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The New Normality: A Paradigm Shift

By Chaotics in Business strategies, Chaotics, The New Normality at March 19th, 2009

Chaotics investigates in detail the changing business environment coined The New Normality, the notion that the world is fundamentally different as a result of the evolving economic, financial, political and social landscapes.  These changes are not temporary but rather permanent.  The McKinsey Quarterly has a great article on The New Normal, which clearly articulates many of these changes:

“It is increasingly clear that the current downturn is fundamentally different from recessions of recent decades. We are experiencing not merely another turn of the business cycle, but a restructuring of the economic order.”

The article accurately notes that going forward there will be new challenges, but opportunities remain:

“The business landscape has changed fundamentally; tomorrow’s environment will be different, but no less rich in possibilities for those who are prepared.”

Built on this belief, Chaotics is the fundamental tools and new business strategies to cope with The New Normality and to be successful.  Please leave a comment with any observations you have on how the business world is changing fundamentally.

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