Existential wobbles

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Recovering confidence is key

Economies and people across the globe continue in some chaos thanks to a virus that has been replicating itself within humans for at least the past six months. This is not the first time humankind has faced a threat from what is essentially a tiny wisp of genetic code, and it won’t be the last.

ChaosThe confidence exhibited in recent years in our ability to control our destinies and day-to-day lives has taken a beating. Add to this the fact that heightened risks we see at every turn are playing on our psyche and colouring our responses. Are leaders within companies and governments aware of the extent of this existential wobble? Are they alert to the need for a change in status quo? Can they be entrusted with the enormous task at hand? The patchy and often less-than-adequate responses to the ongoing challenge may suggest the full picture is yet to register and this is far from ideal.

Meanwhile, as restrictions on movement begin to relax in many places, a so-called “new normal” is taking root. As such, even as companies across India face a host of legal challenges, some have been able to reel in big-name international investors to participate in their deals. Even so, there is little certainty about the contours of this new normal.

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