cxo voice
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Business

Top 6 Things to do After the Lockdown: for SME and MSME Businesses

Agnelorajesh Athaide by Agnelorajesh Athaide
April 23, 2020
Business afater lockdown, SME, MSME, things to do

Image: Agnelorajesh Athaide

As the nation slowly gears up to return to normalcy amidst fear of economic and health crisis, businesses, especially SME’s and MSME’s are hopefully looking forward to government support, tax holiday, and several reforms that can help them make the transition better. While the solutions and possible government support in the near future sound promising, there remains a lot that things to be handled on the ground level for the business during and after lockdown. The COVID-19 crisis has impacted several areas of modern life and changed the very format of living and working.

However, like every situation, this crisis has also come with a silver lining, with accelerated acceptance of new-age technology in mainstream operations, a sense of solidarity in business and personal lives, and a spirit to overcome the challenges thrown to us, as a unified, global population. For businesses, especially SMEs and MSMEs, these challenges can seem detrimental and even fatal. However, if approached strategically, these can be overcome. It is important to understand and prioritize key points, as listed here, which can be helpful in a smooth and successful business transition, after the lockdown:

1. Customer engagement: 

The customer is one of the most essential stakeholders for any business and hence, engaging with your customers, immediately after the lockdown, is vital. From informing them about your company resuming operations and assuring them of your continuous partnership and service at best qualities to being open to provide customized services that will suit the current need of the customer in the post lockdown era, could be vitally important aspects of this engagement.

2. Human Resource Planning:

After the end customer, employees are the second most vital asset for an organization, and thus effective HR planning is important. From re-assigning roles and restructuring teams to offering WFH options etc. that can lead to both employee satisfaction and enhance their performance, can go a long way in building up a supportive business ecosystem.

3. Stakeholder engagement:

Re-evaluating marketing and communication campaigns such that it is relevant to the post lockdown era, is vital in the overall success of the business. From employees and consumers to investors, vendors and partners, it is important to inform and assure them of the reopening of office/ services and, work closely with them to create solutions that offer a mutually beneficial work environment.

4. Financial planning:

Economic crisis, at the global and national level, is one of the most feared and anticipated impacts of the COVID_19 pandemic. Just as the marketing and HR re-structuring, it is important to analyse the financial health of the company and re-evaluate the future plans for the business. These may involve selling off stakes or reducing employee salaries, cutting down on credit and repayment of debts etc. can help boost financial immunity for the company.

ADVERTISEMENT

5. Operational readiness:

Resuming work after more than a month of lockdown could be a task from the operations point of view, especially considering the new, post COVID-19 scenario, where most ancillary business may or may not be operational to full potential. Ensuring agile and productive operational systems is another vital take way from the COVID-19 pandemic and the learnings/ challenges of this lockdown should be effectively used to ensure future preparedness and smooth functioning post lockdown. Creating a relevant and robust operational plan is important to ensure the re-structured HR and stakeholder engagement initiatives are aptly backed through efficient operations and delivery of goods/ service, so as to maintain the good faith and credibility among clients.

6. Technology up-gradation:

A valuable take away from the pandemic is the significance of technology in modern business. Irrespective of the size of the business, it is important to create an agile, relevant and robust technology-based ecosystem to operate efficiently after the lockdown. Introducing newer systems and processes that leverage the best in modern technology, can go a long way in fortifying your business from the impact of a potential crisis in the future, while helping you move ahead of the competition, after the lockdown.

Disclaimer: Author of this article is Agnelorajesh Athaide, Views expressed in this article are his own


  • Working from home: lessons to maintain leadership during the lockdown
  • Four Factors will help Sales Operations Leaders to Mitigate COVID-19 Impact
  • Tools For the Employees to Boost their Productivity While Working Remotely

Agnelorajesh Athaide

Agnelorajesh Athaide

Agnelorajesh Athaide is a Serial & Social Entrepreneur, Real Estate Developer, Global Citizen, Educationist, Angel Investor, and Motivational Speaker. Mr. Athaide Co-established established Business Opportunities Club (BOC) for entrepreneurs to learn and grow.

