Opinion: MENA startups vs. black swan

Opinion: MENA startups vs. black swan

Black swan is a test of adaptability.. The word of the crisis (and any crisis )-whether for us citizens who have to abide by the rules and restrictions of our governments or for the companies and businesses in our local and international environments-is adaptability.. The black swan event definitely favors businesses that possess strong organizational agility and alignment.. Disclosure: Some of the companies belonging to the high-risk zone of the diagram might not really be affected negatively if they are able to adapt.. If the business model is flexible, the companies can wait things out.. Many Gulf countries lifted bans on Zoom, Skype for Business, Microsoft Teams and others.. As we are now embracing e-baskets over regular trolleys, online grocery delivery platforms face a doubled or tripled surge in online orders.. Although this unprecedented growth of new customers and service users may cease once the crisis is behind us, we believe that it will ultimately change certain consumer habits..