What should businesses do when things return to normal?
MANILA, Philippines – The economic recovery in the Philippines is underway as the government ordered more relaxed restrictions under Alert Level 1 in Metro Manila. Since most people were already vaccinated, daily cases of COVID-19 remain low. However, the government has kept COVID-19 prevention measures to a minimum, such as social distancing, adequate ventilation, mandatory use of face masks, and proof of vaccination if needed to move around.
As a result, businesses are back in full swing and most companies are already requiring their employees to return to their offices. Public transport has also returned to 100% capacity, allowing more seating for commuters.
Most schools have launched a pilot race for face-to-face lessons and local tourism is already open. Experts have expressed confidence that this will help boost the Philippine economy.
“We have waited a long time for our economy to reopen and for most businesses to get back on track. Now is the time to recover what has been lost and capitalize on the lessons learned,” said AMTI EVP for Technology, sales and marketing Bong M. Paloma. AMTI is a catalyst for digital transformation and one of the most diverse ICT companies in the Philippines.
“Businesses should have a game plan to prepare for what comes next, whether we remain at Alert Level 1 or go through another strict lockdown due to a new variant of COVID-19. No one could predict. the next phase of this pandemic. But two years is a long time and we’ve managed to stay afloat and we’ve all learned to adapt. Now is the best time to move forward and always be prepared.” , he added.
Hybrid working, investing in technology
Some experts said one way to keep the economy going was to get people back into the office. Although most companies support flexible and alternative work arrangements based on company functions, such a practice is an excellent way to reduce individual health risks.
But there is no denying that the imposed work-from-home scheme has favored most workers and has become a determining factor in deciding which job offer to accept. Today, some companies are implementing hybrid working or flexible working hours.
“If a business can operate in a hybrid setup, then we should have no doubts about doing so – modern workers prefer the hybrid setup. While hybrid isn’t for everyone, it should be the way to go for most businesses,” Paloma explained.
Hybrid has its benefits: reducing office clutter, creating a safer workspace, access to talent across locations, flexible work opportunities, recovering lost employee time and productivity by due to traffic and many others.
To succeed in a hybrid work setup, companies need to invest in technology. Additionally, employers need to provide their employees with devices that meet the flexibility and emerging demands of the business. Additionally, they should also modernize their IT systems to make them scalable, secure, and flexible to provide better accessibility to their distributed workforce.
Omulti-channel approach, e-commerce and digital services
According to data, the Philippines has 76.01 million internet users and 92.05 million social media users as of January 2022. The Philippine online landscape has grown since online channels have become people’s leisure spots in quarantine. As a result, e-commerce and online services have also grown to reflect these growing online consumers.
Today, more and more people prefer a cashless experience; thus, e-wallet businesses, online banking and digital payments have increased. For businesses that missed this, it causes their demise, leading to closures or bankruptcies.
Today, many brick-and-mortar businesses are reopening and this may be a great opportunity to leverage the best of both worlds: offline and online services. Similar to the continued growth of online users, the shift in consumer behavior is here to stay.
People now prefer the convenience and contactless experience to in-person retail sales. Businesses must rise to this challenge and innovate to survive commercial uncertainties.
Due to the pandemic, we have witnessed workplace revolution and upended working standards for companies and workers. The outlook for business today may be simple if the eased restrictions continue, but businesses should be prepared for future eventualities.
“Although the pandemic has accelerated digital transformation, only a few are ready for it. Now is the time to transform businesses using technology to create a digital environment to thrive in any challenge or crisis,” Paloma said. .
AMTI and Lenovo are helping local businesses keep pace with the changing business landscape to emerge victorious in today’s digital and remote business environment. They provide state-of-the-art computing devices with inherent security, flexibility, and smart features, empowering employees to perform at their best anytime, anywhere.
Speak to AMTI now to help you analyze your current business situation and remote work readiness to develop recommendations and solutions tailored to your business.
For any inquiries go to https://amti.com.ph/contact-us/ or email them at [email protected]. Follow AMTI on Facebook and LinkedIn for more technology updates.
AMTI is growing. Grow your career and join them as we digitally transform businesses. Send your resume to [email protected]