[서울=뉴스핌] Reporter Kim Sun-yeop = 8 out of 10 companies that have suffered damage in the past year when Corona 19 occurred in Korea, and 4 of them, were found to have implemented emergency management.
As a result of a recent survey by the Korean Chamber of Commerce and Industry of 302 domestic companies,’one year of the corona crisis, industrial impact and policy tasks’.
About the impact of the corona crisis, 75.8% of respondents said they were’damaged’. Also, 8.3% of companies said they were threatened with survival. On the other hand, only 14.6% of respondents said it was’somewhat helpful’ to the business, and only 1.3% said it was a good opportunity.
In addition, it was found that 4 out of 10 companies affected by survival threats or damage had implemented emergency management.
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| [서울=뉴스핌] Reporter Kim Sun-yeop = 2021.01.31 [email protected] |
Most of the reasons for entering emergency management were’slow in sales’ (79.0%), and many of the measures taken were’expense reductions such as wage reduction’ (71.9%) and’vacation/vacation’ (50.0%).
The Korean Chamber of Commerce said, “Last year, the Korean economy has made the most of its negative growth among OECD countries, but this is due to the extraordinary stimulus measures to overcome the Corona 19 crisis,” he said. “There are internal and external uncertainties such as the spread of a variant corona and conflict between the US and China. There are still many companies that are large and have management difficulties, so it is necessary to continue preparing for this.”
As for the timing of normalization of business activities following vaccination, the company mainly forecasted the third and fourth quarters of this year.
However, since the outlook differs by industry,’refining’, which is a big beneficiary of economic recovery and outdoor activities, recovers rapidly since the end of the second quarter of this year, and’home appliances’ and’construction’, which are taking a leap forward thanks to the expansion of Zipcock and housing supply, from 3Q. On the other hand, it was expected to normalize after next year for’air/travel’ and’business service’, which are severely damaged, and’performance culture’ in the fourth quarter.
◆ Changes in the business environment continue even after the coronavirus outbreak is over… Change trends are more opportunities than risks
There were many opinions that the changes in digitization and unmannedness promoted by the corona crisis will continue regardless of whether the corona is ended or not. About 72.8% of the business environment after the end of the corona crisis,’the change due to the corona will be’accelerate, spread, or be similar to that of the coronavirus’, while the forecast of’return to the pre-corona’ was only 27.2%.
‘Sales and marketing activities’ (46.1%) and’work type (25.4%) were the most difficult to return to the previous method, followed by’recruitment and education’ (18.9%), and’planning strategy’ (12.3%). ),’Fundraising and settlement’ (11.4%).
In addition, companies had a strong tendency to perceive the trend of change after the corona crisis as a’opportunity factor’. In particular, expectations were high for the’emergence of new industries’ (3.34) such as digital and bio, and crisis of’expanding eco-friendly trends’ (3.20),’global supply chain (GVC) reorganization’ (3.18) and’non-face-to-face online’ (3.17). I perceived it as an opportunity.
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| [서울=뉴스핌] Reporter Kim Sun-yeop = 2021.01.31 [email protected] |
Chung Hyuk, an advisory committee member of the Seoul National University Graduate School of International Studies, said, “The trend of change and the emergence of new industries according to the corona crisis revealed the strengths of our IT infrastructure and manufacturing base, and at the same time, it is an important challenge to advance the service industry using IT infrastructure and manufacturing base. It convinced me that there is an assignment.”
Advisory Committee member Chung said, “In terms of the current comparative advantage of the Korean economy and the future development direction, we will identify and actively promote deregulation areas that can promote promising industries, and support for industries vulnerable to and affected by the corona shock is not a temporary measure. It is desirable to focus on presenting a fundamental solution.”
◆ 60% of companies are responding to changes in the business environment after corona … 72% of large companies vs. 53% difference between SMEs
As to whether they are responding to changes in the business environment after the end of the corona crisis, ‘59.6%’ showed that’in response’ or’in preparation for a plan’.
By company size, 71.8% of large and mid-sized companies are responding, while only 52.6% of SMEs are preparing for change.
The most propelled plan by respondents was’Strengthening new business’ (26.7%), and’Expanding change monitoring’ (25.0%),’Digital transformation of business’ (19.4%), and’Enhancing eco-friendly management’ (13.9%). And’Supply chain diversification’ (12.8%) followed.
Major variables that will determine corporate management performance this year are’corona vaccine supply and immunity formation’ (36.4%) and’interest rate and exchange rate change’ (22.2%), followed by’technology paradigm change (16.9%) and’domestic policy. Trends’ (16.6%) followed by’global trade environment’ (7.9%).
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| [서울=뉴스핌] Reporter Kim Sun-yeop = 2021.01.31 [email protected] |
Finally, companies positively evaluated the government’s response to the coronavirus outbreak by 57.7% of the respondents as’appropriate’, and the most necessary policy at the moment was’funding and tax support’ (64.2%).
Policy tasks to respond after the coronavirus include’continue funding and tax support policies’ (49.7%),’preemptive investment in new industries’ (13.6%), and’rationalization of laws and institutions’ (11.9%).
“If last year was a time when we were worried about survival amid the sudden corona recession, this is the time to continue the crisis overcoming policy and expand the foundation for growth for the future.” “It is important to prepare positive measures for grafting into traditional industries and fostering new industries and industrial restructuring according to the trend of the times such as eco-friendly expansion and GVC reorganization.”
The survey was conducted on 302 domestic companies by phone and pass from the 12th to the 21st of this month.