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It’s also critical to understand that contracting in fear is the worst response a leader can have to an economic crisis. In order to build business resilience, it’s time to push hard and get aggressive with your marketing spend.
An online presence can help you to continue operating and maintain communication with your customers, helping you to manage their expectations and assist them through these uncertain times.
With a growing number of employees being encouraged or directed to work from home (WFH) during the coronavirus pandemic, the largest work-from-home experiment is testing Australian businesses and employees.
Airwallex’s China office was the first to be affected by COVID-19. Having witnessed the impact first hand, my co-founders and I strongly believe that social distancing is the best way to curb the spread of the virus. In China, implementing work-from-home policies was a crucial step in adhering to social distancing recommendations.
Working in Australia’s wine industry for more than 20 years, I’ve witnessed the resilience and passion of our producers in the face of adversity, responding to natural disasters and now a global pandemic by innovating and pivoting.
Yet however bright the future looked for CancerAid, one challenge remained - the concept of self-management via our app was new to many patients. This meant we had to make some changes or risk an unsteady future. CancerAid’s evolution from App to Coach taught us some key insights along the way.
With the travel industry hit hardest by the Coronavirus global pandemic, we’ve seen a massive shift in the reasons for people booking with our luxury home hotel service, with further changes expected over the coming months.
For elderly persons considering the transition into an aged care home at this time, I would strongly recommended looking at in-home care options until the pandemic passes.
“It’s too financially unstable…”, “I don’t have any experience in running a business…” and “It’s too lonely..”, are just some of the reasons some may give for not making the leap.
With many millions of retailers worldwide currently in a temporary, induced shut-down as governments and authorities seek to stem the spread of coronavirus, it’s a concerning time.
Businesses that have already executed with speed and pivoted are either seeing the rewards, or have taken measures to reduce the impact on their business.
It is important to recognise that everyone is going through a collective unusual circumstance, with worry about their personal situation and what the future will hold.
Jessica Ip, Chief Transformation Officer at leading parcel delivery service CouriersPlease (CP), explains the ripple effect significant disruptions in the global supply chain have on retailers and consumers – and what we can expect in the coming months.
Fraud detection and payment automation company Gobbill and Chinese mobile payment company AirPay, have embedded Alipay and WeChat payments into a popular media platform to allow users to pay Australian bills with China’s favourite payment methods.
Start-ups and big brands are like the Davids and Goliaths of the business world.
We invest so much money in our property and our mining and exports, but the real future of every single one of those industries is in the tech and innovation that can reduce inefficiencies, make them more scalable and increase their impact and profitability.
The government yesterday announced an investment of up to $15 billion to enable smaller lenders to continue supporting Australian consumers and small businesses.
Last week, the Morrison Government announced a multi-billion-dollar economic plan to mitigate challenges faced by the impact of COVID-19, in a move that was seen to be timely, sensible, and proportionate.
On March 12th, 2020 Prime Minister Scott Morrison announced a multi-billion dollar stimulus package to address the impact of Coronavirus (COVID-19) – which totally ignores freelancers and sole traders with no employees.
With governments and companies doing all they can to halt the spread of COVID-19, more and more people are beginning to work remotely either by choice or company policy.