Different benchmarks for businesses

Following trends: Workers at a food production line. Companies should observe consumers’ shift towards mindful consumption and find a way to support the trend.

ONE of the things that have become apparent during the pandemic is that many companies were vulnerable to disruptions due to old business models and practices.

For example, the widespread practice of outsourcing in the early 2000s had led to high degrees of specialisation and dependencies on an integrated global supply chain. This may have further perpetuated supply chain shocks when borders were closed and movements restricted to curb the spread of Covid-19 last year.