{"id":6610,"date":"2020-04-21T07:58:23","date_gmt":"2020-04-21T12:58:23","guid":{"rendered":"http:\/\/flevy.com\/blog\/?p=6610"},"modified":"2020-04-20T17:58:34","modified_gmt":"2020-04-20T22:58:34","slug":"the-post-pandemic-organization-does-covid-19-level-the-playing-field","status":"publish","type":"post","link":"https:\/\/flevy.com\/blog\/the-post-pandemic-organization-does-covid-19-level-the-playing-field\/","title":{"rendered":"The Post-pandemic Organization: Does COVID-19 Level the Playing Field?"},"content":{"rendered":"<div id=\"ember1779\" class=\"ember-view\">\n<div class=\"reader-article-content\" dir=\"ltr\">\n<p><img decoding=\"async\" class=\"alignright size-medium wp-image-6612\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/04\/pexels-photo-2007647-219x300.jpeg\" alt=\"\" width=\"219\" height=\"300\" srcset=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/04\/pexels-photo-2007647-219x300.jpeg 219w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/04\/pexels-photo-2007647.jpeg 500w\" sizes=\"(max-width: 219px) 100vw, 219px\" \/>In the post 9-11 world, we saw organizations focus on\u00a0<strong>Business Continuity<\/strong>. In the post-pandemic world, organizations will supplement Business Continuity with an emphasis on\u00a0<strong>Business Resilience<\/strong>. This distinction may seem subtle, but it&#8217;s actually substantial.<\/p>\n<p>After 9-11, organizations recognized the threat of unforeseen disasters and engaged in BC\/DR efforts. BC seeks to answer the question:\u00a0<em>in the event of a disruption, how do we continue operations?<\/em><\/p>\n<p>The COVID-19 pandemic has shown us that BC alone is not enough. Organizations need to become &#8220;Resilient.&#8221; Business Resilience seeks to also answer the more strategic question:\u00a0<em>in the event of a disruption, how do we continue to generate revenue?<\/em><\/p>\n<p>This change in question changes the fundamental nature of the issue from an operational to a strategic one. As a strategic issue, we must expand our scope beyond traditional continuity considerations. To be resilient, we need to evaluate the resiliency of our\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/business-model-design-bmodel\" target=\"_blank\" rel=\"nofollow noopener\">Business Model<\/a>,\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/value-proposition\" target=\"_blank\" rel=\"nofollow noopener\">Value Proposition<\/a>,\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/competitive-advantage\" target=\"_blank\" rel=\"nofollow noopener\">Competitive Advantage<\/a>, etc.<\/p>\n<p>For example, non-essential businesses have been shut down retail operations.\u00a0<em>Does their Business Model account for this change? Is their Value Proposition still attractive to customers? Does their Competitive Advantage still exist? Etc.<\/em><\/p>\n<p>A Resilient Organization seeks to\u00a0<u>ensure continuity of both strategy and operations<\/u>.<\/p>\n<p>Flevy has numerous best practice resources for\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/business-resilience\" target=\"_blank\" rel=\"nofollow noopener\">Business Continuity<\/a>\u00a0and\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/business-continuity-management\" target=\"_blank\" rel=\"nofollow noopener\">Business Resilience<\/a>:<\/p>\n<h2>Business Resilience<\/h2>\n<ul>\n<li><a href=\"https:\/\/flevy.com\/browse\/business-document\/adaptive-business-resilience-toolkit-4163\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Adaptive Business Resilience Toolkit<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/browse\/flevypro\/supply-chain-resilience-4147\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Supply Chain Resilience<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/browse\/business-document\/covid-19-financial-resilience-guide-4182\"><strong>Financial Resilience<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/browse\/flevypro\/team-resilience-4173\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Team Resilience<\/strong><\/a><\/li>\n<\/ul>\n<h2>Business Continuity<\/h2>\n<ul>\n<li><a href=\"https:\/\/flevy.com\/browse\/bundle\/complete-business-continuity-management-bcm-package-1495\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Complete Business Continuity Management (BCM) Package<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/browse\/business-document\/iso-223012012-bcms-awareness-training-2239\" target=\"_blank\" rel=\"nofollow noopener\"><strong>ISO 22301:2012 (BCMS) Awareness Training<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/browse\/business-document\/business-continuity-plan-bcp-template-1494\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Business Continuity Planning (BCP) Template<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/browse\/flevypro\/crisis-recovery-strategy-3024\"><strong>Crisis Recovery Strategy<\/strong><\/a><\/li>\n<\/ul>\n<p>We have also reached out to many of authors to ask them to develop materials related to these areas, so you can expect more materials in the coming months available on the\u00a0<a href=\"https:\/\/flevy.