While many nations, companies, and individuals are still reeling from the negative effects of the financial crash that began in 2007 and then ground on through the years, the Covid-19 has hit hardly affecting many economies, and specially those related to the service industries. Services are often among the first and hardest hit by turmoil.…
Currently, over 30% of the world’s population faces stay-at-home measures in an effort to stop the spread of the Coronavirus. While necessary to tackle this global pandemic, extended physical distancing is causing another global crisis as people face mounting social isolation, disconnection, loneliness, and depression. To make up for the loss of physical human connections,…
This blog has forged such a focused trail that I would only blur its brightness and weaken its vigor if I added even a short sentence on how businesses are responding to the pandemic. As someone who is native to natural sciences (forestry) and a migrant to social sciences (business), I have viewed the pandemic…
As COVID started to hit hard in different countries, news appeared in the media covering the shortages of products in the supermarkets. While lots of arguments have been push forward (and dozen of meme have been developed) to describe this phenomenon from a demand perspective, its supply dimension should be carefully investigated too. Back…
Throughout human history, crises have been pivotal in developing our societies. Pandemics have helped advance health-care systems, wars have fuelled technological innovations and the global financial crisis helped advance tech companies like Uber and Airbnb. The present coronavirus pandemic will arguably not be an exception; entrepreneurs can be expected to rise to the challenge. Businesses play a key role…
The corporate governance of firms and the role of the board of directors are at a crossroads. On the one hand, it has never been more vital to the workings of a business. On the other, it has never been more challenging. As boards grapple with new regulations about transparency and accountability, sustainability concerns, executive…
Covid 19 is now wreaking havoc in more than 130 countries in the world. It is destroying livelihood of so many people and till now more than 80000 people have lost their lives with number of people infected close to 1,4million. Europe and USA are the worst affected. The number of cases in India is…
The Coronavirus (COVID-19) has spread across the globe with devastating consequences. The advent of the pandemic on the African continent – in most of the 54 nations that make up this young, beautiful, vibrant yet fragile continent -holds important lessons for the practice of corporate citizenship and responsible business. There is Power and Promise…