Which door will you pick to enter a new era of business post-pandemic?

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Even if we wanted to return to pre-pandemic days, this will not be for months, perhaps years. However, we should not aspire to return to pre-pandemic days with the dawning of a new era of business innovation, creativity and aspiration to change to something better.

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Which door will you pick to enter a new era of business post-pandemic?

The pandemic has been tough on businesses. Fight back in 2021! Take a balanced risk management approach to recovery.

The Zoom meeting link will be published on LinkedIn around 24 hours before the online meeting on the 15th December 2020 at 5:00 – 5.30pm GMT. Don’t miss out on our virtual Risk Management Toolbox Talk hosted by Keith Lewis, editor@BusinessRiskTV.com.

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Which door will you pick to enter a new era of business post-pandemic?

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Exploring consequences of poor risk management with BusinessRiskTV

There are often good reasons for poor risk management. That does make poor risk management acceptable. Causes of poor risk management are varied. They include poor risk management culture, an inadequate enterprise risk management framework with accepted risk owners and risk supervisors as well as lack of effective enterprise-wide risk assessment process.

We believe there are business experts out there who want to improve the quality of enterprise risk management. Our introductory risk management toolbox talks are designed to open up your mind to more innovative ways to doing more business with less uncertainty. If you like our approach, you will have the opportunity to become a member of BusinessRiskTV for 12 months to protect your business better and grow your business faster.

Misconception Of Actual Real Risks Can Destroy A Good Business
Misconception Of Actual Real Risks Can Destroy A Good Business

Failure To Manage Enterprise Risks Vs Failure Of Risk Managers Risk Management Toolbox Talk

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In this context we do not just mean people with Risk Manager in their job title. We mean people who should take ownership of specific key enterprise risks as well as the people charged with monitoring or supervising risks including making sure risk management is embedded within the day to day activities of the business or enterprise.

Do you know if your business is making good or bad enterprise risk management decisions? Pandemic risk management is a good example of good and bad risk management – under pressure we make good and bad decisions. Every day pre-pandemic managers of business risk are under pressure. Post-pandemic managers of risk will remain under pressure.

This enterprise risk management toolbox talk focuses on understanding business risks better and how to make better business decisions to build business resilience and boost business performance. Because your time is so valuable we will complete our introduction to better enterprise risk management in no more than 30 minutes.

Title: Failure To Manage Enterprise Risks Vs Failure Of Risk Managers
Date: Wednesday, 6th January, 2021
Time: 5:00-5:30 p.m. GMT
Speaker: Keith Lewis, BusinessRiskTV

In this enterprise risk management toolbox talk we will cover:

  • Taking personal ownership of enterprise risks.
  • Understanding the true level of risk facing your business.
  • Identifying risk management action to protect your business better and grow it faster.

Save the date for introduction to how to improve your management of business risks to boost your business resilience and performance.

Northern Powerhouse Risk Management Online Seminars

Participants at introductory online risk management toolbox talk can also put themselves forward as business risk experts at future more advanced online workshop events to share your expert business knowledge and promote their business interests. Are you a risk management expert in your country, industry or specific risk topic? Get in touch with us if this is you.

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Global and local risk experts talking online about risk matters that could impact on your business objectives.

What are some strategies you can adopt to help you navigate uncertainty in the business world

Explore the trends and challenges in your business marketplace. Develop and execute new enterprise risk management strategies to survive and prosper no matter what the business environment is.

  • An insightful business risk webinar may help you avoid mistakes others have already made.
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Know when free and paid webinars are coming up so you can join the ones that matter to your business. BusinessRiskTV members receive a discount on paid webinars.

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Better Business Performance With BusinessRiskTV

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Many people are thinking about buying your type of products or services. Often the reason they do not buy from you is that buyers do not know that you are offering the type of products or services they want to buy.

Discover innovative ways to reach out to new customers with BusinessRiskTV advertising and marketing ideas to grow your business faster.

Reach out to and engage with potential new customers to at least give your business the chance to sell more

Grabbing the attention of people in buying mode gives you the best chance of making a sale today. Holding their attention for 30 seconds is a long time. Our clever branding ideas pricks new customers attention enough for your to pitch your products and services in the way you want.

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Importance Of Risk Taking In Business

WHO WE WORK WITH

Are you missing out on business opportunities to grow your business? Reacting rather than proactively engaging all your business resources and effort on what really matters. Do you really know where your business is going or could go? Or has your business exposed itself to too much or too little business risk?

