“Unsurprisingly, the organizations that were furthest down the digital transformation journey before COVID-19 struck are tending to adapt to the crisis better than their peers. Their business models and working processes meant that they were able to pivot more rapidly or accelerate changes already underway. The businesses that lack a robust digital backbone or an online presence have struggled, as have those exposed to bricks-and-mortar retail, transportation, energy and tourism sectors. Meanwhile, software companies providing collaboration tools, software as a service and cloud capacity are seeing unprecedented level of demand to meet rapidly changing customer and business demand.”
“However, businesses, no matter how digitalized, need to try and look beyond the immediate business continuity or liquidity issues caused by the pandemic. As more focus turns to the loosening of restrictions in place by governments, we think businesses should be reframing what the future may look like.”
“What lessons should we take from this unprecedented pandemic to prepare for the “new normal” following COVID-19? How can we enable our organizations to thrive in a post-crisis world? Perhaps we can start by thinking about these four things:”
MAA COVID-19 INFORMATION DISCLAIMER:
The Medical Alley Association is providing COVID-19 related information, including the “COVID-19 Resource Connect” feature on its website and summaries of laws, executive orders, and government programs that may be of interest to members, as a public service. The Medical Alley Association makes no representations, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the COVID-19 related information provided by the Medical Alley Association on its website, in newsletters, or in any other communications. The Medical Alley Association specifically disclaims any and all liability for any claims or damages that may result from providing COVID-19 related information online or in other communications or linking to third party websites or other sources of information. The Medical Alley Association makes no effort to independently verify, and does not exert editorial control over, information provided by third parties.
The Medical Alley Association does not endorse any of the products, vendors, consultants, or documentation referenced in, or connected to parties through, the COVID-19 Resource Connect feature or via email or other communications.