10 Sep 2021
Coming out of the pandemic – Five lessons from an SME in surviving a crisis
When the pandemic first hit, my thoughts were drawn to the here and now. This involved reforecasting and our cash flow, calculating how long the business could survive and employ staff without any income. However once the dust settled it made me realise there was never a better time to embrace new thinking and how necessity is the mother of all invention. The pandemic has forced new approaches and new ways of thinking that can improve how SMEs can do business. From how we engage with staff to our approach to business and people we work with, to the new products we are developing. I think there have been five ways we have mitigated the worst impact of the pandemic that are good lessons for other SMEs in similar situations.
My key focus was employee support and motivation so whilst we agreed plans with brands, the workforce needed to be supported to deliver these. Lockdown put the nation under very odd circumstances, unique to everyone and all very personal. We therefore began the process of honest communications, support from a work and personal perspective to help develop coping mechanisms and create clear expectations of working patterns and priorities. We increased training, which ranged from soft skills learning and also included employee support curated with external practitioners in each field to assist the workforce as best we could. These initiatives looked to develop life skills delivered virtually for all staff, these included Coping with Covid sessions, Diversity, equity and inclusion discussions, Mental & Physical Health courses which evolved based on employee feedback, all supported by our weekly Fit for Gekko emails that gave useful information, tips and light hearted advice. As the bedrock of the business during uncertain times we needed to make sure they were looked after and could bounce back strongly when the good times returned.
Develop new innovative services
Even with some restrictions eased at different points, it became impractical and less safe to send people in store to train staff so we moved at pace to pivot to develop new digital services for brands. This included a digital learning management system for retail sales teams. This is something we had been strategising for a while but the pandemic forced us to rapidly speed up the development. The upshot is we have been able to train many more staff than we would have and created a valued new service which will complement our instore activity. For one brand we have trained over 100,000 retail sales advisors virtually since March 2020 through a mix of live streams and one 2 one virtual sessions. It enabled us to increase our reach by 37%. In meeting the needs of the evolved channel, we have helped diversify our business offering. We also created multiple Engagement Portals for staff in areas ranging from virtual education, online expenses, employee management tools. We will continue to focus on increased investment in data and insight and training and employee engagement.
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