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Beyond COVID Business Playbook
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Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

Aug 12, 2020

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Page 1: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

Beyond COVID

Business Playbook

Page 2: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Introduction

Survey Results

A Scenario Planning Approach

Introduction to the Playbook

Way Forward

Closeout

Agenda

Page 3: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Introduction

Survey Results

A Scenario Planning Approach

Introduction to the Playbook

Way Forward

Closeout

Agenda

Page 4: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Survey Results: Respondents

Large Business, 17%

Medium-sized Business, 25%

Small to Micro Business, 37%

Public Sector Organisation,

10%

Not for Profit Organisation,

12%

Page 5: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Survey Results: Business Status

Operating with increased capacity, 4% Closed

temporarily, 6%

Closed permanently, 1%

Business as usual, 34%Operating under

reduced capacity, 55%

Page 6: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Survey Results: Business Status

36%

31%30%

29%

35%

3% 2% 1%3%

6%

3%4%

9%

59%

55%

63%

67%

50%

6%

3%5%

0%

10%

20%

30%

40%

50%

60%

70%

Large Medium NonProfit

PublicSector

Small toMicro

Large Medium Small toMicro

Large Medium NonProfit

PublicSector

Small toMicro

Large Medium NonProfit

PublicSector

Small toMicro

Medium NonProfit

Small toMicro

Business as usual Closed permanently Closed temporarily Operating under reduced capacity Operating with increasedcapacity

Business as Usual Closed TemporarilyOperating with

Increased CapacityClosed

PermanentlyOperating Under Reduced

Capacity

Page 7: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Survey Results: Revenue Impact

21%

13%

37%

22%

6%

2%

0%

5%

10%

15%

20%

25%

30%

35%

40%

More than50% lower

Up to 50%lower

Up to 20%lower

No change Up to 20%higher

More than20% higher

Page 8: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Survey Results: Revenue Impact

5%

13%

27%

10%8%

19%

7%

20%

43%

38%

47%

50%

38%

25%

13%

8% 6% 7%

20%

0%

10%

20%

30%

40%

50%

60%

Fin

anci

al S

ervi

ces

ICT

Man

ufa

ctu

rin

g

Ret

ail

Fin

anci

al S

ervi

ces

ICT

Man

ufa

ctu

rin

g

Ret

ail

Fin

anci

al S

ervi

ces

ICT

Man

ufa

ctu

rin

g

Ret

ail

Fin

anci

al S

ervi

ces

ICT

Man

ufa

ctu

rin

g

Fin

anci

al S

ervi

ces

ICT

Man

ufa

ctu

rin

g

Ret

ail

More than 50% lower Up to 50% lower Up to 20% lower No change Up to 20% higherMore than 50% Lower Up to 20% Lower Up to 20% HigherUp to 50% Lower No Change

Page 9: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Survey Results: Outlook

1%

26%

56%

14%

3%

0%

10%

20%

30%

40%

50%

60%

Less than 1 year 1 year to 2 years 3 to 5 years 6 years to 10years

More than 10years

Page 10: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Agenda

Introduction

Survey Results

A Scenario Planning Approach

Introduction to the Playbook

Way Forward

Closeout

Page 11: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

The processfor thinking the

future

A Scenario Planning Approach

Page 12: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

The 6 Giants

Page 13: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

The 5 Elements of Strategic Thinking

Page 14: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

Global

Recession

New Balls PleaseHard Times

Forked Lightning UV

Continued

Global

Growth

One World

Divided World

Rapid uptake of

new technology

Covid-19

camel’s

straw

Collaborative global view through WHO,

UN and others

Economic

collapse/strainNo global view, each country for themselves -increased protectionism and geopolitical tension

Global Scenarios AC

Page 15: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

• Duration of lockdown phases

• Degree of collaboration between business and government

• Quality of communication from the government

• Degree of collaboration between political parties

Economic

Climate

Negative

Nkosi Sikelel' iAfrikaSolidarity Fund

Freefall Mind the Gap

Economic

Climate

Positive

Social Cohesion High

Social Cohesion Low

Current

Position [V or U][L] [W]

South African Scenarios AC – next 18 months: Flags

Page 16: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

• Tourism and leisure

• Aviation and maritime

• Automotive

• Construction and real estate

• Manufacturing (non essential)

