Crisis management in a connected world – Can we beat the information delays?

Recent economic, political and behavioral changes have put both traditional and modern management methods under stress. When facing supply shortages, high volatility and uncertainty about near future, it becomes crucial to be able to decide and act quickly. Unfortunately, the information that we need to decide is rarely available and requires substantial efforts and time to be collected and preprocessed. In this paper we discuss an automated system that can track and verify different information sources in order to extract valuable details and support the decision-making process. To demonstrate the benefits of such approach we analyze it the context of migration tracking in terms of crises – such like recent COVID pandemic. This process impacts not only the disease development, but it also influences industrial managers by depriving them of resources and forcing them to plan for peaks in number of sick leaves, unexpected resource shortages and delivery problems. [ABSTRACT FROM AUTHOR]