ECON University of California Los Angeles Business Environment Discussion

Companies develop strategies to position itself for the future. It always has to start by taking a hard look at yourself – your mission and vision, your internal strengths and weaknesses and of course external/industry environment in which you operate. Now everything has to be in the context of the pandemic which is reshaping our economy and our lives. Nothing is going to be the same anymore —some areas of our lives and the world could actually be better.

In spite of all the moments of despair, new innovations are taking place and record number of new companies are being set up. While we failed miserably in managing the initial phases of COVID-19 crisis, we are leading the world developing and distributing vaccines. What are your thoughts?