How To Keep Your Business Thriving During (And After) The Coronavirus

from Fast Company

Google. Amazon. Apple. These were some of the earliest corporations that mandated remote working because of COVID-19.

Since then, nearly all businesses have followed suit as national and global agencies recommend social distancing to curb the spread of the virus. For huge firms with seemingly unlimited resources and technology, this displacement may be nothing more than a minor inconvenience. Leaders of smaller businesses are likely struggling with a new reality where social distancing is a requirement, not a suggestion.

Previously, remote work was more a perk than a necessity for companies. Before the pandemic, just 41 percent of businesses globally had virtual office capabilities, which leaves a huge chunk of employees suddenly adrift in uncharted territory.

It’s unclear how long businesses will have to work through this new reality, but one thing is apparent: The executives who see this challenge as an opportunity will see their businesses thrive. Here are three ways you can make this outcome a reality for your company.

More here.

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  1. Since the spread of Coronavirus is taking over the U.S and the rest of the world for that matter, it is causing businesses to come up with ways to stay open and thrive in ways other then coming into the office. A big way in which businesses are continuing to stay open is having there employees work from home. Some companies though do not have the ability to have there employees work from home as the work for that specific job has to be done in an office setting or a computer program that is only offered in the office of that specific company. So how exactly are companies going to continue to thrive during this pandemic and of course after the Coronavirus is all said and done? In the article, it talks about how employees and of course managers and bosses have to start having a digital mindset. With the ability of new technology, it allows employees to work from home even before this pandemic started. Some ways in which companies are starting to implement a work from home atmosphere is by utilizing the power of video conferences through a webcam computer. Along with universities around the country, business are starting to use these video conferences as a way of continuing a persons everyday office life but now only in a designated spot in an employees home. As the article stated, 41% of businesses have the capability of running there business through video conferences and other online resources to ensure social distancing is still being established. As time goes on and the spread of the virus gets worse and worse around the globe, I am almost positive that the small amount of 41% will grow into the 50% or even 60% of businesses having the capability of having a virtual office in order to have the company thrive through these tough times.
    Along with companies starting to have a virtual mindset, the article also talks about how companies have to start thinking about the long term effects of not being in the office. Due to the virus having to get worse before it gets better, it could be months before employees see their offices again. Companies around the globe are starting to come up with multiple ways to have their employees work from home other then a web conference. Some ways in which companies are thinking long term is by “laying off” or cutting money out of employees salary in order to have money for the company to stay open. The only issue in that is if the employees will agree to terms of that but to be honest, most employees do not have a choice as the unemployment and lay off rates continues to rise during this pandemic as small businesses and even large corporations have to do this in order to stay open during this pandemic. It is interesting to see how companies will continue to utilize remote working from employees homes for however long this pandemic lasts. Remote working is the last resort for some of these businesses as the more time out of work, the more struggles each company will have to thrive through these tough times.

  2. The Fast Company article is bringing a great point on how business can thrive during this world pandemic. As many of you might know most if not all schools have gone online and most companies have sent their workers home to practice social distancing. Nobody expected Covid-19 to change our lives and force all of us to stay at home. Covid-19 has affected our supply chain in just a way that the availability to get goods has decreased while the demand has increased drastically for consumer products. Many businesses are suffering from Covid-19. The article gives great insight into how we can thrive during this hard time. The article talks about investing in a digital mindset. “Making a full-scale transition to new technology is unrealistic (and expensive) in such a short period, but even taking a small step to enable some face-to-face interaction, albeit virtually, is a step in the right direction”. It is impossible to really prepare for a pandemic but we have to do our best to adapt and be open to use new applications and software during these troubling times.I feel like the article does a great job conveying that to the readers. Furthermore, the article talks about a long-term plan which is important because we are going to have threats that could be worse than the Covid-19. “At some point, health officials will contain coronavirus, but that doesn’t mean your vigilance should end. As we learned, crisis management plans shouldn’t end just because the crisis is over. Executives and managers of teams should see this as an opportunity to create, or refine more comprehensive work-from-home policies”. In addition to investing in technology and thinking long-term one has to reinvent the business that they created. In the Forbes article “How To Reinvent Your Business thrive After The Coronavirus” talks about changing a business to thrive during a time where social distancing is being practiced. “In order to consider these shifts, the first step in reinvention is deconstruction: understanding each of the constituent pieces of your business”(Ladd). We have to start thinking that the way businesses are running is not going to work. We have evaluated the business and each of its components and figured out what is relevant to keep and what is not. “The second step is to employ your imagination to create a long list of alternatives for each of these elements. Brainstorm with employees and friends” ( Ladd). Creativity & Imagination is going to be a key factor in making sure your business thrives and survives. The last two things the Forbes article talks about is testing your Idea and creating a prototype.
    Overall, businesses are going through a hard time and they need to do everything to survive and thrive. I believe that these steps can help a business stay afloat and under the circumstance, we are all dealing with the Covid -19

  3. Coronavirus has spread throughout the world and affected most businesses. In a way that businesses had to make their employees work from home. Some companies do not plan for their employees to work from home before. So how the company will manage to continue to thrive during this pandemic. The article talked about three ways that leaders of companies need to thought about. First is to lead by example, As the head of your company, take the initiative to be readily available in virtual channels. A fully remote workforce means the only “face-to-face” interaction you’ll have with employees is through videoconferencing. Some of the best ideas come through idle chat in the office, something harder in a virtual setting, but those days don’t have to end just because you’re at home. Second is to invest in a digital mindset, the decision to cancel all in-person meetings would make your business survive. However, when the company changes it to digital conferences it would be entirely different without investments in technology, that easily allow the managers, employees, and clients to interact through video. The third is to think long- term when the crisis management plans shouldn’t end just because the crisis is over. Executives and managers of teams should see this as an opportunity to create, or refine more comprehensive work-from-home policies. Businesses that only adopt remote working for COVID-19 will abandon it at their own risk. This article will help Businesses plan for any threats that could be worse than the COVID-19 in the future. Companies need to start thinking about ways the way the businesses are running is not going to work. Companies need to have evaluated the business and each of its components and figured out what is relevant to keep and what is not.

  4. To start this comment, I just want to say how important that title is. One word that sticks out the most is after. What has happened to the world is a question of not who will survive now, but who will be the next big companies in the future. I understand the point of this article and found it somewhat insightful. it’s clear that companies will try to invest more in their technology programs and teachings just because this corona outbreak could happen once more in the fall. Yes, the states will be more prepared but a vaccine will not be made by then so it will be back to social distancing and self-quarantine. Their points make sense, but it is a little more common sense like the idea of the long term. If this happened who is to say this won’t happen again with another type of virus. Whoever is able to find the secret to getting this technology usage down, as in being a master at it, their company will thrive and survive on any condition. The only time this would fail would be if the impossible happens, the destruction of the internet. Their section for leading by example would be a little difficult to accomplish. I see what they are trying to do but I do not think that is the best way to handle it. Just because my professor is available through a Microsoft team video call does not mean I will be. Here I think they should’ve have talked about how collaboration could increase through the use of different channels inside applications like slack. Their second point, to invest in a digital mindset is the best thing they could say. I agree with this on the upmost level. Personally, I wouldn’t be surprised if this will lead to a higher push in technology in education within the next semester or two at the colligate level. I’m not saying that there would be more registration in coding classes or an influx of computer science majors although that is a possibility. I’m saying courses at the colligate level will most likely add more courses as an online choice. I think there will be more a bigger push for such classes too as not only will that be a great resume builder but a stronger candidate for a job because of the new skill set you acquired. Overall, the article wasn’t terrible for an intro into the future, but it could’ve been better by taking on those different trains of thought.

  5. My main takeaway from this article is how important crisis management is, and as the article stated, the large majority of businesses are not prepared for any crisis of this magnitude. Yes, as a whole, the economy has suffered greatly and everything as come to a near and complete halt. However, there are ways to trek on through all of this.

    Remote work is going to be keep these struggling businesses afloat, the answer isn’t immediate layoffs in my opinion. Like in the Great Recession, we saw a similar trend of such. During that time period, other countries took different methods to help keep their economy afloat and to keep unemployment rate down – instead of layoffs, they just cut back on hours as a whole, and limited employees from reaching overtime. This I think is a same methodology that could be applied to today and is even easier with remote work. This all goes hand in hand with research showing that the 40 hour work is dated anyway. So the ability to 1. Work from home and 2. Being able to limit hours, should allow people to keep their jobs (at least on paper).

