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My Obsession
Bring the Best in Thought Leadership and Business Growth to a Global,
National and Local audience for Individuals, Groups and Business Leaders
that is Accessible, Affordable, Serving Prosperity at All levels of Society
Conversations
With
Dr Kieth Deats
The Business Impact Series
Recree8ing as the Future Emerges
The Global Impact of Pandemics and
Other Disruptive Events-Myths Dispelled
Facilitated by Dr Kieth Deats DrBA(Bus Econ)
with Hosts Jim Meldrum, Mark Brennan and
Jonathan Clark
Resources
Wharton Business Schools Professor Mauro Guillen
"Business Impact and Opportunities in the Wake of COVID-19"
http://go.pardot.com/webmail/327371/651751768/21124cf887289f65f181966d328c85e859d0c500c0e47fd5a787f227bc4
54edf
Stanford Business School Professor Chad Jones
“The Macroeconomy Amid a Global Pandemic”
https://stanford.zoom.us/rec/play/epwpgNUCxzrCJwhtNl3-
sUvLovSlDpidXEcV8VhxmNgjPzFbIZWdtGAZE4WPTpUr0qAOcWOBhQHrpJQE.l5qm2Ut8SEQyzLTm?continueMode=true&_x_z
m_rtaid=Ox9Ch3L1Qd-UGFheAgM0MQ.1604420517715.eba736ac1b2b528cfa0019431b0d77aa&_x_zm_rhtaid=143
McKinsey & Company
“Consumer sentiment and behavior continue to reflect the uncertainty of the COVID-19
crisis”
https://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/a-global-view-of-how-consumer-
behavior-is-changing-amid-covid-19?cid=other-eml-alt-mip-mck&hdpid=9e710493-2f3e-48a8-a802-
ca5619957b07&hctky=11899660&hlkid=1268897f12544a5bb6f78b96c8b34eac
The Members of the Recree8 Experimental Group Leading From the Edge of
Uncertainty
A Quick Overview
 Economics-what we are predicting might happen-what will change and also remain the same
 Economics-a global overview of the pandemic and how this has affected economies
 Consumer spending and trends
 The Experience of Collective thought
 Global disruption-lessons from the past.
 The Myths dispelled
 Why some businesses thrive in these conditions-who are they? Lessons are?
 The Impact on individuals, locally, nationally and globally
Wharton Insights Professor Mauro Guillen
Economics-what we are predicting might happen-what will change
and also remain the same
• New age of Technology-highly likely
• End of Commuting-highly unlikely
• Demise of Retail-Ecommerce likely to be more common
• Reversal of Globalisation-more like a realignment of supply chains
Sustainability
• Seems remote working will continue to be a work option
• Automation will be on the increase
• A real possibility of a reduced retail footprint, mainly office space
• Costs and fees might be reduced in the service sectors
Wharton Insights Professor Mauro Guillen
Change in the Business Landscape
• Supply Chains
• Remote Work
• Automation
• Consumer behaviour
• E Commerce
Supply Chains
• Rethink on disruption and continuity
Means
• Investment in assets, technology and employment
• From JIT to JIC, inventory, reliability, shorter chains.
Remote Work
• Gives flexibility, better coffee, managed work life, less commuting, reduced costs but
does come with loneliness, burnout, boundaries in family life, onboarding employees.
Wharton Insights Professor Mauro Guillen
• 37% of all jobs may well be remote working
• Trade in task across the globe in teaching, medicine and IT
• Offshoring task will increase
Customer facing jobs?
• Big Transformation in Warehouse Automation
• Services Sector like Hospitality, healthcare, education, legal, office admin, and
retail may well be virtual!
Societal tensions like ethics, and transparency, fairness and a new focus on
safety, experience and comfort might become the norm
Changes and strategies-small farms packing and selling to retailers, restaurants
becoming kitchens, short-distance retail online.
The Experience of Collective thought
Ideas and speculative inquiry and questions moving into the Unknown Unknown-Emerging
Strategies.
 Supply chains will shorten in the near term. All foodstuffs, health services and the day to day
consumer goods.
