Covid-19 has brought chaos – and vast new possibilities
Do Not Crowd by Mathery

Covid-19 has brought chaos – and vast new possibilities

With existing systems crumbling, businesses will need to quickly recalibrate, using fear as a positive catalyst to create future-fit strategies.

With existing systems crumbling, businesses will need to quickly recalibrate, using fear as a positive catalyst to create future-fit strategies.

Casa by Mathery Casa by Mathery

We are realising the power of collective action. Perhaps in this chaos there is a window of opportunity that we can seize

Victoria Buchanan, futures analyst, The Future Laboratory

Covid-19 is forcing the world to act, despite being severely constrained by unknowns and uncertainties. While the pandemic is hugely unsettling and worrying, it is also an opportunity for organisations, businesses and communities to test their resilience while exploring new and more agile systems fit for a transformative 21st century.

‘Humans are incredibly adaptable,’ says Ana Andjelic, a strategy executive and doctor of sociology. ‘Even when a dire situation becomes a new normal and we start to operate within that new reality, new ways of socialising, joking and working emerge.'

Amid Covid-19’s grip, The Future Laboratory has already witnessed many of the innovations we’ve talked about with our clients over the past five years quickly moving into the mainstream. Businesses are adopting working from home en masse, while house-bound humans are nimbly pivoting to social gatherings using digital platforms like Zoom, House Party and Instagram to create cloud-based club nights, live-streamed sound baths and digital book clubs.

Restaurants are exploring new operating models; in lieu of physical footfall they’re becoming dark kitchens, embracing to-go formats and no-contact food delivery. In Seattle, fine dining restaurant Canlis has already redesigned its entire fine dining business model to offer a breakfast beigel shed, a burger drive-through and a dinner delivery service.

Despite the challenges they face, brands are also stepping up to their civic responsibilities by helping governments and public institutions to navigate the crisis. Luxury goods group LVMH drew on its manufacturers to swiftly produce hand sanitiser, which it donated to French hospitals. In the UK, Best Western hotels has even offered to turn its properties into temporary hospitals if the NHS requires bed space.

The Covid-19 disruption is already having positive environmental benefits
Do Not Crowd by Mathery Do Not Crowd by Mathery

While the daily sense of anxiety feels like it might never end, the foresight professional in me is already looking to the future. We are realising the power of collective action, and perhaps in this chaos there is a window of opportunity that we can seize in order to rewrite old ways of thinking.

I have been re-energised and inspired by reading Antifragile, a book by philosopher and author of The Black Swan, Nassim Nicholas Taleb. Back in 2012 he examined how humankind – as well as industry – not only gains from chaos but requires it in order to survive and flourish. Amid discussions around uncertainty as being something desirable and powerful, Taleb argues that ‘some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder and stressors’.

Indeed, the Covid-19 disruption is already proving to have positive environmental benefits. NASA and the European Space Agency report that, since January, their satellites have recorded a major drop in global air pollution. In Venice, wildlife is returning to a tourist-free city as the quality of its canal water improves.

It is an exciting time to work in the discipline of foresight; to lean into this changing landscape, imagining new possible scenarios and building future-fit strategies to turn this uncertainty into action. Right now, businesses need to recalibrate and regard fear as a positive catalyst, not a threat to all that we know.

Our Covid-19 report examines the pandemic’s cross-sector impact and outlines key opportunities for brands and businesses in the year ahead. Read it here on 25 March.

Discover More Viewpoints
The Power of Precision Micro-Influencing

Viewpoints

The Power of Precision Micro-Influencing

In the fervour of elections, micro-influencers wield significant power, showing how citizens are placing more value and trust in the voices of thei...
Media : Society : Election
Longevity Skincare

Viewpoints

Longevity Skincare

Fjör founder Natalie Enslöw and scientific lead Mats Clarsund tell LS:N Global about Fjör, a medi-beauty line inspired by wound healing science and...
Beauty : Skincare : ​Fjör
Creating a Metaverse Wine Community

Viewpoints

Creating a Metaverse Wine Community

Crurated is re-inventing the way collectors buy, store and enjoy wine – offering lessons in neo-collectorship for other sectors. Founder and CEO Al...
Wine : Crurated : NFT
Practical Paths to Planet-Positive Luxury

Viewpoints

Practical Paths to Planet-Positive Luxury

Diana Verde Nieto tells LS:N Global about Reimagining Luxury, her latest book on how to build a positive and sustainable future for brands.
Luxury : Advertising & Branding : Sustainability
How Climate Change is Re-routing Travel

Viewpoints

How Climate Change is Re-routing Travel

New destinations, off-peak travel times and safety concerns are the new normal for travellers. Players in the sector must adapt accordingly, or the...
Sustainability : Travel & Hospitality : Society
The Future of Women’s Health

Viewpoints

The Future of Women’s Health

Dr Somi Javaid, founder and chief medical officer of HerMD, tells LS:N Global how its clinics can help fix a broken healthcare system and close the...
Women's Health : HerMD : Preventative Healthcare
Immersive Living Spaces

Viewpoints

Immersive Living Spaces

Design innovation consultant Matthew Cockerill talks to LS:N Global about how augmented and mixed reality will be at the core of the future of the ...
Mixed Reality : Smart Homes : Augmented Reality
Autonomous Retail Futures

Viewpoints

Autonomous Retail Futures

Lisbon-based start-up Sensei’s just-walk-out technology places convenience and intuition at the heart of the retail experience, says co-founder Joa...
Artificial Intelligence : Future Of Retail : Autonomous Retail
Regulating Clean Fashion Futures

Viewpoints

Regulating Clean Fashion Futures

Maxine Bédat, the founder of New Standard Institute, discusses potential implications of The New York Fashion Act for businesses and consumers.
Fashion : Sustainability : Retail
The Experimental City

Viewpoints

The Experimental City

The Living Lab 040 is an experimental Dutch neighbourhood putting people at the heart of the cities of tomorrow. LS:N Global speaks to directors Mo...
Design : Future Cities : Society
You have 2 free News articles remaining. Sign up to LS:N Global to get unlimited access to all articles.
BECOME A MEMBER
SIGN IN

What do we use cookies for?

We use cookies to enable the use of our platform’s paid features and to analyse our traffic. No personal data, including your IP address, is stored and we do not sell data to third parties.

Learn more