COVID-19 Outbreak vs Business Continuity
As COVID-19 outbreaks in many countries, contingency planning has been essential within the business world. We suggest in order to overcome this situation; businesses should come up with new strategies to find solutions to ensure their business survival/continuity. They need to be innovative and should strengthen their toolset.
Global Research Director for the Internet of Things (IoT) envisions a future where a network of virus-detection sensors uses facial recognition to identify, trace and monitor people that may have contracted the coronavirus.
Nowadays, companies expect their employees to work from home as a precaution to reduce the risk of being exposed to COVID-19. This work from home will ensure the availability of their service and the safety of their employees.
Technology is essential to ensure your people stay connected. Adopting cloud computing may be a better solution, so your data may store in the cloud rather than in the individual devices means information can be accessed from anywhere if you have an internet connection. Remote working will enable you to carry out the work using virtual meetings rather than face-to-face meetings.
If your business is using cloud technology, your employees will be able to work from their homes. For example, your finance team may be able to do invoicing by accessing to the accounting software, while they are not in the office physically. This flexible working may have additional benefits also. According to the research carried out by MindMetre Research, 82% (source) of employees from organizations offering flexible working are more productive, while 58% (source) say it improves your job satisfaction.
– Team SCB Corporate
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