What is the New Normal after the Corona Crisis?
The New Normal occurred first after the big financial crisis back in 2007-2009. After the financial crisis the entire world went into savings mode. The consumption decreased, and the savings increased. We have not in our time experienced an economical crisis to this extent, which is why we are now saving for worse days. This behavioral change created the phenomenon ”The New Normal”. The term describes the “new” future that awaits us when a crisis has come to an end and life goes on. However under new circumstances.
The corona crisis is not directly comparable to the Wall Street Crack, since it is a pandemic. Which means that it probably will not cause the same amount of economical damage. On the other hand, the corona crisis will affect work methods and the need for digital development. Within the industrial world, many production companies have been challenged on their usual work methods since digitalization and newer technologies are still only used to a certain extent.
Our take on New Normal after the Corona Crisis
How have we adapted to the New Normal?
If you want to find the bottleneck, you’ll put one or more employees on the case and that could be costly in hours and therefore dollars. Therefore, in these times where efficiency optimization and a spot free production line is particularly important, digital tools and data collection systems are important elements. They can minimize the mistakes and improve the efficiency of the production. The digital needs of the customers have increased, and we feel that at Trendlog.io where the work methods have changed as well.
The corona crisis has also affected the days at Trendlog.io in the sense that there are an increased demand for digital tools and limited physical contact between the links. The consequence is that we’ve had to think even more standardization into our processes and the contact with both existing and new customers. We do this with online meetings (as far as possible) as well as documentation and guidance which makes it easily understandable for our customers to look for answers to their questions and get guidance on the product-related stuff.