Tuesday, May 26, 2020

Strategy Development: Responding to COVID-19

The world is changing. Forced isolation and social distancing restrictions have been put into place with the advent of the COVID-19 health crisis. This is not expected to end soon, but is expected to have a lasting effect on the world. In fact, a new generation of consumer behaviors is already being shaped.

The new world will not be better off or worse. It will be different. During this period of influx, some businesses will thrive in this change and reach accelerated success, while others will struggle to find their footing in all of the chaos. The Low Touch Economy is here.

Businesses require rapid learnings on how to effectively respond to COVID-19 that is marked with plenty of ups and downs and economic uncertainty. There is a 3-phase approach that can guide businesses when taking on strategic options to be able to surpass and survive in this current global crisis:

1. Protect
2. Recover
3. Grow

There will be fundamental shifts that are here to stay and there will be industries and verticals that will be turned upside down. Taking the correct strategic approach is up to organizations to take.





Dawgen Global is an integrated multidisciplinary professional service firm We are integrated as one firm and provide several professional services including: audit,accounting ,tax,IT,Risk, HR,Performance, M&A,corporate recovery and other advisory services Caribbean Head Office Dawgen Tower 47-49 Trinidad Terrace Kingston 5 Tel: (876) 9292518 | (876) 9265210 info@dawgen.global

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