COVID-19 Update

Here's how You can Adjust to the Emerging Realities!

COVID-19 and the Future of Work

Dear ,

The outbreak of the novel coronavirus (COVID-19), first reported in Wuhan, China in December 2019 has significantly altered virtually every aspect of business and personal lives across the globe. Measures being taken governments all over the world to stem the spread of the virus have ranged from routine body temperature checks at ports of entry to clamping down on public gatherings and in extreme cases, total shut-down of cities.

The effect of this on businesses is that operations cannot go on as usual, and companies have to get creative on how to keep their businesses afloat even in the face of dwindling revenues. In the heavily hit countries in Europe and North America, companies are either sending staff home on unpaid leave or adopting "work from home" arrangements to maintain their operations.By the time this epidemic is over, we can expect some adjustments in the way businesses run, and Nigerian businesses should not be left out.This article looks at a few of the changes that are likely to be induced by the COVID-19 experience and how Nigerian businesses can adjust to the emerging realities.

Do have a great week!Sincerely,Oluchi Johnson-AchibiriCommunity Manager, msmehub.orgFATE Foundation1st Floor, Water Corporation BuildingIjora, Lagos

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