Rotman Management

Leadership Forum: Reimagining the Future

Martin Lindstrom

Author of seven New York Times best-selling books, advisor to Fortune 500 brands; ranked #20 most influential management thinker by Thinkers50

WHAT WE ARE EXPERIENCING WITH COVID-19 can be seen as the first global 9/11. That event from 2001 has been studied extensively in terms of its impact on people’s brains. We now know that it was a very powerful ‘somatic marker’ — USC Neuroscientist Antonio Domasio’s term for positive or negative ‘bookmarks’ in our brains that affect our behaviour and decisions for years to come.

When we have such a negative emotional bookmark, it has a profound impact on how we behave, how we interact with other people — and even how we shop, and we are seeing all of this with the pandemic. This is one of the most prominent global negative somatic markers most of us will ever face in our lives, and it is causing a significant amount of fear. The ‘fear centre’ of our brain is called the amygdala, and when it is activated it can lead us to be highly irrational.

Fear is behind a lot of what is going on these days. As humans we are very attached to our tribes, and the pandemic has caused us to be separated from those tribes. When we are around other people, we may find ourselves afraid to sneeze or show any symptom that could be construed as COVID-19. That’s because the amygdala is activated and we are terrified of being excluded from the tribe.

In 2009, the World Health Organization announced to the media that two billion people were at risk of being infected by the H1N1 virus. And yet, I do not recall any particular frenzy around this announcement at all. To be clear, I am not disputing what is going on right now. It is indisputibly horrible. But my question, as an analyst of consumer and human behaviour is, why is the reaction so much more extreme this time around?

You’re reading a preview, subscribe to read more.

More from Rotman Management

Rotman Management6 min read
In an Era of Digital Everything, Is Lean Still Relevant?
NO ONE WOULD argue that digital technologies are taking the world by storm. Spending on these technologies and services worldwide was US$1.85 trillion in 2022 — a 185 per cent increase over the last five years. Undoubtedly, digital tools have shifted
Rotman Management8 min read
Management: Philosophy in Action
LOOKING BACK OVER MY CAREER, I sometimes I think of a roller-coaster as an analogy for the relative arbitrariness of a career: there are ups and downs, not necessarily related to personal effort or work. Today’s success does not guarantee tomorrow’s
Rotman Management13 min read
ESG RISK: What’s on Your Radar?
IN THE CURRENT ENVIRONMENT, ESG risks pose one of the greatest threats to public companies’ abilities to deliver predictable results. A recent Bank of America study calculated that 24 ESG incidents in the period 2014–2019 cost U.S. public companies o

Related Books & Audiobooks