    However, this is unfortunately not the case. There have been 10 million unemployment claims filed, and businesses are still struggling regardless of trying to keep the bottom line at a minimum. This overall will probably change after the dust settles, and businesses will realize that they need a crisis management strategy.

  6. The ability to work from home is a luxury that we are lucky to have in times like this. I am grateful that I have an internship that allows me to continue to make an income through digital work, and coursework that can be completed online. Unfortunately, not everyone can say the same thing. My mom, who works for a small business, is at risk of temporarily losing her job. My sister, a Whole Food employee, has to continue to go out in public and put herself at risk. For those of us who have the ability to stay home, we must learn to work effectively and efficiently.
    Working from home may not be considered ideal to managers who are trying to lead large groups of people, but there are ways to ensure they are completing projects and their teams are still working together. Bosses must step forward and lead their employees by example when working from home. When I work from home, I often come up with many questions for my boss, and when I do not hear back from him it is hard for me to continue with my work. The days that my whole team is actively emailing each other, on video calls, and texting, are the days we collectively complete the most work.
    Another difficulty of working from home is the technology aspect. While some members of my team at work have a work laptop, I do not get one as an intern. The computer I have been using is the same one that I use for classwork and personal use. This can be challenging, as my laptop is not meant to handle multiple programs open at a time and crashes often. This is not something that many companies were prepared to deal with, but we are working with what we can for the time being.
    It is definitely important that companies think long term in this situation. Although nobody could have imagined that something like COVID-19 would come about and affect everyone in the way it has, there should be an emergency plan in place going forward. Coronavirus is not likely to go away any time soon, so companies will be forced to work remotely for the time being, and potentially again in the future. Once work resumes as normal, I think good bosses will make sure to come up with an emergency plan. Working from home should be more normalized so that all employees can become comfortable with it and be better prepared for future events like this one.

  7. As a result of the pandemic, the economy and businesses have taken a hit because of the social distancing requirement. To limit the amount of infections, many small businesses have had to shut down dine-in options as to prevent large gatherings. Yet, as a business, adjustments have to be made in order to keep business running and make profit. That’s why many businesses still offer to do delivery or take-out only options, so that they can still take orders while limit the amount of interaction. All that being said, companies that thrive off of face-to-face interaction are in the most danger and have a much harder time transitioning to a system that doesn’t require that. Large scale companies and businesses can much easily work around this. Much of their work can be done remotely, either asynchronously or synchronously, and communication can be done via online video communication or email. The article cites that 41% of businesses already had virtual capabilities to conduct business, so for them it was no more than a bump in the road. I believe that in many ways, online interaction can be much more convenient and efficient. Much of the population already walks around with a supercomputer in their pocket, so reaching your associate won’t be a hassle. If you are unable to contact them, you can leave a message for them to reach at a later time. As companies begin to integrate more and more technology into their business models, social disruptions like the novel coronavirus won’t add much disruption into business affairs. However, the use of technology should not merely instituted for a “rainy day” occasion but as general practice. It will simply allow us to create more efficient work. This is why people who are stuck in the past and have little to no knowledge regarding different software and programs will have a hard time and potentially left behind. So, going back to small businesses, what happens when the pandemic gets so bad that they can’t conduct business naturally and have to abandon their stores for a few months? Many large-scale companies like IKEA have cancelled in-store business and have moved fully online delivery for the time being. Besides the food industry, many small shops don’t have this option to do this. Much like the rest of the world, they can adapt to a digital workspace. However, we are unsure if it will be viable to create the new model if they are just going to drop it once everything returns to normal.

  8. The mandated practices of self isolation and distancing have altered the continuity of many businesses’ operations. The novel coronavirus persists as a threat since the country remains in state of emergency. In response to this, many businesses have opted to continue their operations remotely. As the article mentions, this was more of a privilege before this situation, since now it has become a necessity. The problem is that, although many businesses are implementing the digital tools for monitored work, some businesses with limited resources are struggling to achieve this. This is what I believe to be a major set back for small start ups and businesses. I agree with the author of the article in that this will allow businesses to prepare for the imminent takeover of technology. Although we are years away from a society driven mostly by automated and AI technologies, the truth is that in the near future, we could expect more businesses to move their workforce to digital platforms, which would also cut major expenses for businesses. This is something that we discussed in class, to which we concluded that it is valuable for businesses to have a strong technological infrastructure. The author of the article shares the same idea as it is said that the main advantage of the situation is that it will prepare businesses for the future or at least test their monitored performance. I also agree with the author regarding the leadership that is necessary to encourage productivity in a digital workspace. Technology, although a very effective tool for communication, may be an uncomfortable medium to hold reunions or discussions. Leadership is essential to maintain order and keep everyone connected. I do not agree with working from home being an encouragement for productivity, personally, I feel less productive when I’m stuck at home. The pandemic still represents an unpredictable threat that keeps causing economic difficulties by the day. Although the situation is complicated for all of us, businesses are getting more tech savvy than ever due to necessity, which in the long run could be a very valuable asset.

  9. The global pandemic of COVID-19 came into The United States and triggered the nation into a panic in less than 2 weeks. Most recently, the nation saw President Donald Trump’s social distancing guidelines extend to April 30th. The virus has spread quicker than anyone could have predicted, even with all of the social distancing policies in effect the nation is still seeing a significant rise of cases and deaths daily. With these policies, local businesses are taking a major hit. For example, restaurants are businesses that allow citizens to get out of their house and enjoy a prepared meal generated by the owners of the business. These restaurants rely on local customers daily to be able to pay their own employees, as well as pay off all of the expenses it takes to run the business. With these restaurants being deemed non-essential, the breakfast, lunch, and dinner experiences are all out of question, making these local restaurants and businesses go to a delivery and take out style of catering their food to the public. As this article states, “just 41 percent of businesses globally had virtual office capabilities, which leaves a huge chunk of employees suddenly adrift in uncharted territory.” Even virtually, a lot of businesses across the nation rely on face to face conferences and meetings. Even with local restaurants, the whole point of a night out is a face to face interactions, with loved ones and the employees at the restaurant. Now with noon-essential businesses shut down, that experience is out the window. Now local restaurants are depending on their quality of food, and hoping loyal and regular customers with still accept their services of providing food through delivery or take out. It affects every aspect of the restaurant, except for the food. Hostesses, hosts, waiters, waitresses, and bus boys and girls are all unemployed. They can’t work or provide for themselves with the front of the restaurant being shut down. Although, if the business can be able to maintain a steady income to cover the expenses, once this pandemic slows down, there will be a boom in local businesses because of the amount of time people were recommended to stay inside for all non-essential purposes.

  10. As the coronavirus continues to spread like rapid-fire and the businesses that were once classified as “essential” decreases, many small businesses struggle to continue thriving as they once did. According to the article, almost 60 percent of businesses are left in the uncharted virtual territory, leaving them no choice but to work through this new reality. Despite the hardships, some businesses will see this sudden change as an opportunity to grow and expand their business, while others may shy away from the idea of such drastic change. But, in order to maintain a successful business, accepting and adapting to this challenge is necessary.

    The most important thing to absorb from this article is the fact that remote work will not be going away. Even after the virus has ended, companies need to keep advancing in their ideas and plans. If companies think that this is a temporary thing, they are practically asking for their company to fail. Remote work is not going anywhere, and once these companies begin recognizing that they will allow for significant growth in their businesses. That way, they can begin concocting long term plans for emergencies such as these, or even ways to save money by sticking to some of the changes. As the article states, companies saved almost $2,000 per employee on rent by reducing the amount of space needed.and took shorter breaks when working from home. This change in the workforce may be a great way for businesses to thoroughly plan out the future successes of their companies.

    Despite the struggles of many companies due to the digital switch, some companies such as Zoom are making a big leap in their journey to success. Now that schools, universities, and companies are switching over to the remote tactic, digital platforms are thriving. They recognized the long term benefits of investing in a completely digital platform very early. If companies continue this switch for a least a portion of their company, many businesses will allow for major economic growth as well.

