NEW NORMAL

SITUATION:
The pandemic that the world is experiencing at the moment has affected the lives of people all over the world. The economy has been injured and jobs have been lost. Slowly, the world is trying to recover by transitioning into what we call the “NEW NORMAL” Countries like the Philippines is trying to recover by pushing on the continuance of economic activities. Businesses are allowed to open again adapting new policies.

EXPLANATION:
Since a lot of people have lost their jobs, how can corporations help the government in terms of their corporate social responsibility in the new normal?
How important is job creation during the implementation of the new normal in business?

Adapting Corporate social responsibility to the new normal as the COVID-19 pandemic it’s vital that organizations maintain their commitment to corporate social responsibility. Be patient with local charities , Business oftern relay on local charities to provide volunteering opportunities by their employees. As the pandemic continues , these programmes need to be modified with genuinely thought and planning. Whatever it’s developing socially distanced it virtual alternatives , it can take time to ensure content and logistics meet societal needs . Assist the development of virtual volunteering , prior to COVID-19 there was already talk about virtual volunteering now it’s a standard alternative to face to face engagement. Think beyond technology to engage our communities , it’s important to remember that , while virtual volunteering is inclusive of some people it can excluded other others. Although the implications of Covid-19 have yet to be determined, it will continue to disrupt our lives for the weeks and months to come. The corporate sector can move the needle during this crisis by implementing strategies and initiatives that benefit society as well as their long-term success by supporting their employees, customers and the economy at large. Encouraging mental wellness Many companies, as well as state and local governments, recommend that those who can work from home do so. In addition, the Center for Disease Control recommends that all gatherings and events of more than 50 people be cancelled for the next eight weeks. This “social distancing” is vital to reducing the spread of the coronavirus but negatively impacts emotional well-being. Providing financial security. As stores close and factories reduce hours in response to the pandemic, corporations are committing to supporting hourly employees financially.
It’s important because many people is not have a food for eat and many people don’t have a job because this crises and dislocations home in on social, economic, and political weaknesses that are often sidestepped or pushed to the backburner in the interests of master plans of growth or development. Recovery from crises, then, provides the opportunity to address these underlying issues that preceded and, likely, contributed to the crises or dislocation; meanwhile, a return to the previous normalcy following such crises generally means exacerbation of these weaknesses that erode and threaten to fracture social, economic and political foundations. This paper documents social and economic policies across two financial crises, the Asian Financial Crisis and the Global Financial Crisis, for South Korea, the Philippines, and Indonesia, to reveal the problems from growth-centric recovery focus on economic fragilities, social cohesion, and political stability. Further, using evidence from the ground and survey data, we also show how recovery to a new normal with a reprioritization of social policies invigorates the social, political, and economic foundations. We round off the study with an examination of social policy changes under COVID-19 to assess how the efforts track against a recovery to business-as-usual economic normalcy or a new normal that reprioritizes social policies and the economy.