Reset your costs and reshape your family business for growth after the COVID-19 crisis

As PNG adjusts to a new normal that accepts COVID-19 infection as an ongoing health risk until such time as a vaccine is developed, attention is becoming more focused on the devastating economic impacts and how the PNG economy as a whole, and individual businesses, can best recover.

In reponse to COVID-19, 81% of CFOs globally are planning cost-containment measures. However past recessions have shown us that it is not usually those who have cut the fastest and deepest who emerge the strongest. To emerge stronger, business leaders need to:

  1. revisit their strategic priorities
  2. focus on how they can add the most value
  3. motivate their people to come along with them into a new way of operating. 

Download our article to find out more. 

 

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Jonathan Seeto

Managing Partner, PwC Papua New Guinea

Tel: +675 321 1500 | 305 3100

Michael Collins

Partner, PwC Papua New Guinea

Tel: +675 321 1500 | 305 3100

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