3 Tips To Manage A Startup Business Post-COVID
July 13, 2021
What are the tips to manage a startup business post-COVID?
- Communicate plans clearly
- Prioritize employee safety
- Rethink processes for flexibility
The coronavirus has undoubtedly impacted all businesses across the world, especially for startups. It led to several financial, logistic, and employee lay-off problems. Fortunately, there is a light at the end of the tunnel as vaccines continue to be rolled out and economies start to recover. In this article, we delve deeper into the tips to manage a startup business post-COVID.
Taking the time to plan for your team’s return to work thoroughly is the key to leveraging on the lessons from the pandemic and managing your startup more effectively during this unique transitioning phase. The pandemic has created an unprecedented opportunity to rethink how to manage startups. Leaders need to go beyond creating a physically safe workplace because there is also a need to consider the broad spectrum of employees’ needs now.
Continue reading this guide as we’ve listed the best tips to manage your startup business post-COVID. This will chart a path toward agile and resilient startup operations moving forward.
Communicate Plans Clearly
Many businesses have already begun planning for their return to work. In fact, some firms have even started operating in physical offices at a modified level. During the post-COVID era, what’s important is that you clearly communicate what the team can expect when you return to the office.
As a leader, you have to determine whether you will return to a business-as-usual scenario or have a hybrid work setup. At its most basic, a company that has a hybrid work setup has employees working both in-office and remotely.
Discuss if desk and seating arrangements have been adjusted, time in and time out methods have been changed, or if there are health protocols to be observed before entering the office. All these details should be clearly communicated in advance to align each employee and promote a sense of community. If there is one thing businesses learned during the pandemic, it’s the importance of clear communication regardless of who is directly or indirectly impacted.
Prioritize Employee Safety
In a post-COVID era, there will still be a fair share of fear among people regarding potential coronavirus resurgences. As a startup owner, you must define the conditions that will ensure a safe reopening of your operations.
Aside from considering conventional health protocols (i.e., wearing face masks, washing of hands regularly, temperature checks), there are other things to consider. Think about whether you will roll out a company-wide vaccination plan for the safety of your team or whether you are to test everyone regularly before they start working.
Prioritizing employee safety is the key to gaining their trust and decreasing stress levels or hostility in the work environment.
Rethink Processes For Flexibility
There is still change and uncertainty ahead as every startup navigates the post-pandemic environment together. Today’s leaders should be ready to adapt to those uncertainties. One of the main reasons why many companies failed to protect their businesses during the pandemic is because they were not agile enough to sudden changes.
During the pandemic, numerous ineffective and inefficient processes were revealed among all kinds of businesses. For example, many startups realized they needed to be flexible in adapting to changing consumer habits to avoid revenue problems. A strong online marketing strategy was also seen as a helpful way to bolster new businesses during unprecedented times.
That being said, startups must gather information and insights by reaching out to key stakeholders (i.e., customers, employees, etc.) and getting their feedback on what worked during the pandemic and what can be applicable for future operations. After gathering feedback, identify opportunities to create better policies and processes.
The pandemic has led to numerous negative effects for business operations, especially for startups. As the economy starts to recover, you can follow some of these tips to manage a startup business post-COVID. Post-COVID is a time to protect the core business and pivot to new opportunities with all your employees on board and aligned.
Need more expert advice on developing your startup business strategy? Click here to contact Benito Keh! As one of the most prolific entrepreneurs in the Philippines, he can offer insightful solutions and answer your questions for growing your business in a post-COVID era.