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A survey conducted by Morgan Stanley, an investment bank, found that employees have adjusted their expectations for when they are likely to repopulate their desks, moving the date back from April to June. Given the slow pace of vaccinations in some countries, even that may be optimistic.
Companies have also had to adjust their expectations. Brian Kropp of Gartner, a research and advisory firm, says that businesses have gone through three phases. In the first, during the spring of 2020, they thought that the pandemic would be short-lived and that corporate life would soon return to normal. In the second, economic restrictions seemed set to last indefinitely and companies figured there was little point in planning for a post-pandemic world. In the third, current, stage the vaccines have brought hope of a reversion to normality, and businesses are trying to work out what the new world will look like.
Opinions vary widely among the nation’s top executives about how and when corporate office workers should return to their desks, The Wall Street Journal reports. Corporate America’s leaders are divided about how best to sustain productivity levels when a significant portion of staff remain remote. There is also no consensus yet about the viability of returning to regular business travel. At the same time, CEOs are actively taking on the role of advocating and facilitating vaccination shots for staff, believing that “vaccinations will facilitate a return to the office.”
Citigroup CEO Jane Fraser says she can envision all staff eventually returning to the office.
Jamie Dimon, CEO of JP Morgan Chase, counters that, “A certain amount of people work from home permanently.”
Katarina Berg, chief human resources officer of Spotify, says that in spite of this, she wants to somehow preserve Spotify’s office culture while also promoting a level of “freedom and flexibility” among staff.
On January 13, 2021, the boss of Unilever, one of the UK’s biggest companies, has said his office workers will never return to their desks five days a week, in the latest indication that coronavirus will transform modern working life.
Alan Jope, the chief executive of the consumer goods group, said the company would also encourage all of its employees to receive vaccinations against Covid-19, but would stop short of making jabs mandatory. Employees who opt not to be vaccinated, however, will face mandatory testing.
Jope said the company would look at different working patterns after it saw during the pandemic that it could adapt and make big changes far more quickly than previously thought.
- Unilever, the third most valuable company on the London Stock Exchange, is the maker of brands including Dove soap, Ben & Jerry’s ice cream and Marmite. It also owns Hellman’s, Knorr, Lipton and Persil.
Source: Economist Feb 20th 2021 edition, Wall Street Journal March 15, 2021, Bloomberg March 14, 2021, The Guardian January 13. 2021
Additional Publications on COVID-19 by Said El Mansour Cherkaoui
Coronavirus Clashes with U.S. Liberalism and Globalization
U.S. Coronavirus cases rise in 41 states New cases of the coronavirus outbreak have soared in 41 states over the past two weeks, leaving local and state governments “scrambling to try to contain it,” The New York Times reports. Cities and states are moving to implement a mélange of sundry measures. Alabama and Montana issued compulsory mask orders, and Pennsylvania Gov. Tom Wolf cited “an unsettling climb” … Continue reading Coronavirus Clashes with U.S. Liberalism and Globalization
Coronavirus Function, Fiction and Friction
JE VOIS, JE VOIS L’ÉTOILE DANS L’HORIZON DE LA VIE Je vois le côté brillant de l’âge sombre de la célébrité en déclin JE VOIS, JE VOIS LA FIN DU TUNNEL ET LE LANCEMENT DE LA NOUVELLE LUMIÈRE JE VOIS, JE VOIS LE MIROIR RÉFLÉCHISSANT LA NAISSANCE DE NOUVEAUX NOMS POUR DE VIEILLES ÉTOILES I SEE, I SEE THE STAR IN THE HORIZON OF LIFE … Continue reading Coronavirus Function, Fiction and Friction
Coronavirus Swinging News
Swing and Spike ★ Coronavirus ★ Rocking the Casbah, Shaking the Cities around the World Balançoire et Remontée de Coronavirus Coronavirus Global Mirror ★ World Upset and Upside Down ★Coronavirus Mirroir Global ★ Monde Bouleversé et à l’Envers ★ Continue reading Coronavirus Swinging News
★ Global Mirror ★ ★ Coronavirus ★ ★ Miroir Global ★
