“Look for the bare necessities, the simple bare necessities, forget about your worries and your strife.” Words of wisdom uttered by Baloo in Rudyard Kipling’s The Jungle Book.
This sage advice has never been more relevant especially in today’s corporate world that is ravaged by a crisis the likes of which the world hasn’t witnessed in over a 100 years.
The United Nations Conference on Trade and Development estimates that the pandemic related global economic slowdown might result in losses close to $1 trillion in 2020.
Never before has an entire global economy been shut down and reopened in the midst of an erupting global pandemic. Outbreaks like Ebola and Zika were limited to certain parts of the world only and were contained within these regions.