Over the past several months, in the context of business strategic and tactical planning, the most common question I’ve been fielding has been, “So, Gustavo, what comes next?”
My simplest answer is, prepare for cycles of “suppress and lift.”
“Suppress and lift” is not a term I created. It comes from a prescient opinion piece by Dr. Gabriel Leung, an epidemiologist from the University of Hong Kong, published by The New York Times in April.
As Leung explains, the pandemic will die out only when at least half the world develops immunity to Sars-CoV-2, the virus that causes COVID-19. This can occur in one of two ways:
Leung details how the first option would be a humanitarian catastrophe because of the number of deaths. The second option is at least one or two years away.
So he suggests that we should prepare for cycles of “suppress and lift”: the imposing and lifting of social constraints in a way that balances virus control and economic needs.
Remember, Leung communicated this back in April. The evidence has proven him to be spot on.
For example, consider countries that controlled the virus early – China, South Korea, Singapore, Germany, etc. Some areas of those countries lifted social constraints too early. When they did, the virus re-established itself, which led to another period of suppress.
In our own country, we see infection rates soaring in states that lifted social constraints early – like Florida and Georgia – compared with states that initially had high infection rates and waited to lift restraints, such as New York.
What Does All of This Mean for Business?
As leaders in business, we must prepare for cycles of suppress and lift. That means we can no longer operate with a single business model. We now need TWO: one for periods of suppress and a second for periods of lift.
To do this successfully, we must understand:
As my favorite astrophysicist, Neil deGrasse Tyson, Tweeted on April 25, “Every disaster movie begins with a scientist being ignored.”
Let’s all NOT be part of a disaster movie!
I’d love to hear your questions and comments. If you would like to discuss this topic further, just drop me a note.
Let’s keep cultivating our culture, together!