As COVID-19 continues to spread, business leaders are laser-focused on safety. That means postponing or canceling travel, sending employees home to work remotely, and even closing their doors when no other options remain. We’re already seeing a spike in layoffs for companies that are losing too much revenue to keep all of their employees on payroll.
Although business will eventually return to normal — or at least some new version of normal — it could take over a year. When it does, leaders will face the reality of a tougher marketplace, more demanding clients, and the need to innovate relentlessly.