Daily Monitor
Tuesday May 11 2021
Summary
In these current times, businesses will have no choice but to reset their revenue outlooks, change their financial assumptions, tweak their business models, and review their operations. Senior management needs to adopt a change management strategy.
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The spread of Covid-19 has not only disrupted lives, livelihoods and communities but it has also affected the performance of several businesses and the economy worldwide.
As countries emerge from the effects of the pandemic, some businesses are devising means to ensure that they mitigate disruptions to supply chains and excel in their business operations.
Some entrepreneurs and analysts reveal some management interventions that can be used to ensure business continuity amidst the pandemic.