Pandemic exposes weakness of lean supply chains: It’s not too late to fix paid SAP
According to Bremmer, the danger businesses face is not just because COVID-19 happened; it’s because it’s happened at this moment in history. I don’t have sufficient space to detail his perspectives here, except to say that he inextricably linked the impact of the pandemic to geopolitical dynamics. The wide-ranging conversation included his thoughts on the blended, and very much globalized business and political outlook of countries like the United States, China, and India.
“Countries are increasingly going to have to decide who they’re aligned with, and that’s going to be challenging for many countries in the world that would much rather have a foot in both systems,” he said. Even as he acknowledged the fast-changing challenges COVID-19 posed worldwide, Bremmer was optimistic about the private sector’s ability to alter the path of the threat.
“We’ll do it not just because of our government, but because of the private sector, our CEOs…because our entrepreneurs are among the strongest in the world and they will row together,” he said., Bremmer also praised the “robust” and “extraordinary cross-border function” collaborative response of organizations outside of government.
“Suddenly we’re going to get this kind of response from outside the federal government, which does have the ability to move very quickly. It’s responding to the coronavirus in the universities, researchers, as well as the private sector…to get data out, medicines that respond to coronavirus, build a vaccine…in a way like nothing humanity has ever seen,” he said.
We’ve been talking about real-time for a while, but it’s taken on a whole new meaning in a world rocked by COVID-19. Supply chain efficiency will be among the thousands of business practices redefined by a pandemic that promises to leave no business norm unscathed. Organizations can and will fix this for the better.
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