Tag: pandemic

One of the medical industry’s greatest challenges during the pandemic was the production and distribution of medical supplies and personal protective equipment (PPE). Medical device and product companies were thoroughly unprepared. The closing of national borders, operations, plants, and enforcement of new restrictions led to hundreds of supply chain links breaking, causing shortages in medical supplies and prices to soar. This pandemic has revealed the fragility of global supply chains...

The pandemic caused a sudden call for business leaders to adapt, transition, and readjust to new short-term and longer-term challenges. During the initial period of uncertainty and anxiety, business leaders were mostly in a reactive, tactical mode, navigating the chaos by prioritizing tasks and executing well.  After the initial chaos, some businesses were able to proactively identify new opportunities and assess longer-term threats.  All of this resulted in organizational change,...

As the COVID-19 pandemic continues to keep people away from stores, more and more consumers have turned to the Internet to satisfy their shopping needs. Whether it’s buying out Amazon’s entire stock of hand sanitizer or ordering groceries online, eCommerce has seen a significant increase over the past few months. Total U.S. online sales reached $73.2 billion this past June, up 76.2 percent from just a year ago. There’s no...