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Business leaders in global poll say competition, technology, AI, and regulation are more critical challenges than COVID-19 and less than half of executives are highly confident in their ability to withstand disruptive forces
Despite the universal impact of COVID-19, global business leaders cited numerous disruptions to their business that are deemed more impactful than the pandemic. That s according to a report released today by AlixPartners, the global consulting firm. The 2021 AlixPartners Disruption Index surveyed global CEOs and executive leaders to examine attitudes toward the forces that reshape business. Business leaders say that new and evolving competition, technology-impacted processes, and regulation are more disruptive to their companies than COVID-19.
13 Apr 2021
The high demand for microchips spurred by the coronavirus pandemic is causing a kink in the supply chain in the United States, including automobile production plants being idled because of the shortage and causing predictions of a shortfall of as many as 1.3 million vehicles in 2021.
The Manufacturer website reported on the development:
The prediction falls in line with earlier predictions by other sources. Earlier this year, IHS Markit predicted the chip shortage would cut annual production by 1 million to 1.3 million vehicles; Alix Partners anticipated the shortage would result in between 1.5 to 5 million fewer vehicles produced.
The article noted that President Joe Biden held summits with microchip industry leaders and Biden has also asked Congress to appropriate $37 billion in legislation to increase domestic production.
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