Management Angels, Erdwig Holste, makes statement on 'How the corona virus penetrates the market economy'

An article appeared in the daily newspaper in Germany, WELT, entitled "Time for renewal". 

The economist sees opportunities for renewal: "The crisis is an opportunity to question and renew unprofitable business models. At best, we are experiencing a surge of innovation, new dynamism." As an example, Vöpel, Professor of Economics at the HSBA Hamburg School of Business Administration, cites working from home: "For companies and employees who were previously sceptical about digital innovations, the inhibition threshold has now fallen. I am sure that many things that were born out of necessity at the moment will remain.

Erdwig Holste, managing director of WIL group member Management Angels, made the following statement: 

Digital business models ranging from e-learning to communication tools and entertainment platforms showed their strengths especially in the current stress test: "Half of Hamburg sits in the home office - and it works," emphasised the managing director of the personnel consultancy Management Angels. The Senate must promote innovative forms of work "to keep Hamburg attractive as a knowledge and service metropolis". Holste praised the short-time work programmes of the federal government and the Senate: "They will secure many jobs, as in the financial crisis of 2008/2009. Hamburg has many highly qualified solo self-employed people who are employed for temporary projects "and can bring new know-how into the companies".

To read the full article please click here.



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