Yank out Covid-19 dilemma: how to yank out under-performing products/ services/ units? A gentle approach spreads the pain, but slow removal just prolongs the agony. Rip off the sticking plaster in one go. Swift, short, sharp shock; then focus on higher-margin &/or better prospect items to ensure survival Guessed the Word? Series 59 (2/4) pic:…
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Everything Covid-19 is the ‘everything crisis’. Its impact is sharper, deeper & less predictable than previous shocks. Even good firms & talented workers will be affected. Don’t put all the eggs in one basket – diversifying reduces risk of running out of cash before recovery starts. To get an omelette, we have to break eggs. …
Home office Covid-19 workplace divide: those with a home office & those without. We’re all home workers now. What’s needed to settle down to work in unsettling times/spaces: A dedicated workspace. A solid, spacious desk. A comfy chair. Overhead & desk lamps. Ideally, a window. Adjust as needed for online meetings – ironically, when working…
Guess the Word and Contact Us for Prizes! Series 59 starts soon….. 1st letter of each Post Title (in a Series) spells a business word – spelt correctly or jumbled up. Previous answers: Series 58 spelt B-I-O-M-E-Z (ZOMBIE) Series 57 spelt R-O-U-G-H-F-L-U (FURLOUGH) Series 56 spelt N-O-W-L-O-C-K-D (LOCKDOWN) Series 55 spelt D-R-S-I-T-U-P (DISRUPT) Series 54 …
Zombie Exposed by Covid-19: zombie firms that are more debt than alive. Low interest rates & easy consumer credit kept them teetering on the edge of bankruptcy but undead, despite relentless price pressure. Lockdown + harsh recession = curtains. A shakeout will be painful for workers, suppliers & clients, as the dead men stop walking …
Ended Workplace practices ended by Covid-19: Live group brainstorming. (The boss’s idea wasn’t always the best anyway). Allocation of resources by the ‘invisible hand’ of the market. (Replaced by the long arm of the government, in return for loans & grants). Handshakes at the start & end of meetings. (Say it with flowers) Guessed the…
Mourn Covid-19 casualty: The Office, whose loss we now mourn. Provider of work, workplace, routine, structure, amusement, purpose, refuge, friends & partners. Enabler of sanity, escape from home chaos & ways to pass the time. Separator of work & home lives. Driver of higher standards of behaviour, dress & language. Situations vacant: Office Spouse, Jokers…
Out Lockdown release: who should be let out, to return to work? Let everyone out for 4 days, then back in lockdown for 10 days to wait for Covid-19 symptoms to show. Or let people with odd- and even- birthday dates out on alternate days. Or all those under age 50 return before the rest. …
Infiltrate Lockdown challenge: how to stop life infiltrating work? Create time & space boundaries around our working day. Find a desk sanctuary or separate work zone. If space is scarce, set up & pack up home office each day. Can’t allow working from home to become living at work. Out of the mouth of babes Guessed…
Big shop Back, due to Covid-19: the weekly ‘big shop’. Hello again, shopping lists. We’ve reverted to how we shopped for 50 years, until we stopped 10 years ago – one big weekly food shop. UK supermarkets report April transactions halved, while amounts bought doubled. Bye bye, little & often top-ups and trolley downsizing Guessed…