We all may be getting slightly sick of the phrase ‘new normal,’ but it can be a helpful way to foster an adaptable, forward-looking mindset as a businessowner. Our friends at Liberty Mutual, in collaboration with Risk and Insurance®, prepared this insightful graphic that rates nine operational shifts businesses may need to take in light of COVID according to their impact and frequency.
From adjusting supply chains to evolving business operations, businesses are adapting in different ways as a result of the coronavirus pandemic. Learn more about some key shifts that are taking place as part of the “new normal” and ways your company can help mitigate risk.
The Risk Matrix, produced by the editorial team at Risk & Insurance®, plots ways businesses could respond to the COVID-19 pandemic based on frequency and severity.
Source: Liberty Mutual’s ‘Viewpoint’