Can businesses recover from the crisis? Assessing scenarios, riding trends

Leslie Willcocks ()
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Leslie Willcocks: London School of Economics and Political Science

Journal of Financial Transformation, 2021, vol. 52, 94-101

Abstract: By 2020, five major long-term trends had been impacting international business. This article examines how the pandemic and related economic crises seriously disrupt these trends and will produce emergent, complex patterns. It then seeks ways forward. Establishing the point of departure, we look at public health and economic policy interventions and future scenarios. We assess the more likely global developments that businesses will need to prepare for. We suggest that the business challenge is to take into account six discernable emerging trends, and plan for and ride these as opportunities, rather than be overwhelmed by them.

Keywords: Business Disruptions; Resilient business models (search for similar items in EconPapers)
JEL-codes: M15 O33 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jofitr:1662

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