Thomas Ferkovic (CEO) of Medic Management Group reviews the next 5 steps your practice must do to survive this health caused business crisis in this video “Now That You Are Acting, What Next?”
The Harvard Business Review has published a formula that quantifies your practice’s survival chances during a business downturn:
Survival = (Speed of your Understanding of the Situation) X (The Magnitude of the Pivots/Cuts/Lifeboat Choices you Make) X (The Speed of your Time to Make those Changes).