We have seen a lot of companies changing procedures and implementing more radical ways of doing their work.
Businesses have adopted new processes and technologies—and there are signs that they may pay off in the future. The pandemic and COVID-19 era could give a rapid productivity growth after the vaccination of the global population is going to end or reach a significant percentage.
Remote working and new systems that help companies being better organized are what businesses struggled a lot to adopt in the beginning of the pandemic. Now this kind of investment is going to pay off.
My company made a huge investment in adopting systems such as remote meeting places, cloud systems that help organizing documents and a way of eliminating paperwork... I believe that this is going to increase the productivity of the employees especially if those go back to work.
Have you seen any changes in your working environment like these?
This is very common while in the short term people were unprepared to face the crisis over the long term this brings growth as people find ways to overcome the crisis with new knowledge and technology, one of those examples is the vaccine and the pharmaceutical industry, vaccines take years even decades to develop and even if it seems as if it has been ages this vaccine was developed in record time, so if this happen again the pharmaceutical industry will have already protocols in place to develop a vaccine even faster than it did this time around.