Advisory Boards

The HR Challenges Ahead – Building the Bridge to (Post COVID-19) Tomorrow

There are many HR challenges that will be faced by every business as they work their way out of lockdown, including: confidence and energy levels of owners and managers are down fatigue and anxiety levels are high for owners, managers and retained employees businesses need to re-build their business structure around their future plans businesses

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The Business Challenges Ahead – Building the Bridge to (Post COVID-19) Tomorrow

There are some significant business challenges that business owners now need to both understand and attempt to manage. Cash flow is king – and businesses need to operate within their existing cash flow forecasts (and assume at least a 20% decline in sales revenue). Government stimulus packages will provide some positive cashflow offsets in 2020.

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COVID 19 Unemployment Rates

COVID -19 Accelerated Unemployment, It Didn’t Create It

Finally, the engine room of every business is their people – and in many businesses the engine needs urgent maintenance. In March/April 2020 over 3 million Australasian’s either lost their jobs or had their hours and pay reduced. Fewer people are being asked to do more, and this may have negatively impacted quality, customer service

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Business Confidence Covid 19 Australia

Internal Factors – Building the Bridge to (Post COVID-19) Tomorrow

The major internal factor is fatigue and exhaustion of business owners and managers. This group had little left in their emotional tank when lockdown was implemented, simply because of the challenging trading/business conditions in the previous 12 months. Owners and managers are normally in control of their decision making, and past history normally gives them

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COVID -19 Accelerated the Downtown

COVID -19 Accelerated the Downtown, It Didn’t Create It

In Australia, 2019/20 was characterised as a year of flat/little growth, tight margins, and a long drought followed by the worst bushfire season in Australia’s history. The arrival of the COVID-19 virus in 2020 has been followed by significant (and necessary) public health measures to reduce or eliminate the transmission and effect of the virus

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