Mor ecomments on the process and implications of getting back to work.
Back to Work
Recovery from Covid-19 will require resilience as companies advance, retreat, adapt—and repeat as necessary.
By Hernan Saenz, Dunigan O'Keeffe, Karen Harris, Tim van Biesen, John Hazan, Dianne Ledingham and Nate Anderson in Bain
Recoveries have always mattered in business. Some of the biggest shifts in market share occur coming out of downturns, when new industry leaders—and new industries—often emerge. Rarely, though, has recovery meant putting people’s lives at risk.
Yet that’s where we are today.
The post-Covid-19 world will accelerate some existing trends and create new ones, and all business models will have to evolve in order to grow and thrive. But there’s no way to accurately predict the coming year, and it’s a dangerous mistake to rely too heavily on forecasts, which have to be complemented with highly adaptive and resilient business models. ... "
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