Corona - Opening Business Opportunities

Corona 

Opening Business opportunities

Every time there is a threat of a pandemic, it takes a big toll on the psychology and emotions of the general public very badly.
Business community is no exception to this.

This negative sentiment impacts the economics of all the countries,  whether affected by Corona or not..

The imprint Corona has left and the impact it's likely to make in the coming months for Businesses is scaring....

Governments, researchers, medical fraternity throughout the world are working overtime to contain and eliminate Corona.. 

Offices, commercial establishments, shopping malls  being closed for few weeks, almost all employees being asked to work from home, people being asked to maintain a meter's distance; these kind of precautionary measures are unheard of.

Almost all business houses (except those which are benefiting from the scenario)have lost revenue and are likely to loose more in the coming months.

In any case, there is nothing much that can be done now;

But the current situation is opening a few options, possibilities and opportunities.

There will be learning for:
1. Employees who are not used to working from home
2. Employers who haven't got done work done remotely...

More over, almost everyone will have more time at their disposal, saved from
1. Travelling to and from office
2.  Unwanted meetings
3. Unproductive activities

Each will be forced to learn effectiveness in this adverse situation.

This environment opens up a new working style, which may even prove cost effective, if handled properly...

This also may throw business opportunities for outsourcing certain online services.

Most importantly, the decision makers and stake holders in every business will have  time to review the business with available data and analytics.

They will be able to use this time to revisit how to improve the products and services,  systems and procedures and overall Business strategy.

The chances are bright for changes to take place in
1. Working place and environment
2. Communications
3. Infrastructure (can become minimal)
4. Outsourcing Services

Those Businesses which can adopt to the above effectively and efficiently could stand to gain in the long run

Muralidharan Margabandhu 

Whatsapp : 9841049588