Most businesses are owned or led by clever hard working and ambitious leaders who just need business management strategy and risk management tools to enable them to make risk balanced business decisions confidently.

HOW IT WORKS FOR YOU

Over many years of enterprise risk management experience together with risk consulting and training business owners and executives we will implement a unique proven business growth system which enables dynamic creative and ambitious business leaders to look at the bigger picture to make holistic enterprise wide decisions to create business value that engages all business assets more cost effectively and productively.

By working closely together to understand you your ambitions your risk management attitude and your business risks we can help you embed the best business management strategy to achieve more with existing assets.

What should you expect from us:

  • Increased profits and income
  • More engaged and productive team
  • More balanced risk taking with quiet nights sleep
  • Expansion of income streams
  • Ongoing experienced professional risk management support and mentoring
  • Flexibility and agility to cope with changing business environment and challenges
  • Reduced stress and more drive to achieve more with what you have
  • Clarity of vision and clear business risk map to achieve life and business goals
  • Increased business opportunities and ability to seize them more fully

We work together to make your business perform better.

WHAT TO DO NOW

If you are a clever hard working and ambitious leader with an established business with a team of at least 5 people and would like to transform your business to create more value from your business assets then contact us and we can arrange a time to speak and explore possibilities.

Helping you survive and thrive through coronavirus Covid19 pandemic

Use our holistic enterprise wide risk management approach to business decision making to navigate your way through this global economic crisis. Understand the key threats and opportunities from the pandemic. Make choices more confidently.

Alternatively pick from our armoury your weapon of choice to protect and grow your business regardless of the future risks. Risk management consulting and training services can be selected to fit your every need.

Use the right business risk management tool for your business

Learn how to use risk management tools and techniques to help you make decisions quickly with more confidence.

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Complete and submit the form below for free 30 minute risk management consultation. Book an appointment today for free so that we can understand what your business needs. We may then be able to help you create a risk management plans and offer business advice to help you. Enter code #BusinessGuide.

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Better Business Better Business World Collaboration

Increasing business leader collaboration for faster sustainable business growth with less uncertainty with BusinessRiskTV.com

Change your business risk management for better business and better business world. Increase business collaboration for mutual sustainable business growth. Connect with local and global business leaders to develop your business.

The world can be better place with better business collaboration with BusinessRiskTV

Develop your risk knowledge to understand the threats and opportunities facing your business. Create new business intelligence to inform better decision making. Tap into our risk management resources to better protect and grow your business and all your stakeholders in the business. Read articles and watch webinars on better business risk management.

Create a more successful team including key inhouse personnel and external business experts

A more holistic approach to business decision making will make more efficient use of your existing resources. Engage your own workforce on a better journey for your business with support from people outside your organisation.

Teamwork in business can include all resources available to you not just the assets you currently have in your business.

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Network with your peers and risk management professionals to find answers to your risk management questions quicker. Find out more about online virtual workshops webinars and online discussions to increase your knowledge and develop greater business management intelligence.

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Risk Management news articles live online. Our risk management experts guides and risk analysis for UK and worldwide. Access the latest business news opinions and reviews for free. Network with top business leaders to increase your risk knowledge and business intelligence.

Read about other peoples experiences and opinions of the past present and future of business in the UK. Find out more about the business risks around the world in English.

Our business reviews look back at the past with a view of learning the lessons for better future. Make better business decisions now to make tomorrow in business better.

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Things will be better tomorrow

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Make tomorrow today. Do not procrastinate another day. Transform your business tomorrow today. Things will be better in business tomorrow cause of what you did today and every day.

The business world today and the business world tomorrow will be hugely different after coronavirus pandemic. We need to tackle tomorrow today even in lockdown before peak infection comes.

There are better ways of working that can help alleviate and even solve the coronavirus pandemic. We can learn the better ways to make post coronavirus pandemic better.

We will not manage this crisis quicker by doing what we have always done. Neither will post crisis be better by going back to business as as normal.

Tomorrow will be a better if we change our today

Take action today for a better business tomorrow. Transform your business today. Tomorrow is not a given. Ask yourself how can I make tomorrow better than today? Work with people who can help you make your business better tomorrow.

Join our exploration of practical ways to make being in business better

Join for free and find out more about opportunities to meet up online with top business leaders locally and globally.

  • Listen to risk management experts on country risks industry risks or whole world business solutions.
  • Ask questions to find answers to your business problems.
  • Find business leaders to collaborate with on business development.

