Leidos Discovers Its Business Model Adapts Surprisingly Well To Coronavirus (From Forbes)
If you were going to invent an enterprise that could cope well with a global pandemic, it would probably look a lot like Leidos. The $12 billion provider of IT, science and engineering services to federal customers is largely insulated from a flagging commercial economy, and its “capital light” business approach transitioned readily to telework when the crisis arose. Nonetheless, Chairman and CEO Roger Krone told me this week that he is “amazed” how quickly the company adjusted to the new normal spawned by COVID-19. That’s a good thing, because Krone doesn’t believe the business world or broader society will be returning to previous practices anytime soon. I have written a commentary for Forbes here.
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