The COVID-19 pandemic has led to a worldwide recession of immense proportions. Many companies are closing down, either for good or temporarily. The firms affected are largely those who were heavily dependent on the “old” way of doing business, with the physical presence of workers, as well as interaction between other groups, such as suppliers or clients. However, there are some winners and, perhaps unexpectedly, we see that the advent of the COVID-19 pandemic has led to extraordinary economic benefits for some, including individual investors and corporations.
DNC Infrastructure Pvt Ltd in India is one of the best engineering & construction services providers is one among them. They have bagged nearly one billion USD worth projects in this pandemic time.
“Companies must incorporate pandemic planning considerations into existing resilience management activities to provide a comprehensive response and to provide continuity for their most critical projects and services”, Mr. Dirishala Naresh Chowdary, Managing Director of DNC Infra stated. Amid the pain that the virus has caused, it has also offered businesses large and small an opportunity to learn and prepare for the future.
Currently DNC Infra is undertaking various government & semi government projects such as Coal India Limited, NBCC, KPCL, NHAI etc. All projects are in the range of US $100 million to US $300 million. ‘”Leaders also need to model self-care for their teams. Looking dishevelled and exhausted in virtual meetings can rattle employees and weaken confidence. This is a time for you to call on the resources, the capabilities of all of your employees, all of your team members, and bring them together in taskforces, sub-taskforces, and potentially have a role for everyone in which they feel they can contribute to overcoming the uncertainty, overcoming the crisis”, he emphasized.
The social and economic challenges posed by Covid-19 have emphasised the true value of identifying a business’ strengths and weaknesses, as well as recognising and mitigating material risks. Enshrining principles in business strategy makes our company more agile and better prepared to deal with sudden change, whether that is a broken supply chain or the immediate need for employees to work from home.