According to Tompkins International, business leaders today face unprecedented levels of VUCA, a U.S. Army term for post-Cold War chaos marked by volatility, uncertainty, complexity, and ambiguity (VUCA), Tompkins said in a white paper titled “Restarting the Economy: Guidance for Public and Private Leaders.” Under those conditions, policy makers cannot safely reopen public markets before they apply battlefield triage practices to determine whether certain business sectors must be saved, paused, or even closed, he said.
“While we would all like to believe we can go back to the way things were and resume ‘business as usual,’ it’s not that simple,” Tompkins said in a release. “The Covid-19 pandemic has fundamentally changed life as we know it, and businesses—and the government—need to be prepared for what will become the ‘next normal.’”
The “next normal” will certainly include lots of testing. Both testing for the disease and testing for the anti-body test. The Northeast region may get a boost in this area from the new seven-state coalition put in place to buy medical supplies and PPE. Governor Cuomo said this will drive down prices and increase supplies.