 Local industry and retail, training, and essential services will flourish, as will online training, and
delivery of wellbeing and coaching services
 Amazon, Zoom, Google, Microsoft, Tesla and the likes will grow.
 Health and Safety, and Security industries will Boom
 Travel and Leisure will be mostly local and home based.
 Home offices will flourish
 Remote Online working, will increase as will Online/Offline interactions.
 Much tougher border and phytosanitary regulations will come into place.
 Travel for business will diminish drastically.
 Local supply and manufacturing may increase dramatically.
 There will be serious political fallout between the 2 Superpowers.
 Fossil fuel demand will drop as there is not demand!
 The planet will be a cleaner place for a while!!
 Professional services, legal, accounting, business ,and visits to the GP will go remote!
 Home based gyms will become the norm
McKinsey & Company
Consumer sentiment and behavior continue to reflect the uncertainty of the
COVID-19 crisis.
Tracking consumer sentiment across 45 countries
• Shift to value and essentials. In most countries, consumers intend to continue
shifting their spending to essentials, while cutting back on most discretionary
categories.
• Shock to loyalty.Consumers across the globe have responded to the crisis and its
associated disruption to normal consumer behaviors by trying different shopping
behaviors and expressing a high intent (65 percent or more) to incorporate these
behaviors going forward.
• Homebody economy.The shift to digital persists across countries and categories
as consumers in most parts of the world keep low out-of-home engagement. Food
and household categories have seen an average of over 30 percent growth in
online customer base across countries
• Flight to digital.Food and household categories have seen an average of over 30
percent growth in online customer base across countries.
• Holiday outlook. Cconsumers across the globe plan to reduce holiday spending,
even in countries that have exhibited signs of recovery in spending intent in the
next few weeks.
Global disruption-lessons from the past.
• Natural Disasters
• War
• Pandemics
Bounce backs from these!
• Post Bubonic plague-Industrial Revolution
• Swine Flu-epidemiology and the Pharma Industry
• World War Two-massive advanced in manufacturing, aviation, medicine-the birth of
the jet age
• SARS- contact tracing and increased public awareness
• COVID-19 19- public health awareness, vaccines-remote working and offshore taking.
Online working and technology taken to new levels- Microsoft Teams and Zoom
Each of these events have resulted in unprecedented economic, advances in
technology, online activity, increased population growth and in some cases increased
GDP per capita.
The Myths dispelled
Will economies bounce back-many have already. China, South Korea, Singapore-record of
getting on top of their COVID-19 programmes, with contact tracing
Others have bounced back already by taking working with getting back to work and co-
existing with COVID-19- USA took a 10% knock on GDP, which has bounced back to 5%.
Most, if not all economies, with the exception of the UK and Spain, are showing signs of
recovery.
Why some businesses thrive in these conditions-who are they? Lessons are?
 Tech companies like Microsoft and Zoom, online retailers like Amazon and Shopify, Fulfilment
and supply chain companies, Pharma
 Well positioned to engage with the needs created because of the Pandemic.
 Service industries-very well positioned
 Visibility and Value will determine presence in the Market place
 Yummy stuff-Banks and Governments need us-or they cease to exist!
The Impact on individuals, locally, nationally and globally
Positives Gifts and Opportunities
• Greater connectedness virtually and a stronger sense of humanity-we are all in this together-Ubuntu
• Ethics and safety
• Working from home
• Global onboarding and tasking
• Less commuting
• Innovative approaches to overcoming the lock downs
• Cost reductions…banks and governments need to get their s,,t together.
• Stimulus to local industry, services industry
• Entrepreneurial thinking
• Online activity greatly enhanced in all industries
• New jobs in tech in all of the services industries, including education
• Mental space to rethink, reimagine and reorganise
Negatives
• Job losses in customer facing and high street retail
• Loss of life and vulnerability
• Loneliness and mental stress
• Reduced incomes-no incomes
• Increased relationship pressures with family boundaries
• Lack of tactile contact
How to Contact Us
Dr Kieth Deats MBA DrBA (Bus Econ)
M: +44 (0) 7910 142290
E: kieth@recree8.com
W: www.recree8.com
Skype: robin.kieth.deats2
Zoom: https://us04web.zoom.us/j/6610455609

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The global impact of pandemics and other disruptive events myths dispelled.

