THE Covid-19 pandemic has been called many names. If we are to be straight and definitive, most see it as a spread of a viral disease, a contagion that halted our way of life as we knew it. Seen from another perspective, it is a global health crisis that, as the UN secretary-general described in a 2020 speech, calls for solidarity and improved "health emergency preparedness." From an economist's point of view, it is a risk that slowed economic growth and crippled global financial markets.
If there's one thing that businesses have learned during the pandemic, it is that we must always expect and prepare for the worst. It means taking a look at risks that can have long-term effects and looking for ways to prepare, survive and bank on an organization's resilience to withstand such challenges. Seems easy to do, right? Well, not really.
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