Four ways to strengthen your business during the COVID-19 crisis

We’ve all been affected by the COVID-19 pandemic and its global spread. There’s a profound sense of uncertainty, and the way we live and work has changed considerably. We’re all having to adapt and learn new ways of communicating and working.

As a leader, what are you doing to manage risks? And how are you optimising opportunities to plan a strong future for your business?

It’s prudent to take this time as an opportunity to work on your business and lay solid foundations for it to be ready to roll out when normality returns. This will allow you to be better, stronger, more efficient, and more effective than you’ve ever been before, and you’ll be ready to hit the ground running!

How can you take advantage of these unprecedented and difficult times?

Make your business more resilient. In today’s ever-changing climate, the ability to adapt your business quickly to disruptions while maintaining continuous business operations and safeguarding people, assets and your brand has never been so critical. Spending this time to ensure you minimise risks and optimise opportunities will go a long way to help safeguard your business. This is why ISO standards are built around these principles. Click here for information on building the ISO principles into your business.

Review your company processes. Challenge the things that you’ve always done so you can be better, stronger, more efficient and more effective. Take this as an opportunity to develop those areas of the business that have been causing you issues or keeping you up at night. Read how the Rubik’s Cube approach can help.

Strengthen your team. Even if your staff are furloughed, they can still complete training to develop their individual skills and knowledge which will strengthen the business upon their return to work. Click here for government guidance on staff training whilst they are furloughed.

Support and funding. On top of the government’s business support programmes that have been released to help companies through these unprecedented times, ensure that you check the support and funding available through your Local Enterprise Partnership. This support may be able to help you develop projects or training to enable you to take your business forward despite the challenges we currently face. Many of the projects that we support our clients with here at Absolute Quality are eligible for grant funding or different forms of support.

Above all, work to position yourself and your business so you can reflect upon this challenging experience, look at your achievements, and consider how you’ve strengthened your business and culture.

Take this opportunity to become better, faster and stronger!