New Delhi, April 8 -- As businesses across the world find themselves in the midst of complex challenges due to the COVID-19 pandemic, experts suggest that having a robust strategy, including a "war room", set up in which a small dedicated team is empowered to take quick decisions and execute them, may help businesses sail through the crisis.
As the situation is changing every day in every region affected by the pandemic, business leaders should resist from overreacting, said three senior executives associated with the Boston Consulting Group.
Writing for the Harvard Business Review, the authors said that relying only on news reports can sometimes lead to wrong decisions as these reports often rely on current situations and tend to miss th...