Posted by Alumni from WEF
October 13, 2020
Ten months ago, the first cases of COVID-19 were detected. In the time since, companies, supply chains and entire economies have been disrupted and forced to adapt to a "new normal" where change is constant, and agility is critical. More than 48% of respondents in a recent Forum survey of the world's top risk experts said they were most worried about a disruption of global supply chains. Another Forum report states that the COVID-19 crisis has impacted more than 75% of the world's manufacturing outputs. As important as it is to address immediate needs and concerns while COVID-19 case rates fluctuate around the world, manufacturers must prepare for recovery and the Great Reset ahead. “Now more than ever, industry leaders have realized that they need to transform towards agile and sustainable manufacturing. Companies must be ready for a skill shift with a rising demand for technological, social, and higher cognitive skills.” Even before the pandemic, labour flexibility, digital... learn more