Transition in economy
In the second episode, Nanjunda Pratap Palecanda, evangelist and mentor, looks at the transition that has taken place in the economy following the lockdown. “These days, whom are you able to count on much?” he asks. “It is not those unicorn startups, but standalone stores in the neighbourhood,” he says.
Hyperlocal stores, the new future
According to Nanjunda, one major aspect this period has revealed is the significant change that hyperlocal stores are going to make in the future. “The support system that we use today will be going forward. That means the world is moving from a globalised economy to a distributed economy. It is about creating value locally, dependably and sustainably,” he explains. In a nutshell, a business with regional value will gain more relevance and survive in the future. Listen to him in the ‘DISCOVER AND RECOVER’ segment of channeliam.com.