  11. Usually you just live your life not worrying about any kind of worldwide crisis, because the mentality that people have is oh that can never happen to me or that’s not possible its 2020, we have better medicine, technology, etc. But this Covid-19 has really taught the whole world a lesson, that just because we live in times of peace to a certain extent it does not mean that it is going to last. We should always be prepared for the worst at all times that way we something ever does happen we will not be caught lacking. Maybe if it was earlier in time then it would have been impossible for us to do social distancing we are extremely fortunate to be in an age where technology is booming and almost everybody has access to some type of technology that is the only reason that we are able to do this social distancing. Now that people are working form home and school is now completely online, I do hope that people are taking some time to realize how unprepared we were for this pandemic. Especially businesses that were not prepared for this they may have been hit the hardest because of this pandemic, for most corporations you would expect them to already have some sort of system that allows you to work from home because before this working from home was a perk but for those corporations that are not big enough to have a whole digital plan this seems to be the worst case scenario for them. It is still important in this “digital” time to thinking of the long term that after this pandemic passes what are we going to do so that we are better prepared for next time but also you need to change your mindset. You have to realize that we live in an incredibly digital world and you have to change your mindset and see that we are headed towards an even more digital world. If you do not get with the program that the only thing that is going to happen is that you are going to be left behind. These are scary times that we live in and I just hope that everyone can open their eyes and see that the times are changing again and its either you change with it or get left behind.

  12. Art Langer explains in the Fast Company article, “How to Keep Your Business Thriving During (And After) the Coronavirus”, that there are various concepts that companies must implement in their business process during this pandemic. As you know, many businesses are being heavily effected right now due to the coronavirus pandemic. Many companies had to lay off employees because they are unable to be open for operation. CNN reported that approximately “6.6 million US workers filed for their first week of unemployment benefits in the week ending March 28” (Tappe). With many businesses closing their physical locations, those with the proper resources had to institutionalize their employees to work from home. Businesses had to face the challenge with very little notice and had almost no preparation. Langer points out in his article that there are three main concepts that businesses should be implementing in their workplace to ensure that they can keep afloat and strive during this typical time: guaranteeing to lead by example, invest digitally, and think about the long-term.

    The first concept that the article lists is that leaders of the company should make sure that they are leading by example. Because the coronavirus has erased face-to-face interaction for the time being, it is important for leaders to make sure that they are readily available to their followers. When employees of the company know that their leader is available, this will allow employees to instill social interaction that is not currently present so that they can “share their thoughts and ideas with [the leader] and their colleagues” (Langer). I think that with people having to work from home, they can get easily distracted and slack off a bit. I know for sure that since I’ve had to work from home, I find myself getting preoccupied with things I need to get done around the house. If the leader is actively emailing the company and making sure that their employees know that they are accessible, it will allow for employees to still feel productive and creative. Just today, the CEO of the company I intern for asked everyone to share a picture of what their quarantining looks like. The company has employees from all over the world and everyone has unique lives, so my inbox was flooded with pictures of babies, horses, views of Germany & Spain, and so on! It was a great way that the leader was able to engage and interact with employees while still being remote.

    Next, the second concept that the article lists is that this is the time for businesses to begin investing in more digital technologies. In today’s day and age, “virtual connectivity [is] imperative” to the success of a company (Langer). This pandemic has really shifted focus to the importance of technology. Many more jobs would have been lost if people could not work from home off of their computer. There are businesses, like yoga studios, who have made it a point to connect virtually to their customers. These yoga studios have been able to keep in business even though their physical location is shut down because they can offer Zoom classes and still charge the same amount for a class as they would if it were in person (Kastrenakes). The original article emphasizes the importance of businesses investing in this type of technology. It’s crazy to think that if people did not have easy access to technology, then many businesses would fail. I was even thinking about how detrimental it would be to students if universities were not able to offer virtual learning during this time.

    The final concept that Langer mentioned in his article is that companies need to start thinking about the long-term with this virus, not just short-term. People think that by May, we will all go back to our everyday lives. I don’t believe this to be true because once everyone starts interacting again the virus will make a comeback. Langer states that businesses should think about this long-term and start thinking about this as a way “to create, or refine, more comprehensive work-from-home policies.” Companies that are only allowing their employees to temporarily work from home should definitely consider establishing long-term guidelines. As much as it is important to have a social setting, employees do not have to physically be at work all the time. I think that working from home 2-3 days a week would increase productivity in the workplace. Employees would save money and time because they would not have to commute to work. Businesses would save money because they would not need to rent such a large space to house a certain number of employees. I think that businesses should definitely begin to encourage employees to work from home even after this pandemic is over.

    Steven K. made an insightful point about how strong leadership is needed for company’s dependency on technology because of older employees. I couldn’t agree more with this statement. Many of my older family members have had to work remotely, which is a new concept for them. Luckily, they work for companies that have strong leaders to make this transition easy and effective. Like the article said, leaders need to be readily available. And in the case with my family, the leaders have been very accessible and are very transparent and open in this process.

    In conclusion, the article that this blog response is based off of detailed concepts that businesses should keep in mind in order for them to stay afloat during this difficult time. The concepts of leading by example, investing in technology, and thinking about the long-term will help businesses ensure that they can help support their employees, as well as still be accessible to their customers. Businesses had short notice to respond to what this pandemic has caused. But by adapting to the new changes, they can make their business strong than ever. This pandemic has caused businesses to start thinking outside of the box, which will definitely help them achieve long-term success.

    Kastrenakes, Jacob. “Zoom Is 2020’s Hottest Yoga Studio.” The Verge, The Verge, 26 Mar. 2020,

    Langer, Art. “How to Keep Your Business Thriving during (and after) the Coronavirus.” Fast Company, Fast Company, 30 Mar. 2020,

    Tappe, Anneken. “6.6 Million Americans Filed for Unemployment Benefits Last Week – a Record High as Coronavirus Takes Its Toll.” CNN, Cable News Network, 2 Apr. 2020,

  13. Just by reading the title, I was very interested in this topic. My mother and father own a gym business in Finland, as they opened Kuntokeskus Liikku in 2009. It has been growing steadily but in the last 3 years, the growth has gone through the roof. Liikku had only one location at the start of 2010s, but now the number is 29, with planned to open over 50 in the next few years. This was before the Corona-Virus outbreak. That is why I was very interested to read this article, as I was hoping to figure out something that I could mention to my parents, but I was a bit disappointed. Gyms can’t really move into the digital world,as the article suggests. There are “digital gyms” as in video instructions and home workout, but you aren’t able to have the equipment in your house. You could buy some of those “Abs Flexer 3000” equipment, but it just doesn’t compete with a real gym, at least yet.
    Anyway, the whole fitness/gym industry truly has taken hits from the outbreak. Many countries have ordered to shut down gyms, and helping the gyms to seek insurance money and not go out of business. Finland has not decided to do so yet, so the Liikku gyms keep open, but they have lost significant revenue in the month of March. They have lost over 30% of their paying customers, as the government has advised against on leaving the house for non-essentials.
    Liikku is in some serious trouble now, but hopefully this will turn well for everyone. Gyms have not yet taken out by technology, and it all depends now how long the outbreak will go on, and how long it will take until people are comfortable to workout in a gym.

  14. The coronavirus pandemic continues to spread across the globe at a rapid pace impacting various industries. This crisis has had a significant impact on the global economy due to restrictions in production, trade, consumption, and travel bans. As one could imagine, the economic effects would definitely have a significant impact on the accounting and auditing process for the financial statements of those specific companies. Although the impact of this crisis will differ from company to company, I do believe this is an opportunity for businesses to embrace the digital workspace and find benefits in doing so.

    I would like to relate the message in this article to the accounting profession as it specifically relates to my major as well as my near future post-graduation. I believe the accounting profession will not be impacted by the move to a digital workspace following the social distancing requirement. In fact, I believe the profession has prepared for this and in doing so will not experience a disruption. For example, Ernst & Young LLP, across all service lines, has invested millions into their digital workspace where all engagement work documents can be examined and filed. This coupled with the information and communication system, Skype Business, will allow professionals across the country to complete their tasks effectively without face-to-face interaction. There will definitely be some sort of impact on workflow due to the pandemic but accounting firms will not find struggle in the transition because of their investments in digital technology.

