{"id":820,"date":"2020-05-13T06:15:06","date_gmt":"2020-05-13T06:15:06","guid":{"rendered":"https:\/\/safcom.com.au\/?p=820"},"modified":"2020-05-14T01:02:52","modified_gmt":"2020-05-14T01:02:52","slug":"covid-19-recovery-strategies","status":"publish","type":"post","link":"https:\/\/safcom.com.au\/2020\/05\/13\/covid-19-recovery-strategies\/","title":{"rendered":"COVID-19 Recovery Strategies"},"content":{"rendered":"<p>By tagging the COVID-19 Coronavirus as \u201cunprecedented\u201d, \u201conce in a lifetime\u201d and \u201cbiggest financial crisis since the Great Depression\u201d leaves us all in a state of confusion and fear. Navigating our way through this situation has been a daunting task to say the least.<\/p>\n<p>Here in Australia we seem to have done a fairly good job of controlling the spread of the virus, but it has come at a terrible financial and social cost to us as individuals and businesses. The threat of the virus spreading appears to be abating, however the real financial impact is just beginning to take hold.<\/p>\n<p>As COVID-19 restrictions are slowly being lifted, businesses must ensure they are developing effective recovery strategies. There are basic strategies that business can use to recovery from any critical incident.<\/p>\n<h6><strong>1.\u00a0 Keep your head in the game to stay in the game<\/strong><\/h6>\n<p>Basically this means to stay focused on the things that you can control. Take the opportunity to revisit your business plan to understand your business; who are you, what do you do and why do you do what you do?<\/p>\n<h6><strong>2.\u00a0 Financial Health Check<\/strong><\/h6>\n<p>Work with your accountants and financial advisors to establish the real financial health of your business. Explore what financial assistance may be available during the recovery process such as:<\/p>\n<ul>\n<li>Government assistance programs<\/li>\n<li>Mortgage and debt relief<\/li>\n<li>Commercial rental assistance<\/li>\n<li>Creditor re-payment terms, and<\/li>\n<li>Financial assistance for employees<\/li>\n<\/ul>\n<h6><strong>3.\u00a0 Develop a Business Continuity Plan (BCP)<\/strong><\/h6>\n<p>A business continuity plan is a documented strategy designed to help prepare for and recover from any event that may disrupt business operations. Key criteria to be included in a BCP are:<\/p>\n<ul>\n<li>Risk Management Planning<\/li>\n<li>Business Impact Analysis<\/li>\n<li>Incident Response Plan<\/li>\n<li>Recovery Planning, and<\/li>\n<li>Communication<\/li>\n<\/ul>\n<p>Download your free Business Continuity Plan here &#8211;\u00a0<a href=\"https:\/\/safcom.com.au\/wp-content\/uploads\/2020\/05\/Business-Continuity-Plan-V.1.0.docx\">Business Continuity Plan V.1.0<\/a><\/p>\n<h6><strong>4.\u00a0 Communicate, Communicate and Communicate<\/strong><\/h6>\n<p>Regular communication is critical to an effective recovery strategy. It is essential to maintain lines of communication with:<\/p>\n<ul>\n<li>Employees \u2013 provide regular information on what is happening within the business, what your plans are and the status of their employment.<\/li>\n<li>Suppliers \u2013 keeping supply chains open is critical, remember most of your suppliers are in the same boat, work out how you can assist each other.<\/li>\n<li>Customers \u2013 stay in touch on a regular basis, this is a time you can strengthen these relationships, just call in to say \u201chi\u201d and check they are okay.<\/li>\n<li>External Information \u2013 staying informed is also critical, keep up to date with government and other announcements, forward relevant information to your stakeholders. Ensure you are receiving the information from a reliable source.<\/li>\n<\/ul>\n<h6><strong>5.\u00a0 Embrace Technology and Change<\/strong><\/h6>\n<p>Through the response and recovery process, businesses have had to explore other ways of doing business, using technology, working from home, online meetings etc. Technology has been a key reason a lot of businesses have been resilient during this crisis. Consider how you can make technology to enhance, not replace your employees.<\/p>\n<h6><strong>6.\u00a0 Take Care of Yourself<\/strong><\/h6>\n<p>Remaining positive will be difficult over the coming months. All businesses will be facing enormous challenges and it is inevitable that there will be times of enormous emotional and mental stress. Seek help if you are being overwhelmed and you may also be able to reach out to business associates to support each other.<\/p>\n<p>For further information please feel free to contact either Genie or Greg on the form below.<\/p>\n\n                <div class='gf_browser_unknown gform_wrapper' id='gform_wrapper_2' ><form method='post' enctype='multipart\/form-data'  id='gform_2'  action='\/wp-json\/wp\/v2\/posts\/820'>\n                        <div class='gform_heading'>\n                            <h3 class='gform_title'>Contact Form<\/h3>\n                            <span class='gform_description'><\/span>\n                        <\/div>\n                        <div class='gform_body'><ul id='gform_fields_2' class='gform_fields top_label form_sublabel_below description_below'><li id='field_2_5'  class='gfield gfield_contains_required field_sublabel_below field_description_below hidden_label gfield_visibility_visible' ><label class='gfield_label' for='input_2_5' ><span class='gfield_required'>*<\/span><\/label><div class='ginput_container ginput_container_text'><input name='input_5' id='input_2_5' type='text' value='' class='large'    placeholder='Your Name' aria-required=\"true\" aria-invalid=\"false\" \/><\/div><\/li><li id='field_2_6'  class='gfield field_sublabel_below field_description_below hidden_label gfield_visibility_visible' ><label class='gfield_label' for='input_2_6' ><\/label><div