COVID-19 has had a wide range of effects on how middle market businesses conduct operations. Although many of the innovations that companies instituted to deal with the pandemic were meant to be stop-gap measures, some of these initiatives are now here to stay.
For example, many companies are permanently adopting remote work and hybrid work models because of the ongoing challenges that the pandemic caused, proprietary research from RSM US LLP shows. In addition, the tightened labour market has forced middle market organizations to prioritize holding on to their top performers, according to the fourth-quarter RSM US Middle Market Business Index survey, which polled U.S. executives from Oct. 4 to Oct. 21, 2021.
Moving forward, companies simply cannot rely on their old ways of doing business. This special report developed by RSM US LLP discusses how the pandemic restructured the way we work; and more importantly, it offers insights into what the future holds for middle market companies.
The report provides insights into how middle market businesses adapted to the unprecedented challenges of COVID-19, including the following topics:
The Real Economy Blog was developed to provide timely economic insights about the middle market economy. It is offered as a complement to RSM’s macroeconomic thought leadership, including the quarterly The Real Economy Canada.
Middle market organizations, which make up the “real economy,” are too big to be small and too small to be big. They have distinct challenges and opportunities around resources, labour, technology, innovation, regulation and more.
