Covid has changed the practice of managing hugely and permanently. The new “hybrid workers” – partially- or fully-remote, and often time-flexible – cannot be managed effectively using past practices. Most simply don’t work any longer. What does work is still being developed or evolved. Managers appear to be well behind in this transition. We look here at some useful ideas for the new world.
Is inflation real? Yup. Is this good or bad? Depends on who you are. Good if your income is growing faster than prices, or you can keep ahead of the game by borrowing. Bad if your income growth lags price growth and you can’t borrow enough to make up the difference. Is that all I need to know about inflation? Nope.
COVID-19 sent all but “essential” workers home for over a year in many cases. These were mostly “office-based workers”. There is now a major push by more than a few employers to bring nearly all of their workforce back to the office. But this workforce has changed dramatically and probably permanently. Back to the office is just not going to work for many.
Shortages of everything is being reported as a catastrophe: we are doomed. But what if this is just a symptom of massive changes underway that are now driven by the COVID black swan? Changes that were inevitable in our way-too-brittle world. If so, this shifts our management context to one of challenge and opportunity. We look here at what to do about the global supply chain mess.
Shortages of everything is being reported as a catastrophe. We may well be doomed. But what if this is just a symptom of massive changes underway that are driven by the COVID black swan? Changes that were inevitable in our way-too-brittle world. If so, this shifts our management context to one of emerging challenge and opportunity, not one dealing in hindsight with catastrophe.
Almost every day now we read about something or other being “unavailable” or “in short supply”. Supply chains are crashing. Many kinds of workers are no longer looking for work despite millions of open jobs. COVID has largely vanished so we are told so shortages must be due to “something else”. What “something”? How do we manage in this terrible mess? Time to worry?
