How does business recover from CV19? – What they are saying

A common theme I am reading for any business trying to phoenix back from corona virus is the relationship between the business leaders/owners and the staff. Many are saying the future for companies will be based on the trust between the employer and the employees. It will be this trust that will enable companies to source knowledge and ideas that will either differentiate them from their competitors or allow the company to improve its ROE (return on effort). Having a few good ideas will no longer cut it as many of these will be based on pre-covid-19 virus (CV19) models. Ideas will need to be uninhibited, dynamic and rapid. The “I know best” attitude will become the antithesis to gaining ground after the CV19 period, it will probably even be before that.

Another theme is to use this change in business dynamics and market to take or even make your own opportunities. Business will not be the same as it was, for a multitude of reasons, so waiting to see what happens will be a bad decision> some businesses are now in survival mode, they are in their death throws and there may be nothing they can do if they stay the same. It will not be a case of jumping on the band wagon and make masks, or hand sanitiser. Yes, they were good ideas at the time but after CV19 is gone something else needs to take its place.

And many are talking of the change in relationships, people will begin to be more aware of others, to help and to care what happens in their community (at least a lot more than before CV19). There is also a lot of conversations at all levels – including Govt – about the need to acknowledge those who actually carry and hold up the economic and social world we live in, the nurses, the teachers, the supply chain people as well as the emergency service personnel – all those who have been typically paid the least. It behoves humanity to look after all those who add so much value for so little compensation.

More, very valid and informative information and articles have been written. I have found the following great, some have been enlightening:

After coronavirus: ‘We can’t go back to business as usual’  https://www.theguardian.com/money/2020/apr/04/coronavirus-business-finance-work-property

Why companies need a role-based model in the Covid-19 paradigm
https://economictimes.indiatimes.com/jobs/why-companies-need-a-role-based-model-in-the-covid-19-paradigm/articleshow/75139253.cms

How To Reinvent Your Business To Thrive After The Coronavirus https://www.forbes.com/sites/tedladd/2020/03/26/how-to-reinvent-your-business-to-thrive-after-corona/#6b0675e043e2

How the Coronavirus Is Already Rewriting the Future of Business
https://hbswk.hbs.edu/item/how-the-coronavirus-is-already-rewriting-the-future-of-business

COVID-19: Implications for business
 https://www.mckinsey.com/business-functions/risk/our-insights/covid-19-implications-for-business

Coronavirus: your guide to winners and losers in the business world
https://theconversation.com/coronavirus-your-guide-to-winners-and-losers-in-the-business-world-134205

Finding the Hidden Business Opportunities Around the Coronavirus Pandemic
https://www.inc.com/david-finkel/finding-hidden-business-opportunities-around-coronavirus-pandemic.html

* Supply Chain Overview – A Generic interpretation

I have noticed over the years the term “Supply Chain” used in a number of different contexts.  Some of what I read had me pondering, thinking that the meaning may be morphing into something else, for example adverts for jobs looking for a Supply Chain Manager yet the role was traditionally a Purchasing Manager – based on the tasks allocated to the role.

It just appears that some have tried to keep up with the trends and used newer terms but in the wrong way, whether through misunderstanding or up-selling the role. Using the above example I could understand the job title being Supply Manager.

So I looked through my reading materials and across the web to see if someone had drafted an overview of the supply chain on a function bases, not systems or processes. The best, only one really, was found in a project for AUSTROADS  (AP-R150). The aim of Austroads was to improve knowledge and understanding of the freight industry and the customers it services.

I my attempt to get a clearer impression of how the current Supply Chain functions tie together I expanded the diagram published by Austroads. My amendments are based on industries I have had experience with including manufacturing, distribution, wholesale and MRO.

This, I believe is a good representation (Click PDF below) and can be validated by turning it into a real world application by just adding “Manager” after most of the functions shown.  This is the hierarchy I have seen in the majority of cases, although functions can be combined depending on the size of the company.

Over the top of this of cause, can be laid systems such as MRP, DRP, ERP, etc.

I would be interested to see if you have other options or configuration.

PDF: Supply Chain Overview diagram