If you join for free today you will receive email alerts to online virtual meetings conferences and discussions you can join if you wish to. You will also receive in your inbox alerts bulletins and reviews to inform your business decision making. Improve your risk knowledge and business intelligence to protect your business better and grow faster.

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We have the tools you can use to build an online business for your existing business or start from scratch. Is it time to start your online business? How fast do you want your business to grow?

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We offer a complete guide on how to set up an online business without technical knowledge to do it. As long as you can use email and have the raw materials like some photos and perhaps video we can help you set up your own online business today.

Attract traffic to your existing business website or social media account. Build a side hustle for extra income or expand the growth of your existing business. We handle the technological undertaking building a stronger business faster. If you have a great business idea start and nurture it online with BuisnessRiskTV tips advice and support services. 

We quickly guide you through the key steps to follow when setting up your online business. Find out how to grow a more successful business online whether you are just on the High Street or already have an online presence in some form.

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Learn about our initiatives and activities to help businesses grow faster. Make your business better. Create new relationships with local and global leaders. Generate new revenue more profitably.

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How do we improve on yesterday so that today and tomorrow is better and more cost effective. What is it that we have that is good?

  • What could be better?
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Striving for perfection is not our goal. Do not let perfection be the enemy of the good enough. Focus on making realistic changes for the better happen. Dreaming of a better world tomorrow does not make the real world good enough today.

Practical action to progressively improve the world we live in

Most people in 3rd world countries are not interested in woke words. They simply want to live better tomorrow than they did today. Most peoples 1st world problems could be alleviated with a holistic approach to good business management and lifestyle choices.

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Fourth Industrial Revolution Latest News Commentary and Risk Review

Aspiration to live better wherever you live in the world can be fulfilled by solving all our problems together at once not by a piecemeal approach. Good words do not put food on the table or a roof over your head. Sodding your neighbour does not protect you from destroying everything you have built around you.

People can work together for common good

We do not need to be in the same country culture or place to work as a team to achieve what we want for ourselves. Getting what you want can help others to get what they want out of the investment of time.

Putting up trade barriers does not work for the builder of walls. Forcing people to be in your gang does not make progression towards goals fast enough. Seeing the mutual benefit at the end for all people on the bus does.

Our holistic approach to making decisions for the common good will be successful for all who lend support

If you put your shoulder to the wheel you can reap the rewards from the effort.

We are not looking for constant companions but do seek constant progress. Moving it forward a little everyday is better than big leaps now and again. We do not need to be beside you for every step but would like to be with you at the end of the journey. We can achieve more together than on our own.

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Free online marketing for businesses in UK

Manage the risk from the coronavirus as effectively as possible to protect and grow your business with BusinessRiskTV free tips advice and support

During the coronavirus pandemic there may be opportunities to grow. Changing what you do can produce new income. You maybe fortunate that that your business activity is relatively unaffected. Whatever your reasons we can help your business sell more online for free during the coronavirus pandemic.

Free advertising and marketing ideas for small and medium sized businesses SMEs. Start your free SME online advertising with BusinessRiskTV.

  • You provide the advertorial content by email. Tell us why your business offering is so good.
  • Include image to promote your business.
  • Tell us how and where you want new customers to go. Give us the specific website page or social media location we can direct your new customers to.

We will create and publish our marketing ideas for free. We can discuss how it works for you. Changes maybe possible to fit your needs better. You handle new sales enquiries orders or just extra traffic yourself.

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Opportunities to protect your business and still grow during coronavirus pandemic are in front of you

You just need to find the ones that work well for your business.

COVID19 will change forever what we do in business and how we do business. Many of the changes to business and the economy will be beneficial to business leaders and society.

Clearly in the short to medium term the global COVID19 pandemic will present challenges for businesses. However very quickly the ways of doing business will change dramatically. The 4th industrial revolution has been put on fast forward.

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Online sales and distance selling to expand through coronavirus pandemic

Now that we have been forced to take time to think about everything differently what will you do differently to ride the 4th industrial revolution wave ahead of your competitors?

Signs in the UK that there is demand for even more online. From food to online services to fashion people still want to shop but online from a distance. Major retailers are ramping up their online shopping and delivery services. Many are employing thousands of more staff to cope with demand.

Is your business making the most from online sales and delivery during coronavirus pandemic?

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The coronavirus will hopefully pass. It could morph into something worse or less bad. Even if it does not burn itself out the human race will take months to find a vaccine in sufficient quantities to control its spread. Even when the G20 countries have it relatively under control they will be repeatedly be reinfected from each other and less well developed countries as people start to travel again.

