A Plan for Facing the Long COVID Winter
The worst of the pandemic could still lie ahead. We need a new approach to save lives and livelihoods.
Related Expertise: Leadership Development, Public Sector, Health Care Payers, Providers & Services
Now more than ever, business and government have a crucial role to play in protecting people’s health, bolstering the economy, and developing both practical solutions and game-changing innovations. At BCG, we’re working with companies and public-sector organizations around the world to manage the impact of the coronavirus, with actions ranging from rapid responses to more fundamental, strategic shifts. We’re also helping leaders look much further ahead and envision how the crisis will continue to affect the competitive environment and what society will need in the coming months and years. This page is updated frequently with the latest COVID-19 information and insights.
The economic impact of the coronavirus calls on leaders to step up on multiple fronts: attending to people’s immediate needs, ensuring the health of the business, scanning the continually changing business and societal landscape, and positioning the enterprise to thrive in a new normal.
The worst of the pandemic could still lie ahead. We need a new approach to save lives and livelihoods.
We're not out of the woods yet, but a closer look at the particularities of this crisis reveals opportunities for the future.
Learn how your company can hold onto the valuable productivity gains made during the pandemic.
To address flaws exposed by the pandemic, companies should accelerate efforts to revamp their worldwide manufacturing and sourcing networks—even if that means extra cost.
Our second global survey reveals that CFOs are more optimistic than they were in April; nonetheless, they are still working hard to keep their businesses viable in the crisis..
Revenues are down and will likely remain so for the rest of the year. But don’t panic. With a systematic day-to-day tactical response, companies can survive the crisis and thrive in the rebound.
Younger generations’ buying habits will have a huge impact on the future direction of the global economy. But which of their current preferences have staying power?
BCG’s recent survey of nearly 700 IT buyers across industries found that the dynamics of demand are evolving. Vendors must ensure that their sales tactics are suited to the new environment.
Some companies rallied amid the crisis and have emerged from lockdown with fortitude, prepared for the tough road ahead. What did it take—and how are they mobilizing for the new reality? Here are the most critical actions and a sampling of the world’s success stories.
Beyond Great
How to build sustainable business advantage in a world where great is no longer good enough.
After a rough July, consumers are regaining their equilibrium—and their optimism—as they look toward resuming activities that COVID-19 has forced them to forgo.
Many retailers are in the process of reopening their doors to a changed world. The COVID-19 pandemic has altered what consumers are looking for and has driven an even more radical shift in how they shop to meet those demands.
The online-shopping wave is about to crest, so it's time to get creative with new strategies for attracting and serving customers on digital channels.
Recovery from the COVID-19 crisis requires a radical business redesign. Brands must cut operating costs, boost e-commerce, and invest for the future.
Young, tech-enabled companies have done remarkably well during the COVID-19 period, offering crucial lessons about the value of creativity, agility, and discipline.
The COVID-19 pandemic is radically transforming grocery retail business models. Winning companies will be best at distinguishing permanent trends from those that are temporary.
COVID tests, risk color-codes, quarantines, and contact-tracing software will become standard parts of international travel for the next few years.
Reducing exposure among those who are vulnerable to adverse health outcomes will benefit the healthy, the economically vulnerable, and society overall.
As countries begin to lift restrictions on social interaction, effective deployment of contact tracing will be a critical weapon in the battle to contain COVID-19. But it won’t succeed without privacy safeguards and the right incentives for adoption.
COVID-19 has massive implications for governments, including increased demand for public services and the need to improve resilience. To adapt, leaders must rethink governments’ roles and processes.
Managing Director & Senior Partner, Chairman of the BCG Henderson Institute
San Francisco - Bay Area
