Tuesday, August 18, 2009

The New Norm

I heard this term "THE NEW NORM" on a business talk show and it refers to life after recovery from the current global recession. The New Norm what a scary reality, you mean life is not going to be the same a few months in the future?! duh.... what do you think?

A lot has changed, organisations and even countries were stripped of their civilised exterior, that thin veneer of civility to reveal an ugly and scared entity lurking below. Foreclosures by the thousands, not even willing to negotiate a payment plan, putting people off on the street, out of a job, the number of times I heard how we are a good neighbours, socially responsible and community oriented, all went down the drain, reacting like scared wounded animals.

Yes, after this recession there will be "The New Norm" but what kind of norm is it going to be?

Is it a civilised and benign norm or a more austere, harsh and insensitive norm. Will we have learnt our lessons? Will we forget and forgive? There is a big divide, a huge credibility and trust problem between people and institutions. Those who lost their life savings, retirement funds, their hard earned money after a life time of toiling, will they ever manage, their lives have been transformed permanently.

Life will continue, regardless of "The New Norm" but the scars for some of us will be too deep to heal quickly. Will they live in a bitter world? For some of us, the lucky ones who have weathered the storm with minimal damage, "The New Norm" might not be that much different from the old one, but we better learn from this life lesson.

I hope "The New Norm" will be a kinder and more humane norm but who knows.............

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