For some time most Industries have adopted a ‘just-in-time’ approach which when accompanied with automation and streamlining, results in a very profitable stable drive to growth.
It would be reasonable now to suggest everything we thought we knew has just been flushed down the pan. These are unprecedented times requiring some left field creative thinking.
What we can all be sure of is that relying on the main-stream-media to point to a direction or even to know what is going on is pointless – they just don’t and can’t know. Likewise, Governments don’t and can’t know. There are no set in stone scenarios, as every day is different and brings new challenges. Those that suggest they are on top of it have had to back track the following day. It is not an exaggeration to suggest the world is at war, at war with an unseen enemy. The rules of engagement have yet to be defined; you might as well ask ‘how long is a piece of string’.
If there is such a thing as past experience, we know we can only win this war when a vaccine has been invented and everyone has been inoculated.
Yet life has to carry on, we need to maintain structures and wealth creation for society to flourish and rebuild. In a trade context the most important part after the safety of staff and partners is the contact with the customer base. That doesn’t take too much thinking about; if you are seen to show empathy and share insight with your customers you are instantly working with them. Ask yourself, is business done with those that work with you or those that forget you exist? …»
What does Covid-19 mean for UK industry?
With the Coronavirus pandemic escalating day by day and businesses being forced to suspend operations a new industrial revolution may be upon us. David Leng, group chief executive at Customade Group, gives his thoughts on how the industry can react.
No one could have predicted the speed and intensity with which Covid-19 would spread. The pandemic has forced every business to change how they operate, with home-working now a necessity for most people. It is a tremendously difficult time for the nation and the disruption to many industries has been huge. With most companies having to close their doors for the foreseeable future, we must find ways to keep in touch with fellow colleagues and customers and be ready to resume business when this crisis is over.
Internet usage has accelerated at a phenomenal rate with Virgin Media reporting that the Coronavirus lockdown doubled the UK’s daytime internet usage. WhatsApp revealed that the number of video calls recorded across the platform has also doubled during the crisis. Additionally, use of video conferencing tools and apps like Skype, Facetime, Zoom and Houseparty, have also surged as people turn to them to stay in touch with work colleagues, separated family members and friendship groups.…»