In times of crisis, such as the new Coronavirus pandemic, some will discard established processes to decrease short-term prices to maintain quarterly profitability. Management might be considering that, because we have less activity, we do not require maintenance. However, this strategy is short-sighted and positions the company for failure and chaos when recovery takes place.
Panic Creates Chaos
Nearly all companies have the required assets for producing the goods and services that provide revenue. Among companies currently experiencing a rapid decline with the COVID-19 pandemic, the administration feels intense urgency -- some might call it panic - to reduce on prices. Since the activity is low, there is a desire to eliminate maintenance.