COVID-19 has sparked the worst global economic crisis since the Great Depression. Governments are now reopening their economies, but a full return to normalcy may not come any time soon. Faced with great uncertainty, companies need to focus on measures that make them more agile and resilient. To thrive in this environment, businesses should set three priorities: smart savings, smart agility, and smart resiliency.
In this executive viewpoint, we describe these three priorities in detail and offer a roadmap for smart recovery. The paper also offers a five-minute Recovery Readiness Assessment, which offers immediate customized feedback on your recovery readiness.
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