• Financial services

• Education

• Oil and gas

• Agriculture

• e-Commerce

• ICT

• Personal and healthcare

• Food processing and retail (essentials)

• Medical supply and services

Industries impacted by Covid-19

Page 17: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Agenda

Introduction

Survey Results

A Scenario Planning Approach

Introduction to the Playbook

Way Forward

Closeout

Page 18: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

The Beyond COVID Playbook

“a set of rules or suggestions that are considered to be suitable for a particular activity, industry, or job”

[Cambridge Dictionary]

“1 : one or more plays in book form

2 : a notebook containing diagrammed football plays”

[Mirriam Webster Dictionary]

Page 19: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

The Beyond COVID Playbook

Impact Response

Page 20: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Impacts

Macro Environment Micro Environment

Number of Cases

Healthcare Capacity

Govt. Restrictions

Govt. Response

Deaths

People Needs

People Behaviours

Business Circumstances

Business Climate

SocialClimate

Demand

Staff Availability

Access to Inputs

Access to Cash

Page 21: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Locating the Impacts

MA

RK

ET

CH

AN

NE

LO

FF

ER

ING

YO

UR

OR

GA

NIS

AT

ION

SU

PP

LY

EN

VIR

ON

ME

NT E

NA

BL

EM

EN

T

EN

VIR

ON

ME

NT

Business Clients

Consumers

Retailers

Merchandisers

Wholesalers Logi

stic

s

Direct

Product

Price Service

Vision/ Strategy/ Goals

Capital

Physical Footprint/ Infrastructure

People SystemsOperations

USP

Suppliers of Goods

Suppliers of Services Industry

Associations

Professional Bodies

Go

vt.

Lab

ou

r

….

Page 22: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Impact: DemandBusiness Model

Impact Driver

MA

RK

ET

CH

AN

NE

LO

FF

ER

ING

YO

UR

OR

GA

NIS

AT

ION

Business Clients

Consumers

Retailers

Merchandisers

Wholesalers

Logi

stic

s

Direct

Product

Price Service

Vision/ Strategy/ Goals

Capital

Physical Footprint/ Infrastructure

People SystemsOperations

USP

SU

PP

LY

EN

VIR

ON

ME

NT E

NA

BL

EM

EN

T

EN

VIR

ON

ME

NT

Suppliers of Goods

Suppliers of Services Industry

Associations

Professional Bodies

Go

vt.

Lab

ou

r

….

De

man

d

Consumer Buying Behaviours

ConsumerIncome

Consumer Needs

OrganisationNeeds

OrganisationCashflow

Page 23: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Impact: Employee Availability

MA

RK

E

T

CH

AN

NE

LO

FF

ER

ING

YO

UR

OR

GA

NIS

AT

ION

Business Clients

Consumers

Retailers

Merchandisers

Wholesalers

Logi

stic

s

Direct

Product

Price Service

Vision/ Strategy/ Goals

Capital

Physical Footprint/ Infrastructure

People SystemsOperations

USP

SU

PP

LY

EN

VIR

ON

ME

NT E

NA

BL

EM

EN

T

EN

VIR

ON

ME

NT

Suppliers of Goods

Suppliers of Services

Industry Associations

Professional Bodies

Go

vt.

Lab

ou

r

….

Leaves of Absence/ Death

Retrenchments

Government Restrictions

Workplace Infections

Business Closures

Emp

loye

e A

vaila

bili

ty

Business ModelImpact Driver

Page 24: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Impacts

Macro Environment Micro Environment

Number of Cases

Healthcare Capacity

Govt. Restrictions

Govt. Response

Deaths

People Needs

People Behaviours

Business Circumstances

Business Climate

SocialClimate

Demand

Staff Availability

Access to Inputs

Access to Cash

Page 25: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Drivers of Impact

- +

Demand

Capacity

+

-

• Availability of Your Employees• Your Access to Inputs• Your Access to Cash

Demand for YourProducts &

Services

Page 26: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Impact Scenarios

Demand for Your Products & Services

Your Capacity

Everything’s Rosy

MissedOpportunities

DarkClouds

All DressedUp

Page 27: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9 Demand for Your Products & Services

Your Capacity

Everything’s Rosy

MissedOpportunities

Dark Clouds

AllDressed Up

Organisation Level Impact Scenarios

Page 28: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Product Level Impact Scenarios

