War as a means to divert public attention, follow the Diversionary Theory of War and Territorial Conflict. We keep seeing its execution from time to time during history and modern days. It is one of the useful ways to divert domestic issues and concerns, and the extreme of it creates concentration camps in historical times or due to economic crises.
It will be a wonder sometime, a “excuse” to be used, or at the specific time for some of the matters being raised to move the cause or attempt to justify it. It is particularly so for some to use it as a national threat to draw others to sit in the negotiation table for gain sometime, we saw this in particular for possession of nuclear weapons or threat to continue to advance it. Same goes for sending troops to the border for the conflict, creating a situation for the tension.
Well know global fact, after the two (2) years of COVID-19 pandemic, and now under the wave of Omicrons variant, no country can be confidence to said they are in the economic recover, as most of the time, the country own published figure when compare with the street observation, it always a questionable, if you do not read those information with the context.
Without doubt, it continues to be one of the means to divert public attention. Beside the war, ransomware attack, use by terrorist group to collect ransom to fund their operation is rise, it no more just hacker will do it, terrorist will use it as well.
With the war threat and tension, and digital keep under constant cyber attack of the modern digital economy, and in the pressure to open up the tourism industry for foreign revenue, we saw the year 2022 open with a lot of challenging matters.
Without doubt the long proposed economic recession or depression is landing. It has seen some of the country or multinational giant corporations chop off some of the business, close some plants in one country, invest in another, as it is not seen that COVID-19 will end anytime soon. Great resignation era is not merely phenomena, as the world is moving toward industrial revolution 4.0, more smart technologies will be deployed as a means of new competitive advantage, and human-AI collaboration is one of it, with the rise of AI and robotics, and even software robotic process automation (RPA). Prohibiting local access to the cheapest oversea labor can not address these challenges, since the market is completely different compared with two years before COVID-19. The way of doing business and the speed of it, it is a completely new context.
We expect disruption technologies will keep making the waves for the change, some of the great companies that can not catch the next wave of big things, or the market do not believe they can perform, as you can see in the reflection of some of the great companies’ market share. Question to ask back, do you know what the next wave of big things in your industry is, and are you doing something to make sure you are riding the next wave? The bigger the organisation, the bigger the inertia and internal politics resistance to the change.
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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