
As interest in access to the latest insights on pandemic and the novel coronavirus (COVID-19) grows, GC Capital Ideas is adding a new feature to provide more direct access. You can click on the “Pandemic” hotspot on the banner atop GC Capital Ideas homepage, or click on the link below.
Click here to access the new GCCI Pandemic Tab >>
Additionally, here are some of our recent posts covering pandemic:
How to Put People First As the Coronavirus Outbreak Grows >>The ongoing novel coronavirus (COVID-19) outbreak has dominated headlines and captured public attention over the last several weeks. And with good reason: Thousands of cases and hundreds of deaths from the virus have been confirmed globally, according to the World Health Organization, which has declared the outbreak a public emergency of international concern.
Coronavirus Is Rupturing Global Supply Chains >>The coronavirus (COVID-19) outbreak in China will harm the world’s gross domestic product growth since China accounts for 15.4% of global products and services produced. Approximately 500 manufacturing facilities are located in Wuhan, the epicenter of the outbreak, where quarantines are forcing plants to shut down or slow down. Many firms are issuing earnings warnings, and major banks are predicting that both China’s GDP growth and global GDP growth will slow in 2020, according to Michael Lierow, Partner; Cornelius Herzog, Principal; and Martin Zollneritsch, Senior Manager, at Guy Carpenter affiliate Oliver Wyman.
The Impact of the Coronavirus on Business >>: Pandemics top national risk-management frameworks in many countries. For example, pandemic influenza tops the natural hazards matrix of the UK National Risk Register, and emerging infectious diseases are tagged as of considerable concern. Seen as a medical problem, each outbreak of a potentially dangerous infection prompts authorities to ask a rational set of questions and dust off the menu of response options that can be implemented as needed in a phased manner, according to Richard Smith-Bingham, Executive Director of Insights at Marsh & McLennan Advantage, and Kavitha Hariharan, Director at Marsh & McLennan Insights.
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