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Embedding Resilience FEATURE

Addressing the business challenges presented

by the coronavirus

he impact of the coronavirus (COVID-19) businesses that are truly fit for the future,
is being felt by all businesses around the leaders face accelerating changes in technology,
Tworld. Leaders are navigating a broad consumer expectations and society itself. The
range of interrelated issues that span from keeping pressure is on to shape their strategy and
their employees and customer safe, shoring-up restructure their organizations to deliver better,
cash and liquidity, reorienting operations and lasting results for all their stakeholders.
navigating complicated government support Business protection
programs.
The smartest businesses don’t just manage risk,
Economic insights
they use it as a source of accelerated growth and
As COVID-19 creates further economic market edge. Insight-driven risk optimization is
uncertainty and loss, maximizing returns, a value generator because it helps the future-
managing risk and ensuring the continued focused organization to do what it wants to do,
health of your business demands a deep quickly and safely. A well protected enterprise is
understanding of changing market conditions not just a safe pair of hands, but has the potential
and government policy. Timely, in-depth political to be the most confident and disruptive innovator
and economic scenario analysis for the outbreak on the block.
and the potential path(s) to recovery for individual Digital adoption and transformation
economies is increasingly critical to business
planning and commercial decisions. New combinations of talent and technology
are delivering decisive advances in customer
Navigating the new reality experience, operational efficiency and competitive
Time is of the essence for companies striving to edge. Digital transformation should drive positive
combat the immediate impact of COVID-19 while outcomes: whether it’s streamlining processes,
also laying the foundation for a strong future. harnessing data or shaping entirely new ways of
Entrepreneurs, family businesses and private doing business, this is about uniting every part of
companies are generally able to respond and the enterprise in a common purpose.
adjust more quickly than others given their agility
and ingenuity.
To help you understand the potential impact of
the global pandemic on your business today,
combined with considerations for positioning
your business for future growth, we encourage
you to review the timely COVID-19 and business References
insights brought to you from KPMG Private https://home.kpmg/xx/en/home/insights/2020/03/the-
Enterprise leaders across the globe. business-implications-of-coronavirus.html
Business performance

Achieving growth and performance – consistently Responsibility for opinions expressed and the accuracy of facts
and confidently – is not easy. In building published in this article rests solely with the author.

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