Coronavirus pandemic has brought the world down on its knees. From civil conditions to economic ones, everything has been blown to tatters. While the doctors and scientists across the world have busied themselves in treating the patients and finding a cure. Respectively, the financiers and economists face bagger challenge that of stabilising the oncoming recession.
Across the globe, people are losing jobs, personal finances are tumbling, and financial institutions are not able to figure out a way out. Schemes are being doled out as per the country’s ability, but the citizens are barely holding on. The depressing atmosphere owing to the death and destruction that coronavirus has brought about further adds on to the misery.
Watch: How businesses will change post COVID-19
On the other hand Industries and brands are rethinking habits and safety to cater to a post-pandemic world. While we as common people can only mull about how will a post Coronavirus world look like. Executives from industries like fashion, travel, e-commerce look at the future.
On Newfound Hygiene
There is no denying the fact that we will be left with many habits that we didn’t cultivate initially. From hand hygiene to safe distances, much will be changed in the post Coronavirus world.
Al Kelly, CEO, Visa Inc sheds some light on the hygiene aspect in a Bloomberg report. He enunciates how the fact that the newfound consciousness regarding germs will be carried forward even after the virus has been dealt with.
We now understand how the actions of a single person can impact literally thousands of others globally.Al Kelly, CEO, Visa Inc
Whether households and community or states and countries, this hygiene habit will surely be a part of all our lives. Hand hygiene will never be taken for granted now.
Work from Home and Life Balance
The lockdown and quarantine period have made work from home ‘new normal.’ Suddenly, all the meetings are happening on the calls instead of being in the rooms. WFH also requires us to maintain a balance between work and life!
Meg Whitman, CEO of Quibi shares her WFH woes. As a professional who has been working out of the office for more than four decades, a work from home routine means restructuring her whole schedule.
She further ponders, ‘I wonder if this will change how families communicate.’ This will indeed make us all rethink our work schedules and also how we communicate with our families.
Of Fashion and Identity
Walking out of the home comes with a checklist nowadays mask, sanitizer, gloves, etc. While most luxury retailers came forward to help the world in a desperate time local retailers have already jumped the bandwagon to produce the new fashion accessories.
Watch: The State of Fashion BoF
However, with nearly 90% of the world’s population quarantined and working from home, there has been a shift in the clothes we wear too.
When the world changes, clothing will change accordingly.Tadashi Yanai, CEO of Uniqlo
Tadashi Yanai, CEO of Uniqlo Clothing, feels that in the post Coronavirus world, people will be less stressed about the way they dress. Fashion will surely go through a major change. As today’s customer use clothing as an extension of their personality, it’ll be interesting to note what fashion would look like in the years to come.
Online Shopping ‘New Normal’
The coronavirus spread has led to the minimisation of physical contact and maintenance of utmost hygiene. Wherein adjusting to ‘new normal’ delivery companies are following ‘contactless deliveries’ around the globe.
Jamie Augusto Zobel de Ayala, Chairman, Ayala Co. feels that this will give online shopping and home delivery a new boost, instead of physical walks to the stores.
The Changing Work Culture
Work culture has indeed changed ever since the virus has hit the world. With work from home being the new normal, one can say that this will be carried forward even in the post coronavirus world. As per Zoom CEO Eric Yuan, the boundaries between the business and consumer use has diminished for Zoom and there will be a need to strike a balance between the two.
Mental Health and Wellbeing
Not everyone does well in isolation. For many, their routine is a way to cope with their mental distress and anxiety issues. The financial losses, job cuts, health strains and more have contributed to a hike in mental health cases, with therapists being available online.
According to Former co-CEO, SAP SE, Jennifer Morgan, “the scars of this time will be visible in the post coronavirus world as well. Even though the wish is to come out stronger together, we will need all the help we can find to be mentally strong.”
The post coronavirus world will be a new one in every aspect. One can be assured of the fact that there will be substantial changes in the way we go on about our everyday affairs.