Companies fighting for survival: new products/services and new clients.
Companies looking into new emerging needs.
Large corporates with significant cash buffers have a little bit more time to rethink what their role will be in the Low Touch Economy. Due to their diverse portfolios, they rarely need to do a full reset. But cutting certain business lines and building new service models might be required. Read more on how to innovate during a recession.
Google Sheets: Business model shifts due to Covid-19
In the shared google sheet below, we listed already several organizations that altered their business model in some way. Feel free to add your examples. How are other companies adjusting to this new reality? Today, you mainly see the smaller companies changing course, but soon large companies will follow.
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