KM Discussion 10: Business Continuity 

“All knowledge is connected to all other knowledge. The fun is in making the connections.” 
– Arthur C. Aufderheide




		

	



	

		

			
			

		

	



	

		

			
Key Takeaways


    

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    According to a 2018 report by the Small Business Administration, there are 30.2 million small businesses employing 58.9 million people. Also, the SBA says that 47.5% of the U.S workforce is employed by small business.
    

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    The Society for Human Resource Management (SHRM) performed a survey from March 12, 2020 to March 16, 2020. The survey revealed that 31% of U.S. small businesses say that they can fully operate remotely. From the same survey, 33% of small businesses say that none of their processes can be done remotely.
    

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    SHRM survey - The 67% of small businesses that can potentially operate remotely to some degree represents just over 20 million small businesses. But, only 9 million businesses have stated that they can completely operate remotely.
    

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References


Society for Human Resource Management. “Covid-19 Research, Implications for the American Workforce”. March 31, 2020.
https://shrm.org/hr-today/trends-and-forecasting/research-and surveys/Documents/SHRM%20CV19%20Research%20Workforce%20Implications.pdf


U.S. Small Business Administration Office of Advocacy. “2018 Small Business Profile”. 2018.
https://www.sba.gov/sites/default/files/advocacy/2018-Small-Business-Profiles-US.pdf