Make no mistake one way or another the coronavirus will have long lasting effects on businesses and the global economy. This will totally change how we do business forever. Sure people will return to shopping in High Street shops but the proportion of retail shopping completed online will jump.

Furthermore consumers and business leaders will access more of their services online. More communication than ever will be arranged online. There will be less desire to travel for face to face meetings. Business leaders will become more used to online meetings and realise its better than wasting time travelling. More training will be arranged online. There will be many benefits including protecting environment saving money and saving the most valuable thing time.

Such enforced changes in business practices will usher in the 4th industrial revolution even faster

The 4th industrial revolution was accelerating before the coronavirus. COVID19 will turbo charge it.

  • Jobs will become obsolete even quicker
  • Opportunities to innovate will come faster
  • Technology will advance more rapidly
  • Minds will be more open to change
  • Consumers workers and business leaders will be hungry for something better than what we put up with precoronavirus
  • There will be a bigger demand for faster internet speeds including 5G and increased supply

Now that we have been forced to take time to think about everything differently what will you do differently to ride the 4th industrial revolution wave ahead of your competitors?

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Book Sales Jump In UK During Coronavirus Pandemic
Book Sales Jump In UK During Coronavirus Pandemic

Publisher Bloomsbury Reports Best Half Year Profits Since 2008

Bloomsbury profits jumped 60 percent from February to August 2020. Online book sales and e-book revenues were both significantly higher.

Retail Experts Review September 2020

Retail Experts Review September 2020

Halfords bike sales jump 59 percent during coronavirus pandemic. Electric bikes and scooters sales rose by 230 percent.

Overall Halfords also benefited from online sales which jumped 160 percent.

Halfords corporate valuation on the financial markets has increased by around 10 percent due to its ability to capitalise on opportunities presented by the occurrence of pandemic.

Apple Smashes Revenue Forecasts Out Of The Park During Coronavirus Pandemic
Apple Smashes Revenue Forecasts Out Of The Park During Coronavirus Pandemic

Apple closed stores across the world as the pandemic imposed lockdown but Apple Inc business performance has been exceptional as people around the world turn top Apple products to help them get through pain of lockdown measures.

Apple Inc products across the board from phones to iPads flew from Apple suppliers to our homes around the world. People working from home to people stuck at home under lockdown measures bought Apple Inc products beyond all expectations. Apple Inc share price has jumped as a result just as America had its worst economic performance in a quarter since Great Depression.

Mercedes Benz and Germany Forecasting Quick Economic Recovery
Mercedes Benz See Rising Demand For Top End Models and Report Increasing 2020 Operating Profit

Mercedes Benz Demand Indicates Automotive Industry Recovering From Cornavirus Pandemic

In addition there are growing signs that German consumer confidence in quick economic recovery from pandemic is on the cards.

22nd July 2020 B&Q online sales jumped more than 200 percent during COVID19 pandemic in Europe. Like for like sales were up by more than 20 percent. B&Q is owned by Kingfisher.

B&Q News and Risk Analysis Report
B&Q has benefited from a DIY boom brought about by Coronavirus lockdown in UK

B&Q News and Risk Analysis Report July 2020

21st July 2020 UK Supermarkets Experienced Their Fastest Growth In Sales Ever During UK Coronavirus Pandemic Lockdown According To Kantar

UK shoppers are now slowly returning to old prepandemic shopping habits. As restaurants and pubs open and consumers grow in confidence supermarkets will lose out on their pandemic sales bonanza.

NASDAQ and Coronavirus
NASDAQ defies and is even supported by the coronavirus COVID19 pandemic

Nasdaq records record high due to stay at home tech and biotech stocks

The imposition of lockdown creates additional income generation opportunities for companies that provide technology to support people stuck at home under lockdown rules. Conversely the lifting of coronavirus lockdown measures or recovery from coronavirus pandemic lowers the valuation of some stay at home tech stocks. Some tech stocks benefit massively from the coronavirus pandemic.

Biotech stocks win cause of their innovation and provision of drugs or treatment related to COVID19.

2nd July 2020 Demand For Thermal Devices Jumps Exponentially As Coronavirus Spreads Exponentially

A FLIR Systems T540 thermal camera being used to screen for temperature. Courtesy of FLIR Systems

Companies like FLIR Systems provide various kinds of devices that read body temperature from near or far. Sales of such devices due to coronavirus has soared.

24th June 2020 Naked Wines Sales Jump More Than 80 Percent Higher Due To Coronavirus Lockdown

People locked out of pubs and restaurants have drunk considerably more at home. Naked Wines is just one of the businesses to benefit financially from coronavirus pandemic lockdown. It was so busy it was forced to stop taking on new customers in March and even temporarily stopped taking new orders.

