Coronavirus Disruption- How To Cope With It
                     Coronavirus Disruption- How To Cope With 
It?
    Anita Ray
Writer at Marvist consulting, 
Marvist offshore digital marketing for SMB 
clients is appreciable, has job openings especially 
Digital marketing jobs in hyderabad at Marvist.
The Covid-19 pandemic has adversely impacted business organizations in all sectors. 
Even big players have not been left untouched by the negative effects of the 
dreaded outbreak. The major challenge that is now confronting the businesses is 
how they adapt to the circumstances attributable to Coronavirus. Companies are 
necessitated to quickly modify their mode of operations, lest their survival in 
markets gets imperiled. The business community has to get acclimatized to the thing 
that is now termed as “the new normal.”
As an example, organizations need to adopt an entirely new approach towards 
budgeting, so that there is flexibility. And, this flexibility is crucial for addressing the 
financial angle, during contingencies.
These are a few steps that companies should actively consider if they want to 
successfully face the situations resulting from the pandemic.
Re-Evaluation Of Long-Term Strategies: Businesses must re-evaluate their long-term 
strategies. Returning to the new normal is not going to suffice. There are going to be 
some changes in the economy, to which the companies’ plans have to conform.
Readiness Assessment: Companies must carry out a readiness assessment where 
there is a comparison between specific templates and the best standards. This helps 
in prompt identification of issues that can get resolved fast. 
Plan Of Risk Management: In light of the prevalent scenario, there is every 
possibility that companies are exposed to many new risks. Therefore; it’s 
indispensable that organizations initiate a thorough risk assessment process. Only 
then will the businesses be able to recognize the threats and take the required 
remedial measures.  
Business Impact Analysis: The significance of a business impact analysis can never 
be overstated. This analysis enables companies to get aware of the exact elements 
of their business that are of utmost relevance to the overall operations. The findings 
assist in setting priorities while designing a business continuity plan.
Management Of Policies: This is the time when companies should update many of 
its policies. For instance, the policy of work-from-home now has to be reviewed and 
revised. For most of the employees, working from home has to be made a regular 
feature and not an option to be availed only occasionally.  
Incident Management: As this is the phase when numerous changes are happening 
everywhere, the element of incident management becomes much more significant 
for companies. Unlike the past, incident management can no longer be an isolated 
activity confined to one department. There needs to be a standardized mechanism 
covering the whole of the enterprise. It invariably must be ensured that the 
turnaround time is as low as possible for the escalations of concerns by employees.
Ability To Handle Emergencies: The pandemic has taught businesses about the 
value of being prepared to tackle emergencies. Organizations that do not properly 
plan things would become vulnerable in face of contingencies. Thus, business 
entities have to have an appropriate strategy, to make sure that they are not 
rendered helpless when any new crisis strikes.
There is no doubt that the Coronavirus pandemic has had a vastly negative impact 
globally on businesses. Many things taken for granted and considered unchangeable 
had to be modified to stay viable post the pandemic.  This event no doubt will be 
one of the biggest changes that have happened in the last 50 years in business.
About Marvist
Marvist Digital Marketing, a 14 years old premium company, has established a 
special niche for their high-end professional service to the small and medium 
enterprise market segments in US & UK. Over the years, Marvist served nearly 1000+ 
medium firms with its expertise and innovative approach that offered true economic 
value to the customers.
Thank you for your  time in reading this article!