivity levels increased by 4.5% per employers found they were able to trust their employees to do their work and saw an increase in their level of productivity as a result. worker. Many
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