Will we ever be able to return to a pre-pandemic life? Just last month, keynote speakers Tsedal Neeley and Kevin O’Leary gave their thoughts on this at a CNBC Television event. They stated that the pandemic has irreversibly transformed the business world – and society will never return to what it was.

We are witnessing a major global shift: need-based adaptation in real-time. According to Kevin O’Leary, a business speaker and investor, the changes we are making today are great for business.

“I’ll tell you one thing, I’m slashing costs left and right,” says O’Leary.

Working from home is becoming increasingly common. O’Leary stated that 33% of his employees want to remain virtual indefinitely, cutting costs that make up a large portion of a business owners’ expenses. He also points out that traveling for business purposes is no longer the norm, leading to substantial savings. Because of these emerging trends, businesses have the potential to save thousands (if not millions) of dollars a year.

Award-winning author and Harvard Business School Professor, Tsedal Neeley, stated that we have reached a new normal.

“The world has changed forever. We’re never returning to a pre-pandemic world because all of our assumptions, beliefs, and routines, have been fundamentally changed,” continued Tsedal.

While she acknowledges that many are resistant to change, Tsedal argues that we are learning to practice habits in new ways. For example, many people who previously went to the gym in person have now switched to virtual or outdoor workout classes. In the business world, meetings and events will most likely still be held in person, but the option to participate virtually will also become increasingly common.

While she acknowledges that many are resistant to change, Tsedal argues that we are learning to practice habits in new ways. For example, many people who previously went to the gym in person have now switched to virtual or outdoor workout classes. In the business world, meetings and events will most likely still be held in person, but the option to participate virtually will also become increasingly common.

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