This special section is consisted with expert advice on creating resilient for the global

pandemic in business perspective. Expert advice has provided under two main aspects:

1. General aspect
2. Industry specific aspect

General Aspect

Creating resilience for Covid-19 has become a momentum aspect to all businesses due to its
devastating impact on supply chain, cash flow and all the business functions [ CITATION
USE20 \l 1033 ] . However, measuring and managing resilience is difficult mainly due to
[ CITATION Mar20 \l 1033 ]:

 Lack of multi-time-scale perspective planning where firms main focus is on

maximizing short-term shareholder wealth but resilient requires a boarder spectrum of
timescale.
 The present corporate capitalism model promotes individual optimization of the
company simplifying management and accountability while masking the
interdependence in between stakeholders. In contrast Resilience is an interconnected/
interdependence system approach where it requires support from all the functions of
the firm.
 Focus of creation and execution of plans are mainly based on clear, unchanging, and
predictable relationships while, resilience deals with unpredictable, improbable,
changeable complications in business environment

6 principles of building long-lasting resilient enterprises

These six principles provide guidance for creating long-lasting sustainable resilient
system for businesses.

Principle Description
Redundancy This strategy helps to minimize the effect of unexpected shocks however
at expense of short-term efficiency.

Creation method: Duplication of elements (Create same product in

multiple locations/factories)
Diversity This refers to the diversity of the workforce which helps to ensure
 mitigation of catastrophic failure in the system gaining through
sacrificing the efficiencies from standardization.

Creation method: Hiring people different backgrounds with diversified

cognitive profiles which enables innovation and creativity within the
firm.
Modularity This helps firms to run operations smoothly allowing induvial failure
without collapsing the entire system.

Creation method: Through tightly integrated organizational design by

dividing into smaller chunks with well-defined interfaces which
ultimately help with rapid rewiring during a crisis
Adaptability This refers to the ability to progress through trial and error.

Creation method: Through designing of processes and structures which

promotes flexibility and learning rather rigid tight control.
Prudence This refers to the precautionary measure that company has during
plausible circumstances.

Creation method: Through scenario planning, analyzing system

vulnerability, war games, monitoring early warning signs
Embeddedness Since all the functions are embedded in supply chains, business
ecosystems, economies, societies and natural ecosystems, firm’s goal
and activities must be aligned with these broader systems for long-term
success.

Apart from above structural modifications, a firm can deploy three other strategies in
creating resilient.

1. Migration strategy Shifting business portfolio across products,

2. Environmental shaping
geographies, channels, or business model to
minimize adversity. This requires more decisive
reallocation of resources where sufficiency is a
key.(such as; allocation of sufficient capital with
sufficient speed)
Business environment of an established market is
pre-determined to a new entry. But a pioneer in the
emerging opportunity can outline the environment.
 Through visualization of possible realities in
dynamic environments and after realizing them via
shaping and persuasion firms can mitigate adverse
shocks.
3. Collaboration Collaboration with other players especially in
digital platforms can increase the collective
resilience accessing new capabilities and increased
flexibility which also impacted in reducing the
fixed cost of entry due to shared assets.

These three strategies not only help in creating resilient but take advantage of creation and
exploitation of new opportunities[ CITATION Mar201 \l 1033 ].

Employing the mentioned principles and strategies business can have multiple advantages.
Mainly 4 types of benefits can be seen [ CITATION Mar20 \l 1033 ].

Figure 1 Assessing companies' relative resilience [ CITATION

Mar201 \l 1033 ]

1.
Anticipation benefit: The alibility to
identify threats quicker. However,
this can not to demonstrated in
short-term performance but via
other signals specially when firms
articulating its resilience plan.
2. Impact benefit: This is the ability
to better resist or combat the
initial shock which can be attained
through well-preparedness and
more-agile response plan.
3. Recovery speed benefit: This is benefit attained by recognizing and implementing the
adaptations effectively which needed to rebound from the shock quicker.
4. Outcome benefit: This refers to the increased strengths for new post-shock environment.

Covid-19 has not only created the threats to entire business ecosystem but seeds of
opportunities for change [ CITATION Mar20 \l 1033 ].

Industry Specific Aspect

Although the garment industry faced a major disrupt from the Covid -19 pandemic
globally industry specific preparedness can improve the long-term impact on to the
industry [ CITATION Int20 \l 1033 ].

Industry specific recommendations are provided under 3 major phases [ CITATION

Wor201 \l 1033 ].
 Employee protection measures:

 Manadting the use of Covid -19 protective workwear

 Employee support programs providing on mental health advice, offering voluntary
unpaid leaves
 Impose mandatory restrictions on employee contact in the workplace

Apart from the mentioned measures, there are several other measures which helps to
ensure the busines continuity

 Establish cross-functional control towers

 Increase safety stocks and shift inventories
 Proactive management of costs and cash to safeguard the liquidity
 Pivot freight models
 Provide customer support programs
 Prepare for bounce back
 Fast adaptation to new demand to meet up customer expectations

Supply chain risk mitigation measures:

 Supply support programs providing

o risk analysis assistance
o guaranteeing purchase of supply
o Providing advance payment to ease the pressure

2) Preparing for recovery and increasing resilience (acceleration initiatives)[ CITATION

Wor201 \l 1033 ]
 Adopting the overall supply chain set-up by carefully managing interdependent levers
such as dual sourcing, complexity reduction and localizing
 Doubling down on investments in advanced manufacturing technologies that were
attributed an essential role in ensuring a quick reaction to the crisis
 Adjusting the operating model to allow for a more flexible and decentralized
manufacturing organization with a consistent risk management system in place
 Redefining external relationships and capturing new opportunities from cross-
industry collaboration models
  Increase collaboration with suppliers
 Adopt strategic partnerships with peers and across industries
 Seek M&A opportunities

 Reviewing and challenging the product portfolio to reduce complexity and refocus on
key strategic directions

3) Adapting to potential changes (long-term adaptation)[ CITATION Wor201 \l 1033 ]

As a result, five consistent important areas emerged which leaders need to consider in order
to prepare for long-term business success:
CONCLUSION

As a representative firm, the crew trust that expanding a positive business, but massive or
small the funding is a massive step when wearing an enterprise ahead. moving production to
Mexico will greatly benefit the MNC in spite of the positive risks that they may face whilst
having their manufacturing in the united states. The MNC at play right here which
concentrates on healthcare clothing would gain immensely via putting in place in Mexico.
Mexico is the contemporary best funding destination out of the five ability economies such as
Thailand, Bangladesh, Ukraine and India as analyzed through PESTEL factors. But this look
at mainly targeted on the PESTEL elements and Gap Analysis and the expert advises for
creating resilience for COVID 19. Also, the since Latin America seems to be a region
attracting more Foreign Direct Investment and Mexico us deemed to be potential place that
attract international retail brands, on which can be out of the firm’s manage and are
exceptionally dynamic, consequently it's far essential to be up to date about these external
elements and alter therefore. However, from a current viewpoint it is ideal to head beforehand
with Mexico. There may be danger concerned in each thing of a business and it's far
believing that this hazard is worth taking.