Coroneconomy Forecasting the economic impacts of the coronavirus is a first step toward developing policies to mitigate its negatives. At this juncture, forecasts for the disease’s impact on China’s economy has gone 6 percent in the first quarter to 4.3 percent, then to -5 percent, -6 percent, and if you are really pessimistic, there is Bloomberg Economics’ prediction that it will suffer an 11 percent contraction. The number of cancellations from sports to automobile manufacturing is unprecedented. The Japanese government can’t seem to bring itself to cancel the summer Olympics scheduled to begin in four months, likely because it would deepen the country’s recession. Moving forward with the games would give an...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.