Category Archives: new capitalism

Looking beyond the pandemic: what we have learned and how do we go forward

sunrise sardiniaI took a long break from this journal which I started in 2006. My last entry was in May 2020 (below) on some thoughts on the Great Reset. The COVID-19 pandemic went viral causing millions of deaths globally and affected everyone, how we live, work, think and interact with each other.

Fast forward, 18 months passed and now vaccines are available, though not equally accessible for all. Governments and companies have started to experiment to live with the pandemic as it is far from over. Tokyo Olympics has begun with no spectators.  It is perhaps a sensible time to reflect upon what has changed, what we learned, and how should we carry on forward.

One of the biggest changes to our lives (how we live, work, think, feel and interact) is that we have gone much more digital. Massive acceleration of digital adoption. e-commerce, remote working, e-learning, telemedicine. There are many positives and new opportunities but we have to find ways that the benefits of going digital also reach the last mile.

People, as well as organizations, have been forced to understand the importance of natural capital, our planet, climate crisis, diversity, and inequality.  What can we do as an individual or as a company or as a country? At least we are seeing a vast range of initiatives that are trying to crowdsource solutions for the climate, sustainability, diversity, inclusion, and inequality.

When thinking of where we are heading which should be a better world, it would be imperative to emphasize how we use, harness, and develop technology for all, in a human-centric way through a broad collaboration from all sectors and parties.

Recommended articles and initiatives:

https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/the-new-digital-edge-rethinking-strategy-for-the-postpandemic-era

https://malscontent.medium.com/why-thoughtful-technology-requires-everyones-attention-a-q-a-with-darlene-damm-part-1-8a0d018bf23c

https://climanow.ch/en/

https://climeworks.com/

https://brainforest.global/

 

Thoughts on The Great Reset: COVID-19

IMG_6400In some ways quickly and in others in slow motion, the world has changed in front of our eyes and screens. We, everyone in the world, have been impacted by the same cause, almost at the same time. This turmoil caused by the Covid-19 pandemic underlines how we are interconnected and it is a wakeup call for us to realize what truly matters and what not. Needless to say, there is a big difference in the challenges posed depending on where you are and the degree of how privileged or not privileged you are. As to this reality of inequality what comes to mind is one of my profound beliefs;

“From those to whom much is given, much is expected”

So, what kind of mindset is needed and what can we do in this period of colossal transformation?

  • Stay fit physically, emotionally and spiritually
  • Be adaptable, positive, creative, courageous, empathetic and mindful of others
  • Connect, communicate and share your ideas and feelings to your loved ones, your colleagues and your community.
  • Offer help and encouragement to those in need

It is “The Great Reset”. I saw this expression first after the financial crisis of 2008 but I believe this time it is even more the case as it is impacting and transforming everyone’s lives in a massive way. How can we prepare for the future?

  • Stay positive.
  • Deal with what is needed today and tomorrow but think and plan for long term.
  • Master remote working, redefine how you work effectively and build trust with your team, suppliers, customers and investors using the necessary tools.
  • Discover or learn new skills that you were not aware you would be interested in. (webinars, Coursera, masterclasses)
  • Search for new opportunities that are surfacing.
  • Adapt, listen, learn, be empathetic.

We have a great opportunity (The Great Reset) to make our world better and more resilient by reinventing, redefining and improving on ourselves, our businesses and our planet.

Recommended reads: