Business Insights | The Marketing Centre SA

What kind of business do you want to be during COVID-19?

Written by Admin | 20 May 2020

We all respond to crises differently. 

One of the things we’ve heard a lot over the past couple of months is that there’s no right way to feel right now. Feeling anxious and stressed is perfectly natural.

Over the past few weeks we’ve been exploring what business owners can do to make the most out of a bad situation. But while it’s important to be proactive and look for opportunities, it’s also important to step back occasionally and reflect on our own behaviour. 

We recently saw a great diagram doing the rounds on LinkedIn: Who Do I Want To Be During COVID-19?

It got us thinking about our role as business owners. How can we adapt our behaviour to maximise our positive impact on our business, our people, our customers and the economy?

After a bit of thought and a few conversations within the team, we created our own diagram: What Kind of Business Do You Want to Be During COVID-19?

Obviously, we’re not suggesting that we have all the answers. But a bit of self-reflection every now and again is always a good idea.

Where is your business on this diagram? Where were you two weeks ago? Where do you hope to be a month from now?

Most people will recognise aspects of their business’ behaviour in each of the three groups and that’s OK. But the closer you get to the Growth Zone - investing in your most important relationships, focusing on the long-term and adapting to the situation - the better the outcomes will be for you and your business.

Watch this video as we explore these 3 business behaviour themes further and discuss how your business can effectively transition in the current climate.

 

 

We hope you find this useful. If you can think of anything that we’ve missed that you’d like to share, feel free to drop us a line by email.