Why are the latest inflation stories so concerning to customers, companies, politicians, and stockholders?
Recent inflation news has caused alarm among consumers, companies, governments, and investors. Inflationary pressures and supply chain concerns are real and here to stay, thanks to demand outpacing supply and Russia’s invasion of Ukraine, as well as the West’s ensuing sanctions on Russian commodities and trade. It’s critical to have a thorough grasp of these issues and devise a strategy for dealing with these quickly changing concerns. The authors propose seven new business tactics for combating long-term inflation.
Source: https://hbr.org/2022/05/how-companies-can-prepare-for-a-long-run-of-high-inflation