Modelling the course of the crisis
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Bain & Company have combined official data and their own modelling methods to create the Situational Threat Report (SITREP) Index, which advises companies on the measures they should be implementing and the disruption they can expect in response to the coronavirus. The level currently sits at 6 out of 10, meaning that businesses should already be implementing first-level contingency measures such as restricting all non-essential travel. The expected impact on the global economy is set to worsen over the coming weeks and Bain & Co. will continue to monitor the pandemic’s effects and update the index accordingly.
Source: Bain & Company