Financial services
November 5, 2020
Businesses need new management models amid the lingering pandemic. Image credit: Unsplash
By Ellen Kelleher
COVID-19 has undermined the most basic assumptions of how to run a business, forcing companies to come up with entirely new business models to survive, according to McKinsey.
{"ct":"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","iv":"a4dd2bbf856617dfc4adf269bdc5bd7f","s":"5e77a67984f96765"}
Share your thoughts. Click here