COVID-19 and Business: Impact and Response

The COVID-19 pandemic will have significant and lasting impacts, not least in the world of business. “We are looking at an entirely new world,” according to Andreas Hoepner, Professor of Operational Risk, Banking & Finance in the UCD  College of Business.

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In an Irish Times article, Prof. Hoepner and his colleague Prof. Brian Fynes assess the huge operational risk businesses are exposed to as a result of the pandemic, consider the outlook for companies that are focused on effectiveness versus those focused on efficiency, and discuss the importance of strategic supply chain management at this time.

The College of Business has also launched the UCD Business Impact Podcast, in which thought leaders from academia and industry will discuss the most compelling issues facing society from a business perspective. In the first episode, Ireland’s leading expert on corporate governance Prof. Niamh Brennan discusses the financial implications of the COVID-19 crisis.