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":"1a025ffcce9ca43039cb7c5b32314ab4","s":"af3b901056d090f1"}
Share your thoughts. Click here