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Imagine I will read it in 5 years(part II)

It is a war and those who fight and survive might become heroes of tomorrow.

Top inspirations I learned from this crisis are as follows:

1. As a company or a government, risk management is super important. Those who manage the risks well and planned ahead could possibly overcome hard times and survive strong.

One of the key principles for risk management is to distribute the risks over multiple buckets. To a B2B business or country, the key competitiveness would lie in supply chain management, getting the right suppliers and deliver to the end buyers. In the past, the key decision will be primarily influenced by the cost factor. In a low-risk environment, it would be fine. However, in a high-risk environment, this may break, and cost could be much less a factor than the following two factors:

The reliability of the supplierThe alternative choices in case of the supply chain breakdown.
This reminds me of the fruits suppliers in SG's supermarkets. Even for oranges, it could come from…

On COVID-19

The Coronavirus has certainly brought lots of impacts to businesses and people's lives. As a junior independent thinker, I have been observing the trends and making some judgments/predictions.

1. Observations:  There is a leadership crisis in some countries.

The reactions of the politicians to COVID-19 reflected weak leaderships for some countries. Examples are immature decisions such as “herd immunity" which could harm the general public. This may be deeply linked to the side effects of capitalism and the country's fundamental operational logic. A nation could fail if their leaders are weak, especially during a crisis. The world is getting more competitive and risky, relying purely on individual and business interests may bring some short-term happiness, but will set a bomb for the long term. Government leadership will matter more in the future.

Among the countries, I would say China and Singapore are doing relatively great. Despite some delays and information transparen…

Imagine I will read this in 5 years(Part 1)

I am turning 30 years old by April this year.  This is an important age, which is called "而立之年", meaning "Year of Independence" in Chinese. I should set a few long term goals and do something beyond the current being.

Time flies and life changes all of a sudden. I live all by myself since 18 years old. Then I met my wife and got married. A life with two people is quite complexed. We need to be more caring and thoughtful to think on the other's feet. Without a sign, my wife got pregnant, though our plan is to have it 6-9 months later. Now it's getting more challenging. The expectation of being a good husband is getting much higher, and I strongly find myself not doing good enough.
I am quite careless. I forget things and am not very efficient/elegant. I sometimes do things twice, or even a few times to get it right.I do not know how to take care of people. I do not have the life experiences/common knowledge of what other people may need and how I could help. …