As the effort to slow the COVID-19 virus disrupts our lives, organizations are swiftly reacting to their governments’ calls to close offices and limit or ban social gatherings by asking their employees to work from home. What does this degree of disruption mean for businesses in the short, medium and long term? What measures can we put in place now to weather the storm and ensure we emerge in the best possible shape?
Listen in to this special edition of the ISG Smartalks™ podcast as host, Barry Matthews, speaks to ISG Partners Bill Huber and David Lewis about the practical steps businesses can take to protect their revenues and manage costs during these uncertain times. Now more than ever organizations need a roadmap. Re-evaluating supply chains, business continuity plans and contracts are essential first steps as we respond to the current public health and economic crisis. Cloud solutions, as-a-service technology, automation and careful supplier management each will play an important role in allowing businesses to retrench and scale up again quickly when the worst is behind us.
There’s no doubt many parts of business operations will be permanently impacted. An organization’s ability to survive and recover will depend on the actions its leaders take now. Human ingenuity is strong, and we believe innovative technologies and responsible work protocols will emerge from the ashes of the COVID-19 virus outbreak.
Click here to read more about actions you can take right now to mitigate operational risk in the face of COVID-19.
Join the webinar: COVID-19 – Top 5 Actions to Deploy Immediately