COVID-19 is one of the most urgent, intractable, grand societal challenges of our time. While posing enormous challenges to the entire globe, the virus has also unleashed the desire to “do good” through organized efforts to help those suffering. As a result, it could be argued, now more than ever, the time is ripe for…
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.…
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…
“Has Strategic Management Research Lost Its Way?”
by Paul L. Drnevich, Joseph T. Mahoney and Dan Schendel
March 4, 2020
It’s a common sight in stores across Canada: empty shelves where bottled water used to be. Online, bottled water is selling online for anywhere from $30 to $75 a case as people panic-buy supplies. But why the sudden rush on bottled water in places with high functioning infrastructure? Public health authorities have suggested all Canadians stock…
From early December 2019 to March 2020, in merely more than three months, the World has witnessed an epic spreading and destruction of the coronavirus which originated in Wuhan, China. The collapse of healthcare system and the economic consequences that follow have few modern equivalences. We are in a pivotal point of modern human history…
Will a global pandemic and recession push businesses to hit the reset button in their business/stakeholder relationships? Will upper echelons (finally) walk the talk that they set out to accomplish, as represented in the 2019 Business Roundtable’s (BRT) Statement on the Purpose of a Corporation signed by 181 CEOs who committed to lead their companies…
This note is both a call for immediate action and hopefully also inspiration for companies to act against the COVID-19/Coronavirus outbreak in the form of rapid responsible innovation — innovation developed in a short period of time in a state of emergency with the hope of protecting people and saving lives. The current global pandemic…
In the last week you’ve probably had the capacity of your e-mail Inbox tested with communication from dozens of businesses, each telling you about their response to the COVID-19 outbreak. The majority of those messages will have told you to “Stay Home, Stay Safe.” A very small minority will have told you what…