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COVID-19 Best Practices And Learnings From Over The World.pdf

BCG-India-COVID-19-Best-Practices-and-Learnings-From-Over-the-World.pdf
Preview of COVID-19 Best Practices and Learnings From Over the World
🔗 Source: media-publications.bcg.com
📊 Size: 679 KB
👤 Author: The Boston Consulting Group
⬇️ Downloads: 255

Summary

Boston Consulting Group's approach to handling the impact of COVID-19 involves three stages:
1. Now (max 2-3 weeks): Tackle immediate priorities, mobilize a "war room", protect employees and customers, and control the narrative.
2. Near-term (3-6 months): Prepare for the rebound, seek advantage in adversity, reinvent self, and re-define purpose.
3. Medium-term (beyond 3-6 months): Plan for the new reality post-crisis, restructure to build resilience, and fortify liquidity and profitability.
Companies have taken various actions, including creating crisis task forces, prioritizing employee safety, and stabilizing morale, to respond to the crisis. Examples include Huazhu, Meizhou Dongpo, and Supor, which have implemented measures such as adopting a bottom-up and top-down approach, reducing human-to-human contact, and creating clarity and security for employees.

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Description

Boston Consulting Group's approach to handling the impact of COVID-19 involves three stages:
1.

Technical Information

  • File Format: PDF
  • File Size: 679 KB
  • Pages: 13
  • Language: EN
  • Author: The Boston Consulting Group
  • Total Downloads: 255
  • Last Updated: 4 weeks ago

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