Here are some practical considerations you need to make in developing and implementing your COVID-19 business continuity strategies for your organization or business, or even for yourself.
If you already have some form of business continuity plans already developed, execute them. Otherwise, you have to take a practical short-cut and use the information below to flexibly develop your next steps as you go. Continue reading
When an individual or organization fears change and are uncertain, it’s usually in regard to digital technology disrupting their status quo or from new, fast-moving competition.
While I myself have discussed at length these fears and many more, few would have thought that in the early stages of 2020, our economy would be in a downturn, we would be instantly converted to remote work or laid off, and we would be quarantined to our homes due to a global pandemic. Continue reading
Now that WHO has declared a pandemic can we rest easy? What exactly does this mean? Should you be worried? Should your organization be worried? Have you implemented your plan? Do all the team members know what their functions, duties and tasks are? Is Senior Management and the Board of Directors engaged; have they been briefed? What is the status of your supply chain; “value chain”, product/service demand? What is our risk profile now? Can we operate if staff is disrupted by school closures, illness, recall to active duty (for military and healthcare personnel). Can we pay our employees? Continue reading
To live out your maximum possible lifespan in the best possible health, you must first survive the current threat to your life and well-being, the COVID-19 pandemic. A pandemic disease is one that occurs over a wide area and affects a major portion of the population living in that wide area. It has been over 100 years since the last true world-wide pandemic, the 1918 flu, which killed millions of people all over the world. Now, over 100 years later, COVID-19 has been officially declared a pandemic by the World Health Organization (WHO). COVID-19 is potentially the most dangerous infectious disease to affect humanity since the 1918 strain of flu. Continue reading
I am getting tired of reading “expert commentaries” about the impact of the Covid-19 epidemic on supply chains. They all seem to say the same thing, and (in my mind) they tend to overlook certain facts.
Let’s look at 4 commonly held truths that I disagree with.
First truth: “the current epidemic is a ‘black swan’ event” Continue reading