Combating coronavirus – how business needs to react
Rarely has a new disease made such a dramatic arrival.
As 2019 drew to a close, a spate of unusual illnesses in Wuhan, China were detected, described at the time as an ‘unidentified pneumonia outbreak’. But within days, a novel coronavirus, thought to be similar to the viruses behind SARS and MERS, flared into an outbreak, then an epidemic.
Now, with the World Health Organisation declaring the spread of virus Covid-19 a pandemic, the impact of tens of thousands of cases are being felt not just in hospitals but on global stock markets and in the risk management meetings of business leaders everywhere.
So with fear posing as significant a threat to economic confidence as an actual outbreak of disease, what are the steps businesses need to do to combat rising panic?
Baker Tilly experts across the globe are helping companies prepare.