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Business

COVID-19: From spirits to hand sanitiser in days Logo cima

  Samantha White |   Free |   Jun 2020 |   FM magazine

The virus crisis has brought about situations where businesses have seen revenue collapse almost overnight. Brewdog faced the prospect of its 102 bars remaining closed for the foreseeable future. The company saw the need to produce hand-sanitizer and the article describes how it was able to do so quickly, literally within days. It also developed a virtual bar for its customers to participate in a pub quiz, guided beer tastings and live music.

Topics covered:
  • Management accounting: Business: Market & regulatory environment, Advanced

3 Comments/Reflections

Richard Wigley

Richard Wigley Nov 2020

Interesting article about reacting to changes in your market
Mark Goodsell

Mark Goodsell Jun 2020

Need to be adaptable as an organisation to manage business disruption.


Need staff to work as a team  and  understand each departments business.


Also know the resources of the  company and how they can be used in different circumstances.
Craig Thornhill

Craig Thornhill Jun 2020

Good article about a company local to me

In essence this shows the evolving world that Management accounts need to a must operate in. Adapting current ways of doing things into new solutions. Granted this venture would appear to be charitable but the skill sets shown in adaptation / change management/value driving and strategic thinking are the same in a commercial situation.