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Welcome to the August issue of ValueNotes Connect.
Covid-19 has paralyzed businesses across economies. The number of positive cases has risen past 20 million, globally. Government-ordered shutdowns and stay-at-home orders have had a devastating impact on businesses – both, in terms of supply and demand. So how are business leaders addressing the mayhem caused by the pandemic?
A recent survey of senior executives at companies around the world found very similar reactions – regardless of company size or geographical location. The immediate and obvious response has been to cut costs and ensure liquidity, even while maintaining operations as best possible. The former has taken several forms especially laying off workers or cutting salaries, and slashing discretionary spends. Interestingly, more than half the companies surveyed have substantially reduced marketing spend in the last quarter. Here are some insights into actions and strategies to fight the Covid-19 crisis.
If you’d like to read more about the survey findings, you can download a summary of the report from our website. We’d love to hear your comments. Lastly, we’d like to thank all of you who participated in the survey and for sharing your valuable insights.
Best regards.
Insights into actions and strategies to fight the Covid-19 crisis
by Arun Jethmalani
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A recent survey of senior executives at companies around the world found very similar reactions – regardless of company size or geographical location. The immediate and obvious response has been to cut costs and ensure liquidity, even while maintaining operations as best possible. Cost cutting has taken several forms especially laying off workers or cutting salaries, and slashing discretionary spends. Interestingly, more than half the companies surveyed have substantially reduced marketing spend in the last quarter. |
Covid-19: Global Business Sentiment Survey
by Rohan Dholam
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The coronavirus knows no boundaries; it has impacted every corner of the world, sparing no economy. Companies across sectors are reeling under the strain of the virus, overwhelming business leaders. ValueNotes ran a survey, between June and July of 2020, to gather insights on how Covid-19 was impacting different industries across the globe. We invited senior executives to share the measures they were taking in response to the pandemic. |
- Covid-19: Global Business Sentiment Survey
Some client problems we have solved:
- Partner selection study for a US-based lighting manufacturer who was keen to leverage India as a source for its supply chain
- Competitor tracking for a global pump manufacturer to understand the outlook for their end-markets in the midst of the pandemic
- Opportunity assessment for process digitalization in the manufacturing sector
- Study on the urinalysis market in India
- Desk research to understand the customer segmentation of a global insurance provider
- Survey of SMEs to establish how their businesses and working capital were being impacted
| Do get in touch with us on email – research@valuenotes.co.in Or leave us a message using our online form |
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