    After speaking with a Deloitte audit staff 2 professional he admitted, within his engagements, he has experienced a delay in turnaround when asking for supporting documents from his clients. The reason for this was simply because the clients are working from home. He has to sit and wait until the supporting documents are sent to him to complete his task which I am sure in the past would have been a more speedy process. In addition, he explained that he is expecting Deloitte to implement new standards and guidelines in regards to how the audit will be performed for the time being due to various webinars the firm is currently hosting on the subject.

    Overall, I believe there will be some adjustments made for the accounting and auditing process due to this evolving pandemic. However, I believe this is an opportunity for firms to show their clients their worth by providing more insight into how COVID-19 is impacting their financial statements and provide guidance on what adjustments are necessary moving forward.

  15. The COVID-19 pandemic will either make or break company’s. It would be so easy during quarantine to coast by simply going through the motions. Before the outbreak, working virtual was used as a last resort, only deployed if it was the only choice. This article argues that the company’s that don’t take this time during quarantine to install permanent reform in their virtual connectivity, will be left behind. We discussed in class how Wayne Gretzky attributed his success to being able to skate to where the ball was going, as opposed to his competition who skated to where the puck was. Technology is the future. The company’s who look ahead and work towards the future, will always be a step ahead of those who only see whats right in front of them.

    The ability to adapt is what separates the successful companies from the unsuccessful. It doesn’t surprise me at all that Google, Amazon, and Apple were among the first to mandate remote working. Its not a coincidence that these three companies are some of the most successful in the world. They adapt to the changing landscape of America. There are many factors that play into a company’s ability to adapt. First and foremost, the company has to recognize a change needs to occur. That can prove very difficult for company’s that are already successful. “If it aint broke, don’t fix it” can be a mindset detrimental to the future of a company. There are always ways to improve, and if one company doesn’t find them, another one will. Company’s cant afford to grow complacent, because the landscape of America is changing at an all-time rate. The skills that I am learning in college right now have a life-expectancy of 6 years. This points to the constant evolution of society.

  16. This article by Art Langer could not be a more accurate representation of what reality for businesses and even other entities have become these days. When people first heard about COVID-19, I don’t think anybody could have imagined how quickly it was going to spread and how serious it is. Once the news came out, people really did think that this was going to pass like any of the other viruses, but it took a drastic turn and companies were faced with reality they might not have been prepared for. The truth of the matter has become that companies and universities are now in a state of remote working and lectures until further notice. This situation has caused employees to work remotely with the same, if not higher, level of productivity.
    As highlighted throughout the article, it is crucial for companies to follow three things in order to survive this global pandemic and still come out thriving after. They must: lead by example, invest in a digital mindset, and think long-term. By leading by example, the confidence and motivation for the employees are ultimately driven by their executives and upper management’s positivity. When employees are able to see that managers and heads of departments are readily available to virtually support them in any way, they will be more likely to follow their lead through these difficult times. Second, remote working would not be possible to function successfully without the time and investment in technology. During 9/11, companies realized that many of them did not have the proper technology implemented to allow employees to work virtually while still being productive. Therefore, having up to date technological platforms will allow for better communication amongst all teams and a better transition even once everything is back to normal. Lastly, the most important out of all of them is that all companies and universities must think long-term. Although this situation is a difficult one, it has provided an opportunity for everyone to adapt to it and implement new strategies and resources to still be able to function. If companies are able to take what they have learned from this pandemic and apply it to the future, they will forever be prepared for any roadblock that comes their way and still be able to confirm that they can produce quality work as the proof of concept has worked now. Also, more and more companies have now become international and all global communications are virtual for the most part. By having this strong foundation of virtual interactions, companies will know that they have the capability to work with other countries while still providing incredible results.
    Personally, the entire work from home situation is one that I can closely relate to as it is something that I am also experiencing right now. I have noticed that it is crucial for my team and I to be in constant communication not only within ourselves, but also with other teams that we closely collaborate with. In addition to productive working sessions, my upper management have implemented virtual gatherings and chats that are non-work related to help employees distress as everyone tries to maintain the even more difficult work-life balance now.

  17. The worldwide pandemic in Covid-19 is causing many companies to shut down and employees to lose jobs since there are no places to work. Some businesses even though they are forced to shut down and to send their workers home does not mean the entire business to shut down. The Fast Company article was very interesting as it showed how some business can still thrive and continue to provide service during the Coronavirus. Social distancing has been put into place to try and stop the spread of the disease and in result businesses have resulted in “remote working”. Companies such as Google, Amazon, and Apple have all moved to remote working and have not lost a beat as employees are able to work from home and are not forced to completely shut down as a company. It was stated “Before the pandemic, just 41 percent of businesses globally had virtual office capabilities, which leaves a huge chunk of employees suddenly adrift in uncharted territory”. Companies that are able to work virtually have a huge advantage and are the companies that will not lose money when the virus continues to grow and when it hopefully comes to a halt.
    The way society is moving and the impact technology has on society more and more communication comes virtually such as “face to face” communication through a computer screen. When Columbia University cancelled all their classes and was forced to move them to online, they did not make this move blindly. The companies that are still going strong plan for situations like these and always ready for any problems that may occur. In the Columbia University scenario the University was ready for an event like this because they were invested in 5G, having 5G has allowed it professors and students to connect online with no issues. Some companies should take a small step in beginning virtual face-to-face interaction to adapt to the world we live in, because some companies do not have the finances to jump right to full on transferring their company to an online workforce. The Coronavirus has taken the World by storm and the companies that are able to prevail and fight through these tough times are the companies that will remain on top. There are many factors to virtual working such as employees taking shorter breaks, less time taken off, and less money spent on rent, so this might not be the end of remote-working. I really liked what Kyle said in his post about the importance of “crisis management”. Crisis management is really important for all companies. I understand that some companies like small restaurants cannot continue work while being stuck at home, but companies who have the ability to continue to work remotely need to have better plans in place just in case scenarios like these happen again. Companies that have plans for crisis situations are the companies that are “elite” worldwide like Google and Apple, but they plan for the unexpected which allows for them to achieve any task that may occur. The Coronavirus will change for many companies and open eyes for high management employers on what they can do better on the case a crisis situation occurs.

  18. It’s true, working online from home has always been a perk. Now, within just a few weeks it is a necessity. As the article states, globally only 41% of businesses before the pandemic had virtual office capabilities. At first, I was alittle shocked by this number, but after reflecting, there are so many businesses that require hands on or personal interactions. Many businesses had to quickly shift online and give employees the ability to work from home. While on the other hand, many employees lost their jobs. For example, my mom is a physical therapist and she has many patients who are post operation. It is imperative that these patients get proper therapy, so they have a smooth and successful recovery. As her profession is unable to go online, her hours were cut short. But, there is still a risk in this situation. She has to make a tough decision on whether to file for unemployment or continue to work. As she is in contact with multiple people three times a week, she could potentially be exposed. However, if she would file for unemployment she would be out of a job when this pandemic is over. I think that amidst such a huge crisis, businesses can get creative and potentially help them improve when this is all over. Technology is the most important factor as we all suffer through this, and businesses should use this to their advantage. “To that effect, the most important innovations are often born through crisis. Executives and managers of teams should see this as an opportunity to create, or refine, more comprehensive work-from-home policies.” I think this article brings up some good points and businesses must adapt to these new realities and they will come out stronger after this.

  19. With the outbreak of Coronavirus, many small businesses did not have the technological capabilities to deal with the practice of social distancing. I find it incredibly interesting to see which corporations and institutions deal with the pandemic and observe how the modern work world will forever change because of this. Primarily, I believe there will be a decline in small businesses due to the nature of the shutdown. Corporations have the technological and financial edge already in markets, now that people are not able to leave their homes, I think it will only get worse. I think it will greatly affect employment within the United States. Some predictions have indicated that unemployment will become the worst it has been since the Great Depression. There are many more changes that will come as a result of the Coronavirus. I believe that in the near future, many companies will begin to incorporate a work from home type of setting. It is clear that there is a lot of work that can be done from home and the need for an actual office space is truly unnecessary. Companies at this point are willing to cut costs in any way they can, and if a corporate office space is deemed unnecessary there is no reason that they would pay for a facility. Even schools are changing the way that classes proceed. Not only has the rest of the semester been moved to online, but some have even closed for the following fall term. Stanford University has already decided that the following semester will be online. I believe that other institutions will begin to take the same exact course of action. The only question that remains is how productive individuals can remain in a work from home environment. I think that companies and universities will begin to observe these things from a cost perspective. Imagine a university deciding that they will no longer hold in person classes; this could very well become a reality for students across the nation. In the time being, throughout the crisis, companies and universities will be measuring all these factors into their plans for the future.

