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Old 07-20-2020, 08:58 AM
  #1  
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Default Old business models may require revising...

The business world may be fundamentally changing.

https://news.google.com/articles/CAI...S&ceid=US%3Aen


https://www.bloomberg.com/news/artic...s-they-knew-it


https://onemileatatime.com/american-...-meal-changes/
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Old 07-20-2020, 09:51 AM
  #2  
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Work at home is great when there is a fear of going outside and being social. Wait til a vaccine is distributed and covid isn't the big deal it is today. Work at home productivity will drop rapidly when workers decide to hit the golf course when they are supposed to be productive and employers will normalize 5 day work weeks again. Same with business trips. They are used as a way of rewarding the best workers, or used as a way of personalizing a deal in a way a competitor isn't. Think industry conferences in Vegas or doing a big deal over a steak dinner with a client.

It will all come back, but it will take time. Give it 1-2 years before we completely write off business travel.
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Old 07-20-2020, 10:20 AM
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Originally Posted by Flyby1206 View Post
Work at home is great when there is a fear of going outside and being social. Wait til a vaccine is distributed and covid isn't the big deal it is today. Work at home productivity will drop rapidly when workers decide to hit the golf course when they are supposed to be productive and employers will normalize 5 day work weeks again. Same with business trips. They are used as a way of rewarding the best workers, or used as a way of personalizing a deal in a way a competitor isn't. Think industry conferences in Vegas or doing a big deal over a steak dinner with a client.

It will all come back, but it will take time. Give it 1-2 years before we completely write off business travel.
Not sure it will all come back.
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Old 07-20-2020, 10:42 AM
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Originally Posted by senecacaptain View Post
Not sure it will all come back.
Or it may just end up elsewhere:

https://www.northwestgeorgianews.com...0d49a3f6d.html
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Old 07-20-2020, 10:57 AM
  #5  
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Originally Posted by senecacaptain View Post
Not sure it will all come back.
they said EXACTLY the same thing after 9/11
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Old 07-20-2020, 11:33 AM
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Originally Posted by ZapBrannigan View Post
they said EXACTLY the same thing after 9/11


But we didn’t have the likes of Zoom,MS Teams,et al back then either.


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Old 07-20-2020, 01:43 PM
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Originally Posted by ZapBrannigan View Post
they said EXACTLY the same thing after 9/11
We've had 20 years of improvements in information technology since then. Hell, Skype was only invented in 2003, and do you remember how terrible Skype was back in the day?

Personally, I know at least 4 software engineers who have gone fully remote as a result of the pandemic, and I could see the phenomenon actually help air travel. One of these guys works for a company that plans to fly him out on a quarterly basis since he is moving out of state, whereas before he would've never flown on the company's dime since he had to live locally to commute to the office. While it's only one person flying four more times a year than he would have in the past, if you multiply that by 100,000 or a million times depending on how widespread this practice is , the effect could be noticeable. The work from home revolution might be a boon for the airlines
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Old 07-20-2020, 01:46 PM
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If YOUR work can be done at home, YOUR work can be done from someone in India or ?China.
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Old 07-20-2020, 03:13 PM
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Originally Posted by furloughfuntime View Post
We've had 20 years of improvements in information technology since then. Hell, Skype was only invented in 2003, and do you remember how terrible Skype was back in the day?

Personally, I know at least 4 software engineers who have gone fully remote as a result of the pandemic, and I could see the phenomenon actually help air travel. One of these guys works for a company that plans to fly him out on a quarterly basis since he is moving out of state, whereas before he would've never flown on the company's dime since he had to live locally to commute to the office. While it's only one person flying four more times a year than he would have in the past, if you multiply that by 100,000 or a million times depending on how widespread this practice is , the effect could be noticeable. The work from home revolution might be a boon for the airlines
Exactly. I could see this eventually working out in our favor. Plenty of people could now move to wherever they really want to live, do most of their work online at home, and occasionally attend in person at a central location as needed.
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Old 07-20-2020, 03:16 PM
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Originally Posted by galaxy flyer View Post
If YOUR work can be done at home, YOUR work can be done from someone in India or ?China.
Exactly correct and for much cheaper!
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