A global shortage of one crucial piece of technology is causing delays in everything from cars and televisions to video game consoles and Australia’s National Broadband Network rollout.

Use your 2020 experience to re-asses the resilience of your organisation. The WEF Global Risks Report 2021 has identified the top three risks to focus on: supply chain, cyber and climate change.

After a brutal first six months of the year, governments across the world are hoping for an economic bounce-back. Rich-world gdp fell by about 10% in the first half of 2020. Yet much has changed since—including that more people are now wearing masks. Economists, obsessed with translating everything into gdp, wonder if more widespread face-covering could help the recovery.

Cybersecurity oversight is a key fiduciary responsibility for a board of directors and was a significant concern for companies even before the COVID-19 pandemic forced so many organizations to suddenly shift to remote work. Data breaches and other cyber threats pose significant competitive, reputational, and litigation risks and require increasingly costly investments to prevent, detect, and respond to. Changes in the environment as a result of the pandemic have created new risks that need to be managed with board oversight.

“It’s an intriguing approach that illustrates the type of novel approaches to scalable community testing that might be used as a community opens up,’’ Doherty Institute co-deputy director Mike Catton told The Age and The Sydney Morning Herald.

A very useful, locally produced web site that provides daily information on the pandemic nationally.