There is much debate now on whether this ongoing COVID- 19 outbreak is a so- called Black Swan event, or whether such will be the normal for the foreseeable future. The outbreak has experienced an exponential rise. Pollution levels and planetary limits will also determine much of this. Companies need to see the bigger picture, so they need to shape their corporate strategy is such a manner. Diseases like the one at present, are inextricably linked to climate change. These companies will also need to display economic resilience during such black swan moments. Some discoveries may be made along the way, on how we travel and interact. Businesses need to occupy centre stage away from the political and policy sidelines.

Source:https://sloanreview.mit.edu/article/is-the-covid-19-outbreak-a-black-swan-or-the-new-normal/

Uploaded Date:24 March 2020