Learning from the impacts of COVID-19 and leading the recovery
Throughout the Coronavirus pandemic, PwC has been helping organisations mobilise, stabilise and return to work. Now, in the post-COVID-19 recovery, we're helping them find opportunities while becoming stronger – including building resilience to navigate future shocks.
Building strategic resilience
To meet the challenges posed by the pandemic, organisations around the world had to react in agile and decisive ways. As we move into the next phase, now is the time for them to seek out and seize the opportunities emerging in the recovery.
How do you create the most value for your organisation in the post-COVID-19 era? To do this, it is important that you first map out the lessons we learned during the pandemic. You can use this insight to prioritize the future and build your strategic resilience. Organisations that take these steps now will be well-placed to capitalise more effectively on the opportunities rising in the post-COVID-19 recovery – and to continue winning in their marketplaces as greater certainty and stability return.
Five focus areas post COVID-19
- Tax and regulatory
- Business resilience
- The future of work
- Risk & regulation
- Sustained outcomes
Tax and regulatory
What does phasing out the support measures mean for you?
During the pandemic, the government introduced various support measures to keep companies going. Now that these (fiscal) measures are being phased out, it is important to know which obligations arise for you from the use of the corona measures. What effects do you have to take into account as an entrepreneur?
Business resilience
Restructuring based on decisiveness and pragmatism
The COVID-19 crisis called for quick and thoughtful actions, which many crisis plans had not taken into account or for which crisis teams were not prepared. It is important to use the lessons learned during the (financial) recovery and build resilience for the next crisis.
The future of work
Redefining your people's work environment
The way we work was already undergoing major changes before the COVID-19 crisis. But the pandemic has accelerated everything. Besides the fact that digitisation and automation lead to different activities, organisations are now also adapting their systems to working from home. All of this requires new skills from employees, but also more flexibility and new leadership.
Risk & regulation
Respond adequately to changes and new legislation
The COVID-19 crisis has increased the pace at which high-risk events take place. The resilience of your organisation determines how quickly and adequately you can respond to changes and new legislation and regulations. An integrated perspective on risk, regulation and compliance is crucial for resilience, trust and competitive advantage.
Sustained outcomes
Creating value and impact through ESG
To remain successful in a sustainable future, it is important to include ESG themes in your strategy, transformation, reporting and assurance. In this way you not only create value for yourself and your people, but also for society and the environment. And you play an important role in achieving the SDGs.
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