July 2024
Intermediate to advanced
202 pages
7h 23m
English
Content preview from How to Manage and Survive during a Global Crisis
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6 COVID-19 business response Adaptation, resilience, and innovation
6.1 Immediate response of businesses to COVID-19
The immediate response of businesses to COVID-19 showcased resilience, adaptability, and a commitment to safeguarding both employees and the continuity of operations amid unprecedented challenges (Sharma et al., 2020). The strategies employed during this phase often set the foundation for ongoing resilience and recovery efforts, as discussed in this section.
Emergency response planning: Businesses initiated emergency response plans to address the immediate impact of the pandemic. This involved establishing crisis management teams, defining roles and responsibilities, and implementing communication ...
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