COVID 19 – A Human and Economic Virus: COVID-19 has impacted the lives of every person on the planet. Now, after months of lockdowns and states of emergency, the global economy is starting to move again. However, the economic damage has been devastating and will have far-reaching consequences. According to the World Health Organization, there have been just over 12,552,000 confirmed cases of COVID-19 globally and 561,617 deaths (as of July 12). Comparatively, if we look at the impact of COVID-19 on international economic activity, the casualties to industries, countries, and jobs are staggering.
Earlier this year, governments all over the world were faced with a crisis that they had never experienced before and were forced to take drastic measures to protect their people’s health. Many countries, including Germany, New Zealand, and UAE, did particularly well at limiting COVID-19 cases because of their swift action and stringent containment and social distancing measures. But I believe all countries have displayed leadership and deserve credit for their measures – because, after all, no one could have imagined this was coming.
Big pharma and medical departments all over the globe are busy researching the COVID-19 virus in the hopes of creating an effective vaccine as soon as possible. But while they race to be the first to produce a vaccine or a cure, I believe it’s also vital that business leaders in all areas do the same for their industries. They should be asking themselves, what kind of vaccination does my business need? At UAS, we asked ourselves this question and set about making the changes we needed to minimize the impact. We made our workplace safer for employees by prioritizing social distancing, sanitation, and cleanliness. We got back to basics and focused on our business with real innovation, real problem-solving. This is what we must all do, focus on our own businesses, communities, etc. and use our imagination and experience to expedite recovery.
As the world tries to get back on track, our response is crucial. Even after as normal business activity resumes, economies and industries will continue to experience difficulties and challenges. Therefore, recovery will require the input of both medical and economical specialists to get us back to normal as quickly as possible. As long as there are people there will always be demand and need for products and services… we can find ways to ensure that the wheels of commerce continue to move if ever anything like this happens again. Like we are doing now in business, finding tailored solutions based on each unique circumstance. Hopefully, if we are ever in a similar situation, we can respond in a way that protects people while also limiting the global economic damage as much as we possibly can.
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