Business Will Never Be the Same after COVID

Business Will Never Be the Same after COVID
Business Will Never Be the Same after COVID

COVID is a blockchain-powered platform that’s ushering in the next generation of customer engagement. Collectively, we are creating new ways for brands to stay relevant and provide sustainable value.

The “what 12,000 employees have to say about the future of remote work” is a blog post from COVID. The article talks about how business will never be the same after COVID.

COVID-19 has permanently altered business and life as we know it.

We can now all agree that the banal consistency we forgot to appreciate has been absent for almost 30 days, and everyone wants them back. And they will arrive in time, but they will be accompanied with a significant shift in our way of life. COVID-19 has permanently impacted our life, for better or for bad.

Our team spent this week analyzing the most significant changes we can anticipate to see in the business world when this unseen foe eventually decides enough is enough.

Working from a Remote Location

I don’t know about you, but I’d never worked from home or remotely until the COVID-19 outbreak. I’ve been doing it for three weeks straight and plan to keep doing it forever, depending on whether or not we can flatten the curve.

Working from a Remote Location is going to be a normalized part of corporate life moving forward. With collaborative virtual tools like Zoom and Microsoft Teams, the world is surprising itself with how easily it’s been able to adapt to the remote lifestyle. Since the outbreak of the virus, Zoom has seen its daily users spike to a whopping 200 million, up from 10 million in December.

Remote living is becoming disturbingly familiar, from virtual happy hours to birthday parties, and don’t expect it to slow down when the curve flattens. Are we so foolish to suppose that even if we are given the go-ahead to return to our workplaces, a sizable portion of the workforce will continue to refuse to do so until COVID-19 has been completely contained?

Staying at home, as much as we may despise it (I surely do), not only flattens the curve, but also protects our loved ones from germs and viruses such as the new coronavirus. And nothing like a worldwide epidemic to bring that truth to our attention as fast and frighteningly as COVID-19 has.

As a result, anticipate a lot more remote work in the future. Even after the outbreaks have spread throughout the country, the pace of the outbreaks has slowed.

Money does not grow on trees, unlike COVID-19.

Speaking of Working from a Remote Location, 3.3 million Americans filed for unemployment last week. That’s unheard of. Anyone who is lucky enough to be able to work from home right now should count their blessings and also take a long hard look at that number.

3.3 million people. This beats the previous high of 695,000 established in… 1982. These are extraordinary times, and they have taught us that money does not grow on trees. Expect a surge in Americans establishing their own enterprises, as well as obtaining a second job if they already have one, as life returns to some kind of routine.

I’m sure there aren’t many sensations more depressing than losing your job to something intangible. The population is 3.3 million people. Keep that number in mind. It’s vital to have one or two non-expendable revenue sources. Who knows when or if a second wave of the coronavirus will strike? Or if anything similar will occur again? Just because we haven’t seen a pandemic this destructive since the Spanish Flu of 1918 doesn’t imply it can’t or won’t happen again in our lifetimes.

It’s past time for us to stop being disposable. When this is finished, Americans are likely to establish their own enterprises or take on more tasks in addition to their present occupations.

A New Priority for Mental Health

The importance of mental wellness cannot be overstated.

As if I needed to be reminded, we are living in unprecedented times. We’ve never seen anything like that in our lives. This virus has claimed the lives of 81,200 people. Every single one of those 81,200 persons belonged to someone’s family or acquaintance. Even those of us who are fortunate enough not to have family members who have been sick or have contracted the virus fear every day that we may come into contact with or breath something that will kill us.

Businesses are aware that this is cognitively exhausting. What was already an increasing importance in the business world will become much more so. Companies will put a greater emphasis on mental health nourishment and relief choices.

Many companies, including mine, provide free subscriptions to self-care services like TalkSpace, an online mobile and therapy business, and Headspace, an English-American online healthcare company specializing in meditation methods. Although some businesses are unconcerned, it has been proved that workers who are emotionally stable perform better. Expect businesses to put an even greater focus on offering stress-relieving options for their workers after the emergence of such a serious pandemic.

Business will never be the same after COVID. The next generation ways of working that are being introduced with this software are revolutionary and will change how businesses operate forever. Reference: bcg next generation ways of working.

Related Tags

  • post pandemic working models
  • bcg return to work covid
  • future of business
  • employee experience bcg
  • future of work strategy
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