Stefan Olsen

The world as we knew it changed on Tuesday 23 March 2020, when PM Jacinda Ardern announced that as of 11.59pm Wednesday 25 March New Zealand will move to COVID-19 Alert Level 4, which means a nationwide lockdown.

The following text is a transcript from a vlog I published recently, asking some practical questions around Managing Cash at COVID-19 – Level 4 / Nationwide Lockdown.

Following on from Monday's article looking at Business Continuity & Managing COVID-19, this article looks at some key considerations to address when looking at your immediate business response to this global pandemic. Included are five steps you can take with your team when looking at your business continuity in response to COVID-19. Also included are some practical considerations.

Over the next week or two I’ll be sharing some practical information you can use as discussion points with your staff and external business partners. This is relevant regardless of the size of your organisation. To begin, address these practical business continuity questions to help you front foot COVID-19 in your business in the immediate future.

When Hutch from PlanA Consulting started with working with KILT in 2012 the designer and manufacturer of high-end women's clothing had seven boutiques. Fast-forward to 2019 and this Kiwi owned and operated company now has 16 physical stores throughout the country along with a thriving online shop selling and exporting around the world.

For all three PlanA clients covered in the previous instalments of this series, the benefits of reviewing and improving the operational side of their businesses were numerous with turnover and productivity increasing in-line with gross profits.