Businesses can prepare for future crises like the coronavirus pandemic by implementing a robust crisis management plan. This includes identifying potential risks, developing contingency plans, investing in technology to support remote work, diversifying supply chains, and maintaining strong cash reserves. Regularly updating and testing these plans is also crucial. Additionally, businesses should focus on building strong relationships with stakeholders, including employees, customers, and suppliers, which can be invaluable during a crisis.
What will the world of business look like after the coronavirus pandemic? The pandemic will accelera...
View summary