The way companies do business must change

Covid-19 has caused significant disruptions around the world. Global commerce has almost ground to a halt. Corporations are in uncharted territory, slashing capacity overnight as employees are unable to physically report to work under new measures to enforce social distancing.

Workplaces have been thrown into a tailspin. As a matter of fact, no one knows when these measures will come to an end. How should corporate leaders act in the face of such an unprecedented crisis? The struggle to save the economy and businesses is unlikely to have quick wins in the short term. Companies that have a risk-based approach will quickly transition their organisations to thrive in the new normal - Working from home or teleworking.