Pandemic economies can no longer claim wild victories; mostly their shiny cities are only electrocuted cement structures of corporate vagueness, their booming stock markets are just soap bubbles baths from washing dirty programs and their smooth distribution of unlimited printed of currencies to calm the local mobs are parachute-less economic stunts. Visible today as weaknesses for not having real value creation models, based on ‘productivity, performance and profitability’ to support local grassroots prosperity now setting stage for debates. Some nations have done very well, indeed. However, lack of real open dialogue with several dozen nations sometimes proof of absence on new pragmatic solutions sometimes challenging their own competence to face the real economic crisis.
The new pandemic world is also unmasking new thinking. Office workers of the world my revolt against cruelty of commuting and go remote or start acquiring special skills to dance on global gig economy, with already stagnant wages for decades this may be the best change, as remote working models are uplifting hidden human talent, all so blatantly ignored last decades finally gets a chance to start standing up in unison again.
Hastily, societies all over the world are losing addiction to endless consumption as new repulsion; top retailers sinking ships, top brands on life rafts, such shifts on buying behaviors will alter consumption based economic models. Retailers of the world may refuse to pay most expensive downtown rents as traffic shrinking below 25%, and online sales doubling. A brand new narrative appears.
The ‘cement-structure based retail’ as predicted decade ago will eventually give-in to ‘cyber-structured-retail’ now fully dressed up in cyber windows with AI+AR+VR 24x7x365 a new thinking emerging. The office towers may become low cost consumer towers. The downtown will become low cost tourist centers. The chronic hangover on oil-addiction will crash oil-dependency, make cleaner drinking water with fresh air a priority over inhaling smog and combustion.
The global populace has now advanced, metamorphism has new craving; as if a caterpillar pretending asleep but in reality learning fast to fly; now finally leaves chrysalis, spread colorful wings and fly…
The global educational delivery system crashed decades ago; the value of education lost years ago, now execution skills and entrepreneurial leadership on the block, with heavy burden on society in times of crisis must try to save itself under new models, pricing and thinking.
The corporate corridors and decorum is already upside down but still have the best opportunities over all others to recreate and lead on “value-creation-models’ and eliminate all ‘value-manipulation-models’ on fastest speed with diversity and tolerance based, while world of commerce starting on a new blank page.
The silent majority, in silent screams, across the world, yelling at all levels and types of leaderships to dramatically change attitudes and sharpen skills as new levels of performance expectancy demanded from top to bottom issues; when mankind lingering on daily survival agenda, it needs the daily live briefings from top national leader, for each of the 365 days of year, to demonstrate clarity, integrity and execution with deployments and mobilizations with speed to control chaos, or get out of the way.
Pandemic economies must realize the finer definitions on various types and styles of help; bureaucratic notions; give them 20 more forms to fill and find a solution after new vaccine, the banking notions; give them little loans to tie-up their large assets as collateral, the entrepreneurial notions; teach them fishing help navigate with a bigger boat and help cross the bridges etc.
Epidemic economies critically need entrepreneurial thinking with entrepreneurial solutions, as this factor alone will decide the future stability of any economy. Deeper studies are prerequisites.
The small and medium size business will play the most significant role in coming years. The national trade groups like vertical trade associations and Chambers of commerce of the world will all need new adjustments to deal with new and digitally advanced entrepreneurial centric world. Some 100,000 trade associations and 11,000 Chambers must come together on various digital platforms to stay relevant in chaos and carve better future.
Finally, political posturing will dramatically change. Hard core politics should replace itself in non-partisan Marshal Plan styles and execution or face restless citizenry and populism.
Three most powerful undercurrents; firstly, acquisition of special skills tooptimize hidden national talent in simultaneous synchronization, secondly, uplift women entrepreneurialism across the nation and thirdly, national mobilization of national small medium size business on digital platforms with upskilling and exportability, now such revolutionary ideas call for revolutionary leaders.
If big business is big, small business is way much bigger; a brand new indoctrination is on the way, the bitter medicine of Coronavirus has now isolated ‘hidden human talent of the nation’ and ‘small medium enterprise economy’ the biggest and most critical assets to salvage broken economies of several dozen nations.
A new thinking is finally awakening.
A new world has suddenly arrived.
A better future has just opened.
Rest is easy