Rewarding risk-takers properly in the new normal

The SARS-CoV-2 which is responsible for Covid-19 is a nasty virus. It picks up a small number of reckless people as its favourite carriers and let them spread itself to lots of people in a short time including vulnerable populations like rest home residents. Once spread it is very hard and takes very long time for a patient to recover from it and for a community to eradicate it.

The disease is causing a very big trouble for otherwise prosperous entrepreneurs as they are basically risk-takers and improvisers. Not only the social impact by the disease itself but also the governments’ prevention and control measures against Covid-19 would pose significant restrictions to their business practices which would be productive and innovative in normal circumstances.

Their appetite for risk-taking should be encouraged and rewarded once the full economic recovery comes into our views as the disease is under control. However the economies agreed to their requests too early are seeing failure in containment or in preventing relapsing of the pandemic.

What we can do to reward risk-taking (especially small) business owners right now would be sincerely listening to their concerns and faithfully discuss on possible alternatives for their previous business norms and supports shifting to a new normals based on both warm empathy and hard facts. It is actually a courageous act to speak up as lots of people would like to play save at the moment.






Me pēhea te whakatītina mō ngā waewae kai kapua i ngā tikanga hou

He whakaweriweri te mate korona. Ka kōhiti ia i ngā kotoiti tōtōa mō āna kaitītaritari ki te whakamate i ngā pio tūoi. Ka roa te wā e ora ai te tūroro. Ka roa te wā e haepapa ai te iwi i a ia.

Ka āwangawanga ngā waewae kai kapua i momoho i ā rātou mahi i mua i te mate korona. He nui ngā rāhui. He iti ngā hui. He nui ngā raruraru. He iti ngā hua.

Me wewete petapeta rātou kia tae mai te wā. Engari, kia tūpato kei wawe tātou ki te whara i te mate korona.

Me pēhea te whakatītina mō rātou anāianei? Āta whakarongo mai i rātou.

To be, or not to be: Essential, urgent or necessary

A call for restructuring is never without upsetting. But this time it is global and ubiquitous with huge impact and disturbance which are unavoidable for virtually everyone on the planet. Suddenly your business, your role and your job without exceptions have been thrown into an existential question, if your business, your role or your job is essential, urgent or necessary.

This is really a tough call. As it has been long since we moved into the economy by majority comprised of tertiary industries, or service industries, most of us even with “decent” jobs would have difficulties in affirming our jobs are actually essential, urgent or necessary without any doubts.

Even for those in primary and secondary sectors things are not so different. Because most of people working in these sectors, too, are engaged in tertiary industry-ish jobs rather than stereotypical ones.

However, even if your business, role or job is not deemed essential, urgent or necessary it does not make it negligible or dispensable at all. That is why governments around the world were swift in putting job protection measures in place. First, your household requires it as the source of livelihood. Also as a human does not live only on bread, a society does not produce only bread.






Ko tēnei te mahi waiwai, kāore rānei?

He āwangawanga te whakahouhou katoa. Inakuanei, ka kōkirikiritia ia tangata, ia tangata e te whakahouhou nui o te ao. Ko tēnei te mahi waiwai, kāore rānei?

Ka mahi tokomaha i ngā mahi ratonga ināianei. He pai tonu aua mahi, engari, ehara he horipū rātou. Ahakoa tonu he ahuhenua, he itiiti ngā tāngata i ngā mahinga horipū.

Heoi anō, mahia te mahi. Kāore te tangata e noho noa ake mō te parāoa. Kāore te porihanga e mahi noa ake mō te parāoa anō.

Let’s not pretend. We never expected this.

Covid-19 is indeed a real surprise attack against humanity. Although we cannot tell how it will end up just as yet, it is sure that the world will never be the same as before.

Indeed, it is a fact very hard to swallow regardless the future prospect is bright or bleak. Quite a few people are still in denial. That is the reason why so many unproductive arguments are circulating despite they will not lead us to anywhere.

I suspect that most of them come from those who have forced to abandon their winning games. Covid-19 is a decisive game changer. However, it is not a great leveller as the strong still have better chances over the weak even though they might need write off lots of their vested interests.

Simply, we are seeing a tomorrow which is not a sequel of yesterday. We were about to be fed up with a flood of sequels, weren’t we?


Covid-19 は、まさに人類に対する不意打ちと言っていいでしょう。今の時点では、どのように決着するのか予断を許しませんが、世界はもう Covid-19 以前の世界に戻ることはないでしょう。


そのような議論の発信元の多くは、せっかく勝ちそうなゲームの中断を余儀なくされた人たちではないかと思います。Covid-19 は容赦ないゲーム・チェンジャーです。ただ、一部で言われるような格差のリセットの効果はないと思います。というのは、多くの投資を損切りしなければならないにしても、このような変革期には強者の方が弱者よりチャンスが大きいからです。


Kia matatika. Kāore he tangata i matapae i a ia.

He upokotaua te mate Korona hou. He wawe te wā mō te matapaetia te mutunga ināianei, engari, he rerekē te ao i muri i taua mate ki te ao i mua i a ia.

He wero nui tonu te horopukua te hūkiki ahakoa pai ahakoa hē ka haere te whakanohonoho. Ka whakawareware ngā tāngata maha. Ka kohe rātou.

Kua katia ā rātou toanga. Kua pakaru ā rātou whakangao. Kua taka ā rātou whai. Engari, ka hapahapai te mārohirohi.

Heoi anō, ko te kōrero hou āpōpō.