The chief executive is hoping his new customers will stick with his online wine business when pubs and restaurants open on 4th July.

Naked Wines was set up in 2008 and merged with Majestic Wine Warehouse in 2015. Majestic then rebranded as Naked Wines.

23rd June 2020 Food Retailers And Convenience Stores Have Dramatically Grown Their Revenue and Profit From Coronavirus Pandemic In UK

Those with home delivery options have particularly benefited. Many have increased their capacity to deliver to the home. It will be interesting to see home much home delivery and convenience shopping continues as the UK lockdown eases.

Ocado home delivery business share price has increase by 42 percent in the last 12 weeks during the pandemic crisis

Research firm Kantar

Ocado has benefited from a change of food shopping habits in UK during pandemic. However 19 million more supermarket trips were made in the most recent four weeks of easing lockdown measures compared to stricter measures in May. Will fear of supermarket shopping in person maintain home deliver option? Has the change of shopping habit just been about fear or will people still shop online for food for convenience?

Convenience store sales have increased. From the corner shop family owned business to chains like Iceland shoppers have boosted their sales.

Iceland sales rose by 31.4 percent over the 12 week period of pandemic lockdown meaning that Iceland has now reached its previous all time high UK food market share of 2.5 percent.

Kantar

Most supermarkets in UK upped their revenue during the UK epidemic. This raises the question on whether most food retailers have been indulging in price inflation or are people in UK just eating and drinking more!

Has food outlets and restaurants have been largely closed during the pandemic consumers have had to feed themselves. This should be the reason of increased food retailer sales rather than price inflation. Low UK inflation levels backs this up.

It is likely that from the 4th July more food outlets and restaurants will reopen. This will impact adversely on food retailers. How much is unclear. However the pandemic has been great business for UK food retailers.

21st June 2020 Booking A Holiday Summer 2020 Is To Become Real Option

Whether it is a staycation or a holiday abroad the rapidly changing coronavirus pandemic outlook will allow many to take a holiday this summer.

Spain has announced that from today it will allow UK tourists to visit Spain without having to quarantine on arrival. Coming back from Spain would require you to self isolate at home for 14 days due to UK quarantine rules. However the UK quarantine rules will be reviewed on 29th June and are likely to be eased. Travel corridors are expected to be opened in agreement with some countries that are visited often by British tourists like Spain Portugal Greece France and Italy.

As it stands the UKs advice to citizens is not to travel anywhere abroad unless it is essential travel. A holiday is not regarded as essential travel. Even within some parts of the UK it is recommended to not travel far. Presently the rules as not to stay in holiday accommodation overnight. However this to is likely to be eased from early July. A staycation within the UK is on the cards this summer if you can afford a holiday.

If you own a hospitality related business restaurant pub hotel holiday accommodation tourist attraction etc now is the time to fight for your business. In March this summer looked like an economic wash out. However the UK government and governments around the world are going to open up borders and hospitality economy.

If you want to survive to fight another summer this summer and right now in particular is the time to be innovative expansive and assured.

  • Make sure your business is Covid19 secure and safe within the government the current and future guidelines. 2 metres social distancing in UK will soon become 1 metre. Know what this will mean for your business and be ready to change adapt and seize the benefits of shorter social distancing.
  • Make sure you are promoting and marketing your business to grab whatever summer income is coming.
  • Make sure you do not suck every last drop of new and old custom.

The people and the businesses in hospitality and entertainment this summer should be able to survive any summer. Make sure you are one of the survivors this summer.

12th June 2020 UK Consumers Are Getting Fitter And Sporting Equipment Suppliers and Retailers Have Boosted Their Revenue From Coronavirus Pandemic

Research from Emarsys found consumer spending on sporting equipment nearly doubled this year compared to same time in 2019.

Best selling products have been trainers and sports bras.

26th May 2020 Make Sure Your Business Has V-Shaped Recovery From Pandemic

Some businesses in UK have benefited massively from the coronavirus pandemic. They will tell you they have never been busier. From new home delivery income to increased demand for service they are pandemic economic winners.

If you have not been so fortunate it is still possible to return to the same economic activity your had before the pandemic. It may require more adjustment innovation and creativity but it is possible your business will look back on the pandemic as no more than a blip.

