WILMOT JAMES: A plea for effective risk management
The coronavirus has shown how extraordinary events can disrupt life. We must prepare for these
18 March 2020 - 15:04
In a visionary World Economic Forum monograph titled Outbreak Readiness and Business Impact, then Global Fund head Peter Sands recalled: “During my time as CEO of Standard Chartered I saw first-hand how infectious disease outbreaks like Sars, Mers and Ebola could wreak havoc on business.
“Customers avoided public places such as restaurants, shops and cinemas. Staff struggled to get to work, fearful of public transport and needing to look after their children once schools were closed. Supply chains and basic services faltered, as pressures and blockages built up.”..
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