COVID-19 and Business Resilience
COVID-19 and Business Resilience Future is uncertain by its very nature. The key to business success, and perhaps even survival, lies in the ability to overcome and mitigate the challenges in tough times. The last two decades have seen multiple recessions in the world such as the dot-com bubble of the early 2000's, the 9/11 Recession in 2001, the housing market crash of 2003, the automotive crisis in 2008 and most recently the COVID-19 impact which has impacted economies all over the world. Can technology come to the rescue given that everything seems to be in a stand-still? Rise of the Pandemic The COVID-19 disease was first identified in December 2019 in Wuhan, the capital of China's Hubei province, when China reported a cluster of 41 cases with mysterious pneumonia like symptoms. Late February saw the disease spread outside of China to South Korea, Italy, Iran and even the United States. As of April 18th, there were more than 740,000 cases in United State