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Expect recovery speed specific to your sector

Posted: Mon Apr 21, 2025 8:19 am
by shukla7789
recovery management business sectorAs you might expect, the speed of recovery varies across industries. This means a sector-specific approach —or even a department-specific approach—is required for larger businesses.

For example, a major Chinese food conglomerate took advantage of the crisis to accelerate its long-term product line afghanistan mobile database plan to include more health and imported products.


Be on the lookout for opportunities
crisis management opportunitiesAlthough the crisis has impacted all sectors in China, at a more granular level, demand has increased in certain specific areas. This includes, among others, the e-commerce sector (both B2C and B2B), remote meeting services, social media, hygiene products, health insurance , etc. All these sectors of activity have not hesitated to respond quickly to this increase in demand.

For example, Kuaishou, a social video platform, took advantage of the situation to promote its online education offerings to schools and universities. This allowed it to collaborate with the Ministry of Education to make a national online curriculum available to all students.


Tailor your recovery plan by geographic area
crisis management recovery planRegional public health measures, epidemic dynamics, and administrative decisions will shape economic recovery differently across a country, and likely not in line with your company's geographic structure. That's why it's essential to have a flexible approach to managing your business recovery .

For example, a leading Chinese dairy company developed a recovery plan for its distribution chain and sales force rehabilitation based on regional economic recovery dynamics. Its marketing activities and budget allocation were also continually adjusted to the speed of economic recovery in various Chinese regions.