Stepping out of COVID-19

This year has been challenging, and we are anticipating how things will be once we step out of COVID. And how will businesses get back after this global crisis? On 24th May 2020, panelists Abhishek Kumar, Director of Abhi Raj Ventures Pvt. Ltd, Sole importer of Wipro Consumer Care and Vinni Cosmetics, Prashanta Manandhar, Founder of Home Supplies Pvt. Ltd. and Suman Shrestha, director of Sales and Marketing, Hyatt Regency along with moderator Mr. Brijendra Joshi, Chief Executive Officer, Rooster Logic Pvt. Ltd. discussed how industries plan to step out of COVID-19 in Nepal. The webinar was organized by Brand Leaders Nepal, with creative partner Digital Advantage and sponsored by Aiken Anti Bacterial Range. As the webinar brought panelists from different business backgrounds, their discussion shed light on how businesses are coping in these times, and how they plan to move on once they step out of covid. 

 

Panelists discussed how crisis management is important and businesses should try to seek opportunities amidst this pandemic. Sharing views on their respective field, from how the hotel industry got affected along with Nepal’s “Visit Nepal 2020 Campaign”, or how difficult it has been to operate the supply chain for consumer goods along with the survival of the business in the service industry, all the above businesses and many others have been equally affected by this pandemic.

Key takeaways : 

 

Suman Shrestha, Director of Sales and Marketing, Hyatt Regency

  • Either you can look at things pragmatically and think what we can do differently or sulk in it. As one size doesn’t fit all, we have to learn to be adaptive in order to move ahead.
  • Even though there might be a time lag, the industries can still move forward and the Nepalese people will get back. 

Prashanta Manandhar, Founder, Home Supplies Pvt. Ltd

  • It’s a difficult time for everyone but this too shall pass. 
  • It is important to think about how are we going to come back from the crisis 
  • Small businesses and start ups need to have faith and stay relevant. At the same time, some sort of pivoting may be the prerequisite to get on the track . 

Abhishek Kumar, Director, Abhi Raj Ventures Pvt. Ltd, Sole Importer of Wipro Consumer Care and Vinni Cosmetics

  • As a business community, the primary focus should be on quality and application. In the post covid period, consumers will seek the value of money. Hence, quality products will be in demand. 
  • Support local products/business to promote employment and avoid social impacts in the country. 
  • Make use of new technology to catalyse the business as much as possible.

 

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