For years I have been thinking; “Sometime, a pandemic will spread all over the world. Maybe not in my lifetime, but sometime it will come. Because it’s how nature works.”
Suddenly, we are all in the middle of it. Almost everyone is affected. Still, I don’t know anyone who’s got the disease. But layoffs, homework, people in quarantine, and all the news. It’s just everywhere.
Eventually, we will come out of these crises. It is going to hurt and quit many will grief their close ones. But in some way, we will come out.
Some say it will be over after the summer, others . Others think the pandemic will last longer and that a worldwide recession will hit us. Some say the world economy will go back revert 50 years, but we will still have our technology, knowledge, and suffering environment we didn't have back then.
Most pundits agree that our world will be different. We don't know No one knows to what extent, but for sure it will be different.
Whatever happens to our economies, lifestyles, or needs; , the uncertainty is higher than ever before. The question is, what will make the growth wheels spin again.
While many of us are occupied in the current situation, trying to live our lives and also save lives, some need to start planning for the future. Leaders of companies and other organizations cannot wait to point out the way forward. Just forget to do well-defined plans and product designs. When dealing with this massive uncertainty, building up new knowledge, and adjust is going to be your way forward. Those who are willing to act now will be rewarded pretty soon because we, because of the pandemic, will see a lot of market changesWe need to get going. We have an economy to save!.
My prediction is that the need for Business agility will even higher after the pandemic. Markets have inevitably changed and many products will not sell. Product Management needs to be innovative solutions. Great products have always been the underlying reason for the success Some times the luck and many times research and innovation The chance of success through cost-saving and production optimization is getting lower. Company leaders need to focus more on building the capability to innovate new products and interact with the market to validate what is flying or not.
Just forget to do well-defined plans and product designs. When dealing with this massive uncertainty, building up new knowledge, and adjust is going to be your way forward.
Those who are willing to act now will be rewarded pretty soon because we, because of the pandemic, will see a lot of market changes.
We will need much more of, what many companies already are doing. Experimentation and measuring of business results. Don't worry, plenty of companies have been doing it for a while and many tools and techniques are available.
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