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COVID19: Important Business Update: The Three Step Guide to Thrive | Part Two

COVID19: Important Business Update: The Three Step Guide to Thrive | Part Two

Published on May 8, 2020 by Selwyn Black and Evatt StylesSelwyn Black and Evatt Styles

“The best way to predict the future is to create it” – Abraham Lincoln

Selwyn Black, Partner and Evatt Styles, Senior Associate of Carroll & O’Dea Business Lawyers share their insights on business in Australia and the evolving COVID-19 landscape.

Some businesses reacted quickly and created their own future, and others are still considering their options with mixed results. Fortunately, there is light at the end of the tunnel with some restrictions easing. However, there is no doubt that the economic landscape has changed into a dangerous minefield.  It is particularly perilous for directors and business owners to traverse that landscape as if nothing has changed, and who fail to take the time to understand those obstacles, and take precautionary steps. Businesses that have been positive and proactive in seeking legal help have created opportunities to thrive.

The COVID Important Business Update Survival Guide for the Corona Crisis – Part 1 dealt with how to survive hibernation, which will continue to impact some businesses. 

Part 2 is the business law guide to thrive which will impact all business.

Guide to Thrive during, and after COVID-19

Establishing a long term future requires carefully considering how your short term decisions demonstrate “value” and “integrity” to your customers, staff and community.

Balancing the virtues of value and integrity is the secret to engagement. It is the secret to the synergy of customer satisfaction and success.

Here are the three easy telltale steps that you can implement now.

The Three Steps to Thrive

    1. Consider Future Work 
    2. Consider Future Workplace
    3. Consider Future Workers

Businesses are setting themselves up to thrive, and avoiding disputes by taking these three simple steps and implementing them in a way that demonstrates “value” and “integrity”.

When it matters, you need the right commercial advice.

If you have questions, please contact our office on 1800 059 278 or enquiries@codea.com.au. If you are a new client, please complete our Contact Us Form now, so that one of our experts can contact you with a no charge and no obligation call to see how we can help your business now.

 

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