“A little bit of fortune telling (or, the challenges ahead)”
Sure we’ve heard quite a lot about the current crisis and the myriad of effects it had in every corner of the world… you probably noticed some of the consequences in your country, your job or your everyday life.
Since I’m no expert in state regulations or financial instruments, for this post I thought about how the crisis will impact in our role as future leaders once we join the workforce, whether we get into the corporate world, come up with a startup, or join an NGO or government agency.
Of course some of the things you’ll find below won’t be exactly true today or even over the next months, because the priority for a huge number of people is to find new jobs and adjust to new living standards… rather, these are tendencies that started to develop a few years ago, but became more obvious or were accelerated due to the crisis.
Bye bye, consumption boom! The drop of levels of consumption in developed countries is one of the most obvious indicators of the crisis. Ironically, people in emerging markets are improving their living conditions, and being able for the first time ever to have access to products and services that were once impossible to buy.
