IBJ Podcast: How can companies survive the economic calamity of COVID-19?

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00
(Image courtesy of Shutterstock)

Phil Powell

The economy is at a standstill thanks to closures caused by fear about the spread of COVID-19.

But it will likely come roaring back once the nation gets the coronavirus outbreak under control, says Phil Powell, a business economist and the associate dean of academic programs at the IU Kelley School of Business in Indianapolis.

Powell talks to podcast host Mason King about how companies should approach what he believes will be a deep but short recession and steps they should take now to shore up their financial situation.

“It’s your job to survive and to make sure that when these social controls are lifted and everybody starts to come back out that you’re ready for business,” Powell said.

Click here to read IBJ stories about the effect of the coronavirus outbreak in central Indiana.

Click here to find the IBJ Podcast each Monday. You can also subscribe at iTunesGoogle PlayTune In and Spotify. Here are some of our recent podcasts:

IBJ Podcast: Pete the Planner talks about the virus, the impact on the economy and what to think about your portfolio

IBJ Podcast: These downtown hotel projects appear stalled

IBJ Podcast: Jon Laramore traded prestigious law firm job for gig helping low-income Hoosiers

IBJ Podcast: Indy readies for 2021 All-Star Game—to be love letter to basketball

IBJ Podcast: Here’s why a mega liquor store is trying to move to Indiana

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In