Who Led the Digital Transformation of Your Company? Covid-19
“You can’t delegate digital transformation for your company… You and your executives have to own it! Executives need to engage, embrace and adopt new ways of working with the latest and emerging technologies.” — BARRY ROSS, CEO AND CO-FOUNDER, ROSS & ROSS INTERNATIONAL
T
he COVID-19 outbreak is a sharp
implications since these elements have not
reminder that pandemics, like
been thoroughly investigated before.
other sporadic disasters, have
Many firms have been forced to shutter as
occurred in the past and will continue to do
a result of the COVID-19 epidemic, causing
so in the future. Even if we can't stop this
severe disruptions in various industry
deadly disease from spreading, we should
sectors. Short-term difficulties confront
be prepared to mitigate the societal
retailers and brands, including those
impacts. The present pandemic is wreaking
relating to health and safety, supply chain,
havoc on economies all around the world
workforce, cash flow, customer demand,
and it does not look like any country will be unaffected.
This
has
sales and marketing. Many industries,
far-reaching
particularly in the tourism and hospitality
implications for not only the economy, but
industries, have faced the maximum
for the entire society, resulting in drastic
challenges due to this pandemic. All
change in businesses acts and consumers
organizational functions are designed to
behaviors. As we are in the midst of a pandemic,
predicting
its
prioritize and optimize expenditures, as
long-term
well as postpone work that will not add
consequences is extremely challenging.
value in today's scenario. Companies,
Despite the fact that society has been
particularly start-ups, have imposed a
affected by multiple pandemics in the past,
hiring
it is impossible to predict the long-term economic, behavioral, or
moratorium
indefinitely.
sociological
that
Simultaneously,
will
last online
communication, online entertainment,
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