class='ginput_container ginput_container_text'><input name='input_6' id='input_2_6' type='text' value='' class='large'    placeholder='Phone number'  aria-invalid=\"false\" \/><\/div><\/li><li id='field_2_2'  class='gfield gfield_contains_required field_sublabel_below field_description_below hidden_label gfield_visibility_visible' ><label class='gfield_label' for='input_2_2' >Email address<span class='gfield_required'>*<\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_2' id='input_2_2' type='text' value='' class='large'    placeholder='Your Email' aria-required=\"true\" aria-invalid=\"false\"\/>\n                        <\/div><\/li><li id='field_2_8'  class='gfield field_sublabel_below field_description_below gfield_visibility_visible' ><label class='gfield_label' for='input_2_8' ><\/label><div class='ginput_container ginput_container_select'><select name='input_8' id='input_2_8'  class='medium gfield_select'    aria-invalid=\"false\"><option value='Your enquiry' >Your enquiry<\/option><option value='Skytrust Management Software' >Skytrust Management Software<\/option><option value='Auditing &amp; Certification' >Auditing &amp; Certification<\/option><option value='Quality Management Systems' >Quality Management Systems<\/option><option value='Workplace Health &amp; Safety' >Workplace Health &amp; Safety<\/option><\/select><\/div><\/li><li id='field_2_4'  class='gfield field_sublabel_below field_description_below hidden_label gfield_visibility_visible' ><label class='gfield_label' for='input_2_4' >Your message<\/label><div class='ginput_container ginput_container_textarea'><textarea name='input_4' id='input_2_4' class='textarea medium'   placeholder='Your Message'  aria-invalid=\"false\"   rows='10' cols='50'><\/textarea><\/div><\/li><li id='field_2_7'  class='gfield field_sublabel_below field_description_below gfield_visibility_visible' ><label class='gfield_label' for='input_2_7' >CAPTCHA<\/label><div id='input_2_7' class='ginput_container ginput_recaptcha' data-sitekey='6LcVcVQUAAAAACuX8vi-DN1Ou1cF6W1XKgyO7TPb'  data-theme='light' data-tabindex='0'><\/div><\/li><li id='field_2_9'  class='gfield gform_validation_container field_sublabel_below field_description_below gfield_visibility_visible' ><label class='gfield_label' for='input_2_9' >Email<\/label><div class='ginput_container'><input name='input_9' id='input_2_9' type='text' value='' \/><\/div><div class='gfield_description'>This field is for validation purposes and should be left unchanged.<\/div><\/li>\n                            <\/ul><\/div>\n        <div class='gform_footer top_label'> <input type='submit' id='gform_submit_button_2' class='gform_button button' value='send email' tabindex='1' onclick='if(window[\"gf_submitting_2\"]){return false;}  window[\"gf_submitting_2\"]=true;  ' onkeypress='if( event.keyCode == 13 ){ if(window[\"gf_submitting_2\"]){return false;} window[\"gf_submitting_2\"]=true;  jQuery(\"#gform_2\").trigger(\"submit\",[true]); }' \/> \n            <input type='hidden' class='gform_hidden' name='is_submit_2' value='1' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submit' value='2' \/>\n            \n            <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' \/>\n            <input type='hidden' class='gform_hidden' name='state_2' value='WyJbXSIsIjljNWI2OTBmN2QzNGJkMGZiNDUxNDFiZDBjNzU2MjY3Il0=' \/>\n            <input type='hidden' class='gform_hidden' name='gform_target_page_number_2' id='gform_target_page_number_2' value='0' \/>\n            <input type='hidden' class='gform_hidden' name='gform_source_page_number_2' id='gform_source_page_number_2' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div><script type='text\/javascript'> if(typeof gf_global == 'undefined') var gf_global = {\"gf_currency_config\":{\"name\":\"Australian Dollar\",\"symbol_left\":\"$\",\"symbol_right\":\"\",\"symbol_padding\":\" \",\"thousand_separator\":\",\",\"decimal_separator\":\".\",\"decimals\":2},\"base_url\":\"https:\\\/\\\/safcom.com.au\\\/wp-content\\\/mu-plugins\\\/gravityforms\",\"number_formats\":[],\"spinnerUrl\":\"https:\\\/\\\/safcom.com.au\\\/wp-content\\\/mu-plugins\\\/gravityforms\\\/images\\\/spinner.gif\"};jQuery(document).bind('gform_post_render', function(event, formId, currentPage){if(formId == 2) {if(typeof Placeholders != 'undefined'){\n                        Placeholders.enable();\n                    }} } );jQuery(document).bind('gform_post_conditional_logic', function(event, formId, fields, isInit){} );<\/script><script type='text\/javascript'> jQuery(document).ready(function(){jQuery(document).trigger('gform_post_render', [2, 1]) } ); <\/script>\n","protected":false},"excerpt":{"rendered":"<p>By tagging the COVID-19 Coronavirus as \u201cunprecedented\u201d, \u201conce in a lifetime\u201d and \u201cbiggest financial crisis since the Great Depression\u201d leaves us all in a state of confusion and fear. Navigating<\/p>\n","protected":false},"author":7,"featured_media":679,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/posts\/820"}],"collection":[{"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/comments?post=820"}],"version-history":[{"count":17,"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/posts\/820\/revisions"}],"predecessor-version":[{"id":870,"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/posts\/820\/revisions\/870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/media\/679"}],"wp:attachment":[{"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/media?parent=820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/categories?post=820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/safcom.com.au\/wp-json\/wp\/v2\/tags?post=820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}