Benefits of Using a Project Management Tool for Businesses in this Pandemic

As the COVID-19 pandemic hit – sales were low, operations were on pause, towns were in lockdowns and a lot of businesses were on the verge of closing… or closed. As of June 2020, the GDP was reported to have dropped a record 7 per cent and in July, Australia’s unemployment rate peaked at 7.5 per cent – the highest in over 20 years.

Our businesses have experienced a lot of loss in these trying times; from revenue to opportunities and our employees. But it was anything to be gained through these trying times, it would be these lessons:

Expect the unexpected

strategic project management tools

Always be prepared. You should have a business contingency or emergency plan. These plans should include to-do’s so as not to avoid business interruption and confusion for employees. Considering what happened and what will likely happen again, can solidify these plans to ensure that your business is ready for any unfortunate event.

Collaboration is IMPORTANT

Collaboration brings out great ideas and what more can help you make your team cooperate is a good project management tool. There are many benefits of using a project management tool. By doing so, team members can share and collaborate on ideas more easily. This can lead to better decision-making and improved communication overall. Additionally, using a project management tool can help to keep everyone on the same page and focused on the same goal. Ultimately, this can result in a more productive and successful team.

A good Work/Life Balance

Remind everyone in your team of the importance of a work-life balance. Learn to appreciate what you currently have. It has been proven that both a healthy mind and a healthy body make for a more creative and productive workforce. And these ideas are what are needed to survive in these times.

Be open to the idea of remote work

Going back to the office might be unsafe for you and your employees. Being open to this option may help your business save money on rent, utilities and other overhead costs that come with keeping a physical office. Additionally, there are several strategic project management tools available that can help you with this transition. With these types of tools, you can make remote work more efficient and effective.

The future is digital

Digital transformation is key to scaling your business. The right technology tools for project management are already available for everyone to help handle their business efficiently and effectively.