The World Post COVID-19

Introduction

The COVID-19 pandemic has lessened some known global risks while also introducing a new set of uncertainties. Distracted by the pandemic, concerns about sustainability and the green transition have fallen down the agenda. Instead, business leaders are more concerned about specific threats like a prolonged global recession. Uncertainties about the outbreak are compounded by fears of further coronavirus waves, leading to an economic downturn affecting supply chains, solvencies, and the cross-border movement of people and goods. When economic risks are mixed with other unfolding factors, the second set of effects begins to emerge. The much digitalized, automated, and integrated economy and unprecedented shifts in working patterns caused by lockdown restrictions create new uncertainties. Concern about the rise of cybercrime, for example, comes out as one of the top risks.

Whereas traditionally, the sign of a good manager was a strategic mind, in the COVID era, it is all about the here and now. Organisations need to adjust to a new reality. Managers face many challenges caused by the relentless pace of change, whether new business models or the latest technical innovation threatening to disrupt a traditional industry. Traditionally, these changes are threats. With the right analytical tools and the ability to think strategically and understand how to communicate and implement the necessary changes, organizations can seize opportunities in each situation. Many organisations cannot adapt their strategy quickly enough to respond to or anticipate the effects of strategic change.

Managers are faced with three pressing questions:

• How has the pandemic impacted our business environment?
• What do these changes mean for our organization?
• How can we prepare for similar disruptions in the future?

This GLOMACS intensive seminar takes a comprehensive look at the opportunities and risks caused by the pandemic. It examines how to prepare organisations to become more resilient, adaptable, responsible, and sustainable. This training course will provide delegates with tools, approaches, and strategies to succeed in the harsh climate of a post-pandemic world.

This GLOMACS training seminar will highlight:

• How Businesses & Governments successfully response to COVID-19 pandemic  
• The challenges & opportunities facing Businesses & Governments post-COVID-19
• How Businesses & Governments can effectively manage risk, uncertainty & opportunity 
• Enhancement of strategic thinking and external analysis competencies 
• Applications of leadership approach in the current context of “new normal” 

Objectives

At the end of this GLOMACS training seminar, you will learn to: 

• Examine the external environment affecting your company’s ability to succeed in the pre-pandemic era
• Describe the major changes in the global economy caused by the pandemic
• Use risk and uncertainty management to help align organizational planning with its core strategic intents 
• Improve decision making and the business outcomes by applying risk and uncertainty assessment to key organizational initiatives 
• Optimizing the analysis and weighting of risks and uncertainties to organizations 

Training Methodology

This is an experiential workshop, utilizing various delivery approaches developed around adults-learning principles, which emphasizes engagement, interaction, and practice. The methods used in the seminar include:

• Case studies 
• Revisions of published articles
• Skills practice through group activities 
• Reflection for deepening their learning through group discussions  
• Introduction of content, examples via short, interactive presentations  
• Short video clips

Participants will participate in both general and one-to-one discussions with the trainer to maximize learning and benchmarking opportunities, share ideas, and compare experiences and challenges in their workplaces.  

Organisational Impact

By sending delegates to this GLOMACS training seminar, the organisation will gain the following benefits:

• Systematic and effective responses to COVID-19 pandemic 
• Identification of challenges & opportunities facing Businesses & Governments post-COVID-19
• Effective management of risks, uncertainties & opportunities   
• Strategic positioning of organizations within the contexts of external, challenging environment 
• Applications of leadership approach in the current context of “new normal” 
• Better leadership and decision-making and sharply focused views on the extent and direction, leading to enhanced organizational resiliency 

Personal Impact

This GLOMACS training course will benefit participants by gaining knowledge that will enable them to have a better understanding of:

• The external environment affecting your company’s ability to succeed in the pre-pandemic era
• The major changes in the global economy caused by the pandemic
• The management of risks and uncertainties to help align organizational planning with its core strategic intents 
• Improved decision making and the business outcomes by applying risk and uncertainty assessment to key organizational initiatives 
• Optimization of the analysis and weighting of risks and uncertainties to organizations 
• Enhancement of leadership, strategic thinking, and external analysis competencies in the current context of “new normal”