  20. The Fast Company article , “ How to keep your business thriving during and (after) the Coronavirus” by Art Langer is necessary reading for every business owner around the world. Langer begins the article explaining how this virus has affected businesses, “nearly all businesses have followed suit as national and global agencies recommend social distancing to curb the spread of the virus. For huge firms with seemingly unlimited resources and technology, this displacement may be nothing more than a minor inconvenience. Leaders of smaller businesses are likely struggling with a new reality where social distancing is a requirement, not a suggestion”. Every type of business has been affected by the Coronavirus. Businesses such as restaurants, clothing stores and hotels all have had to shut down in order to stop the spread of this deadly virus. This virus might not affect major firms’ business, but it has drastically affected millions of Americans. The Washington Post reports ” In March, more than 10 million Americans lost their jobs and applied for government aid”. Just last week more than 6.6 million Americans applied for unemployment benefits last week, a new record.

    Langer explains how business owners should lead remotely, “As the head of your company, take the initiative to be readily available in virtual channels. If your employees see that you’re accessible, they’ll be more likely to follow your lead and share their thoughts and ideas with you and their colleagues”. Langer’s statement is correct because everyone is stressed during this time. For employers who don’t have experience working remotely, this new type of work environment is an adjustment. Langer continues by explaining why it is important for businesses to adapt to this new reality, “The executives who go above and beyond with their remote-work capabilities will not only lead the companies best suited to survive this crisis but will come out stronger for years to come”. Langer is right that those executives who handle it best will come out stronger because if executives can manage their businesses and employees during a crisis no one has seen before, they can handle any situation. If the head of the company shows leadership and allows the employees to feel comfortable while working remotely, the environment will not be affected. However, a head of a company who is not understanding and does not lead by example will not succeed during this crisis.

    Overall, I believe most executives understand they’re in unseen territory and are willing to help their employees in any way possible to do an effective job working remotely. If I was an executive during this crisis, I would make sure it is communicated to my employees that I am there for them and are willing to help loosen their stresses with a softer workload and less pressure.

  21. The Coronavirus pandemic has been a true disruption in the lives of many for the last month or so. One of the areas hit hardest by the effects of quarantine and social distancing is small business. Small businesses around the country are being forced to shut down and, in some cases, lay off employees. Prior to the mandatory quarantines, I went to one of my favorite Italian bakeries in the area and the owner of the shop was devastated about their eventual closing. She talked about how they were relying on the sales of the coming months to pay rent and taxes. It was really upsetting to hear about their upcoming struggles as a result of the pandemic. Hopefully, many small businesses around the country can take the advice of Art Langer in this article to help their business through these troubling times.
    One of Langer’s first points about ways to help a business survive the pandemic is to “invest in a digital mindset.” Langer believes that if businesses are able to adopt the use of certain technologies, it will help them survive now and in the future. Langer talks about 5G being one of the technologies invested in that will allow a smooth transition to online learning for schools around the country, specifically his Columbia University. If Columbia and other schools weren’t prepared with programs like Microsoft Teams and Zoom, they may not have been able to continue this semester. All students may have had to pay for an extra semester of school due to the lack of digital literacy of the universities. Thankfully, most schools have been able to make a seamless transition to online learning, allowing students to finish this current semester.
    Another one of Lang’s points that stood out to me was about thinking long term. It is great to innovate and adapt now to help your business survive, but you cannot simply forget about all of this once the pandemic is over. Lang says that “crisis management plans shouldn’t end just because the crisis is over.” Businesses need to keep in mind how these expansions into digital platforms can be beneficial for the future. It would be foolish to abandon it all when social distancing ends. Lang also points out earlier in the article that “the most important innovations are often born through crisis.” The pandemic has provided a great opportunity for a large amount of people to become more digitally literate than they’ve ever been. Just like business innovations, those skills should not be forgotten once the pandemic ends. It will be hard for many businesses to survive social distancing, but hopefully they are able to use the technology we have today to find creative solutions to the problems presented by the pandemic.

  22. With the coronavirus being classified as a pandemic in the last month, spreading to nearly one million people and leading to the death of over 50 thousand. It has led to the way that people go about things to completely change with the government mandating a social distancing policy to keep 6 feet apart, along with advising people to stay in their homes unless they have to leave for an emergency. Thus, it has led to businesses, restaurants, and all non-essential places to human survival to close, thus displacing thousands of workers, putting the majority of them online. With many businesses closing their doors and going onto the virtual world, not many people know what to do to continue to be successful, thus causing some to begin to fail. In a recent article by Fast Company, the author Art Langer who works at Columbia discusses many ways in which businesses can remain successful when they transition to the world online. One of the main ideas which the authors presents is that to be successful in the online work world one needs to lead by example because “If your employees see that you’re accessible, they’ll be more likely to follow your lead and share their thoughts and ideas with you and their colleagues”. The author’s idea of leading by example is in all actuality quite a good idea because often, when people see someone else doing something, it makes it so that they are more likely to as well because then they will feel comfortable doing it. Mostly being because when a person sees another doing something, it makes it so that they don’t feel as strange doing it as someone came and did it before them. Another idea that the author discussed is investing in a digital mindset as “Making a full-scale transition to new technology is unrealistic (and expensive) in such a short period, but even taking a small step to enable some face-to-face interaction, albeit virtually, is a step in the right direction”. The author says this because by taking steps towards the digital direction, it not only helps businesses adjust to going online due to the pandemic now, but it could also help make it so if any event like this happens in the future that businesses and corporations will be better adjusted for it. Now, this idea is quite effective as it has worked before because, as the author stated “The decision to cancel all in-person classes at Columbia University would have been entirely different without investments in technology, such as 5G, that easily allows our students and professors to interact through video”. Therefore, pointing out how the idea of taking steps towards the digital direction is one that could not only improve the productivity of business no but also help them in the future with whatever else could come as in the case of the university. Overall, the ideas discussed in the article are ones that could not only help businesses survive and succeed during the current pandemic but also could help make sure that businesses are better adjusted for future crises.

  23. Upon reading this article I was not surprised when I read that Apple, Google and Amazon were some of the earliest companies to mandate remote working due to the COVID-19 outbreak. I say this due to the fact that these are some of the most successful and innovative companies that can withstand controlling their company in midst of extreme changes and circumstances. Companies of this scale have the appropriate resources and technology to allow them to enforce remote work with no problem at all. Something that I really agreed with while reading this article was that smaller businesses who previously did not allow remote work will truly be able to thrive and grow from this experience. Remote work leaves a great deal of room for innovation, if leaders and managers can be flexible and create a comfortable remote work environment this can spark and generate new ideas that will allow the business to continue to grow. Since the remote work environment is drastically different from the office setting this makes it crucial for managers in the workplace to make the transition seamless so that innovative ideas and communication does not cease.
    This situation will also allow companies to utilize and familiarize themselves with the outstanding technology that is available to them and most importantly that will play a huge role globally in the future. Schools, businesses and the entire world is currently starting to adapt to the drastic changes and learning to conform to the social distancing regulations in place, showing that the world will further develop and grow through this crisis. Although the situation that the world is going through is not ideal it is still a great opportunity for companies to create a flexible remote work environment and enforce more stable work-from-home policies. Not only does this situation present itself as an opportunity for small businesses to grow, but it also will allow all companies and organizations to adapt and be better suited for when dire situations arise in the future.

