Now that we are living a version of the Movie Groundhog day, people are starting to ask, “Now What?” Our Big Thinks Contributors, write about the pivot to let go of yesterday’s systems and embrace New Beginnings.
The future of work will gravitate toward boundless jobs that are not tied to a specific geography or time zone. “Boundless jobs will create a competitive advantage for companies while increasing job opportunities for people.” Tracy Levine, Forbes Coaches Council
Organizations in virtually every industry, of various sizes and across the globe, have been experiencing a riskier business environment, and the expectations for the year 2020, even before Covid-19 entered the equation, was no different.
This coronavirus spreads ten times faster than the normal flu. With no vaccine available at this time, the Covid-19 pandemic has become a global threat. We must act immediately to respond and recover from this crisis. The question is – how do we control and outrun the spread?
As the world changes around us and we are faced with dilemmas on how to adapt to change, organizations are faced with very similar challenges: How do they create a culture of resilience that would best position them to overcome disruption and setbacks?
Promptly re-prioritizing activities, mobilizing resources to produce a clear view of increased risks and weakened controls and applying a structured approach to draw out the most opportunities from the crisis are instrumental for Operational Risk management during the pandemic.