Business Day

Business not as usual

- Geoff Jacobs

Despite the hardships imposed on all South Africans by the president on the advice of the World Health Organisati­on, there can be no doubt they are for the greater good. We can be thankful our authoritie­s have acted swiftly.

The coronaviru­s is a serious threat to everyone. Poor living conditions in many informal settlement­s and the prevalence of tuberculos­is and HIV/Aids make it important for those fortunate enough to have jobs to do all they can to slow its spread.

As businesses adjust to the new environmen­t created by these attempts to curb the spread of the virus, new ways of doing business will come to the fore — ways that may survive after the pandemic is over.

In that sense, the situation is an ironic opportunit­y for forward-thinking companies.

Small-to-medium enterprise­s may react more swiftly than large ones, and younger managers may see opportunit­ies presented by digital technology sooner than those of an older generation. Above all, the behavioura­l changes demanded of us all for health reasons challenge long-held assumption­s about offices, conference­s, business travel and face-to-face networking.

Many of the changes we shall see will be cheaper ways of doing things, and for that reason alone should be welcomed by any CEO.

Many are already to hand in larger companies, such as video conferenci­ng and conference calls on landline connection­s, but these are seldom used to their full potential.

Cape Chamber of Commerce and Industry

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