  24. The coronavirus has impacted many businesses all around the world, especially now in the United States. With cases rising to over 200,000 in the United States, President Trump has placed a quarantine until April 30, leaving only essential businesses to operate. Many businesses are forced to either shut down completely, close earlier, or limit their services. Many people are forced to stay home and can not work. This has even affected me, I work in a pizzeria and restaurant as a waitress, and I can not go to work due to dine-in services being prohibited. Many businesses are losing a lot of money, and employees are not able to make money to pay for bills and necessities.
    The article provided great tips to make this current reality the future for your business. The article recommends to be able to have virtual channels available in your business. Especially in times of crisis like this one, work should be performed at home. The business should still be able to continue, as a result they will still make money and employees will still be able to be paid. However, many businesses were not prepared to switch completely virtual. Such as universities, all in-person classes have converted to online in a matter of two weeks. Therefore, investing in technology is important. Not only for times like this, but for the future as well. Investing in technology such as the cloud to make working from an location easier, or investing in wifi to make work faster and easier, is important for now and the future.
    The outcome of this pandemic is that everyone needs to be more prepared for the future. Companies need to be prepared in the long-term, by investing in technology. Companies can even establish more work-from-home policies. This is cost effective and beneficial to a company. The amount of space needed, the amount of breaks taken, or amount of time taken off, can all be reduced in the future, which will ultimately save the company money. This pandemic should be taken as a wake up call, companies need to overcome this and come out stronger and better for the future.

  25. I’m not surprised at all that companies like Google, Amazon, and Apple were some of the first to move to remote working. These companies have shown how capable they are in adapting to new challenges and innovation. Amazon adapted its own system to create faster shipping and is only working to create faster shipping with COVID-19. Amazon is being used more and more with this pandemic as many citizens around the world have been ordered to stay at home and governments create lockdowns. Amazon is the go to place to shop with fear roaming the street over the corona virus which is mysterious and dangerous.
    Over the past few days cases of Coronavirus have skyrocketed around the world, just recently the United States became the country with the most positive cases. Many people thought that it would end mid April but now it has become unknown when in reality cases would start to slow down. Remote working is really giving way to companies and testing their capabilities with technology. Working from home would bring a new era just like in evolution only those who can adapt to would survive. Businesses that are considered Essential would survive the work from home era, however those businesses that are considered nonessential have to adapt from working from home. The adaptation is crucial for maintaining a business afloat and also giving the opportunity for some individuals to not be laid off due to the current circumstances. Unemployment is expected to rise within the weeks as many people whose companies could not function from remote working are laying them off.
    A problem that really arises with remote working is the responsibility and accountability of the businesses. As stated it is “uncharted territory” for many companies who do not know or do not possess the resources to adapt to remote working. Corporation companies should not have a problem moving to remote, however small businesses would struggle to do business from home as they can have fewer employees or do not have the proper resources to have remote working. Small businesses that are able to adapt or evolve due to the current circumstances would end up thriving and building a road for greatness. I would not be surprised when some small businesses disappear as stay at home laws keep getting extended or because they are non-essential businesses who could not or did not have the resources to have remote working. Also under the current circumstances it would not be surprising if a new creation of businesses are formed, businesses that we have never seen before giving life to new types of industries and markets.

  26. I think that this article points out a valid mindset and that the world is changing and will not be the same as a result of the COVID-29 pandemic. We have lived in a society that has seen an increase in demands of higher skilled employees, and people find it harder and harder to further their education with an increase in college prices and stagnant wages. As a result of these things building up over time, the economy is surely heading towards a recession, and society is having a very tough time handling the stay-at-home orders, a sudden standstill at life. With many people losing employment as a result of the closing of businesses, the world will change with the way it is run when and if this is resolved. Like I stated previously, unskilled workers are facing an uncertain future with the loss of their jobs, and it is now a time in which we must focus on the future. As the article states, thinking long term about digital change is something we must look towards. With that comes a change in mindset of society. Now, for the future of society, we must help out others to build on the skills of technology to provide them a lane towards working in a skilled field. If we hold off on doing this, the world will have an issue with dealing with unskilled workers as the world moves towards a digital world.
    If we do not work towards helping the bottom rise up towards skilled jobs, the financial packet that Congress just signed to help American’s affected by the pandemic will not be the last.

  27. This article is very informative and will help your business big or small. At a very difficult time where people are being laid off and businesses are being labeled as non-essential, anyone could use kind of advice they can get at the moment. Unlike multi-million dollar corporations, small businesses, who are deemed “the backbone of the economy” to some, are suffering the most. They do not have the proper resources available to them, especially when they contribute to a small market of the economy and don’t have such a large profit. Since social distancing is now a strict requirement to society, it is harder for them to maintain their business and earn a profit. However, bigger corporations won’t see this as a problem. As the article states, “remote work was more a perk than a necessity for companies. Before the pandemic, just 41 percent of businesses globally had virtual office capabilities, which leaves a huge chunk of employees suddenly adrift in uncharted territory.” However, this gives opportunity to those companies because they have already thrived in this kind of setting and will have an easier time getting people adjusted to this. Smaller businesses will sink if they have to gather the resources at this specific point in time because it is already tough enough to make money, acquiring the right technology will be tougher.
    However, this article does a good job of listing out was is necessary during these difficult times. Number 1, Lead by Example. The article states that “A fully remote workforce means the only “face-to-face” interaction you’ll have with employees is through videoconferencing.” and “As the head of your company, take the initiative to be readily available in virtual channels. If your employees see that you’re accessible, they’ll be more likely to follow your lead and share their thoughts and ideas with you and their colleagues.” As a leader, you need to be able to motivate your workers and make sure they are doing their best work during this pandemic. Number 2, Invest in a digital mindset. “Technology such as the cloud makes remote working easy, but having server access from home is not enough, especially when your entire workforce may be displaced for an extended period.” And, “Making a full-scale transition to new technology is unrealistic (and expensive) in such a short period, but even taking a small step to enable some face-to-face interaction, albeit virtually, is a step in the right direction.” This goes back into being a strong leader. Make sure you are leading your team in the right direction and motivate them to do their work productively. Lastly, number 3, Think Long Term. No one knows how long this pandemic will go for. As the article states, “Whether it’s two weeks or two months, businesses must adapt to the new realities that coronavirus presents. The executives who go above and beyond with their remote-work capabilities will not only lead the companies best suited to survive this crisis but will come out stronger for years to come.” Everyone must come out of this stronger than they were before. If you show enough resiliency, that will make you a better person in the long run and I totally agree with that statement. This article does very well in explaining how we can stay active and hopeful for our businesses big or small in the coming days, weeks, and/or months.

  28. I found this post intriguing. While I think many of these tips are essential to conducting a successful online business, many of the pointers in this article feel like things only someone who wasn’t digitally literate would not know. Of course it would be better for the company to have digital means in the backup — the question is rather if the company is fine with using those means, or if they’re rooted in physical contact. Having a digital infrastructure is beneficial to companies, even outside of crisis — workers could work remotely during inclement weather, sickness, etc.

    But I do have to give this article props. It is essential that these company heads learn to adapt to new technologies. It’s shameful that so many people, as it is, are out of work because their work company doesn’t have a digital infrastructure. The craziest part is, I don’t even think it’s hard for most positions. If you’re already working behind your computer 24/7, it shouldn’t be hard for your job to transition your role to an online one. They’d have to be more worried about getting all employees contact info together, rather than worry about the work. Regardless, I think this article is obviously good for those it’s intended for.

  29. Due to the unforeseen circumstances, it has a big impact on Businesses. However, there are still ways that Businesses can be kept up and running and being stable. Small business leaders are struggling with social distance contact. They are still given a chance to work remotely as much as possible. As of now, it is working, and it is helping everyone keep in contact with each other and to still manage their businesses. Some things, however, just don’t work remotely. There are things that need to be done in person. There are things that can be switched to doing them remotely, but just because they are switched online it does not mean it will be as successful in person. However, it is worth the shot to see if it can. If owners can help figure out a way to keep their businesses up and running, I think it is very important they at least should be able to try, rather than giving up. Some companies might not be able to afford to be taken on the web, or it just might not work the kind of business they are in. However, if there is a will there’s a way. Certain professions will be impacted more than others, it depends on the kind of field and what they can do online. For example, big Accounting firms won’t be affected and they can work remotely. Such as companies that have jobs in related fields like Finance, and Computer Science. Education can even be taught online. However with young kids, it might be harder for them to access and understand how to use all this new technology by themselves.

