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How would a pandemic impact my organization?
Decline in travel and leisure activities17
As a pandemic spreads, international travel would dramatically decline as
people avoided flu "hotspots" and governments restricted travel. In all
likelihood, people would quarantine themselves and their families by
staying at home more. Nonessential activities requiring social contact
would be sharply curtailed, leading to significant declines in retail
trade. People would avoid public places, such as shopping malls, community
centers, places of worship, and public transit. Attendance at theaters,
sporting events, museums, and restaurants would decline.
Schools and business would suffer17
It seems likely that many schools would close, and even if they did not,
attendance would fall dramatically as parents kept their children at home.
In either event, large-scale school closings would lead to a spike in workplace
absences because parents would stay home to care for their children even if
they were not sick. The impact on businesses of all kinds due to employee
absenteeism would be dramatic.
Supply-side impact17 |
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Lost Employee Productivity
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- Increase in absenteeism due to illness, caring
for sick, and social distancing policies; could reach 40%
during peaks
- Risk that some companies do not have capacity to support increases in telecommuting
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Disruption of Supply Chains
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- Disruption of transportation networks that limit ability to receive and distribute goods
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Operations and Facilities Shutdown
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- Increase in absenteeism due to illness, caring for sick, and social distancing policies; could reach 40% during peaks
- Inability to maintain operations because of shortages of staff, shortages of supplies, or a slowdown in servicing utilities
- Closure of facilities due to implementation of policies to contain the pandemic (e.g., social distancing)
- School closings would likely happen very early in a pandemic and could occur on short notice
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Demand-side Impact17 |
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Drop in Demand for Products and Services
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- Certain companies will see drops in demand for products and services
- Reduction in customer base due to illness
- Customers likely to avoid public shopping areas, restaurants, entertainment facilities, etc
- Potential decline in income and discretionary spending as businesses are forced to halt operations
- Closure of facilities due to implementation of policies to contain the pandemic (e.g., social distancing)
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Learn how you can help protect your organization.
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