Crisis Management

How has COVID-19 affected the current and future plans of local companies? We conducted a survey with leaders of more than a hundred businesses (most of them in their pajamas) and this is what they had to say

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READY OR NOT

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put together a business response and continuity team that monitors the COVID-19 situation at the local level.1

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feel confident in their organization’s ability to handle a similar outbreak in the future.

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THE BEST-LAID PLANS

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plan to create a new marketing, advertising or sales plan to replace the one that they had prior to COVID-19.

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intend to increase their marketing or advertising efforts to give their business a boost after normal business resumes.

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BUSINESS NOT AS USUAL

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have delayed or cancelled at least one future aspect of their business such as travel, infrastructure upgrades or hiring.

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think their organization will attend or host in-person events again before the end of the year.

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plan to take advantage of government programs such as tax payment deferral, loans or flexible benefits.2

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of companies plan to provide solutions for employee stress over the next 6 months.

1 (Deloitte: Impact of COVID-19 on Business Survey)
2 (PWC CFO Pulse Survey)

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