  • 1. My Obsession Bring the Best in Thought Leadership and Business Growth to a Global, National and Local audience for Individuals, Groups and Business Leaders that is Accessible, Affordable, Serving Prosperity at All levels of Society Conversations With Dr Kieth Deats
  • 2. The Business Impact Series Recree8ing as the Future Emerges The Global Impact of Pandemics and Other Disruptive Events-Myths Dispelled Facilitated by Dr Kieth Deats DrBA(Bus Econ) with Hosts Jim Meldrum, Mark Brennan and Jonathan Clark
  • 3. Resources Wharton Business Schools Professor Mauro Guillen "Business Impact and Opportunities in the Wake of COVID-19" http://go.pardot.com/webmail/327371/651751768/21124cf887289f65f181966d328c85e859d0c500c0e47fd5a787f227bc4 54edf Stanford Business School Professor Chad Jones “The Macroeconomy Amid a Global Pandemic” https://stanford.zoom.us/rec/play/epwpgNUCxzrCJwhtNl3- sUvLovSlDpidXEcV8VhxmNgjPzFbIZWdtGAZE4WPTpUr0qAOcWOBhQHrpJQE.l5qm2Ut8SEQyzLTm?continueMode=true&_x_z m_rtaid=Ox9Ch3L1Qd-UGFheAgM0MQ.1604420517715.eba736ac1b2b528cfa0019431b0d77aa&_x_zm_rhtaid=143 McKinsey & Company “Consumer sentiment and behavior continue to reflect the uncertainty of the COVID-19 crisis” https://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/a-global-view-of-how-consumer- behavior-is-changing-amid-covid-19?cid=other-eml-alt-mip-mck&hdpid=9e710493-2f3e-48a8-a802- ca5619957b07&hctky=11899660&hlkid=1268897f12544a5bb6f78b96c8b34eac The Members of the Recree8 Experimental Group Leading From the Edge of Uncertainty
  • 4. A Quick Overview  Economics-what we are predicting might happen-what will change and also remain the same  Economics-a global overview of the pandemic and how this has affected economies  Consumer spending and trends  The Experience of Collective thought  Global disruption-lessons from the past.  The Myths dispelled  Why some businesses thrive in these conditions-who are they? Lessons are?  The Impact on individuals, locally, nationally and globally
  • 5. Wharton Insights Professor Mauro Guillen Economics-what we are predicting might happen-what will change and also remain the same • New age of Technology-highly likely • End of Commuting-highly unlikely • Demise of Retail-Ecommerce likely to be more common • Reversal of Globalisation-more like a realignment of supply chains Sustainability • Seems remote working will continue to be a work option • Automation will be on the increase • A real possibility of a reduced retail footprint, mainly office space • Costs and fees might be reduced in the service sectors
  • 6. Wharton Insights Professor Mauro Guillen Change in the Business Landscape • Supply Chains • Remote Work • Automation • Consumer behaviour • E Commerce Supply Chains • Rethink on disruption and continuity Means • Investment in assets, technology and employment • From JIT to JIC, inventory, reliability, shorter chains. Remote Work • Gives flexibility, better coffee, managed work life, less commuting, reduced costs but does come with loneliness, burnout, boundaries in family life, onboarding employees.
  • 7. Wharton Insights Professor Mauro Guillen • 37% of all jobs may well be remote working • Trade in task across the globe in teaching, medicine and IT • Offshoring task will increase Customer facing jobs? • Big Transformation in Warehouse Automation • Services Sector like Hospitality, healthcare, education, legal, office admin, and retail may well be virtual! Societal tensions like ethics, and transparency, fairness and a new focus on safety, experience and comfort might become the norm Changes and strategies-small farms packing and selling to retailers, restaurants becoming kitchens, short-distance retail online.
