Restarting Societies and Economies—Safely
In the global battle against the novel coronavirus, the world is at a delicate transition point. Although the fight is far from over, extraordinary efforts have allowed many countries to flatten the curve of new cases and enabled others to reduce the number to nearly zero.
Now, the challenge is for countries to open up society and restart the economy—but without sparking a new wave of infections and deaths. It’s a task that will require a concerted and coordinated effort on the part of all stakeholders in the private, nonprofit, and public sectors.
BCG has been working with our clients around the world to fight COVID-19 and help them face the multidimensional challenges of what is fundamentally a new reality. In the weeks ahead, we will be sharing what we are learning about scenario planning and other topics.
Reducing exposure among those who are vulnerable to adverse health outcomes will benefit the healthy, the economically vulnerable, and society overall.
CEOs should respond proactively, act decisively, and provide a clear agenda. Focusing on five priorities now is key.
Three strategies for fighting the coronavirus and restarting economies have emerged. The most popular one is the most unstable.
This five-pronged approach to reopening has proved to be effective, even as companies tailor their return to their specific culture and context.
Governments must start planning for a post-COVID-19 world that brings bigger benefits to more of society and business. Three priorities stand out.Read the article