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"Make no mistake about  it, your mistakes are your best friends."
Dimis Michaelides

Innovation and Pandemic Economics.  Now is the time for a boom in social innovation

13/1/2021

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The impact of Covid 19 on work and the economy is at least as dramatic as its impact on personal and public health. The pandemic has greatly accelerated innovations in the ways people work with enormous benefits and some sinister effects too. This should herald a new era of widespread social innovation.
 
You do not need a degree in economics to understand that if the pandemic has stopped you from making a living you can either survive on your savings (if you have any) or borrow against the future (if you can) or rely on help from others. Family and friends, communities and governments, are all playing roles in providing relief.
 
People are not equally affected by the pandemic of course. Creativity and a capacity to change are always good allies but objective circumstances vary tremendously making change much harder for some.
 
If the pandemic has boosted your business, you use your creative faculties to make the most of it and scale up. Good for you.
 
If the pandemic has threatened your work, you use your adaptive acumen to figure out how to keep business going. This might be quite challenging.
 
If the pandemic has devastated your work you use your resourcefulness to transform your work or you change jobs. It can be a tough struggle.
 


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  • ABOUT
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    • The Art of Innovation
    • The Heart of Innovation
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