The COVID-19 pandemic has upended the rules of the game for businesses. It has served as a reality check to business owners on their resilience and agility as they confronted systemic shocks and disruptive forces.
Many have been forced to relook at the “nuts and bolts” of their businesses and reevaluate survival strategies to future-proof themselves against these risks.
As part of their journey on recovery and growth, business owners may also be looking at additional costs from new investments or experience increased stakeholder scrutiny. As such, they will need to take careful and practical steps to mitigate their exposure to risks while maximising options for greater resilience.
This report features excerpts from a series of articles which were first published on The Edge Malaysia under the Trust in Resilience column.
The series cites findings from PwC’s Act Now to Recover (“ANTR”) survey conducted in June and July 2021, which explores how business owners in Malaysia are impacted by the pandemic, their views on recovery and how they are navigating through these challenges.
Deals Partner, Business Restructuring Services, PwC Malaysia
Tel: +60 (3) 2173 1677