Oppotunities From COVID-19 Crisis
"An ashes of the times ,falling on a person' s head , is a mountain."
At the beginning of 2020, the sudden epidemic caused many companies preparing to start a new year to get into trouble. Their business plans were disrupted. Business interruptions led to a sharp increase in financial pressure. Some companies have begun to dismiss employees and even liquidated. For the manufacturing industry, unstable demand, rising personnel costs, changes in international trade, and disordered supply chains will bring many difficulties.
How small and medium-sized enterprises should survive this difficult year has become an unavoidable topic in the field of public opinion.In order to reduce the burden and reduce the pressure on small and medium-sized enterprises, the central and local governments have successively issued relevant policies, such as rent reduction, tax deferral, social security payment, unemployment insurance reimbursement, financing cost reduction, and credit line. There was a good cry.
I can't help but ask myself: Is this enough? Most of the above policies are for external reasons. Small and medium-sized enterprises should exert their strength from internal reasons, and should think deeply about how to save themselves and make blood!
"We can't count on preferential policies to give the company a healthy body, we must save ourselves"
On February 17, Bond, general manager of COVNA, spoke at the second postponed resume meeting. Subsequently, Bond deployed corporate self-help and hematopoietic measures with three "strong" words.
Strong Confidence
At the first moment when the epidemic occurred, the company's "morale" was first taken care of. Bond's concem and implementation of employee protection work, shares employees the fate of the enterprise; secondly, the emergency management mechanism was launched to mobilize and psychologically mobilize the employees; the protection regulations and operation regulations were issued to ensure the safety of the employees' operations; the emergency material procurement and allocation were initiated to ensure comprehensive protection and elimination. In the end, the company also made the promise of "no fear, no retreat, no chaos, no salary reduction, no layoffs, no abandonment", so that all the people in COVNA were greatly invigorated and confident.
Strong Business
"Compared with direct subsidies from the government, the way to stimulate the enterprise's" hematopoietic " vitality is to take orders and take more orders to feed itself!" Bond pointed out: "The operating income at this time can usually account for more than 40% of the whole year.But now it is less than 10%, and we have to work hard to get more orders, get orders back through our services. " So, on the order of working online, such as online sales, live broadcast platform, old customer project teams have come out.As customers in domestic and abroad seeing that we were wearing masks to show people, our office and shipments were well organized, confidence was doubled, and valve orders naturally increased steadily.
Strong Flexibility
"I have melt blown cloth, and who has a mask machine?"
... I have!
"The production of mask machines is Inseparable from automated valves!" ... COVNA,go!
China built a Raytheon Mountain hospita! in 10 days, and Shanghai Sanqiang built a protective clothing production line in 3 days. Foxconn, BYD, Youngor, Wuling and other companies have quickly started to produce masks ... This rapid transformation and transition ability shows the superb organization management ability, adaptability and ilntegration ability of these excellent companies, which are the embodiment of the wisdom and flexibility of contemporary Chinese enterprises.
After the outbreak of COVID-19, there was a severe shortage of anti-epidemic materials, including masks. Some companies with crossborder strength actively took advantage of their potential advantages and synergies, quickly transformed workshops, adjusted incentive mechanisms, and achieved cross-border conversion in a short time. The means of the market realize a win-win situation for society and enterprises.
The cross-border behavior of enterprises in a special period also contains many market factors. On the surface, the crossborder behavior of some enterprises is somewhat unexpected, but there are also careful business logic behind it. As a global automation equipmentservice provider, COVNA and its valve products are one of them.
Later, Bond said at the staff meeting: "The epidemic is a medical examination to check the health, management and resilience of the enterprise. Regardless of prosperity and adversity, the enterprise must rely on its own strength to take the initiative, break through the encirclement and find a way out. Only by finding a new development models, seizing new opportunities, and adjusting corporate strategies on the basis of the main business, can we derive new value-added services and achieve rapid development.
Under the epidemic, not all are "crisis", but also contain "opportunities". In the face of the decline in demand caused by the epidemic, we must strive to tap potential from within to reduce costs, flexibly adjust production and operation plans, develop online businesses, innovate business ideas, and spawn new formats and new vitality. So crisis can be turned into opportunities!
I can't help but ask myself: Is this enough? Most of the above policies are for external reasons. Small and medium-sized enterprises should exert their strength from internal reasons, and should think deeply about how to save themselves and make blood!
"We can't count on preferential policies to give the company a healthy body, we must save ourselves"
On February 17, Bond, general manager of COVNA, spoke at the second postponed resume meeting. Subsequently, Bond deployed corporate self-help and hematopoietic measures with three "strong" words.
Strong Confidence
At the first moment when the epidemic occurred, the company's "morale" was first taken care of. Bond's concem and implementation of employee protection work, shares employees the fate of the enterprise; secondly, the emergency management mechanism was launched to mobilize and psychologically mobilize the employees; the protection regulations and operation regulations were issued to ensure the safety of the employees' operations; the emergency material procurement and allocation were initiated to ensure comprehensive protection and elimination. In the end, the company also made the promise of "no fear, no retreat, no chaos, no salary reduction, no layoffs, no abandonment", so that all the people in COVNA were greatly invigorated and confident.
Strong Business
"Compared with direct subsidies from the government, the way to stimulate the enterprise's" hematopoietic " vitality is to take orders and take more orders to feed itself!" Bond pointed out: "The operating income at this time can usually account for more than 40% of the whole year.But now it is less than 10%, and we have to work hard to get more orders, get orders back through our services. " So, on the order of working online, such as online sales, live broadcast platform, old customer project teams have come out.As customers in domestic and abroad seeing that we were wearing masks to show people, our office and shipments were well organized, confidence was doubled, and valve orders naturally increased steadily.
Strong Flexibility
"I have melt blown cloth, and who has a mask machine?"
... I have!
"The production of mask machines is Inseparable from automated valves!" ... COVNA,go!
China built a Raytheon Mountain hospita! in 10 days, and Shanghai Sanqiang built a protective clothing production line in 3 days. Foxconn, BYD, Youngor, Wuling and other companies have quickly started to produce masks ... This rapid transformation and transition ability shows the superb organization management ability, adaptability and ilntegration ability of these excellent companies, which are the embodiment of the wisdom and flexibility of contemporary Chinese enterprises.
After the outbreak of COVID-19, there was a severe shortage of anti-epidemic materials, including masks. Some companies with crossborder strength actively took advantage of their potential advantages and synergies, quickly transformed workshops, adjusted incentive mechanisms, and achieved cross-border conversion in a short time. The means of the market realize a win-win situation for society and enterprises.
The cross-border behavior of enterprises in a special period also contains many market factors. On the surface, the crossborder behavior of some enterprises is somewhat unexpected, but there are also careful business logic behind it. As a global automation equipmentservice provider, COVNA and its valve products are one of them.
Later, Bond said at the staff meeting: "The epidemic is a medical examination to check the health, management and resilience of the enterprise. Regardless of prosperity and adversity, the enterprise must rely on its own strength to take the initiative, break through the encirclement and find a way out. Only by finding a new development models, seizing new opportunities, and adjusting corporate strategies on the basis of the main business, can we derive new value-added services and achieve rapid development.
Under the epidemic, not all are "crisis", but also contain "opportunities". In the face of the decline in demand caused by the epidemic, we must strive to tap potential from within to reduce costs, flexibly adjust production and operation plans, develop online businesses, innovate business ideas, and spawn new formats and new vitality. So crisis can be turned into opportunities!
I think that after this epidemic, the future COVNA will have more confidence and ability to face all difficulties and trials!
