BUSINESS IMPACT SINCE COVID 19-
Today the CEO are facing overwhelming competition challenges that continue navigate the impacts of covid -19 pandemic. Organisation are taking no regret to merge from the pandemic .The leaders are facing alot crisis accelerating digital transformation,variable cost structure.In recent weeks the situation has changed with the pandemic continuing with peak in the market.But companies now Consider the pandemic
progress strength in different geographical impacting the Recovery strategy.Companies must uncertain by course correcting again and again as circumstances changes .It requires to assumption strength their ability to respond and sense .The conavirus has forced companies to relavuate centre and leveraged how companies deliver customer experience where they work and how digital channel can be used to support business through crisis.The global covid -19 has changed the experience forever as customer,employees,citizens ,human and attitude and behaviour are changing .The crisis is changing how and What customer buy ,Changes in the consumer goods .Once the virus has passed the companies will need to impact th changes on the way to design,communicate,build and run the experience the people need and want.With
the emerging new behaviour the companies have an opportunity to accelerate digital commerce by expanding existing offers and creating new lines of service Like retailers provide contactless delivery and service to customer.The force organisation and digital strategy Capture new marketplace opportunity and digital customer strategy. Organisation globally experiences workforce.Companies are determining how we will work in long and short term as workforce and community try to function and perform and struggling to cope up what is happening in their life .Industries are rising to challenge helping people and organisation workforce shift such as urgent shift to a remote to protect employees and empower serve customers and established business continuity.Workforce strategy is critical to keep the global economy and helping people financially now and in future.Industries and companies work together to keep people working . Organisation need plans toalday that evolve global health and economic environmental changes. Business,citizens,employees and non profit all play critical role in establishing human centered in share workforce.Big shift in the stock market where share in company are brought and sold Can also affect the value of pension and savings account holder.Many people have lost their job and have seen their income cut.Millions of workers are also been put on government support job scheme as a part of economy.Social
distance and restrictions and covid -19 has expected to shutter many small business and entrepreneurship.This impacts the Pandemic on the number of active small business.African American business were hit especially hard in the drop business. Industry places high risk of business loosses. Immigrated business owners experience business losses in business activitiy.The widespread of closing of store all over the world due to Coronavirus is unpredictable.Many stores, factory and business have been closed down due to the policy and healthdown ,demandshifts and other factors.This is because of the Permanent closure of the owner to pay the ongoing expenses and survive the shutdown.Many business like agriculture, construction, restaurant, hotel, transportand personal/laundry services faced a large declines in the number of active business owner due to covid 19.Research on small business and entrepreneurship is growing rapidly.There are few data that provides additional information on geographical characteristics of the owner.
The impact of covid -19 crisis leaders in Industry are moving urgently to protect the employees and build . Government are safeguarding The citizens and managing the economic fall. Business and government play a critical role in helping the people and economy and developing solutions changing innovation.Leaders are looking further ahead to Envision how the ciris will continue to affect the competitive
environment and what society will be in coming weeks or years .The impact of conovirus on the economy the leaders are step on multiple attending people immediately needs, ensuring the health of the business, continued changing business strategy and positioning enterprise to a new normal. Emergency in pandemic are depending on the human behaviour ,people are feeling safe in the world and in the workplace and workers becoming more healthy and productive. Organisation in the pandemic Trends will emerge the coming recovery how leaders will prepare for the next competition of home responsibility and social issues are everyone's problem.It's time for business to fight back.We have seen there are major shifts that are forcing companies to rethink how they will operate virtually in every area,from pricing to supply chain and sales in every area . Keeping on the transformation angenda.Change program that priorities growth ,debt reduction and flexibility the full value of resilience and Build advantage for next crisis.Leaders now need to focus on the long term.Some organisation had the transformation when the pandemic hit. As the covid world emerge leaders must shifts their attention back to broader challenges. Businesses can position to succeed in helping shape the new reality.And some behavioural changes the greater use of digital commerce and tools are sticking Demand for fitness of online classes and do it yourself hair styles proved fleeting.Other behaviour shifts such as increased use of digital and healthier products are enduring . Understanding what really drives in buying decision in covid-19 work is crucial to maximize share in the target
market .The conavirus has created challenges for public sector, organisation ,healthcare, companies and industries the power and importance of social impact.What has worked ,what can be changed,what can be improved need to reimagine so that they can better prepare for the next pandemic and able to improve the health in the world's poorest nation.Companies have the power to change health care and end the trade off between quality and cost.Protecting health population first can save of a country reopening