Demand for Your Products & Services

Your Capacity

Everything’s Rosy

MissedOpportunities

DarkClouds

AllDressed Up

Page 29: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Large MediumSmall to

MicroPublic Sector

Not for Profit

Growth

• Product Diversification 48% 34% 55% 20% 39%

• Market Diversification 42% 23% 47% 20% 29%

• Acquisition 9% 15% 3% 4%

Alternative Distribution

• eCommerce 42% 24% 26% 20% 25%

Rationalisation

• Cost Reduction 67% 74% 45% 35% 50%

• Business Rationalisation 18% 27% 17% 5% 7%

Unconventional

• Dynamic Capacity Planning 33% 15% 10% 20% 18%

• Creative Partnering 39% 35% 46% 25% 36%

Strategic Responses

Page 30: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Strategic Responses: Everything’s Rosy

MA

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GA

NIS

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Business Clients Consumers

Retailers

Merchandisers

Wholesalers

Logi

stic

s

Direct

Product

Price Service

Vision/ Strategy/ Goals

Capital

Physical Footprint/ Infrastructure

People SystemsOperations

USP

SU

PP

LY

EN

VIR

ON

ME

NT E

NA

BL

EM

EN

T

EN

VIR

ON

ME

NT

Suppliers of Goods

Suppliers of Services

Industry Associations

Professional Bodies

Go

vt.

Lab

ou

r

….

• Market Research (27%)

• Market Diversification (27%)

• Customer Analysis (18%)

• Product Diversification (36%)

Page 31: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Strategic Responses: Everything’s Rosy

MA

RK

ET

CH

AN

NE

LO

FF

ER

ING

YO

UR

OR

GA

NIS

AT

ION

Business Clients

Consumers

Retailers

Merchandisers

Wholesalers

Logi

stic

s

Direct

Product

Price Service

Vision/ Strategy/ Goals

Capital

Physical Footprint/ Infrastructure

People SystemsOperations

USP

SU

PP

LY

EN

VIR

ON

ME

NT E

NA

BL

EM

EN

T

EN

VIR

ON

ME

NT

Suppliers of Goods

Suppliers of Services

Industry Associations

Professional Bodies

Go

vt.

Lab

ou

r

….

• Remote working optimisation (45%)

• Organisational restructure (27%)

• COVID19-specific OHS (18%)

• Dynamic Capacity Planning (45%)

• Cost Reduction (45%)

Page 32: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Strategic Responses: Everything’s Rosy

MA

RK

ET

CH

AN

NE

LO

FF

ER

ING

YO

UR

OR

GA

NIS

AT

ION

Business Clients

Consumers

Retailers

Merchandisers

Wholesalers

Logi

stic

s

Direct

Product

Price Service

Vision/ Strategy/ Goals

Capital

Physical Footprint/ Infrastructure

People SystemsOperations

USP

SU

PP

LY

EN

VIR

ON

ME

NT E

NA

BL

EM

EN

T

EN

VIR

ON

ME

NT

Suppliers of Goods

Suppliers of Services

Industry Associations

Professional Bodies

Go

vt.

Lab

ou

r

….

• Competitive Research (18%)

• Creative Partnering (36%)

Page 33: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Strategic Choices

The Easier Choices• Remote Working vs. @theOffice

• Pause/Speed up the Strategy

The Defining Strategic Choices• Wait and See

• Crystal Gazing

• Horses for Courses

• One-size Fits Me

Page 34: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Way Forward

ww

w.B

eyo

nd

CO

VID

.co

.za

How to Contribute?

• The Beyond COVID Survey

• Beyond COVID Interviews

• Beyond COVID Think Tank

Resources for Strategic Scenario-based Planning?

• The Beyond COVID Playbook

• Sector/ organisation-specific Insights

• Starting the Strategic Conversation

Page 35: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Q&A Session

Page 36: Beyond COVID Business Playbook...•Creative Partnering 39% 35% 46% 25% 36% Strategic Responses #BetterDirectors #WebinarWednesdays #BB@9 Strategic Responses: Everything’s Rosy ET

#BetterDirectors#WebinarWednesdays#BB@9

Thank you for joining us for today's webinar.

Lings Naidoo via LinkedIn or [email protected]

Chantell Ilbury via LinkedIn or [email protected]

Please complete the IoDSA Event Satisfaction Survey at the end of this webinar or from the QR code here: