Discover our Top 5 Recommendations to Drive your Business Towards Economic Security
Since the middle of March 2020, the world economy has been charting a very uncertain course and finally, the storm has started to ease. At the peak of the crisis, businesses were driven into emergency mode – with little room to manoeuvre. Now that room to manoeuvre is growing again, businesses must grasp this opportunity to accelerate their recovery whilst also implementing measures to protect themselves from any future pandemics.
The key task for a business is to increase its resilience in the recovery phase. To understand how the recovery phase will look specifically in each sector, we can use other countries to give an indication. China, for example, is 2 months ahead of most other countries around the world. There, it can be seen that one month after the end of the lockdown, 90% of automotive businesses were active again – however, only 70% of textile businesses were and only 40% for catering businesses.
Download our full white paper today which examines how businesses can optimise their costs and improve their operational efficiencies in order to help protect cash flow whilst strengthening supply chains. The white paper also reveals our Top 5 Recommendations for accelerating your business towards economic security.