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…
Throughout the human history, societies have struggled with achieving and maintaining equality. However, it is the persistently rising levels of inequalities that have made the contemporary global society among the most unequal. Since industrial revolution, in order to make ‘progress’, we have focused on making systems efficient and acquiring material wealth. As a result, we…
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…
The Excruciating Choice Governments face an “excruciating choice” between “flattening the (coronavirus) curve” by imposing quarantines and lockdowns and the huge, unprecedented economic impact on the world economy that is already in recession. The Health and Human Services Department of the US Federal Government is planning for the possibility of an 18-month medical and economic…
Globally, there are concerted efforts by the private sector to find creative ways of contributing to tackling the pandemic. Some businesses are adapting their manufacturing systems to produce some of the essential materials and equipment required to combat the pandemic such as sanitisers, ventilators, testing kits, et cetera. Others, especially those in the biochemical and…