Restarting the Economy

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Published May 4, 2020

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Guidance on the Backside of the Disruption

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This IISE Global Webinar of the Month focuses on providing guidance to Leaders, Managers, Engineers (ISE’s) who are working to figure out how to adapt, reinvent, reengineer, innovate as we prepared to do business in very not normal conditions for the next 2 plus years. Jim will share practical thoughts on how organizations can plan for and execute on all the attention to detail logistics issues associated with evolving back to business not so normal. Read below for more from Jim about his strategy for the Webinar.

The “Disruptor of the Year” award for 2020 will clearly go to COVID-19. The public health ramifications of the coronavirus are like a gigantic global earthquake that has shaken all lands and people. Rightfully, the whole world has been focused on understanding, controlling and avoiding the health risks associated with this pandemic by implementing stay-at-home orders, closing non-essential businesses and more. As is often the case, earthquakes beget tsunamis, and this gigantic global earthquake has spawned an enormous tsunami that is wreaking havoc on the global economy. This webinar is not about the COVID-19 public health earthquake, but rather about the COVID-19 economic tsunami. The facts are that lifting government restrictions like the stay-at-home orders and closing of non-essential businesses does help prevent more waves from washing ashore, but it does not repair the damage that has already been done. Restarting the economy requires much more planning and execution than just lifting the restrictions. This webinar explains how companies fall into four different categories based on business performance and industry standing prior to and during COVID-19, and the specific steps and strategies each category must pursue to restart operations and help boost the economy.

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