Related Posts

Venu Lambu
People

Debashis Chatterjee Retires as LTIMindtree CEO; Venu Lambu Appointed as Successor

May 30, 2025
Lenovo and Motorola FIFA Club World Cup 2025
Press Release

Lenovo and Motorola announce partnership with FIFA Club World Cup 2025™

May 30, 2025
Dora Liu Deloitte
People

Dora Liu Appointed CEO of Deloitte China, Set to Advance Growth with ‘1-2-3 Strategy’

May 30, 2025
Salesforce Amsterdam
Business

Salesforce Expands European Presence with New Amsterdam Office

May 30, 2025
Kore.ai
Business

Kore.ai Partners with AWS to Transform Customer Experiences with Integrated AI Solutions

May 28, 2025
Antony Cahill Visa
People

Antony Cahill Set to Lead Visa’s European Operations as Charlotte Hogg Departs for New Opportunity

May 27, 2025
Press Release

Coforge and Nylas Partner to Revolutionize Salesforce Customer Scheduling and Communication

May 27, 2025
Vietnam Airlines and FPT
Business

Vietnam Airlines and FPT Forge Strategic Partnership to Elevate Customer Experience Through Advanced Technology

May 23, 2025
Load More
Please login to join discussion
ADVERTISEMENT

Latest Updates

Venu Lambu

Debashis Chatterjee Retires as LTIMindtree CEO; Venu Lambu Appointed as Successor

by Deepa Sharma
1 day ago

Lenovo and Motorola FIFA Club World Cup 2025

Lenovo and Motorola announce partnership with FIFA Club World Cup 2025™

by News Desk
2 days ago

Dora Liu Deloitte

Dora Liu Appointed CEO of Deloitte China, Set to Advance Growth with ‘1-2-3 Strategy’

by Deepa Sharma
2 days ago

Salesforce Amsterdam

Salesforce Expands European Presence with New Amsterdam Office

by Deepa Sharma
2 days ago

Kore.ai

Kore.ai Partners with AWS to Transform Customer Experiences with Integrated AI Solutions

by Deepa Sharma
4 days ago

Antony Cahill Visa

Antony Cahill Set to Lead Visa’s European Operations as Charlotte Hogg Departs for New Opportunity

by Deepa Sharma
5 days ago

Expert Views

Opinion

When AI Empowers Both Networks and Hackers: The New Battlefield for India’s Telecoms

May 20, 2025
Molly Sands AI
AI

AI RIP: 5 Things Knowledge Workers Will Say ‘Sayonara’ to in the Next Decade

March 8, 2025
multi cloud
Cloud

Multi-Cloud Made Simple: Strategies for Smart Business Management

March 5, 2025
Soft Skills
Opinion

Soft Skills and Technical Know-How: A Winning Combination in the Tech Industry

March 4, 2025
Digital Freedom
Cyber Security

Your Data, Their Gold: The Silent Battle for Digital Freedom

February 25, 2025

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Interviews

Steve Wilson, GenAI Cybersecurity LLMs
Cyber Security

How effective is GenAI in cybersecurity? The role of LLMs and AI in security solutions. [Interview with Steve Wilson]

-
Interview on Counterfeit products with Nikhil Narayan
Leaders Talk

Advancements in ML & AI made it possible to detect counterfeit products in real-time, says Nikhil Narayan

-
Newgenone bridges the gap between business users and IT teams with its low code capability: Varun Goswami
Leaders Talk

Newgenone bridges the gap between business users and IT teams with its low code capability: Varun Goswami

-
AI chatbots, Prasanna-Kumar
Leaders Talk

Can AI chatbots enhance customer experience and reduce the cost of serving customers?

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

CXOVoice.com is a leading online publication for CXOs, entrepreneurs, senior leaders, developers, and industry professionals. Our coverage spans key sectors, including IT, technology, banking, finance, cybersecurity, engineering, and automobiles.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]
  • Home
  • About Us
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

Copyright © 2025 CXOVoice - All Right Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release

Copyright © 2025 CXOVoice - All Right Reserved