When the asteroid that is COVID-19 struck world economies, the market was in the middle of a protracted, painful transition out of the Industrial Era. That asteroid will cost the global economy anywhere from $10 trillion to $15 trillion. It will also speed us on our way to the next era, the digital age.
The times are a-changin’.
Physical infrastructure was the backbone of the Industrial Era. Management relied on rigid organizational structures and demanded a repetitive production from a loyal workforce of Baby Boomers.
Times are changing, however.
