Preparing Your Business for a Post-Pandemic World

Along with the severe health and humanitarian crisis caused by the corona virus pandemic, executives
around the world face enormous business challenges: the collapse of customer demand, significant
regulatory modifications, supply chain interruptions, unemployment, economic recession, and increased
uncertainty. And like the health and humanitarian sides of the crisis, the business side needs ways to
recover.

The following questions can guide you as you work to bounce back from the crisis.

1. What position can you attain during and after the pandemic?

2. What is your plan for bouncing back?

3. How will your culture and identity change?

4. What new projects do you need to launch, run, and coordinate?

5. How prepared are you to execute your plans and projects?

https://hbr.org/2020/04/preparing-your-business-for-a-post-pandemic-world
 Reimagining the post-pandemic organization

https://www.mckinsey.com/business-functions/organization/our-insights/reimagining-the-post-
pandemic-organization#

The post-pandemic world: key considerations for business leaders

 Strategy for accelerated change

As companies emerge from a protracted crisis mode—evolving from their immediate response to the

COVID-19 pandemic to managing through the crisis and preparing for resumption of on-site operations—

business leaders have been stabilizing their organizations and are looking ahead to plan for a post-

pandemic world.

How they address the strategic challenges before them will determine the success of their organizations
for years to come. Below we consider some key factors that business leaders are navigating.

1. Accelerated change

2. Greater government involvement is here to stay

3. Capital raising will remain a critical concern

4. The limits of globalization

5. The need for higher government revenues will drive ongoing tax changes

6. Focus on the individual and social concerns

7. Confronting new risks

https://www.torys.com/insights/publications/2020/07/the-post-pandemic-world

Seven key actions business can take to mitigate the effects of COVID-19

The key to managing any crisis is preparation. Here are seven actions that you as a leader can take to
ensure your organization is in the best shape possible to withstand what’s ahead.

1. Review workforce locations and travel. 

 2. Revisit your crisis and continuity plans.

3. Evaluate the supply chain.

4. Identify potential points of failure.

5. Get communication right.

6. Use scenario analysis.

7. Don’t lose sight of other risks.

https://www.strategy-business.com/blog/Seven-key-actions-business-can-take-to-mitigate-the-effects-of-
COVID-19?gko=4c0d1

Covid-19 In India: A Swot Analysis

https://niti.gov.in/covid-19-india-swot-analysis

ASSIGNMENT - 1

Fashion Industry has been deeply affected with COVID-19 outbreak, with no business for months and
resuming with very less numbers of customers and orders, as consumption of fashion has not being the
part of essentials.
Pick up a Fashion Brand, who has such economies of scale, that they have to alter, change or improvise
on their current strategies to either balance the effects of COVID-19 or to take opportunity to innovate
during these times. (During or Post Pandemic)

Starting from,

Mid Term

1. Company Introduction (4 P’s) & Competitors (Fashion & Lifestyle Brand)

2. Vision & Mission Statement Analysis
3. Identifying Key External Factors (Opportunities & Threats),(Quantitative & Qualitative Data)
4. Identifying Key Internal Factors (Strengths & Weaknesses),(Quantitative& Qualitative Data)
5. EFE Matrix
6. IFE matrix

End Term

7. Strategies In Action
8. Strategy Formulation (TOWS, BCG, IE & QSPM)
9. Application & Implementation of Strategies
10.Recommendations & Suggestions
11. Conclusion

P.S : Take single brand/company for which you will do all the future assignments including this one, to
help you understand the complete Strategic Management Process.
Groups

STRATEGIC AND INNOVATION MANAGEMENT GROUPS:

GROUP 1: H&M

1. Anna

2. Aayushi

3. Anjum

4. Divya

GROUP 2:

1. Manvi

2. Mallika

3. Gourav

4. Vivek

GROUP 3:

1. Shubham

2. Akanksha

3. Princy

4. Himani

GROUP 4:

1. Avantika

2. Samiksha

3. Unnati

4. Abhishek

GROUP 5

1. Harshita

2. Sushmita

3. Kuldeep

4. Manoj pal
GROUP 6

1. Ayushi k.

2. Alka

3. Tripti

4. Amit

GROUP 7

1-Neha

2-Manoj

3-Ajay