Are you ready to transition to the Low Touch Economy?
The task is daunting, so let’s break it down.
1. Do you have projections? Will your customers re-engage? Have you asked them? Do you have an offering that is safe and profitable?
2. Is your COVID-19 Operational Plan ready? Have you thought about workflow and congested work spaces? Are you ready to train your staff on Hygiene & physical distancing (6 feet is quite a ways apart). Do you know what PPE you should have? Do you have signage in place that will nudge the right behaviours?
3. Are you able to communicate this to your colleagues and customers?
Your supply chain is likely decimated. Movement of goods is slow and expensive. Have you factored that in?
All of this requires a timeline and a set of activities.
If you’re in Canada and you’re benefiting from the wage subsidy you have 5 weeks to be operational and profitable.
Don’t start #2 or #3 on this list until #1 feels right.
No Customers, no business. It’s that simple.
May 22, 2020