Mar 17, 2020 - Lifestyle International appoints Rishi Vasudev as CEO

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TradeBriefs Editorial

From the Editor's Desk

Covid 19: Implications for business - How to respond

In our experience, seven actions can help businesses of all kinds. We outline them here as an aid to leaders as they think through crisis management for their companies. These are only guidelines; they are by no means exhaustive or detailed enough to substitute for a thorough analysis of a company’s particular situation.

1. Protect your employees
2. Set up a cross-functional COVID-19 response team
3. Ensure that liquidity is sufficient to weather the storm
4. Stabilize the supply chain
5. Stay close to your customers
6. Practice the plan
7. Demonstrate purpose

Continued here


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