In an interview with PeopleMatters, a leading resouce on all things related to people and work, Professor Venkat Venkatraman, David J. McGrath jr. Professor of Management is asked to answer the question: How are organizations leveraging technology to battle COVID-19 especially in the context of the workplace?
The economic impact of COVID-19 is unprecedented. There’s no other way to put it. Any comparison to prior events—The Great Depression, WWII, 9/11 or the 2008 Financial Crisis—misses the point completely. This is unprecedented in scale, scope and speed. It’s global in scale—hardly any part of the global economy is unaffected. Its scope is deep and wide—pretty much everyone is affected across sectors and demography and for longer periods. And what’s particularly interesting is the speed at which these changes have happened—a matter of months, not years like with previous crises.
