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4 ways family businesses can lead the pandemic recovery
(Credit: Unsplash)
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Jiawei Ye, Community Lead, Family Business Community, World Economic Forum
COVID-19 pandemic has revealed an intergenerational crisis and urgent need for a better model of capitalism.
With its long-term vision, stewardship and values-driven strategy, the family business model can be part of the global solution.
Economic recovery requires a more resilient and sustainable model that measures value and externalities holistically.
The COVID-19 pandemic has profoundly changed every aspect of our lives. Amid the short-term public health and economic crisis, it has also exposed an intergenerational crisis, putting the long-standing divisions and imbalances of our economies and societies into sharp focus.
Recipe: Okonomiyaki01:00|BRANDED
Okonomayki is a Japanese savoury pancake typically filled with cabbage. It’s cheap to make and delicious! We make ours with bacon because… well, everything’s better with bacon!
Prep time: 10 mins
Cook time: 15 mins
Serves: 2
INGREDIENTS:
- 4 slices free-range Danish bacon (we love Hellers)
- 4 eggs (we love Woodland)
- 1/4 mini sweet cabbage, thinly sliced or mandalined (we love The Fresh Grower)
- 1 cup flour (we love Chantal Organics)
- 1 tsp baking powder (we love Chantal Organics)
- ½ cup water
- 2 tsp soy sauce (we love Lee Kum Kee)
- 2 tbsp avocado cooking oil, for frying (we love Olivado)
By Ian Quinn2020-12-18T00:01:00+00:00
Source: Unsplash
There’s a new head chef in the kitchen. After many years at the top of cooking sauces, Dolmio has been usurped by Old El Paso.
The change in power dynamic comes after an extra £158.8m poured into cooking sauces, which emerged as one of the biggest beneficiaries of lockdown. That’s more than 10 times the growth The Grocer reported this time last year – and, before that, cooking sauces had endured several years of decline.
The intermittent closure of hospitality has been a driving force behind this change in fortunes. As shoppers were keft unable to visit their favourite restaurants, they looked to spice up their home cooking. Italian grew as a result but, in the monotony of lockdown, far-flung flavours performed even better as Brits looked for a taste of the exotic.
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