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Flevy Marketplace<\/a>.<\/p>\n<h2>Digital Transformation<\/h2>\n<p>We&#8217;ll notice, as organizations seek to develop Resiliency amidst the COVID-19 crisis, most will accelerate their\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/digital-transformation\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Digital Transformation<\/strong><\/a>\u00a0initiatives.<\/p>\n<figure id=\"attachment_6611\" aria-describedby=\"caption-attachment-6611\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-6611 size-large\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/04\/marketoonist_200413.transformation-1024x740.jpg\" alt=\"\" width=\"1024\" height=\"740\" srcset=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/04\/marketoonist_200413.transformation-1024x740.jpg 1024w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/04\/marketoonist_200413.transformation-300x217.jpg 300w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/04\/marketoonist_200413.transformation-768x555.jpg 768w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/04\/marketoonist_200413.transformation.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-6611\" class=\"wp-caption-text\">Credit: marketoonist.com<\/figcaption><\/figure>\n<\/div>\n<div class=\"slate-resizable-image-embed slate-image-embed__resize-full-width\"><\/div>\n<div class=\"reader-article-content\" dir=\"ltr\">\n<p>This is true for several reasons.<\/p>\n<p>First, all organizations will be focused on\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/cost-management\" target=\"_blank\" rel=\"nofollow noopener\">Cost Management<\/a>\u00a0efforts. One of the quickest and most impactful ways to reduce costs and increase efficiencies is via technology. Digital Transformation offers numerous solutions that drive these outcomes, most notably\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/robotic-process-automation\" target=\"_blank\" rel=\"nofollow noopener\">Robotic Process Automation (RPA)<\/a>.<\/p>\n<p>Secondly, right now the best available solution for containing COVID-19 is social distancing. This has resulted in a minimization of in-person activities. To survive, organizations must go digital! This includes offering digital solutions for both employees (e.g. Remote Work,\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/virtual-teams\" target=\"_blank\" rel=\"nofollow noopener\">Virtual Teams<\/a>, Enterprise Cloud, etc.) and customers (e.g. E-commerce, Social Media, Mobile Apps, etc.).<\/p>\n<p>Third, with every disruption, there exists opportunity. This pandemic will cause obvious and non-obvious changes to society.\u00a0Agile organizations need to anticipate and shape these changes through digital solutions.\u00a0We already are seeing a surge in certain digital technologies and verticals (e.g. video conferencing, telehealth, robotics, etc.). We should also expect new digital-enabled business models and verticals to emerge in the coming months.<\/p>\n<p>So, what should your organization be doing? If you have a Digital Transformation Program, it should be at the forefront of the corporate agenda and accelerated. If you haven&#8217;t yet formulated a\u00a0Digital Transformation Strategy, take a look at these frameworks to get started:<\/p>\n<ul>\n<li><a href=\"https:\/\/flevy.com\/browse\/business-document\/digital-transformation-strategy-2249\" target=\"_blank\" rel=\"nofollow noopener\">Digital Transformation Strategy<\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/browse\/business-document\/digital-transformation-integrated-business-ecosystems-3440\" target=\"_blank\" rel=\"nofollow noopener\">Digital Transformation: Integrated Business Ecosystems<\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/browse\/business-document\/a-comprehensive-guide-to-digital-transformation-2031\" target=\"_blank\" rel=\"nofollow noopener\">Comprehensive Guide to Digital Transformation<\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/browse\/flevypro\/six-building-blocks-of-digital-transformation-2789\" target=\"_blank\" rel=\"nofollow