Monday, 9th of November 2020… the DAX goes through the roof and breaks through the 13,000 mark. What happened?
The crash of the Zoom share between 12:00 and 13:00
A few minutes after the announcement from the vaccination sector, another stock is going down similarly drastically: Zoom – the darling of investors since about mid-March. What? No more online meetings? Was that what was meant by “back to normal”?
The organisation of disorder is less and less central
No – even if (almost) all of them are vaccinated ‘from tomorrow’ … the zooming will continue. Not because travelling is contagious or because driving for the two hours meeting is not worth it after all. The reasons are different: Digitalisation, globalisation, scattered and at the same time networked information. In the future, it will become increasingly important to make an initial quick decision together with several people. ‘Show the rough direction’ – no need for detailed plans after endless preparation and analysis. And just as long face-to-face sessions including Power Point battles. It needs a short spontaneous conference of all those who contribute information. And they are not always sitting in one and the same place right now. Leading at a distance, lateral leadership, quick decisions by consensus are not extraordinary measures in pandemic times. They are characteristics of a less hierarchical, less predictable and less centralised organisation of organisation. Organising the disorder of things – that is leadership in the digital transformation.
picture: Shutterstock (249397207)