The business community has leapt into action to help fight the novel coronavirus pandemic. Automakers like Ford, GM and Tesla are retooling their factories to produce ventilators. 3M and GE Healthcare are working to boost production of masks, face shields and other protective equipment for healthcare workers. Even small-scale “makers” and volunteers armed with nothing more than sewing machines and 3-D printers are pitching in.
While these efforts are heroic, business leaders can’t simply snap their fingers and transform their production lines and supply chains overnight. It could take months, for example, for automakers to fully ramp up production of ventilators—well after the (first) coronavirus peak hits the U.S.
What can business leaders do to respond as rapidly and effectively as possible? . . .
Read the full article at Chief Executive