2020 created a seismic impact on how we live, work and do business. We have learnt that only those organizations that adapt quickly to the changing environment, forge better ways of working, and create resilient business models built around customer needs and expectations will be the ones that succeed in a post-COVID world. We have been thrust by necessity into a digital-first future in every aspect of business. Throughout this journey to the new normal working with major Global Fortune 500 companies across industries and geographies, we see five clear, undeniable trends emerge that are dramatically and rapidly reshaping businesses and industries around the world. Moving from offline to online : Many companies around the world moved simultaneously from online being just a channel to it being the primary engine of their businesses, creating one of the biggest collective business-model shifts in history. From virtual doctors becoming a norm for patients and educational institutions … [Read more...] about Learnings from the pandemic: How to navigate the new normal in 2021
Centripetal acceleration roller coaster
Volvo will only sell all-electric vehicles by 2030, is moving all EV sales to online-only model
What just happened? Volvo has announced it will only sell electric vehicles by 2030, phasing out all car models with combustion engines, including hybrids, over the next nine years. The company previously said it's aiming for 50 percent of global sales to consist of fully electric cars by 2025 and wants to become an all-electric automaker within twenty years; this new 2030 target represents an “acceleration” of the electrification strategy. Swedish company Volvo, owned by the Chinese Geely Group, says the new target date is driven by strong early demand for its first EV, the XC40 Recharge that launched last year, and an expected expansion of EV charging infrastructure. Volvo also said it is increasing its focus on online sales. The company will be rolling out several new fully-electric models in the coming years, all of which will only be available online. Volvo's first all-electric vehicle, the XC40 Recharge “To remain successful, we need profitable growth. So instead … [Read more...] about Volvo will only sell all-electric vehicles by 2030, is moving all EV sales to online-only model