LEARNINGS FROM PANDEMIC COVID-19

With lot of flip sides of COVID-19, forced break- affecting majorly the humans and economy & forcing the entire human community on the Globe to review & think afresh than only thinking of growth in size, scalability, Success, Sales, Profitability and Economy measure GDP. In this forced break, upside reviews and thinking are happening in different directions. In this pandemic bio-disaster, entire Human life chain is impacted & threatened across the globe, unlike natural calamities and disasters havoc to earthy creations and men-made creations restricted to some kilometers of geographical location. Notable points are -

1)          Life and good health are important than any other thing on this Earth.

2)           Simple Life style with hygiene and nutritious food.

3)           Feelings when humans are caged, animals and birds roaming with freedom in clean environment? How imprisoning and caging impacts the behavior, psychologies and lives of animals, birds and living creatures those are caged and killed barbarously for fun and satisfy taste buds?

4)           People got to live with their own relations, learning & performing new life skills, reviving the hidden talent than only earning more and more.

5)          Uncontrolled Growth at what cost? The destructions and damage done by humans to the environment, nature & harming other living beings. 

6)           Empathy towards human life.

7)           Contingencies, BCP (Business Continuity Plans), DRP (Disaster Recovery Plans). 

8)           Deep reach enabling Support of Technology in BCP.  

9)           Review Risk mitigations & sourcing strategies – a well said saying “Do not keep all eggs in the same basket” i.e. exposure to risks of Centralization.

The high dependence & reliance on Single Location of supply, making China as a hub for manufacturing by Business Houses and SCM - sourcing teams world across to meet requirements with scales of economies and volumes resulting in centralized capacities generation & unbalanced global economic growth.

10)         Outsourcing model approach of working- How much to outsource, control & govern vs. in-house capabilities? – Balancing need.

11)         Nations preparedness for handling such emergency situations by Medical Health teams and facilities, administration & internal security system.

12)         Country Leadership capabilities and public cooperation. Timely and swift decisions, communications, actions, implementations to mitigate black swan like situations with formation of Emergency Response Teams & Task Forces. 

13)         Future of working and production environments.

14)        Too much manufacturing of fancied undesirable items clogging the world.

15)        Identify and select right source of information than false alarms, copy paste from the unreliable sources floating in electronic media.

Financial requirements and Job market will be back in market, once the moment pick up after recuperating time. These are resources and depend on money circulation & engagements.

Can we call it a normalization & curing time? Wash, beat, lights, treat KOVID-19

A great & immense learning!!!