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What the Swine Flu Could Mean for Business

April 27th, 2009 @ 12:00 pm

2 Comments

Categories: Managing Uncertainty

Tags: Business, Flu, Operational Planning, Supply Chain Management (SCM), Cyberthreats, Business Operations, Enterprise Software, Software, Security, Sean Silverthorne

If you thought the swine flu in Mexico wasn’t going to touch your business, you received a rude wake up call today from this headline in the NYT: Europe Urges Citizens to Avoid U.S. and Mexico Travel.

That’s not the news U.S. hospitality and tourism industries need to hear with the summer travel season just around corner. This new virus, if it expands, is likely to have all kinds of similar unwelcome effects on business. Are you prepared?

Harvard Business Review has just re-released its 2006 report Preparing for a Pandemic (written at the time of the avian flu), which is chock-a-block full of useful advice for thinking about and preparing for the worst.

Articles in the collection include:

A New Type of Threat: Preparing for the Disruption of Global Business
Preparedness: Pandemic Planning Checklist for Businesses
Modeling: Visualizing Your Vulnerabilities

As HBR puts it, the swine flu “may be relatively mild and quickly contained — or it could explode into a deadly pandemic that closes borders, severs supply chains, shuts down businesses and kills thousands… Companies need to be sure they have plans in place for the worst case.”

That’s not alarmism, just good business planning.

 
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    1

    WORLDWIDESHARES

    04/28/09 | Report as spam

    RE: What the Swine Flu Could Mean for Business

    Bulls, Bears, and now... Pigs and Porks


    Trouble never come alone.
    Not enough with an unprecedented financial crisis, with huge unemployment rates around the planet, and companies going into bankruptcy almost every minute ... that now, we have a flu problem.

    Not a normal flu healed with aspirines, but a pandemia. At least, that is what the media are telling us.

    Shall we prepare as the so acclaimed Will Smith character in I AM LEGEND ??

    Till last week, we were talking about BEARS and BULLS, now we have to talk about PIGS and PORKS.

    As I mentioned in my previous article " Play it again, Sam", let's see if media, politicians, authorities etc... behave in a rational way, and do not create unproportioned alarm.

    Stock exchanges are said to be down due to this flu, airlines stocks are tumbling, as well as leisure time companies... Nevertheless, GSK is up 6%, due to the vaccine is going to solve our problems with this porky flu.

    GSK and NOVARTIS. Obviously, pharma companies ready to sell out all their stocks of TAMIFLU and other drugs. It is ok, no problem.
    Experts say that if this flu becomes pandemic, the global turmoil will become worse and recovery will last even more than forecasted one week ago.

    Nice day today to announce that Citi and Bank of America will need to raise funds again.

    Stock exchanges in Europe are opening at this time, let's see what a rollercoaster session are we offered today...

    Meanwhile Obama's planes flew over Manhattan frightening the NYC community thinking of another 11-S. My goodness !!! What a nice view of the world we have !!!!

    CNN must be burning the engines in Atlanta with all these news, guauuu !!!!

    Optimistics always say that if the worst has come, then we can only improve. Let's hope so, at least if this is the worst that may happen.

    As an investor, I always say that even during the World Wars, people earned money, so let's go surfing today to see if we ride good pipes...

    BBVA has announced better than expected Q1 2009 results, so let's surf again with banks, ... Or, the flu will also affect them somehow ???

    DEUTSCHE BANK has also posted better than expected Net Profit, so it seems that some banks are going through the crisis better than the others.... So, what are we waiting for ???... Money burns !!!!

    At the end, if WE ARE LEGEND... What does money matters ???



    Jose Luis Revilla Escudero
    President
    WWShares, Inc
    www.worldwideshares.blogspot.com

  •  
    2

    new_sap

    04/28/09 | Report as spam

    RE: What the Swine Flu Could Mean for Business

    surely that's a good base for better tommollo Mr. Escudero

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  • Blogger Thumbnail Sean Silverthorne Sean Silverthorne is the editor of HBS Working Knowledge, which provides a first look at the research and ideas of Harvard Business School faculty. Working Knowledge, which won a Webby award in 2007, currently records 4 million unique visitors a year. He has been with HBS since 2001. Silverthorne has 28 years experience in print and online journalism. Before arriving at HBS, he was a senior editor at CNet and Executive Editor of ZDNet News.... more »

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