noopener\">6 Building Blocks of Digital Transformation<\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/browse\/business-document\/the-7-laws-of-successful-digital-transformation-and-growth-3345\" target=\"_blank\" rel=\"nofollow noopener\">7 Laws of Successful Digital Transformation and Growth<\/a><\/li>\n<\/ul>\n<p>As you are probably well aware, we have a plethora of other Digital Transformation resources, which run the gamut from\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/artificial-intelligence\" target=\"_blank\" rel=\"nofollow noopener\">AI<\/a>\u00a0to\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/blockchain\" target=\"_blank\" rel=\"nofollow noopener\">Blockchain<\/a>\u00a0to\u00a0<a href=\"https:\/\/flevy.com\/business-toolkit\/analytics\" target=\"_blank\" rel=\"nofollow noopener\">Analytics<\/a>. Our most holistic offering on Digital Transformation is a bundle of\u00a0<u>55 best practice frameworks<\/u>, our\u00a0<a href=\"https:\/\/flevy.com\/browse\/stream\/digital-transformation\" target=\"_blank\" rel=\"nofollow noopener\">Digital Transformation Stream<\/a>.<\/p>\n<p>As a final remark on COVID-19, we are living in uncertain, unstable, and unprecedented times. In such times, it is important to obtain accurate information to make informed decisions. I hope you&#8217;ve found this article helpful.\u00a0<em>What other information would be most helpful right now? What questions do you have? What tools do you need?<\/em>\u00a0We want to provide information and resources that are the most important to you.<\/p>\n<p>If you have any questions or things you want to discuss, please don&#8217;t hesitate to contact me. I will try to publish more content related to managing through this crisis. If you missed it, earlier this month I published an article on the\u00a0<a href=\"https:\/\/www.linkedin.com\/pulse\/survive-covid-19-we-need-manage-3-cs-costs-capital-cash-david-tang\/\" target=\"_blank\" rel=\"noopener\">3 Cs of managing through the COVID-19 crisis<\/a>. Flevy also published a complimentary\u00a0<a href=\"https:\/\/flevy.com\/download\/coronavirus-impact-implications-and-immediate-actions-207\" target=\"_blank\" rel=\"nofollow noopener\">presentation on the business impact of COVID-19<\/a>.<\/p>\n<p>For even more best practice topics on dealing with the Coronavirus outbreak, check out this page:\u00a0<a href=\"https:\/\/flevy.com\/coronavirus\/resources\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/flevy.com\/coronavirus\/resources<\/a>.<\/p>\n<p>If any of your friends or colleagues may find this article useful, please share this with them.<\/p>\n<p>As always, thank you for reading. Wishing everyone and their loved ones health, safety, and comfort through this crisis!<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the post 9-11 world, we saw organizations focus on\u00a0Business Continuity. In the post-pandemic world, organizations will supplement Business Continuity with an emphasis on\u00a0Business Resilience. This distinction may seem subtle, but it&#8217;s actually substantial. After 9-11, organizations recognized the threat of unforeseen disasters and engaged in BC\/DR efforts. BC seeks to answer the question:\u00a0in the&hellip;&nbsp;<a href=\"https:\/\/flevy.com\/blog\/the-post-pandemic-organization-does-covid-19-level-the-playing-field\/\" rel=\"bookmark\"><span class=\"screen-reader-text\">The Post-pandemic Organization: Does COVID-19 Level the Playing Field?<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":6612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[84,82,81],"tags":[264,1987,1984,1983,917,1015,1988],"class_list":["post-6610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information-technology","category-operations","category-strategy","tag-business-continuity","tag-business-resilience","tag-coronavirus","tag-covid-19","tag-digital-transformation","tag-disruption","tag-pandemic"],"_links":{"self":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/6610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/comments?post=6610"}],"version-history":[{"count":2,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/6610\/revisions"}],"predecessor-version":[{"id":6617,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/6610\/revisions\/6617"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media\/6612"}],"wp:attachment":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media?parent=6610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/categories?post=6610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/tags?post=6610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}