Center for Global Business at UMD’s Robert H. Smith School of Business to Host Second Annual Event Recognizing Maryland-based Global Businesses for Innovative Pandemic-Era Pivots.
As the economy gradually emerges from the COVID-19 crisis, organizations should spend some time contemplating how they can prepare for the next crisis, says Maryland Smith's Oliver Schlake .
Prior to COVID-19, United Source One had experienced multiple "near deaths," according to President and CEO Michael Imgarten of the exporter that specializes in supplying premium beef and other food products to high-end restaurants. By June 2020, exports were down 95%. At that level, many companies would close operations, he said, especially "a young entrepreneurial company specializing in international business, which is an extra layer of complexity."