Some businesses will come out of the pandemic even stronger for reasons that include the elimination of industry competitors. Not every business will survive the pandemic. This will mean that the same demand for products and services with fewer suppliers will push up prices and business profits. Make sure your business survives and if possible prospers from the pandemic.

1oth May 2020 How Does The UK Want To Live and Work Post Pandemic

No one wanted the Covid19 pandemic. Now it is here it is likely to stay well into 2021 and perhaps beyond. We have some time to think about what we should not continue with post pandemic.

  • What things did we do in business do we need to change to produce same outputs more efficiently?
  • What things do we need to stop doing and stop producing?
  • What new things do we need to start doing to produce new outcomes?

Every major disaster presents the opportunity to think about creating a better world to live and work in. The pandemic is no exception. Now governments are pumping money into their economies they should think about how to use the money to create more positive change for the future instead of simply creating a life support system for what was not really that great pre pandemic.

8th May 2020 Businesses Selling Seeds See Jump In Demand Due To Coronavirus

Exceptional demand for seeds by people who want to grow their own food has resulted in some seed suppliers having to close their online sales for most of the day as they cannot cope with the number of orders.

7th May 2020 UK Bike Sales and Bike Servicing Services Are Booming In The UK As People In Lockdown Get On New Or Old Bikes

People in the UK looking to boost their fitness have provided a massive opportunity to bike retailers.

6th May 2020 China Can Pull Out Of Nosedive Into Economic Oblivion and So Can The Rest Of The World

Countries like Brazil India and Russia are only just start to feel the pain of the coronavirus pandemic or at least reveal their pain. Others like China have hit the wall but are making it to the end.

There is economic life after the pandemic

Volkswagen reports that sales in China are bouncing back. This is in part due to the virus not because Volkswagen has put virus behind it. People in China are less keen on public transport cause they still fear it. China has the virus spread under control but fear of the virus can be as economically as damaging as the reality of the virus.

The solution for people in China and the opportunity for Volkswagen is that people in China are switching to personal vehicles away from public transport. What this does for the climate will be a problem for later but not much later.

Sales of passenger cars in China rose year on year in last week in April. VWs Chinese budget brand Jetta had picked up market share after the country eased lockdown rules. Jetta in the first month of reopening has been a very very strong month of car sales.

Juergen Stackman VW sales and marketing executive

He thinks Chinese economy will follow the V shape through the pandemic in China. He does not seen V shape recover in Europe. If Europe had acted quicker and locked down harder it might have too. Europe still has the opportunity to at least have W shape recovery with repeated locking and unlocking of pandemic risk management measures. China has chosen a better path.

USA is and is likely to continue suffering most. Its desire to open up will extend the economic and human pain and suffering not reduce it. However they will not discover that for a couple of months yet.

Germany may well see a similar V shaped recovery as it did react quickly and deployed extensive test track and trace pandemic risk management measures. Germans are queuing up to buy VWs ID 3 electric car.

Other Northern European countries in Scandinavia may also return to economic normality quicker.

Selling more cars is actually more about selling more car finance deals

Volkswagen is adapting its financing and leasing offers to make downpayments more accessible. VW financing offers will be stretched to 72 months instead of 36, and Volkswagen will offer unemployment insurance which allows new car buyers to suspend payments if they lose their job.

In other words business leaders may need to repackage the selling of their products and services to entice fearful consumers out of their economic pandemic bunkers rather than wait for the good old times to return post pandemic.

Financing will become the main instrument for the industry in the months to come

Juergen Stackman VW sales and marketing executive

The banking and finance industry actually has a massive opportunity in front of it due to the virus. Dare we say it a form of personal protective insurance that economically covers unemployment could sell like hotcakes and be profitable assuming bankers do not screw up the selling of it this time!

Not only would bankers make billions from selling insurance they can protect their balance sheets from loans not repaid due to unemployment. Plus their customers might thank them for providing quiet nights sleep safe in knowledge their loans will be repaid if they are made unemployed instead of suing banks for mis selling PPI. Even bankers cannot be that mad to repeat PPI scandal. Can they!

23rd April 2020 UK Businesses Opening For Business Include DIY Retailer B&Q and Aston Martin Luxury Car Maker

B&Q is reopening 75 UK stores. They will maintain social distancing by limiting the number of customers in store at any one time. There is slightly mixed message here as you are allowed to buy hardware products to use at home but lockdown guidelines say you cannot buy paint to paint your house! In addition B&Q can sell plants but garden centres are not allowed to open.

Hardware stores were included on UK government list of essential retailers that were allowed to trade under the restrictions.

