The Far Eastern Convention gathers corporate executives at the year end to monitor international trends in the post-pandemic era. Field experts are invited to share their foresights in global trends amid the COVID-19 pandemic. Deloitte Taiwan was also invited to conduct a one-day workshop with experts leading the interactive discussions and sharing sessions to formulate corporate strategies in response to the pandemic.

The original workshop format was designed by Deloitte Global for its global clients. This workshop, which entails Recovery and Beyond to explore new methodology in response to COVID-19, is customized for FENC to examine the impact of COVID-19 on key corporate operations, including changes in customer demand, cash flow management, supply chain adjustment, human resources optimization and digital transformation. By providing comprehensive assessments on corporate operations, the workshop helps the executives understand the post-pandemic approach toward corporate operation and formulate corresponding strategies.

During the event, experts facilitated in-depth discussions regarding FENC’s supply chain, digitization and customers, and explored ways of obtaining critical raw materials amid supply chain impact to avoid interruption in the production line. Also discussed are the establishment of smart factory and ways of reducing the impact from employees who are unable to return to work due to quarantine. Participants analyzed changes in customer demand during the pandemic and examined changing customer relations under the new norm. This workshop not only helps the executives stay informed on industry changes in the post-pandemic era, but also builds cohesion and consensus, establishing critical strategies that foster corporate strengths in the post-pandemic era.