Babies and disadvantaged adults with special needs around the world are suffering because of the worst shortage in baby formula since the invention of formula. The reasons driving this crisis is a modern-day business case study that can be best understood through the lens of business acumen. This blog explores the baby formula crisis based on the skills of effective business acumen and offers the opportunity to develop some key learnings that can be applied back to other similar situations. I have tried my best to make this discussion apolitical, and present insights without jumping into the negative and divisive partisan politics many are trying to make this issue about.
As the baby formula shortage drags on, and as the data becomes more available, it becomes more obvious that there are a lot of things that went wrong to reach this point of crisis. And yet again, the US health system is both a victim and aggressor. But, at the end of the day, it is humanity that is suffering and will pay the ultimate price.