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Life and opportunities post COVID-19

How COVID-19 has impacted our day to day lives. Are there any silver outlines to this dark and gloomy sky? Let’s take a look.

It has been 2 months since we have transitioned to work from home and figuring our way out in this time. I noticed that lifestyle and working style of many of us has changed (perhaps for the better). Here’s a list of some of the highs and lows of life post COVID-19.

The highs

  • Work from home has many benefits. The time saved in transit for one. I have been saving 2 hours of idle time wasted.
  • No household help means more work, but it also means you can save on the household expenses because you were otherwise too busy.
  • You become more aware of the household chores, so does everyone else in the household. That’s a liftime savings of bad habits avoided. Not to mention that a lot of households will not go back to hiring so many household maids. We had 3 for instance.
  • Businesses have been forced to either work remotely, or to re-think their operational models. That has meant a lot of top management mental models have changed. Earlier where physical meetings were the first option (and sometimes the only option), now telephonic and video calls are working.
  • Since physical interaction between people is the way the COVID-19 is spreading, most businesses have figured out a way to work without this physical engagement. That has meant higher operational efficiencies, and also a focus on being more transparent.
  • A more conservative mindset is emerging in the society, with all expenses being more need driven than greed driven. This as meant less wastage and less consumption.
  • A large push has come for online education and self help videos. The OTT segment has really bloomed during this phase, with binge
  • The ecology is improving due to a massive cut in the consumption of fossil fuels. The hole in the ozone layer is now no more, that talks about the scale of the lockdown. What we could not as a generation manage in the past decade, a virus outbreak managed in 2 months.
  • Industries where digital enablement was missing are now the worst affected, and that’s where new opportunities are emerging. These businesses are figuring out a way to operate in post COVID-19 world. Some examples of this – real estate, financial services, banking, automotive, etc.

The lows

  • The economy is in an all-time slump with all non-essential services at a stand still. Getting them back to what they were before this crisis will easily take a year or two.
  • There is now one more excuse to discriminate and divide people
  • Physical exercise and activities for people who need them (me, my kids and parents) have diminished.
  • Non-critical healthcare and luxury item supply chain has been wrecked and acquiring specific brands has become difficult.

In the end

As a teen, I have played the hit series Fallout. I am surprised to note how fast we have shifted into living that way. The only difference is that this crisis is not nuclear, it’s a virus.

We have adapted to keep on living. What remains is how long this will continue and what practices do we keep as the world slowly comes back to normal.

By Prasad Ajinkya

Prasad Ajinkya is the Big Fat Geek and often he spends his time working on the WordPress or Google eco-system. He loves to solve business problems with technology.