Imagine a pond with a single lily pad. Each day, the number of lily pads doubles, and in 30 days the pond is covered. On what day was it half covered? 1% covered? The answers are day 29 and day 24. >> Is COVID-19 Outbreak a Black Swan or the New Normal? https://sloanreview.mit.edu/article/is-the-covid-19-outbreak-a-black-swan-or-the-new-normal/">https://sloanreview.mit.edu/article/i...

We must understand that we’re all connected. .... Pure nationalism is frankly dangerous in the face of borderless issues like climate change, resource overuse, and, yes, pandemics. >> Is COVID-19 Outbreak a Black Swan or the New Normal? https://sloanreview.mit.edu/article/is-the-covid-19-outbreak-a-black-swan-or-the-new-normal/">https://sloanreview.mit.edu/article/i...

When in doubt, we should put people first. The first reaction to the virus, especially in the U.S., seemed to be about mitigating its effect on the stock market and economy. >> Is COVID-19 Outbreak a Black Swan or the New Normal? https://sloanreview.mit.edu/article/is-the-covid-19-outbreak-a-black-swan-or-the-new-normal/">https://sloanreview.mit.edu/article/i...

... some things organizations can do to reduce the risks to operations. They can build into their value chains some duplication and diversity — key principles of resilience in nature.... >> Is COVID-19 Outbreak a Black Swan or the New Normal? https://sloanreview.mit.edu/article/is-the-covid-19-outbreak-a-black-swan-or-the-new-normal/">https://sloanreview.mit.edu/article/i...

Let’s hope we pull together in time on all of these challenges and take the opportunity to build a more humane, compassionate, sustainable world. Please stay home for now and stay safe. >> Is COVID-19 Outbreak a Black Swan or the New Normal? https://sloanreview.mit.edu/article/is-the-covid-19-outbreak-a-black-swan-or-the-new-normal/">https://sloanreview.mit.edu/article/i...