Will Pandemic act as a Catalyst for planning in future? Discuss in process of planning indetail considering the given situation.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Q. 7'Sitting back and doing nothing', and waiting for the universe to show the way is not a luxury any
of us can afford. If there is one thing that the Covid-19 pandemic has taught the world, it is that
everyone needs to plan not just for the unexpected, but the unimaginable. Governments, Companies and
even individuals need a plan, to deal with a situation when the world as you know it stops working the
way you expect it to. From governments to corporates to individuals, worldwide lockdowns, and the
disruptions they have caused in their wake, have made them realise how interconnected their activities
really are and how a disruption in one part of this complex chain can have unimaginable consequences
elsewhere.
Will Pandemic act as a Catalyst for planning in future? Discuss in process of planning indetail
considering the given situation.
Transcribed Image Text:Q. 7'Sitting back and doing nothing', and waiting for the universe to show the way is not a luxury any of us can afford. If there is one thing that the Covid-19 pandemic has taught the world, it is that everyone needs to plan not just for the unexpected, but the unimaginable. Governments, Companies and even individuals need a plan, to deal with a situation when the world as you know it stops working the way you expect it to. From governments to corporates to individuals, worldwide lockdowns, and the disruptions they have caused in their wake, have made them realise how interconnected their activities really are and how a disruption in one part of this complex chain can have unimaginable consequences elsewhere. Will Pandemic act as a Catalyst for planning in future? Discuss in process of planning indetail considering the given situation.
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