Abu Dhabi highlights impact of COVID-19 on global economy

Abu Dhabi highlights impact of COVID-19 on global economy

Photo used for illustrative purpose. Abu Dhabi School of Management owned by the Abu Dhabi Chamber held two webinars during UAE Innovation Month 2021. The webinars addressed the impact of COVID-19 on innovation and the global economy, along with wellness at work and responsible innovation. Many academics, entrepreneurs, economists and those interested in developing Human Resources in the UAE and abroad attended the webinars. Professor Leonardo Leiderman, a visiting professor at the Abu Dhabi School of Management and Professor of economics at the Coller School of Management and the Berglas School of Economics (Emeritus), reviewed the latest findings on the impact of the COVID-19 pandemic on global business and markets. He explained that the pandemic, as it has often negatively affected, has also created new opportunities for innovation, as many companies have had to promote innovation in their systems in order to keep up with the new normal and the sustainability of their business. Professor Leiderman addressed some important statistics from the analysis of the US management consultancy, McKinsey and Company, which stated that 90 percent of institutions and companies believe that the COVID-19 pandemic will fundamentally change the way they do business over the next five years. In addition,