No Normal™
We are not returning to “normal,” and “the new normal” is an oxymoron. What we have to face is “no normal.”
I mean that we are in a world of turmoil, volatility, disruption, and ambiguity. We might as well understand that and get good at it! Some of the great companies (Disney, Revlon, Amazon, etc.) were formed during such times of recession, depression, health crisis, and warfare, as were some of the greatest innovative ideas and improvements.
Some of my predictions are above. We’re watching, ironically, movie theaters become obsolete as home entertainment options explode. While business travel and meetings will rebound as restrictions are lifted, they won’t rebound to pre–pandemic levels and remote meetings will be a major force. However, Las Vegas casinos are currently reporting pre–pandemic levels of revenue, which means that some activities are eternal (e.g., online gambling isn’t going to replace or dent casino attendance). Ironically, and acknowledging the law of unintended consequences, the casinos attribute a great deal of their immediate rebound to stimulus checks! (I recall when casinos first opened in Atlantic City and busloads of day–tripping seniors would arrive to spend their monthly social security payments.)
We are going to have to be agile, and not depend on routine as much. Life is not going to be like cross–country skiing where you glide along in ruts someone else has created for you (and which bores me to tears, anyway). It’s going to be more like downhill skiing, but on a different slope every day. You’re going to have to pay attention and use varying techniques. Failure to adjust may lead to a bad fall–or a smash into a tree.
I’ve trademarked the term “no normal” because I believe successful, energetic people (and their businesses) will have to adapt to that philosophy. Toyota (and other auto makers), the leaders in “Just in Time” assembly of components is now stocking (hoarding) raw materials to avoid future supply chain disruptions (as in the Suez Canal blockage). They are abandoning what worked for so long in favor of flexibility in the new realties.
Don’t expect ruts in the snow. Don’t expect “normal.” And don’t try to forge a “new normal” or you’ll just be sitting in the snow without any skis.
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