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Luxury carmaker Aston Martin said it would reopen its St Athan plant on 5th May after it had temporarily suspended all manufacturing operations in the UK at the end of March.

23rd April 2020 House Builders UK Continue To Sell Houses But With Aid Of Virtual House Viewing and Reservation Technology

House builder Taylor Wimpey has continued to sell houses despite lockdown restrictions to prevent the spread of the coronavirus and the closing of its business locations. It has reported a year on year rise in house sales.

Taylor Wimpey has a new viewing and digital reservation process which helped increase its order book. Its sales teams have been selling homes remotely and digitally.

Taylor Wimpey is to resume construction on the majority of sites in England and Wales from the the 4th May.

21st April 2020 Electronic Gadgets Sales Boost From Coronavirus

Bloomberg reports that Nintendo have asked suppliers to boost production of the Switch as global demand surges according to people familiar with the matter.

Playstation will be another product which will have seen sales skyrocket as people trapped at home around the world look to play games with people around the world.

It is highly likely that electronic gadgets will have received sales on a par with Christmas. Whilst most Tech manufacturers also received production interruptions due to coronavirus lockdowns in Asia. It is likely that overall the pandemic will turn out to have been a major boost to sales without needing to develop new product lines. The old products have filled a gap in the lives of many people stuck and bored at home.

In addition many such tech also facilitates access to livestreaming video content with major global content providers including films documentaries and education.

As major economies like China Germany and USA start their effort to return to work such demand may actually dip but the ability to fulfil orders will increase. Although workers are returning to work everywhere in the world will struggle without a vaccine to return to normal. Many people will still want to self distance at home for safety for many months yet. Rejuvenated old tech gadgets will still be popular online purchases.

9th April 2020 Ferrari is piloting a Back On Track project to conduct voluntary screening of employees and their families for coronavirus Covid19 when the factories in Italy reopen on 14th April.

Ferrari is working with a team of virologists and safety management experts to create a safe working environment even when Italy has not stopped infections and spread of virus.

Ferrari will also use an App to track the contacts of those involved in the initiative to enhance health monitoring. The Ferrari coronavirus App will help monitor and contain the emergence of any new infections amongst employees.

8th April 2020 BMW To Start Manufacturing Face Masks

BMW face masks produced will be used by own staff and to protect the public against the spread of the new coronavirus. World Health Organisation WHO coronavirus protection guidelines have changed recently to recommend the wearing of face mask. Previously the wearing of face mask was at best regarded as inadequate and at worst could even make it easier to contract virus.

BMW would soon produce several hundred thousand masks per day.

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BMW normal vehicle production at factories in Europe has stopped and the stoppage has been extended by two weeks until 30th April.

8th April 2020 ICL Tech Has Changed Production To Supply Personal Protective Equipment PPE

ICL Tech has received an order for 90000 visors from Greater Glasgow and Clyde Health Board and also won an order to supply visors to Alder Hey Children’s Hospital in Liverpool.

ICL Tech normally provides plastics for the transport oil and gas and financial sectors but has diversified its operations to accommodate NHS needs. It has increased visor production in the past week from 750 visors a day to 3000.

8th April 2020 Mercedes F1 Boosts Business For Peter Day Precision Engineering

Peter Day Precision Engineering business has been boosted by an order for thousands of valves needed for Mercedes F1 breathing aids for Covid19 patients.

7th April 2020 SEAT Automotive Business Using Windscreen Wiper Mechanism To Build Emergency Ventilators For Spanish Healthcare Fight Against Coronavirus

Ninety percent of the materials used to make ventilators are the same that SEAT uses to make SEAT Leon. The ventilator motor is the windscreen wiper motor of the car.

SEAT is collaborating with startup business Protofy.xyz to produce 100 of the ventilators and will be provided to Spanish hospitals free of charge.

6th April 2020 Apple To Make One Million Protective Masks Per Week For Health Workers

Apple has already delivered the first of its protective masks to a hospital in USA. It has brought together medical professionals the USA government its own designers all parts of its organisation and suppliers to make critically important non core product at speed and en mass. Apple is also planning to manufacture and distribute face shields.

Apple CEO urged people to stay home and adhere to guidelines on social distancing to prevent the spread of the coronavirus.

Coronavirus Pandemic News Update and Analysis
Coronavirus Pandemic News Update and Analysis. CLICK HERE for more information.

3rd April 2020 Burberry Is Making Healthcare Gowns Instead Of Fashion Clothes

31st March 2020 Ineos Builds Hand Sanitiser Production Plant Within 10 Days

Ineos has started producing a million pocket bottle hand sanitiser units a month. They target recipients for the new production capability are NHS workers and care workers.

