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Managing Business Around Coronavirus Quarantine
COVID-19, or coronavirus, is affecting business globally. Companies are quickly changing their operations to improve their chances of survival. Some industries are more at risk than others. Small businesses that rely on customer interaction are more at risk than giant corporations but every industry needs to rethink their strategy.
As types of businesses are not all the same, the ways they approach disease control and prevention differ. Retail and service industries have little choice but to close and sell goods online. Other industries are able to adopt remote work using technology such as smart glasses to keep their operations running smoothly.
In various industries, travel is a vital aspect. The travel industry itself is at risk and airlines are looking at collapse or heavily-reduced services. Major airlines are suspending all or most of their commercial flights. Business travel may lose $820 billion as restrictions are tightened.
It is time to reconsider how we approach work. The choices businesses make now will have an impact in the long-term. We have been made hyper-aware of our reliance on air travel and face-to-face interaction. Work that previously felt impossible to complete at home is now necessary to complete outside of the office.
The technology for enabling home working has existed for years. We can reduce our reliance on travel with teleconferencing. Video meetings have previously been seen as unreliable but internet access and connectivity have improved alongside the developments of video technology itself.
A virtual meeting can be more than looking at a computer screen. Smart glasses bring movement to a meeting, which can be crucial for demonstrations or workplace assessments.
Not being fixed in a meeting room expands what you can do. If a company were to hire a consultancy firm, they could guide that firm through the building to better showcase how they work. Those consultants then have a better understanding of the business than they would based on a written or verbal description.
Not all remote working is based on office work. There are maintenance workers who travel to remote areas. People in those areas can continue to do their work while streaming the process to an employer or client. In some cases, they may be streaming to a colleague who can help guide them through repairs.
Sales will be down for now but businesses can still sell goods and services to be implemented later. Video streaming through smart glasses allows people to demonstrate products and answer questions. This is a period of control and prevention but also preparation.
Healthcare professionals can use video streaming when assessing cases of COVID-19. Person to person infection can be reduced by virtual assessments. Video streaming prevents unnecessary close contact while ensuring confirmed cases still have access to doctors. Training through teleconferencing will continue to have benefits once the coronavirus crisis has ended.
Some estimates state that the effects of the coronavirus pandemic will persist into June 2021. From here and beyond, the need for teleconferencing will be more apparent. Even after lockdowns, there will still be pressure for businesses to pursue sustainable working when this public health crisis has ended. The lower carbon emissions seen recently have had marked positives for the planet.
Investing in teleconferencing and wearable technology is a way of protecting business and health services against disruptive crises. It prevents transmission of COVID-19 while maintaining communication with clients and investors. Smart glasses are a view into a business that a webcam cannot provide. Crucially, this technology also allows us to collectively reduce our carbon footprint.
If you’d like to learn more about how smart glasses can help your business, contact our business development team here.