Wednesday 24 June 2020

“COVID-19 BUSINESS RECOVERY & SUSTAINABILITY PLANS”

“COVID-19 BUSINESS RECOVERY & SUSTAINABILITY PLANS” for each of the following industries.
1. The Business Services Industry
2. The Food and Restaurant Industry
3. The General Retail Industry
4. The Health, Beauty and Fitness Industry
5. The Automotive Repair Industry
6. The In-Home Care Industry
7. The Technology Industry
8. The In-Home Cleaning and Maintenance Industry
9. The Travel and Lodging Industry
10. The Sports and Recreation Industry
Each plan should address the following topics:
o Scope
o Goals and objectives
o Key business functions and recovery priorities
o Business impact analysis
 Business Impacts Survey (See sample attached)
o Recovery plan
1. Protect - Quickly identify how your workforce and facilities are impacted by the virus and minimize potential exposure as conditions change.  Quickly and effectively assess your options
2. Stabilize - Accurately assess and allocate your resources to maintain business activities where possible and in compliance with policy restrictions.  
Consider alternative supply chain options.  Look into alternative funding.  Maximize the use of government support policies
3. Reestablish - Holistically understand your hyperlocal market conditions and gain unique insights to prioritize markets for recovery and for renewing services.  Prioritize key business functions and processes.  Make use of support policies and funding.  Calculate financial paybacks of various options
4. Reshape – revise your marketing plans and become more agile as well as devise interesting ways of engaging your audience during these difficult times.   
Make transactional processes more digital and focus on value-led, proactive operations driven by data and analytics to reduce stress on operations.
5. Recover - resilient leaders recognize and reinforce critical shifts from a “today” to a “tomorrow” mindset for their teams. They perceive how major COVID-19-related market and societal shifts have caused substantial uncertainties that need to be navigated—and seized as an opportunity to grow and change.  
Ensure full delivery of the turnaround plan
6. Resilience – Once companies have solidified strategies based on stress tests and communicated any new directions with relevant stakeholders, they will need to execute based on revised plans.   Adopt a distributed global services model:  Use a mixture of service models to de-risk the organization in a volatile world. Distributed global services mean that high performance can be delivered anytime, anywhere.
o
• COVID-19 guidelines & policies
o COVID-19 Risks…the 2nd Wave is Coming
o Remote Working Policies
o IT system resources
o Office recovery plan
o Communication During the COVID-19 Pandemic
o Key Business Functions
• Business Continuity Plan Checklist
o See example attached.
We are a consulting firm in the US and we would like to provide our small business clients in the Houston, Texas area with Business Recovery Plans to recover from the negative impacts of COVID 1 on their businesses. We are not sure how many businesses will work with us quite yet, but wanted to develop templates to work with the 10 largest industries in our area. So each of the 10 COVID 19 Business Recovery Plans need to be developed based on the Houston, Texas competitive landscape. Specifically in the Fort Bend County area of Houston.
We feel certain that once the first plan was developed and approved, it would be replicated for each industry. Only 1-3 pages would be customized for each industry (10-15% of each plan). The majority of the plan (85%) would remain the same for each industry.

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