Business must adjust fast to survive, finds survey

The Coronavirus bug

Want to read more?

We value our content and access to our full site is only available with a  subscription. Your subscription entitles you to 7-day-a-week access to our website, plus a full digital copy of that week’s paper to read on your pc/mac or mobile device.  In addition, your subscription includes access to digital archive copies from 2006 onwards.

Just want to read one issue? No problem you can subscribe for just one week (or longer if you wish).

Already a subscriber?


Problems logging in and require
technical support? Click here
Subscribe Now

Only half of Scottish businesses have a plan in place for a localised lockdown, according to a study.

A survey found 50 per cent of Scottish businesses had a plan if a localised lockdown was imposed, although just 38 per cent have a plan to deal with the second wave.

The top three business concerns for Scotland include bringing furloughed staff back to work (63 per cent), operating profitably within the government’s Covid-19 guidelines (63 per cent) and staff welfare and well-being (50 per cent) .

When it came to future working arrangements, a quarter of Scottish businesses have already put policies in place to enable working from home.

A total of 38 per cent anticipate an increase in working from home in the future.

Seventy five per cent expect to replace face-to-face meetings with video calls and 50 per cent anticipate a reduction in travel to meetings using public transport.

Simon Turner, campaign manager, Driving for Better Business, said: ‘The economic outlook is uncertain, to say the least, with experts divided over exactly how badly different sectors could be affected.

‘On the whole, however, our survey sample were optimistic. One thing that is certain though, is that firms must adjust quickly to the current environment and take every opportunity to minimise operational costs and improve efficiencies in order to give themselves the best chance of survival and the ability to thrive as soon as conditions allow,’ he said.