There is no denying that the outbreak of the Coronavirus better known as COVID-19 has had a devastating impact on businesses. Businesses which normally open come rain or shine are opening at odd times and closing at unusual times also. Some are even closed some days since the outbreak. For example banks have adjusted their hours of opening and this has caused unusually long lineups at the entrances to these institutions … coupled with social distancing protocols, it is a world of a difference.
New Market Place
The post COVID-19 business environment will not be the same. The new concept of social distancing is going to be with us much longer, in my perspective. If businesses realize that they can get their work done without having to be buying much less water and electricity to run say coffee machines etc. buy less coffee and buy less hand towels, spend less on soap for dispensers, pay less for non business phone calls and the list goes on. Many employees are now working from home, and still getting the job done.
Will new employment contracts reflect this new paradymn shifts? Only time will tell. To the employee there is less stress with traffic. Waking up extra early to beat traffic and face the commute to work is a definite advantage.
It appears to be the universal view that life after COVID 19 will not be the same as before. What these changes will be are left to be seen. More use of cyber space appears to one such increased use. Many things before which meant a trip to purchase certain items or even to our bank and paying utility bills can be done electronically. Postage stamp may if not already been done electrically. My bank and phone bills are being sent via the Internet to me.
Data will be the way to go. The internet will see greater traffic. Will Covid-19, from this perspective be a blessing in disguise? Unfortunately it cannot make for us a cup of coffee.
This is our perspective. What is yours?
Hopeton O’Connor-Dennie is Senior National Correspondent for GTA Weekly