Under in crisis and under stress we tend to be more open and innovative. This is our natural reaction which allows us to cooperate and solve new complex problems. Openness also is an important component of innovation without which innovation is always drastically reduced.
Coronavirus crisis is causing substantial stress to everyone, including company owners and managers, and, as a result we have noticed that in past months SMB owners and managers have shown an increase in openness and innovation which manifested as:
– More direct requests for business cooperation with other companies and individuals;
– More direct requests for practical advice from people who were previously not engaged;
– More direct inquiries towards customers instead of reliance on covert analysis and sales-only-communication.
It is our expectation that after the Coronavirus crisis we will see an increase in cooperations, partnerships, know-how, and innovative products and services. While the effect of Coronavirus crisis is devastating to the majority of us, innovators had a chance to channel more of their creative resources into new projects, which hopefully can benefit everyone.
Maybe 2020 and 2021 will be Wonder Years in some industries.