The coronary pandemic has enormous economic and social consequences. The speed and scale at which the pandemic has taken hold raises the question of how to deal with such risks in the future and, above all, who will have to bear them. Is it the government that always has the best answer to disaster, or is the market much better able to cope? And is the citizen most resilient within his own cocoon, or when he seeks safety in community with others?
It is these fundamental questions that ABN AMRO hopes to answer in this new report. After all, tomorrow's winners will be companies and organisations that can respond flexibly to unexpected events or, even better, that are able to formulate a robust long-term strategy.
Formulating a robust strategy is easier said than done. It requires an understanding of the uncertainties that influence the organisation and its ecosystem. These may be uncertainties that are specifically relevant to an organisation, or uncertainties that relate to societal changes of a more broad nature. In this report, the bank examines two ever-present areas of tension that are currently frequently highlighted in the public debate: the balance of power between government and the free market and the search for a workable relationship between individualism and collective action.
The combination of these two areas of tension results in four scenarios for the future. This report describes how these four scenarios, at the sector level, can unfold in the period after overcoming the current crisis. The aim is not so much to give precise predictions using hard figures and point estimates, but rather to outline broadly different future worlds in support of strategic discussions and plans for the future.
Explore the future through four alternative worlds: Freedom for the strong, Open high-tech community, The Home State and The Protected State.
Source: © ABN AMRO