Oct 24, 2021 Last Updated 04:38 AM EDT

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Post COVID-19 Recovery: Top CEOs Give 3 Key Things to Prepare Your Business

Nov 03, 2020 11:20 AM EST

As the COVID-19 pandemic raged for more than seven months now, making a turnaround for businesses requires a cohesive team and leadership in both field and management. 

Business leaders are now thinking about how to recover from the effects of the pandemic immediately. 

Post COVID-19 Recovery: How a Business Could Prepare? Here Are the Top CEOs' Advise
(Photo : You X Ventures/Unsplash)
Post COVID-19 Recovery: How a Business Could Prepare? Here Are the Top CEOs' Advise

In the third series of Fast Company's "Growth in Crisis," Michael Crow, Arizona State University president, Infoblox CEO and president Jesper Andersen, and president Martine Ferland talked about the strategies that businesses must adapt to move forward. Here are the top three, according to Fast Company:

Technology

It is advised to upgrade the technology and ensure that your team and clients have the digital tools they need for your business to thrive.

Given ASU as the sample, if they add a third platform for classes, professors could teach how suits them best, and students would learn. ASU has used one billion minutes of Zoo, as per Crow's estimation. 

This revolution means that people and companies need to utilize technology to tackle the challenges that have emerged since March. Andersen said that the COVID-19 pandemic showed the haves and the haves-not.

Many conversations are going on worldwide with companies that are not yet ready for that kind of setup, so they see an acceleration in the digital platform. 

Attitude

To make fundamental changes to a workflow or a workplace is possible only if the leadership's approach also adapts. It will be either a new philosophy that will arise or all the coronavirus-era learnings will wither away. 

Ferland noted a scenario where a business is considering making call center remote. They would have analyzed the option for two years and decided against making the change. On the other hand, a switch like that would happen within 24 hours amid the COVID-19 pandemic. 

Flexibility

The importance of modern workplace should remain unchanged for decades. However, COVID-19 ended it. Although, leaders of both small and large companies have to lean into it. The overhaul could mean anything from repurposing physical office spaces to going all-remote to institute health and safety guidelines previously unheard of.

Crow says that we have 21st-century flexibility derivative of technological and organizational changes that overcomes the industrial models' rigidity in the past. 

"We think we're going to have a better workplace as a result of what we've learned through COVID than we've ever had before because now we've added flexibility to everything we do," added Crow.

Post-COVID-19 Economic Recovery Remains Main Concern

According to CEProAxis Communications released the findings of its U.S. Partner Integrator Survey that aims to show how integrators and their end clients respond to the COVID-19 crisis amidst instability and uncertainty in the marketplace.

The survey of 455 security professionals revealed that end users are more willing to explore IP-based solutions, and the acceptance of the AI will accelerate after the pandemic.

Fredrik Nilsson, vice president of Americas, Axis Communications, said, "The pandemic demonstrated a clear understanding that technologies that support business continuity and employee safety should be top of mind for everyone within the organization, not just security professionals."

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