Coming Out of the COVID-19 Crisis Preparing Your Business for the New Norm
Welcome to today’s webinar brought to you by MACF and Florida Mix. I am your host Sherry Reeves along with Christian Davison.
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Welcome to today’s webinar brought to you by MACF and Florida Mix. I am your host Sherry Reeves along with Christian Davison. We are ready to start our program. Today is May 7 2020, and we will start at 11:00 a.m. EST. Today’s topic: Coming out of the Covid-19 crisis preparing your business for the new norm.
Now, I’d like to turn the presentation over to our panelists:
- Doug Foreman, President of Fringe Benefit Plans
- Brittany Hooper, Regional Vice President of Sales LSQ
- Joey Raymond, Founder of RVR Consulting
Ready For Re-Entry?
- Recommend using a soft touch
- Be intentional in your process
- Is it better to retrain new hire or accommodate a former employee?
- Know your rights and the employees’ rights under the new FFCRA FMLA rules
- Do you offer an Employee Assistance Program (EAP)
The “New Norm”: Growth and Profitability After COVID-19
The Three Phases
- Phase 1: What do I need to do with my business to handle this crisis?
- Phase 2: How do I navigate through this?
- Phase 3: How do I successfully come out of COVID-19 poised for growth and profitability?
COVID-19: A Learning Opportunity
- Assess whether your product or service is still relevant, or if you will need to pivot
- Assess every aspect and function of your business, starting with clients, prospects, and vendors
- Remember the importance of weekly financial and operational reporting
- Right size your organization
- Optimize your structure, talent, and skillsets
- Review your systems for change and efficiency
A Good Leader Makes A Good Company
- Don’t stick your head in the sand
- Use this opportunity to make your company better, stronger, more versatile, more durable, and more
Questions?