There isn't a single leader or business category unchallenged by the coronavirus; scrambling hard against the extraordinary demands to lead their business and teams through this crisis. Small businesses are struggling to stay afloat while implementing safety measures to mitigate risk, protecting their people, family and community. Resist being blinded by the massive scale of the crisis and consider the following: when business resumes, and it will, you need employees (talent is a key asset of Family Entertainment and Attractions; hospitality, service and care makes THE difference to any business). So, consider ways to retain talent by cutting company costs without cutting staff.
The coronavirus (Covid-19 pandemic) will change the way we do business, the way FEC's operate - and Embed wants to help you lead the way so you can future-proof your business, today. Right now, in the eye of the storm, you're in a state-of-emergency, focused on your very survival. You're not alone. But, astute business people know the opportunity is right here and now, to work smart in the short term (purely tactical) while working on their biz plan (all strategy) and getting their operation ready for opening day, when the crazy-cooped-up homebound families come out and play. Ready to hustle? Let's go!
“Those who understand the changes in customer demand and react with speed and enthusiasm will emerge stronger than ever from the crisis.” said Hermann Simon, a business expert in strategy, marketing, and pricing. Take QuarterWorld, a Portland arcade, as an exceptional example of understanding the changes in customer demand and reacting swiftly. They pivoted their business in a mere 24-hours!