  30. The world of small businesses is perhaps the most overlooked aspect of this whole coronavirus pandemic. They are truly one group that is suffering a great deal because they do not have the resources to have all of their employees work from home. Bigger companies such as Amazon and Google surely had no problem having their employees work from home when this pandemic broke out. This article was very informative and will definitely help small business owners and executives in middle sized businesses. It is imperative that executives and business owners lead by example during this pandemic because if the employees see that the leaders are not actually leading, they will become less motivated to work and that would be detrimental to the company. It is also imperative that more money be invested into the company’s digital existence, not just for right now but for the future as well. Preparing for future emergencies where employees will be forced to work from home is a smart decision that can only benefit the company. The COVID-19 pandemic will surely change the way the world does business and I would not be surprised if more and more companies switch to e-commerce and move almost all of their operations online. The amount of interaction that people will have in the business world will be limited and the amount of conference calls will increase dramatically once this virus has passed.

  31. During this time, the coronavirus has affected more than the health of the people. It has shut down most businesses, large and small, caused a drop in the stock market, and has had a large effect on the economy. Most nonessential businesses have moved to remote work and the essential businesses include food, grocery, pharmacy, liquor stores, and some smaller firms. Before the virus, most companies used remote work as a perk or if needed by the employee. Now, almost every business including the biggest in the world, Apple, Amazon, and Google are following the CDC requirement to social distance. Amongst the unclear happenings for the future, one of them is how businesses will come back to their normal operations. In this article, they outline some of the ways that businesses can operate throughout the virus and functioning after. Virtual channels are one of the more efficient ways to operate now. Making sure employees are able to operate completely from home includes having the technology to do so, having the setup in a home office, or making sure that timing works with everyone being home. Virtual conferences are one of the biggest forms of communication for the workplace. It is noted in the article that as a leader in the company, taking the initiative to be readily available virtually and becoming familiar with the virtual world will help with the operational activities during the time of uncertainty. When a person is a leader they said for the example for the rest of the company, by being there for their workers and their employees they are making sure that their business is staying operational during this time and that the satisfaction of their workers and employees are being kept at the forefront of the decisions. The digital age is becoming more used during this time and by using videoconferencing he can make face-to-face interaction still possible for larger companies. The digital mindset is something that employers are going to have to get used to because technology is making remote working easier and more accessible for everyone. Even though not everybody knows how long this might last a thinking long-term is another point that was made so that employers are prepared. Plans that are made should be easily adaptable to any change of that kind of car, and making sure employees are staying up-to-date on those plans will encourage easy fixes if needed. This is something that not everybody expected but will have to be encouraged in every business’s crisis management plans in case it were to occur again. Among the changes that have occurred during the time of COVID-19 one of the outcomes could be to acquire more technology uses for remote learning and working so that companies will not have to close. Being prepared for the unexpected is something that most if not all businesses across the globe will have to have in the back of their minds when making large scale decisions. As mentioned in this article, the leaders and executives that are prepared will ensure optimal success for years to come.

  32. COVID-19 has changed the way of living throughout the globe and businesses can either flourish or collapse during this time. Most businesses are operating remotely , which can lure in new customers. If these companies have sales and promotions going on on their websites, they will be able to draw a lot of attention and most importantly revenue. As stated in the article, during this time technology is key. If businesses find a way to still connect to their customers through technology, they will be able to create life-long customers , because the customers will always remember that the company was able to provide them with the resources they needed during a difficult time. Customers want to feel that they are put first , and if companies find a way to do so , they will continue to come back. In the long run, if this lasts for months, companies are able to cut costs in other areas such as office space, which was stated in the article. Those companies who are able to survive now without or little to no incidents will come out stronger once this is all over. They will be able to feel that they are able to survive what ever else may come their way , causing them to respond quickly rather then later, when it may be too late for them. Overall , COVID-19 has had its downfalls when it comes to business yet their has also been some good that has come from it, it all depends on the companies and how they want to go about running tier company.

  33. The pandemic of COVID-19 made many businesses close and force all workers to work remotely at home. But that’s not really the case with some employees, small businesses had to lay off their workers in order to cut budgets and save money. The pandemic left many people unemployed and made them file for unemployment. But it is good to know that many businesses can still function during these uncertain times. Many businesses use technology to their advantage such as virtual meetings or as mentioned in the article, the use of cloud. The use of cloud helps companies share files or store them. Technology became our biggest advantage during the pandemic because it helped the educational system and businesses as well. Many schools transferred to online because of the stay at home rule that has been affected in the US. For example, at Rider many teachers uploaded all their lectures and notes on Canvas for students to have easy access at home on their laptop. Many teachers have also used virtual meetings such as Zoom to connect with their students and continue teaching virtually. As mentioned in the article, during the pandemic businesses should plan ahead in the future, if another outbreak occurs. If they don’t plan ahead, it will only hurt their business more in the future. The article mentions that businesses should refine their work at home policies, so it would be easy to transition to if another outbreak occurs.

  34. The Coronavirus is without a doubt one of the most awful diseases to plague the human race in recent human history. Not only is the virus causing many deaths around the world, but it is also negatively affecting the global economy. This virus has caused many businesses to be forced to close their doors due to social distancing and state guidelines. For many service businesses, this virus has put an incredible strain on the businesses’ ability to pay their employees and the money which they owe. These service businesses are in most cases shut down with no money coming in, which means they will not be able to last long while paying all of their expenses.
    Due to all of this economic strain being put on the companies, many people feel that the economy will not simply bounce back after this pandemic. The belief is that things will have to slowly get better over the years because businesses will not only have to deal with the pain that this virus has caused but also the change in consumers. Many consumers will not feel comfortable going right back to their normal lives once the quarantine is lifted. People will still be hesitant to go out to eat, go to the store, or socialize in general. People will want to social distance until they are sure that there is no more threat from this virus. This means that businesses will need to adapt to the post Coronavirus atmosphere, and if they fail to do so they will most likely not survive.
    Businesses are going to be faced with a lot of challenges in the near future, and the path for recovery will not be as easy as many people are expecting it to be. While there has been a lot of positive government influence on the economy and the consumers’ pockets, it will be very hard to determine if this will be enough. This being said I do still think that our economy will be able to return to its record high numbers. I just believe that this will be a slower growth then many investors and businesses are hoping for.

  35. Unfortunately due to the COVID-19, many businesses will be closing their doors for good. They can no longer afford to pay employees, rent, as well as many other expenses business owners are faced with. On the other hand, as stated in the article, for major companies this is nothing more than an “inconvenience” for them since they have already adapted and implemented at home jobs previous to this disaster. Being a business owner myself and not being able to perform my job as usual, I definitely had to make some adjustments in order to keep things rolling. For example, I had scheduled weekly video conference meetings with everyone in my company to discuss performance and go over what needed to be done for the week. By keeping good contact with your employees, it makes running your business from home much easier. Although you can’t physically see with your own eyes that your employees are doing work, you can rely and put trust in them to get everything done from home.

    By staying ahead of the virus and continuing to innovate and prepare, your company will stay afloat. Many companies are now advertising on social media that never have before since foot traffic is currently unavailable. Companies are redesigning their websites to convert more sales through social media. Having my own marketing agency, I noticed a sudden increase in clients when this virus started to develop. By preparing like this, you are doing whats necessary for your business to survive.

  36. The spread of coronavirus has affected every aspect of all our lives. All businesses, both big and small, have been affected. This is a very difficult time for small businesses because they will be severely damaged, and may not even be able survive this pandemic. This Fast Company article, written by Art Langer, provides three ways to for companies to still thrive during this pandemic and even after.

    The coronavirus has forced everyone indoors and away for each other, thus shifting mostly everything online. You would think that mostly every business has online capabilities, but that is not the case. ” Before the pandemic, just 41 percent of businesses globally had virtual office capabilities, which leaves a huge chunk of employees suddenly adrift in uncharted territory.” One of Langer’s tips to “invest in a digital mindset.” I think this is a good tip, but it should be an unnecessary one. If you did not even have little digital mindset, you are well behind the pack. Its 2020, technology has grown all around this and increased all of our possibilities, especially for businesses. Implementing technology will improve your business and its potential. However if you need to someone to tell you this, it is likely you are behind your competitors. Another tip given is to lead by example. Taking initiative during a time like this will really resonate well with others. It will show that during an unexpected and unprecedented time of struggle and confusion your business is still standing strong. You show that you are adaptable or willing to adapt to whatever necessary. The last tip is to “think long-term.” You should always have an eye on or for the future. You must do so especially during a time like this. You cannot just assume that everything will go back to normal next week. You should prepare for the worst case scenario. This pandemic can also be used as a learning experience. A lot can be learned from the way your business handles this pandemic. You can evaluate your company, for example a corporation can evaluate how good their online capabilities truly are.

