How pandemic is bound to reshape business models

Many human resource departments are now forced to review their policies on office hours and sick leave. FILE PHOTO | NMG

Everyone has a plan until they get punched in the mouth, former heavyweight boxing champion of the world, Mike Tyson said. The Covid-19 coronavirus has delivered a swift uppercut from the blindside that has us all reeling back from business as usual, blurry-eyed as all strategies and projections of future business are rubbished with the C-suite unsure of what’s next as its domino effect is experienced across industries.

Many human resource departments that pegged performance metrics on having physical bodies on location are now forced to review their policies on office hours and sick leave. IT departments that frowned on implementing bring-your-own-device programs and deployment of remote access and sharing infrastructure, citing legitimate cybersecurity concerns are now thrown into the deep end with little time and probably non-existent budget to figure out how all this will work. That most jobs are still offline and on-site in nature, exacerbates this further, even as the work from home sirens sound.

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