With baby boomers entering their last stages, Private Equity invested in senior residences ahead of the certain increase in demand as an aging population would surely seek community, comfort, support, and safety from communal living. CoViD-19 changed the calculus overnight. WeWork and Airbnb are also changed forever, as are many more.
The time-honored formula for managing operations in crisis is simple:
- Shrink to the size you can afford
- Prepare to grow
While shrinking to size takes force of will, it can be done by just deciding to do it. Preparing to grow is harder and takes careful thought and planning.
IntelliVen tools, principles, and approaches are the management team’s guide to architecting and maturing operations to achieve maximum value in minimal time. We want to share what we have learned with you and your team. Join us for a FREE online session.
Watch this video for an explanation of how to avoid “death by a thousand cuts” in a crisis!