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Covid-19 News Coronavirus Updates

Covid-19 News Coronavirus UpdatesWhat happens to a company when the unimaginable occurs? As the coronavirus continues to spread and the number of infections surpasses 100,000 worldwide, the MIT Center for Transportation and Logistics (MIT CTL) has taken a close look at how companies are responding and how they should be responding.

The Impact of COVID-19 on Business

 Yossi Sheffi, Professor of Engineering at MIT and Director of the MIT Center for Transportation and Logistics, has argued in The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage (MIT Press, 2005) that a company’s survival and prosperity depend more on what it does before such a disruption occurs than on the actions it takes as the event unfolds.

Ten years later, he published The Power of Resilience: How the Best Companies Manage the Unexpected (MIT Press, 2015).

In this webinar, Professor Sheffi will focus on the here and now. He will explore the COVID-19 disruption in the context of past disruptions and explain what companies should be doing now as the epidemic is spreading.

Can the actions of central banks limit the economic impact of the coronavirus? Are financial markets predicting a global recession? "Panic is beginning to hit financial markets right now," says Andrew Lo, professor of finance at MIT's Sloan School of Management: "I suspect things will get worse before they get better."

He adds: "It's going to be a very challenging set of market conditions for investors to navigate through over the next few months—we all need to buckle up." In this webinar, Professor Lo will address the changing global economy since the outbreak of the coronavirus, its impact on global financial markets, and what executives need to watch for as the coronavirus crisis plays out.

 Andrew W. Lo is the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management, director of the MIT Laboratory for Financial Engineering, a principal investigator at the MIT Computer Science and Artificial Intelligence Laboratory, and an affiliated faculty member of the MIT Department of Electrical Engineering and Computer Science.

He is also an external faculty member of the Santa Fe Institute and a research associate of the National Bureau of Economic Research.




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Chrisville Beats: Covid-19 News Coronavirus Updates
Covid-19 News Coronavirus Updates
What happens to a company when the unimaginable occurs? As the coronavirus continues to spread and the number of infections surpasses 100,000 worldwide
Chrisville Beats
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