    The current pandemic obviously is not good and I hope it ends soon. But it does provide a test for businesses. In some cases it is a necessary test to see how their business truly is, in other cases it is a harsh test that they will struggle with. This article definitely provides some tips for all businesses.

  37. Fast Companies article on “how to keep your business thriving during and after the coronavirus” seems like its based on businesses that can still easily preform remotely, but not all businesses can easily adapt, the article mentions how all businesses have followed in the footsteps of apple, google, and amazon in that they have mandated remote working, it also talks about how one of the main ways a business can thrive during the Covid-19 pandemic is to require employees to be available via online video chatting, I feel this is very broad and can apply depending on what type of business setting you work in, for example someone like my sister who works in human recourses is able to keep working through this pandemic while on the other I am a retail associate and really have been unable to work since my store closed, Im sure the company I work for is requiring there corporate employees to join video chats every work day and are pushing online sales. The next point this article brings up is that businesses need to invest in cloud technology which really touches on the last point that businesses need to have a digital presence by investing in new technology as know one knows how long businesses will have to social distance, with that said it does seem businesses will be back working with face to face contact sooner then later. Honestly I dont really like the points this article makes as it seems like common sense for some of the points, but maybe I am just not reading into it enough. The final point this article makes is that businesses need to look at the long term and should keep there remote contact available after Covid-19 is over, I thought this was the best point of the article as businesses who stay prepared for future risks will strive in the long run, businesses are going to have to use this pandemic as a learning challenge that will help them grow, but we have to realize not all businesses can easily adapt to only having remote communication, but any type of online or remote presence can be a step forward.

  38. Adapting to the changes that have come with the pandemic are important whether you are an individual or a company, and not being able to make the changes necessary to continue in this volatile environment may spell certain doom. Companies and workers have been reluctant to integrate the digital space into their business models for years, but they ignore the obvious need to at their own peril. The current pandemic is a perfect example of why the digital space is so important. At this point in time, we have the capacity to do much of what we do now on the digital realm, with the potential to do even more. What is also important to learn from this is that our lack of preparation is what lead us to this dire situation in the first place. The economy is suffering greatly because of this quarantine, and is mostly because most businesses are not prepared for a crisis such as this. As a result, they are absolutely crippled when having to deal with the huge drop in demand like with this pandemic, and without evolving and keeping new protocols and operations of business they will be doomed to fail in the coming decade. If quarantine lasts much longer than we expect, and workers cant return to work as soon as businesses would like, those firms not prepared will not be able to survive. Its hard for many firms to be forward thinking when they are most focused of profits, business in the United States is very sheltered in a sense, and things like this are never really thought about when a business model is being created. Workers were laid off in huge numbers, and when many realized it was time to shift to remote, they didn’t take it well. Many college institutions especially are struggling with the shift to remote classes; something like this is completely unprecedented and there is no way anyone was prepared for it. I am worried about fall semester, as it seems against health safety to return to classes so soon, yet there is no way seton hall can support another semester of online classes, whether that be because of capacity or finances.

  39. This article summarizes the current state of what this pandemic has done to the work force.

    The fallouts of COVID-19 have disrupted traditional ways to secure remote access. Security teams around the world are struggling to cope with the challenges posed by mass telecommuters who now rely heavily on VPNs to get their job done. New malware attacks have also surfaced that target remote workers and VPN gateways. In recent weeks, Cisco Systems reported a 10-fold jump in security-related help-desk requests from remote workers.

    Till now, enterprise VPNs have been commonly used to secure remote connections. It’s fundamentally designed to enable mobile workers, telecommuters, remote sites, etc. to securely access the corporate network. Normally, the number of concurrent VPN users account for only a small fraction of the enterprise workforce. After the COVID-19 outbreak, that number has suddenly spiked. Enterprises are now forced to exponentially scale their concurrent remote user connections and that’s when many VPN-related challenges surface.

    The sudden increase in load increases the chances of malware attacks on VPN gateways. Many VPN connections uncover configuration errors and bugs which in turn expose new threat vectors. VPN security heavily relies on encryption-related processing which mostly happens in the hardware. As such, corporate firewalls have limits on how many concurrent VPN users they can support.

    The current surge in remote users has dictated the procurement of more security infrastructure. During a pandemic when quarantines and shutdowns have derailed the supply chain, procurement is scoured by longer-than-usual lead times. The snowballing impact of these VPN-related challenges cannot be ignored. IT must explore newer ways to secure remote access. Many companies are now offering low cost, highly secure solutions to combat this issue, using small hardware devices where a user can install effortlessly and get connected back to the corporate environment seamlessly, but fully secure. This will open the eyes of corporations and push them to re-think their teleworking policy.

  40. Companies know that it is time to revolutionize the workplace. Many jobs that have already switched to online have become moderately successful. Many companies rely on face to face interactions. This is important however, this can be the greatest downfall in the world of technology. When I attended a webinar, the speaker talked about her experiences and how her small food business relied on face to face interaction. When the virus hit, her business stopped. This is a big issue not only for the fact that it was a small local business, it needed to progress with technology before these difficult times hit. Because the business has not focused on technology, the workers are now waiting for quarantine to be lifted so they can get back to work. The speaker talked about how they made a website as a way so people can buy their products, this is good, but the fact that they waited until a pandemic hit could potentially destroy their whole business. A company that does not have a portion online will show, impacting all of the employees by firing, furlough, or even cutting pay just to make sure the company could stay afloat. This is unfair in the world we live in because we may have not seen this pandemic coming, but we see how everything people do is becoming virtual on a daily basis. This is from buying packages online from amazon to going food shopping online and having it delivered to you. Technology makes lives easier and ensures some sustainability for online businesses. This is because when workers already work online from their company headquarters, the impact would not be as severe. This virus would only change the location of where work is done, instead of at company headquarters it would be done at home. The issue with face to face contact during this pandemic, is people being put at risk everyday because no one knows who they are coming in contact with. Every company should have taken this virus as a sign to evolve their company and switch it to online. This change could reduce the level of stress for companies and ensure some security and safety of the company and workers.

  41. As we saw in the beginning of the coronavirus pandemic, many businesses were forced to shut down to comply with government regulations. That meant that only businesses that were considered “essential” were allowed to remain open. Luckily, my father’s restaurant was allowed to stay open because food services were considered essential. However he was not allowed to have indoor dining and could only conduct sales through take out or delivery services. This posed a major challenge for my father because he relied heavily on people eating inside. While many people still ordered takeout and delivery, it was not going to be enough to cover what he was usually making in a day prior to the pandemic. We needed to figure out how he was going to operate the restaurant correctly so that he did not take a serious financial loss.
    At the time all this was going on, Seton Hall University already converted to fully remote learning. It worked out that I was able to work in the restaurant with him because the lady that worked for him did not want to work during the pandemic. I have always played an active role in the business by making updates to the place when needed. When I began working there, I figured out a way to get the message out that we were still open and operating. I set up a Facebook page for the restaurant where I posted daily updates with specials and deals. I posted everything to these groups where I know adults from the town and neighboring towns belong to. This worked out so well and we began getting so many new customers as a result to these posts. The restaurant my father owns is quite small and many of these people never even heard of the place. They ended up liking the food so much that they became returning customers.
    I really did not know how we were going to get the message out to people that we were still open. So many businesses ordered from us prior to the pandemic and because they were forced to shut down, we lost all that business. By free advertising on Facebook, it completely changed everything with the place. We now have so many new customers and we are busier than ever. In the beginning of the pandemic, my father was scared thinking that nothing might work, and he might be forced to close if he was not busy enough. He is now so happy that everything worked out and how well we did during the peak of the pandemic. It is crazy how much technology changed everything for us. It made such a difference in such a short amount of time. Without the use of technology, I really do not know what would have happened to my father’s business.

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