In: Operations Management
Reflect on the impact of the COVID-19 pandemic on a company's ability to continue business operations (business continuity plans). Must include a link to a journal or article discussing the company's response.
COVID 19 has very negative and adverse impact on all the business operations of maximum countries of the globe. Countries like America, Spain, India and many powerful countries are under high pressure on all its economy due to this pandemic.
Business operations got slower now, people are working from home but still the work efficiency and effectivity is not very high.
A sudden change in volume, real time decision making, workforce productivity, risks related to the security of the employees and so many problems occur due to this COVID 19 pandemic.
Companies are now emerging up from this pandemic by recognising it's system priorities and challenges.
Businesses of e commerce is being also very highly effected by this pandemic. Most of the countries are in complete lock down mode, India is one of those countries. Foreign trade is closed. None of transportation is done due to lock down in this pandemic. Grocery shops are in cervice and provide home delivery to the customers. Business meetings got cancelled. Only those works which are possible from home is being done right now in this COVID 19 pandemic.
Most of the businesses are focusing on manufacturing sanitizer, masks, ventilators and other stuffs in order fight against this pandemic like- IBM.
Companies are promoting digitisation at very high level in order to avoid physical contacts and maintain a proper distance.
Link - www.accenture.com