Pandemic will continue but COVID-19 ends, this is the most widely accepted in the current market. Despite the fact that the new COVID-19 variant has come out, one after another, most of the world countries, in particular for those practicing co-exist strategy, put COVID-19 ends and move on. You can see they are starting to open up the country and attempt to boost tourism to the peak before COVID-19.
Except for the country practicing dynamic zero strategy, as you can read from the news, the rest of the world is preparing for the summer. The hope for the coming summer to bring back the tourists to their country with the encouragement and promotion campaign.
Summer for 2022 will be a good indicator, if whatever initiative and promotion campaign run well, then thereafter we can expect for more loose and travel freely. Except you may need to cross check carefully whether the national given vaccinations is recognised or not in the country you attempt to travel to. That in the short term may be a hassle, but in the longer time horizon so be eliminated as well.
While COVID-19 end is good news, the follow up of global inflation, in particular for the market observation and closely monitored for the US market and their fiscal policy, continues to make the market worry for the delayed recession is finally landing. We may expect to see the global massive inflow and outflow from one country to another, and their impact in the affect country as well, while the said investment start to bring in the local impact, and then the said country global competitiveness in term of attract the oversea investment and create massive of the local job, and boost of the said country income, just like what it did in the past on the great China to become world number 2 economic power in the world.
The world never stops regardless of whatever change event, it keeps transit toward the fourth industrial revolution (4IR) industry 4.0, both business and those who are underemployed, continue to be shaped by this massive transformation. You either catch the next waves for the big things, or you don’t. For those who are proactive and know what is coming and well prepared will have much better planned changes along the world.
It will be surprising to found out how many business and government agencies really possess digital transformation (DT), can be knowing the difference it with cloud computing, business IT, and some is just thought it just applied technology and without framework to understanding the dynamic of 4IR and how your business and government business will impact by it. When massive amounts of the routine work can be handled by robotic process automation and AI, from the factory assembly line to logistics long distance driving and backend of the food and beverage cooking operations, to call center chatbot that speak in the natural language and get things done. How to reskill the workforce to perform the new world needed jobs will be challenging. COVID-19 pandemic foster anywhere workspace and result in the wilder pool of talent can be accept in different country who possess similar skill but in more cost effective due to different cost of living, we are enter into any business is global business faster then everyone market expect, and the rise of project economy for put everyone in the various project to initiative change and implement change for the business, be the new vital skill every new generation of professional worker need to possess.
E-SPIN Group in the enterprise ICT solution supply, consultancy, project management, training and maintenance for corporation and government agencies did business across the region and via the channel. Feel free to contact E-SPIN for your project requirement and inquiry.
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