For many (people and businesses) adapting to the pandemic and adopting new best practices has not come easy. There are both internal and external influences to every business. Unfortunately, COVID 19 is both, which is why the impact has been so wide spread to every industry and every type of business.
When we consider the agility of a business to respond to influences, it is not the size of the business, but the preparedness and ability of the business to adapt and evolve quickly.
We have all become very aware of the term “sustainability”; economic, environmental and social impact. This is not a term limited to natural resources, it’s also a very appropriate term to describe the “health” of a business. Economic – is a business’s cash flow, supply and demand. Environmental – is the industry and external influences that impact our business environment. And, Social – is our people within the business and the community(s) we serve.
As we navigate through and beyond the pandemic and look to the “new normal” – whatever that may be … the businesses that have been agile, adapted and evolved will be the ones that survive and thrive.
Ask MacLean Business Consulting to help you navigate and evolve through these changing times.