Impact of COVID-19 on Luton Town Residences (LTR)

Foundations of
Business Management
(BBS013-1)

Executive summary
In the current business environment, it is identified by organisations that they are facing
many problems due to COVID-19. It is the virus that propagated in the entire world and due to
this governments put lock-down in the world so that they can stop the propagation of virus. This
gives a negative impact on every sector as they hare restricted to not open their stores and having
a fear of virus. In the case of housing property, they are facing a heavy declining in their
business. This report will be discussing the impact of COVID-19 on LTR. In this report, all the
impact of pandemic will be discussing with key issues that faced by LTR. Along with the key
issues, this report is find out the solutions that how LTR is overcoming with their issues.

Table of Contents
Executive summary..........................................................................................................................2
INTRODUCTION ..........................................................................................................................4
MAIN BODY...................................................................................................................................4
TASK 1............................................................................................................................................4
Impact of the COVID-19 Pandemic on organisations............................................................4
Key Issues present at LTR......................................................................................................6
Recommendations..................................................................................................................8
CONCLUSION ...............................................................................................................................9
TASK 2..........................................................................................................................................11
Personal reflection................................................................................................................11
REFERNCES:................................................................................................................................14
Books and Journals:..............................................................................................................14

INTRODUCTION
Day by day the complexities of business environment is increasing due to many factors.
Factors can be external as well as internal. One important challenge that comes from external
factor is COVID-19 pandemic in the entire world (Riekkinen and et. al., 2021). Due to this, it is
identified that pandemic situation is negatively impacted on many sectors or industries from
which property industry get adversely affected. In this context, LTR which is the acronym of
Luton Town Residences. It is the Housing association that provide housing for local
communities for those people that are not able to afford expansive houses. They are facing many
challenges due to the impact of pandemic situations. So that's why this report will be discussing
the impact of pandemic on LTR and also discussing the key issues (Reisig, 2018). It will be
discussing the recommendations which are necessary for an organisations.
MAIN BODY
TASK 1
Impact of the COVID-19 Pandemic on organisations
This report is based on LTR which is Luton Town residences where they are providing
residential houses to the vulnerable individuals. For that purpose, they are separated into two
blocks that are General Purpose Housing and Supported Housing. In General Purpose Housing,
they are providing four blocks in different locations in Luton with their separate individual
management office (Van Leuven and Smith, 2019). Whereas supported housing, they are
categorised into three housing that includes emergency hostel, transitional flats, and two hostels.
They are running their business very well before pandemic situation, but after pandemic they are
facing lots of problems. That means Covid-19 pandemic gives a negative impact on LTR. It
caused a disruption in day to day activities of LTR. When the employees of LTR gets to know
that government was imposed a lock-down and that's why the director of LTR announced that
most of the employees need to do work from home and remaining should present on on-site
locations for the purpose of maintenance. It is very necessary for organisation that they have to
take a right measures as the pandemic gives a negative impact on organisation but some of the
organisation that get positive impact such as IT companies (Dongbo and Bowen, 2019). The
LTR is providing residential housing and they get impacted due to pandemic situations. There
are some points which are mentioned below that shows how pandemic gives impact on LTR: