Are you stuck in work from home mode due to Coronavirus? It is the new plague. Everything is changing; nothing will be the same. Okay, maybe that is slightly melodramatic. Be that as it may, we are living in historic days. What is particularly interesting to see is how the workforce is responding to the challenges that accompany global pandemic. Everyone who is not considered a part of the essential goods and services workforce must stay home and figure out how to deal with the economic consequences of that later.
Globalization is great for business. Technology allows us to make calls, send emails, and board planes in order to attend meetings on the other side of the country and still be home by bedtime. Thanks to the ever-increasing developments in technology we can conduct business on the other side of the planet without leaving the comforts of our home office. As an entrepreneur myself, I could not run my business without the capacity for fast, international trade of goods and services. Yet it is this globalization that is proving to be the largest threat to supply chains during this time of crisis during the COVID-19 pandemic of 2020.