The IMF called the COVID-19 crisis ‘unlike any other,’ where the global growth contraction for 2020 was estimated at -3.5 percent. Image source : Using Lenovo ThinkReality A6 Glass at Workplace Here is a quick overview of the biggest challenges that CXOs (and their businesses) have faced over the recent past, to better illustrate how the pandemic is affecting businesses: Businesses are grappling with slowing global supply chains Sales and production growth is further impacted with a subsequent dive in opportunities for partnerships and growth The flattened or negative growth market result in less manpower and resources to work with, further affecting productivity ​The five biggest challenges that CXOs are facing today