How can businesses mitigate the impact of COVID-19?

Businesses all over the country had very limited choices during the onset of the Coronavirus. After all, we have yet to experience anything like this. There have been some states which have been put in a state of calamity due to weather, but what we face now is truly unprecedented. Thankfully, there were a lot of businesses that were able to adjust to this new reality, according to Michael Saltzstein. Here are some strategies businesses employed to mitigate the impact of COVID-19.

Skeletal forces

Large companies can employ skeletal forces to run specific departments so as to avoid risking every employee’s health. Skeletal forces usually pertain to a few capable individuals who can hold the line and perform regular tasks. This would include a supervisor and a handful of employees. Skeletal forces can be rotated in order to make sure everyone in the team is able to contribute to completing tasks.

Work from home

Some companies have allowed their employees to take their work home in order to avoid having to go to the office. This is, of course, provided that they can stay productive at home. Thanks to online applications like Discord, Zoom, and Skype, teleconferencing has replaced physical interaction. Employees can work remotely so long as the company can grant them access to work-related data.

Platform change

This strategy is most promising for smaller businesses like retail. Instead of selling products from a physical store, they can open a website or sell their products online. This may, of course, involve additional steps to the supply chain and costs could go up, but it also ensures that goods will continue to move and customers will get their items on a timely manner. Michael Saltzstein believes that this strategy not only keeps entrepreneurs safe, but also puts the safety of customers first.

Michael Saltzstein has served at USA Swimming as a volunteer and official for more than 30 years. Mr. Saltzstein was Vice President of the organization from 2000 to 2006 and was the Initial Chair of the Insurance Subsidiary’s Audit Committee. For more insightful reads on business, visit this website.