India’s Covid Surge has a Fat Tail for Australian Companies
As Covid19 variants continue to emerge, the cause of which can be fairly placed at a lack of social distancing and slow vaccine rates that allow ‘mixing’ of viral strains in social settings, India is on the brink of a healthcare collapse and the implications for Australian companies, especially in the tech sector, are huge.
Technology companies in Australia are going to be impacted by the disastrous human cost now ripping through India. With a new India Covid19 variant emerging and a healthcare sector on the brink of collapse, Australian technology companies that have outsourced software development and call centre operations into the subcontinent are about to discover the organisational cost.
The manufacturing sector discovered and is still impacted by supply chain collapse as China went into shut down. Having outsourced significant component aspects for almost a two decades, the shut-off caused by China’s near full shut down of key supply chain cities has been a massive wake up call for many manufaturers here in Australia. The lack of domestic supply, of in particular, key health consumables has also been a whack over the side of the head for Governments.
For the tech centre, India’s massive spikes in infections means that key personnel, subcontracted employees and Indian base suppliers may be lost to the pandemic, or at least sidelined. Projects in development will be delayed or lost. Plans for actions no longer valid. Cintingencies plans for such an outcome (not the ‘event’ of a pandemic but for an outcome of ‘denail of access to’) should have ALREADY been drawn up.
In my work with companies over the past two decades I know that many will be in panic mode and playing catch-up to strategic plans too thin on thinking and too limited in scope. Wildcard events would barely have drawn energy at the Board table or senior management room.
If you have operations in India you have no choice. You need to get ahead of where this is going and whilst there’s still a small window for options, go through that window. The Indian Government’s denial of the pandemic, it’s recalcitrance in taking action and following medical advice to minimise the spread, is a decision that now impacts your business. The question for many Board rooms right now is ‘what are we going to do about it?’
Here’s a great bit of coverage from Foreign Policy that I recommend
If you followed my numerous posts over the years you know I like jumping in early on new products or services – not all have been successful, especially on Kickstarter and Indiegogo, but you roll the dice sometimes and see what happens. Over the years Looking Up Feeling Good was an early community investor in…
Read More >In the 1760s Josiah Wedgwood changed forever the nature of workplaces. He expanded his pottery business and constructed a new large scale factory that required two critical elements: a) Systemisation of processes to ensure consistent high-quality outcomes b) Skilled workers on site The systemisation required experimentation, observation, trials, failures and recording of data – what…
Read More >We’re delighted to announce that Neuro-Psychologist Dr. Kim Hazendonk of Positive Brain has accepted our offer to join our elite speaker’s group. We’re looking forward to bringing her to more groups across Australasia as she discusses effective workplaces, positive mind management, and managing busy lives. If you have a need for an engaging and passionate…
Read More >I flag my bias towards the need for a vastly improved approach to managing staff in the work environments. V A S T L Y improved. I’m still surprised at how clunky, disorganised or naive some senior managers are when it comes to that part of the business that considers ‘people’. And rather than cover…
Read More >An interesting public workshop in Perth in the first week of October introducing a varied group to the Organisational Evolution model. The Org-Ev is the model I developed for the start up of The Australian Strategic Planning Institute in conjunction with Steven Bowman. Given the diversity of the group, there were a number of surprises…
Read More >A note for those of you in Perth that there are just 4 spaces left for the Introduction to the Organisational Evolution Model workshop at Adina Apartments in Perth. The Org Ev model has been designed to enhance Strategic Planning and decision making and this introductory workshop is aimed at those looking to attend the…
Read More >Later this month I’ll be facilitating a scenario session looking at the potential impact of a long standing heatwave event for the City of Greater Dandenong here in Australia. Heatwaves kill more people than any other weather event. By a long way. Importantly they also have a ‘fat tail’ with physical impairments to individuals often…
Read More >Looking Up Feeling Good will be running an workshop on the Organisational Evolution Model in Perth. The Org-Ev model has been used by a wide number of agencies across almost all industry sectors, and was originally developed for the Australian Strategic Planning Institute. The workshop is limited to 25 people and will take place at…
Read More >Looking Up Feeling Good are delighted to be associated with the Victorian over 55 2s at the National Masters Championship coming up in Perth in a few month’s time across September and October. We wish all players well
Read More >If you’re involved with setting policy, allocating funding, designing products or services and delivering on them, then one book you simply must have read is the absolutely astounding ‘Invisible Women’ by Caroline Criado Perez. What Perez has done with this book is ALL OF THE RESEARCH you need to have available to you when you…
Read More >