May 20, 2021
There is little doubt that the COVID-19 pandemic has forever changed the way in which businesses interact with customers, suppliers, and advisors. Although each state has experienced varying degrees of uncertainty, all have shared the need to be better positioned to thrive in the new COVID normal. Through lockdowns, delays in supply-chains, zoom meetings, and disruptions to global trade and currencies, we now understand how important it is to have solid foundations in every aspect of one’s business. Predominantly, these foundations can be best described as: Supply Chain Management and IT Systems Marketing and Visibility Financial, Accounting, and Legal advice and advisors HR and Staff Management By focusing on these four areas of a business, one can expect to identify areas in which the effects of the pandemic have highlighted the need to change how they are managed and operated. The following paragraphs will provide a brief overview of how you can thrive in the new COVID normal. Supply chain and inventory management A business’ performance during the pandemic can almost…