This title is not available for you
Sorry, this title is no longer available. Please try using the search feature as another version of this work may be available. If you think we've made a mistake, please contact Audible Customer Care at 1-888-283-5051.
Post Corona: From Crisis to Opportunity Audible Audiobook – Unabridged
Brought to you by Penguin.
The New York Times best-selling author of The Four and NYU Business School professor delivers an insightful, urgent analysis of who stands to win and who's at risk to lose in a post-pandemic world.
The Covid-19 outbreak has turned bedrooms into offices, pitted young against old and widened the gaps between rich and poor, red and blue, the mask-wearers and the mask-haters. Some businesses, like Amazon and video conference software maker Zoom, woke up to find themselves crushed under an avalanche of consumer demand. Others, like the restaurant, travel, hospitality and live entertainment industries, scrambled to not become instantly obsolete. But the pandemic has not been a change agent so much as an accelerant of trends that were already well underway.
In Post Corona, Galloway outlines the contours of both crisis and opportunity that lie ahead. While the powerful tech monopolies will thrive in the disruption other businesses, like higher education, will struggle to maintain a value proposition that no longer makes sense when we can't stand shoulder to shoulder. Combining his signature humour and brash style with razor-sharp business insights, Galloway offers both warning and hope in equal measure.
- Listening Length5 hours and 39 minutes
- Audible release dateNovember 26, 2020
- LanguageEnglish
- ASINB08L88Y887
- VersionUnabridged
- Program TypeAudiobook
Read & Listen
Get the Audible audiobook for the reduced price of $8.49 after you buy the Kindle book.
People who viewed this also viewed
- Audible Audiobook
- Audible Audiobook
- Audible Audiobook
- Audible Audiobook
- There Must Be a Pony in Here Somewhere: The AOL Time Warner Debacle and the Quest for the Digital FutureAudible Audiobook
People who bought this also bought
- Audible Audiobook
- Audible Audiobook
- Audible Audiobook
- Audible Audiobook
- Audible Audiobook
Related to this topic
- Audible Audiobook
- I Will Teach You to Be Rich: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works (Second Edition)Audible Audiobook
- Audible Audiobook
- 12 Months to $1 Million: How to Pick a Winning Product, Build a Real Business, and Become a Seven-Figure EntrepreneurAudible Audiobook
- Audible Audiobook
Product details
Listening Length | 5 hours and 39 minutes |
---|---|
Author | Scott Galloway |
Narrator | Scott Galloway |
Whispersync for Voice | Ready |
Audible.com Release Date | November 26, 2020 |
Publisher | Penguin Audio |
Program Type | Audiobook |
Version | Unabridged |
Language | English |
ASIN | B08L88Y887 |
Best Sellers Rank | #290,979 in Audible Books & Originals (See Top 100 in Audible Books & Originals) #88 in Macroeconomics (Audible Books & Originals) #250 in Economic Conditions (Audible Books & Originals) #946 in Macroeconomics (Books) |
Customer reviews
Customer Reviews, including Product Star Ratings help customers to learn more about the product and decide whether it is the right product for them.
To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. It also analyzed reviews to verify trustworthiness.
Learn more how customers reviews work on AmazonReviews with images
-
Top reviews
Top reviews from the United States
There was a problem filtering reviews right now. Please try again later.
Top reviews from other countries
Galloway’s view is that the pandemic’s enduring impact will be an acceleration for technology, and no area of the economy will be left unchanged. The book and the case studies are all US centric but you don’t have to work hard to apply Galloway’s work to other markets.
E-commerce accounted for 16% of US retail in March 2021 and was growing approximately one percent per year. Eight weeks later it accounted for 27%. If your organisation sells a product or service it must have an online shop front. This rapid shift to digital, resulting from lockdown, is a fundamental trend that will have a fundamental impact on every area of society and business in the future.
After a fall at the outset of the pandemic in Spring 2020, all the major UK and US market indices quickly recovered and continue to climb. But the impact of the crisis has been unequal. The crisis paid out a premium in valuation to organisations with an innovation narrative while stocks in bookings, entertainment, airlines, cruises and resorts were hit 50-70%. Companies with cash and highly valued stock will be able to buy the assets of distressed competitors in the coming months and years.
The crisis has acted as a wrench on societal division. Middle class professionals in secure work have worked from home, saved money on commutes, seen equity and property investments rise, and stayed safe. People in public health, public service and frontline roles such as couriers, postal workers and supermarket staff have worked harder than ever on the frontline of the crisis. We owe them a huge debt. Freelancers and people working in areas of the economy that have shut down such as culture, entertainment, and travel have had an awful time.
Big tech has had a good crisis. Netflix replaced cinema. Shopify supported online retail. Zoom because the default location for personal and private meetings. Galloway calls out Amazon, Apple, Facebook, and Google. These companies have all become too big to fail and are characterised by their market dominance. He suggests that a breakup would fuel innovation.
There’s an interesting footnote for marketing services companies. Google (114%) and Facebook (174%) have both seen significant share price growth in the last five years. According to eMarketer they own 61% of digital ad spend. Meanwhile IPG (-9%), Omnicom (-24%), Publicis (-51%) and WPP (-65%) are all down. Its brutal.
Galloway calls out VC funded organisations built on a dubious proposition and the premise of “fake it until you make it.” He reports a shakeout that is already underway. Using capital to buy market share isn’t a sustainable business model and it has failed completely during the pandemic. Galloway cites the example of Casper, an online mattress manufacturer that lost $349 on every sale. There are 175 mattress manufacturers selling online besides Casper. The company floated in February 2020 at $1.1 billion, equalling its pre-market valuation, and immediately lost 30% of its value in the first week of trading.
Education will be changed forever by COVID-19. The price of higher education has been inflated beyond any reasonable measure of value according to Galloway. Its value proposition of credentials, learning and a right of passage has been destroyed by the virus. Galloway suggests that the strongest university brands will prosper by increasing their reach via the internet while others will fail. He also suggests that technical and professional education will be disrupted by the organisations that are likely to be best served by training an empowered workforce.