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Let’s face it - the new world order has arrived!

The dynamic business landscape of current times is vastly interconnected and every change has a ripple effect that pans across.

By Alexander Reisch  Apr 29, 2020 5:55:49 AM IST (Updated)


“Who would have thought”? I am certain this introspective rhetoric is in the mind of each individual, all over the world, today. The COVID-19 health watershed has literally brought the entire world to a grinding halt, severely impacting the global economy. The dynamic business landscape of current times is vastly interconnected and every change has a ripple effect that pans across. Hence, at times like these, it becomes more important for businesses to diversify and implement alternate strategies to ensure the inflow of working capital, and continuity of capital flow in the economy.
Richie Norton, the award-winning, bestselling author of ‘The Power of Starting Something Stupid’ once said, “Breakdowns create breakthroughs”. So, what can a business leader do when it’s imperative to ensure positive business continuity? What’s certain in uncertain times is unique innovation. As I see it, there are a few priorities that can empower a business leader in planning and ensuring minimal business disruption, which in the long-term will help the businesses, and subsequently the global economy to stand back on its feet.
Start with putting a Special Situation Management Team to break through the clutter and get things going in record turnaround time. Ensuring the safety of your people remain the number one priority, staying focused on sustainability and business continuity with a leadership that’s optimistic and positive. Expanding further, here’s what it will take: