But de-globalisation has been turbocharged by the outbreak of the deadly COVID-19, which has disrupted the flow of goods and services in China and beyond.
It also goes beyond the growing realisation that millennials’ starkly different expectations – regarding professional careers, personal engagement, political action, and the delivery of goods and services – will persist and deepen. Executives and policymakers therefore must make timely revisions not only to their business models and operational approaches, but also to both their tactical and strategic mindsets.
A worker checks the temperature of a woman as she enters an office building in the Central Business District in Beijing as the country is hit by an outbreak of the novel coronavirus, China February 24, 2020. REUTERS/Thomas Peter The combination of de-globalisation and the misuse of artificial intelligence and big data to infringe individual privacy is similarly troubling. This could lead to questionable behaviour by some governments and encourage malicious non-state actors to disrupt societies and economies.
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