The new Ineos plant is at Middlesbrough and is a 24 hour production operation.

30th March 2020 A breathing aid that can help keep coronavirus patients out of intensive care has been created in under a week by University College London engineers working alongside clinicians and Mercedes Formula One

Other Formula 1 teams are working with Rolls Royce and Airbus to manufacture ventilators within days to provide for the coming coronavirus pandemic storm of critically ill in the UK.

19th March 2020 Meggitt Leading A Consortium Of UK Suppliers To Rapidly Develop and Produce Ventilators That UK Hospitals Need

Meggitt is an aerospace and defence component manufacturer.

The UK government is working with a number of manufacturers to repurpose their manufacturing to supply thousands of ventilators needed within just a few weeks. The UK government is committed to buying any ventilators and other medical supplies produced.

The UK only has around 5000 ventilators and may need in excess of 20000. Many more people could die from the lack of ventilators rather than the fact they have contracted the virus.

In Italy a businessman hearing a shortage of parts for ventilators within days designed a 3D print of the parts needed

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Business leaders around the world have the creativity and innovation to solve demand and supply problems very quickly.

18th March 2020 Pound Falls To Lowest Level Against The Dollar In 34 Years

Where businesses are able to keep working they must explore all opportunities for growth especially in a period where a UK recession is now guaranteed and global recession likely.

Part of survival and prosperity plan for UK business should still be to export more particularly to USA. With such a low value of the pound this is an opportunity not be be missed if you can possibly avoid it.

17th March 2020 Amazon UK Stops Receiving Non Essential Products From Sellers Amid Coronavirus Outbreak

Amazon UK is to be congratulated for changing its sales strategy in light of pressures on society from coronavirus pandemic.

Amazon Inc is suspending sellers from sending non essential products to its USA and UK warehouses until April 5 to free up inventory space for more critical supplies that are in shortage as a result of the coronavirus outbreak.

Amazon is seeing increasing online shopping demand from consumers for household staples and medical supplies which are running out of stock.

Amazon defined five categories as essential products that can continue shipping including Baby Product Health and Household Beauty and Personal Care Grocery Industrial and Scientific and Pet Supplies.

Sellers supplying products that are deemed non essential could see their products run out of stock and they will be unable to restock as a result of the pandemic risk management control measure. Suppliers can use other fulfilment methods including mailing products direct to customer.

17th March 2020 Morrisons To Recruit 3500 To Expand Home Delivery To Combat Coronavirus Demand

Clearly Morrisons makes money out of this but it also provides a valuable additional resource to protect people in their homes from coronavirus and therefore also protects people not in their homes too.

Morrisons will introduce more slots for customers and new ways of delivering groceries which will include helping vulnerable people and those affected by the virus.

Morrisons will also launch a customer call centre for orders to be taken over the phone so that people who do not shop online can still order food to be delivered.

Other measures include asking customers at the checkout to pay if possible by card or smartphone to reduce cash handling.

17th March 2020 A Small British Company Previously Making Honey and Gin Starts Making Alcohol Based Hand Sanitiser Products

There is national and global shortage of hand sanitiser due to the coronavirus pandemic. Is it profiteering switching manufacturing output to meet the demand in the marketplace? Of course not. There are no losers only winners.

The British Honey Company in Buckinghamshire will start producing hand sanitiser after receiving permission from UK treasury.

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The British Honey Company will continue to produce its core products but maximise profitability by expanding into hand sanitiser products that will help protect people in UK and beyond from coronavirus COVID19.

Being able to produce such an in demand product within our existing capabilities enhances our existing business model at the same time as assisting with the efforts to combat the spread of Covid-19.

Chief Executive Michael Williams The British Honey Company

If you can produce cleaning products personal protection equipment ventilators or parts thereof then you need to heed the UK governments appeal to produce products and services that will help save lives whilst you help protect your business. Its time to think how you can help others and help your business in the process.

Amazon is hiring 100000 new staff in USA to cope with increased sales due to coronavirus as people order more online to avoid close contact

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All businesses should explore ways to protect and grow business during coronavirus pandemic. If your online presence is inadequate to sustain your business contact us to find out how to grow your business faster online.

Discover ways to protect your business from the economic consequences of coronavirus. Network with business leaders and risk management experts. Keep up with coronavirus pandemic news analysis and reviews.

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This original post is updated periodically to keep up with developments to recover and grow back better from the coronavirus pandemic.

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