Impact of COVID-19 on the Economy

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“If the start to the year 2020 wasn’t tumultuous enough, the unprecedented spread of COVID-19 has governments, researchers, experts and just all of us scrambling to find instant solutions to unknown or undefined problems. In the action-driven, fast-paced and highly engaged world that we live in, being told that the only way to combat a pandemic of this scale is to stop, sit back and be, while washing our hands, seems rather unproductive. Economy The conflicting, unconvincing and increasingly concerning messages that we are listening to with every hourly ping of our cell phone, only serves to make us feel more helpless, overwhelmed and in some cases panicked, as we can see from the high volume of toilet paper and sanitizer purchases.

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In my work as a leadership and performance coach, I see a number of corporate leaders trying to get their grip on the new reality, stay afloat and just move forward as best they can, given the circumstances. We see a rise in anxiousness, a fear of uncertainty over the future, a difficulty in working with the new collaboration technologies and a growing concern of what the economic and business impact of this will be across executives and leaders. Economy Resilience, adaptability, a mindset of positivity, focusing on priorities and a form of acceptance is what we see as essential skills that will help tide us through at this time.”



Shubika Bilkha, Partner, EdpowerU

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