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What Will the Hope of Vaccines Bring?
December 28,2020 [ by Larry Chao ] 201 Read and 0 Comment

The end of the pandemic might bring more uncertainty than we expect. We should be ready with open arms for anything.

A vaccine for COVID could not have come sooner, and with it a ray of hope that life will return back to normal – a new normal which might closely resemble how we lived before the pandemic, or perhaps not.

By the end of 2021, we should know just how different the new normal will really be. This difference and associated changes will be driven by two factors: First, how it benefits businesses and how it benefit people.

Take, for example, the idea of virtual “work from home.” From an employee’s perspective, the option of work from home seems to offer obvious personal benefits such as no tedious commutes and more personal freedom. From a business perspective it could offer lower real estate and operating costs, and the ability to access talent from distant locations. Seems like a no-brainer that we will continue with substantial remote working.

These positives, however, need to be balanced by possible negatives associated with virtual working. For example, over time, many people prefer the separation between work life and home life, rather than to having them blend into each other. They are fed up with pandemic fatigue, where everything seems to be work-related. Some people prefer working together and face to face meetings, where it is easier to read how people feel and create bonding and a common work culture. Others might believe “out of sight, out of mind” and worry that a virtual work environment might hamper their careers.

At this point, no one knows how people will be affected longer term, but as the vaccines take hold and the world relaxes, we should be ready for anything and deal with trade-offs. Human nature has proven to be unpredictable, and what seemed obvious during the pandemic, might not be so once people have greater freedom to do and be what they want.

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