Tactics That Businesses Are Using To Get Back Up And Running Again
Practically every business in the country has been affected by the coronavirus outbreak, including those that operate entirely online. Now, though, many companies are beginning the long slog back to work.
In this post, we’re going to take a look at some of the tactics that they’re using to restart their enterprises and keep people safe.
Bring Back Your Talented Employees
At the beginning of the coronavirus crisis, companies slashed jobs like never before. Managers realised that it just wasn’t worth keeping people if demand was going to tank and stores shuttered.
Getting people to return to work, however, will be a challenge. Many are now enjoying generous state handouts, way above the regular unemployment checks during ordinary times. Firms, therefore, will need to be savvy to attract people back to the workforce.
Bringing back your talented employees may require a little cunning. You may, for instance, want to point out that they will lose their health insurance if they don’t return when the time comes. And they will face unemployment (and all the insecurity that brings) in the following months.
Look For New Vendors
The coronavirus created massive disruptions in the global supply chain. When China closed its doors, suddenly the goods stopped flowing, and supplies in western markets began to run dry.
Now, as the economy reopens, many of those old vendors don’t exist anymore. They went out of business. Companies, therefore, need to begin to reestablish their supply chains now, even if that means building new relationships. You may not be able to continue with business as usual.
Set Out Your Social Distancing Policy
Currently, many firms are operating remotely. While this brings some benefits, it also comes with a bunch of costs. Evidence suggests that people aren’t as productive when they work from home. Psychologically, it is more challenging to put in the effort when you’re surrounded by home comforts and distractions than in the office.
Reopening workplaces, however, is going to be tricky. Companies, therefore, will need to update their social distancing policies to reflect the new rules. Many are investing in social distancing floor graphics because they are a cheap and straightforward solution. You just put them on the floor to show people where they should stand in relation to others.
Change Your Business Model
The need for social distancing is remaking the economy before our eyes. We’re seeing a massive surge, for instance, in online services, and a fall in brick-and-mortar equivalents. People are getting personal training sessions through their webcams, not the gym. They’re shopping more online, and they’re even dating on Zoom.
Changing your business model, therefore, is a viable strategy for many firms. The old way of working simply doesn’t apply for the vast majority of companies in which social distancing is imperative. They need to think of new strategies to bring in money.
Getting your business back up and running again, therefore, will likely be a challenge. So long as you remain adaptable, though, you should be able to get back on your feet and survive.