COVID-19 Scenarios: Implications on Philippine Business

The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. It also has a growing impact on the global economy.

Through this webinar, McKinsey & Company aims to provide business leaders with a perspective on the evolving situation and implications for their companies. It will present Covid-19 scenarios that look into delayed recovery which gives the virus full credit for exponential growth while assuming that humans will not be able to respond effectively or prolonged contraction where the virus does not prove to be seasonal, leading to a long tail of cases through the rest of the year.

The coronavirus crisis is a story with still an unclear ending. What is clear is that the human impact is already tragic, and that companies have an imperative to act immediately to protect their employees, address business challenges and risks, and help to mitigate the outbreak in whatever ways they can.

On this webinar, we will be joined by McKinsey & Company experts, Mr. Jeongmin Seong, Partner, McKinsey Global Institute (Business and Economic Research Arm) and Ms. Kristine Romano, Managing Partner, McKinsey & Company, Philippines.

Specifically, the presentation is outlined as follows:

• The Situation Now
• How this might Unfold: Scenarios and the Path Forward
• A Deep-dive: Local and Sector-specific impact
• Actions for Institutions: Acting Across 5 Horizons

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