Industrial players have no time to lose. They need to catch up in digital by committing to a dramatic transformation.
Companies and governments need to operate on multiple timescales to respond to the biological and economic threat posed by the coronavirus. They need to consider all levels of strategic response—reaction, recession, rebound, and re-imagination—simultaneously. In this piece, we offer the key principles for a multi-timescale strategy.
To avoid immense health or human costs, we will need to go beyond the essential first steps of mitigating the outbreak and develop new strategies that can allow us to resume some economic activity.
The complexity of this crisis can be paralyzing. But by approaching it methodically and with data, companies can act decisively as the business landscape evolves.
What can the story of Henrietta Lacks and HeLa cells tell us about the #InternetofThings and data rights? Three key lessons for leaders in a new article by Massimo Russo and Tian Feng.
Though coronavirus is an epidemiological and economic tail risk rather than an engineering one, the O-ring incident contains relevant lessons for modeling and forecasting the consequences of events that fall outside the known empirical range, including economic ones.
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