Many businesses across the world will require massive funding and massive effort post-Coronavirus in order to be able to return to previous production, employment and profitability levels.
Governments can only do so much. They can provide massive funding and then distribute it to businesses and individuals in a manner decided upon hopefully with good advice from a limited number of experts but formulated of necessity in haste. They did not have the time to consult in-depth with the individual businesses or even their associations and with their independent advisers. They did not have the time to shape the financial aid to be given to be that which, in a perfect world would enable the entrepreneurs in those businesses to best focus on ensuring their speedy recovery.
It is not too late for us to help improve the distribution of that aid – particularly if we work together as a group and offer that help to those organizing the distribution.
We’re now bringing together expert “thinktank” groups based on primary industry sector to collaborate on the best way forward. The Mission of each group would be formulated during a series of online (e.g. Zoom) meetings to be conducted over the coming weeks. My preliminary thoughts below:
▶︎ To help make government aid to the industry they serve as effective as possible.
▶︎ To help ensure that Government Financial Assistance given; is shaped to help attract to those businesses additional funding from elsewhere; eliminates short term cash-flow deficits, and; helps return revenues and employment to former levels.
Also to be agreed would be how the Groups might communicate with the government and the companies responsible for the distribution of aid. Some members might be willing to help in the distribution. With almost all businesses needing aid I would expect that help offered by the right people would be welcomed. Personally I would like the groups to include; Hotel and Hospitality; Airlines, Banking/Financial Services, and Real Estate.
LIMITED SPACE AVAILABLE —Click below today to register your interest in participating in this important initiative (please include your contact details & LinkedIn Profile url) ⤵︎
