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LEARN MORECompanies 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.
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.
Frida Polli, CEO and co-founder of Pymetrics, a neuro-science/AI based hiring start-up, discusses the affect of the COVID-19 pandemic on the hiring process, specifically skill and mobility requirements of companies and how Pymetrics adapted to it. She identifies three key trends – reduction in physical mobility, digitization and hyper-localization.
Jim Loree, President & CEO of Stanley Black & Decker, Inc. discusses the application of technology and the “art of the possible” in crisis management from his experience in leading through the COVID-19 pandemic.
Chairman of Lego Brand Group, Jørgen Vig Knudstorp, discusses LEGO’s response to the COVID-19 crisis, including changes in customer behavior and the importance of “entertaining the inconceivable” through imaginative thinking.
How can companies be better prepared for future shocks? Ten strategic insights emerging from COVID-19.
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