  • 8. The Experience of Collective thought Ideas and speculative inquiry and questions moving into the Unknown Unknown-Emerging Strategies.  Supply chains will shorten in the near term. All foodstuffs, health services and the day to day consumer goods.  Local industry and retail, training, and essential services will flourish, as will online training, and delivery of wellbeing and coaching services  Amazon, Zoom, Google, Microsoft, Tesla and the likes will grow.  Health and Safety, and Security industries will Boom  Travel and Leisure will be mostly local and home based.  Home offices will flourish  Remote Online working, will increase as will Online/Offline interactions.  Much tougher border and phytosanitary regulations will come into place.  Travel for business will diminish drastically.  Local supply and manufacturing may increase dramatically.  There will be serious political fallout between the 2 Superpowers.  Fossil fuel demand will drop as there is not demand!  The planet will be a cleaner place for a while!!  Professional services, legal, accounting, business ,and visits to the GP will go remote!  Home based gyms will become the norm
  • 9. McKinsey & Company Consumer sentiment and behavior continue to reflect the uncertainty of the COVID-19 crisis. Tracking consumer sentiment across 45 countries • Shift to value and essentials. In most countries, consumers intend to continue shifting their spending to essentials, while cutting back on most discretionary categories. • Shock to loyalty.Consumers across the globe have responded to the crisis and its associated disruption to normal consumer behaviors by trying different shopping behaviors and expressing a high intent (65 percent or more) to incorporate these behaviors going forward. • Homebody economy.The shift to digital persists across countries and categories as consumers in most parts of the world keep low out-of-home engagement. Food and household categories have seen an average of over 30 percent growth in online customer base across countries • Flight to digital.Food and household categories have seen an average of over 30 percent growth in online customer base across countries. • Holiday outlook. Cconsumers across the globe plan to reduce holiday spending, even in countries that have exhibited signs of recovery in spending intent in the next few weeks.
  • 10. Global disruption-lessons from the past. • Natural Disasters • War • Pandemics Bounce backs from these! • Post Bubonic plague-Industrial Revolution • Swine Flu-epidemiology and the Pharma Industry • World War Two-massive advanced in manufacturing, aviation, medicine-the birth of the jet age • SARS- contact tracing and increased public awareness • COVID-19 19- public health awareness, vaccines-remote working and offshore taking. Online working and technology taken to new levels- Microsoft Teams and Zoom Each of these events have resulted in unprecedented economic, advances in technology, online activity, increased population growth and in some cases increased GDP per capita.
  • 11. The Myths dispelled Will economies bounce back-many have already. China, South Korea, Singapore-record of getting on top of their COVID-19 programmes, with contact tracing Others have bounced back already by taking working with getting back to work and co- existing with COVID-19- USA took a 10% knock on GDP, which has bounced back to 5%. Most, if not all economies, with the exception of the UK and Spain, are showing signs of recovery. Why some businesses thrive in these conditions-who are they? Lessons are?  Tech companies like Microsoft and Zoom, online retailers like Amazon and Shopify, Fulfilment and supply chain companies, Pharma  Well positioned to engage with the needs created because of the Pandemic.  Service industries-very well positioned  Visibility and Value will determine presence in the Market place  Yummy stuff-Banks and Governments need us-or they cease to exist!
  • 12. The Impact on individuals, locally, nationally and globally Positives Gifts and Opportunities • Greater connectedness virtually and a stronger sense of humanity-we are all in this together-Ubuntu • Ethics and safety • Working from home • Global onboarding and tasking • Less commuting • Innovative approaches to overcoming the lock downs • Cost reductions…banks and governments need to get their s,,t together. • Stimulus to local industry, services industry • Entrepreneurial thinking • Online activity greatly enhanced in all industries • New jobs in tech in all of the services industries, including education • Mental space to rethink, reimagine and reorganise Negatives • Job losses in customer facing and high street retail • Loss of life and vulnerability • Loneliness and mental stress • Reduced incomes-no incomes • Increased relationship pressures with family boundaries • Lack of tactile contact
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  • 20. How to Contact Us Dr Kieth Deats MBA DrBA (Bus Econ) M: +44 (0) 7910 142290 E: kieth@recree8.com W: www.recree8.com Skype: robin.kieth.deats2 Zoom: https://us04web.zoom.us/j/6610455609