THIS WEEK’S TOPIC: How would the Phase Two reopening of the economy change the business prospects for your organisation?
As an entrepreneur, my heart goes out to all the businesses which have been affected by the pandemic. Local F&B favourites like Modesto’s and Starker have shut down, while international names like retail giant JC Penney, car rental company Hertz and shoe chain Aldo have all gone bankrupt.
With the Phase Two reopening, our new normal comes in two forms: work and travel. On the work front, all of us are still working from home as much as possible. On the travel front, many trips scheduled from July to the end of the year have been cut down, especially if meetings can be done via Zoom.
A positive note for business is that due to the combined effect of global government directives to stay home and increased market volatility arising from central banks’ quantitative easing measures, we have seen an uptick in the opening of client accounts all around the world.
To view my thoughts on Business Times, visit this link: https://www.linkedin.com/pulse/breaking-through-next-level-mario-singh
