During the Corona Pandemic we have learned how to protect our healths. But we also need to learn to protect our businesses.
By now there should be no need to explain to an informed person why social distancing, or, as it is also called, flattening the curve is necessary to protect our health systems. If one has the slightest respect for the health of other people, there is no way around it.
Yet with each day that the current crisis continues, we also need to understand how we can prepare our businesses for the economic consequences of this and of future health crisis.
- What will be the long-term impact of this crisis?
- Can we continue business as normal once the virus is back under control?
- Or will this crisis extend across industries like the credit crisis did?
- Should we just wait or should we take measures?
- And what measures can we take?
This is what we will explore here, enabling you to develop options to tackle the economic crisis instead of being a passive victim, helping you redefine how you do business in this new world.
'Luckily', we can draw from experience. As bad as the 2008 banking crisis was, fortunately there are a number of lessons that we have learned, that we can apply now.
We will go step by step:
- first we will understand the situation, try to understand impact of the crisis.
- then we will move on to understand the options that we have.
LET'S DIVE IN