By Said El Mansour Cherkaoui MAY 14, 2020 ★ UPDATES ★ Friday June 26, 2020 ★ Worldwide Cases Overview Confirmed9.68 M+167 K Recovered4.88 M Deaths491 K+5,336 More locations and statistics Latin America Number of Covid-19 cases in Latin America has tripled in the past month, surpassing 2 million infections, the Pan American Health Organization said. Argentina president reimposes Buenos Aires lockdown due to accelerated Covid-19 … Continue reading★ Global Mirror ★ ★ Coronavirus ★ ★ Miroir Global ★
★ ★ ★ Coronavirus Trends ★ ★ ★
★ UPDATES ★ Friday July 7, 2020 ★ Worldwide Cases Overview The world reached two tragic milestones on Sunday — 10 million COVID-19 cases and 500,000 deaths — with 1 million infections added in the past six days even as nations eased lock-downs and focused on economic recovery. Five million people have recovered. Infections keep rising in Latin America, parts of the United States and … Continue reading★ ★ ★ Coronavirus Trends ★ ★ ★
Coronavirus, Young Entrepreneurs and Startups
02 June 2020 ITC COVID-19 Business Impact Survey In April and May 2020, the International Trade Centre surveyed over 2,000 business leaders and managers in 130 countries, including beneficiaries of ITC’s Youth and Trade Programme. One-fifth of the respondents were under the age of 35. One in four young people around the world are entrepreneurs or self-employed¹. Aged between 18 and 34 years of age. Raising … Continue reading Coronavirus, Young Entrepreneurs and Startups
Coronavirus Challenges Africa
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Coronavirus Backlash in the U.S.A
Only in USA, we open and close businesses like we open and close drawers ….. of the cash-registers !!!! Several city and state governments are putting reopening plans on pause and reviving restrictions on bars and social gatherings following a spike in coronavirus infections. New U.S. COVID-19 cases on Wednesday jumped by over 50,000 in a single day for the first time, marking yet another record. The U.S. may … Continue reading Coronavirus Backlash in the U.S.A
Tesla Drive-Through Coronavirus in California
Arm wrestling between Elon Musk and California State sends electric shocks into the coronavirus battered and bruised American business body 5/14/2020 – A California county will allow Tesla to prepare to restart its 5/14/2020 – A county in California will allow Tesla to prepare to restart its US auto plant next week if it takes additional safety precautions, health workers said. The statement came after … Continue reading Tesla Drive-Through Coronavirus in California
Evolving Coronavirus Risk Factors on International Trade
In the wake of such catastrophes as SARS; the attacks of Sept. 11, 2001; Hurricane Katrina in 2005; and the meltdown at the Fukushima Dai-ichi nuclear power plant in 2011 and now the Coronavirus having caught politicians, policy makers, and financial markets off guard and taking the whole humanity to uncharted territory of restrictions, bans and confinments. Continue reading Evolving Coronavirus Risk Factors on International Trade
Globalization ★ Coronavirus ★ Globalisation
5/26/2020 Japan is lifting a state of emergency for Tokyo and four remaining areas. China abandoned its annual growth target for the first time in a quarter-century. The U.K. says it will implement a two-week quarantine for anyone — including British citizens — arriving by air or land, starting next month. The number of confirmed global coronavirus cases has surpassed 5 million, according to data from Johns Hopkins University. Donald Trump interdit l’entrée des étrangers venant … Continue readingGlobalization ★ Coronavirus ★ Globalisation
US Intervention Versus Coronavirus Clashes with Liberalism and Globalization
The Aftermath of Coronavirus? Is this a Mathematical Formula or New Readings of Economic State Intervention? Where is the Invisible Hand of the Market? A second lecture more sincere of the works of David Hume and Adam Smith as well as David Ricardo needs to be conducted without having preconceived prism on our thoughts and perspectives that focus only and extract as well as manipulate … Continue readingUS Intervention Versus Coronavirus Clashes with Liberalism and Globalization
Courage and Appreciation by President Trump
President Trump’s physician, Dr. Sean Conley, said Sunday that Trump “has continued to improve” at Walter Reed National Military Medical Center as he’s treated for COVID-19. Conley said the president has experienced “two episodes of transient drops in his oxygen saturation” and has been given the steroid dexamethasone. He and first lady Melania Trump announced early Friday that they tested positive for COVID-19. The White House said the president … Continue reading
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