Redeploying resources can be a business savior

Even with the crisis swirling, innovation can lead firms to prosper in previously unseen ways.


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  • | 7:00 a.m. April 10, 2020
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Almost every business is feeling a ripple effect due to the uncertainty around COVID-19. Many executives are being forced to make tough decisions, including what to do with their current staff as business activity slows or comes to a halt. 

Some businesses will have no choice but to move forward with layoffs or furloughs. Others might seek solutions to maintain staff, even if it means moving people to part-time or making salary cuts. If you are in this position, think about creatively redeploying your resources. Consider some of the following:

 

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