The global covid19 pandemic is totally un-precedented and its effects will be felt long after it is declared over even after 2020. There could also be other pandemics in the future as well, not to mention other issues such as the technology revolution that will continue to change the business landscape with its existing industries and businesses as we know today. Undoubtedly some of these industries and businesses may not exist in the near future. Consumer attitudes are also fast changing along with rising unemployment and uncertainty in disposable income.
All businesses will need to urgently and continuously re-evaluate their operations and market relevance. This calls for e-positioning their investments, physical assets and expert skills of their employees. Cutting costs and wastage is not enough, it will also require new market planning, redesign of activities and adopting of innovation and technology, and retraining of employees
This programme will initiate some serious thinking for senior business managers to re-make their business units and customer bases. Its about protecting the business and its future, and its urgent for the top management. Do it now, urgently.