Business owners and leaders should have their own template to help them adapt to a new world where competition is stiff while coping with the COVID pandemic, P&A Grant Thornton said Friday.

“Even if the impact of the COVID-19 pandemic varies across industry sectors and regions, it is no exaggeration to recognize that the struggle is real,” said P&A Grant Thornton chairperson and chief executive Marivic Españo.

The firm noted that with the emerging semblance of economic stability, organizations must be ready with the right strategy to outperform their industry peers.

Companies that adopt more quickly to the initial transition—and, eventually, to the new environment—would emerge stronger, it said.


As published in Manila Standard, dated 22 May 2020