2020 is the year defined as “Before COVID19, During COVID19 and After COVID19“. The impact of COVID19 pandemic is everywhere and businesses are changing their ROI models to reach their customers in a best way. Here are thoughts from experts in the Digital Transformation, Artificial Intelligence, Cyber Security and Cloud Computing. Check the data and see how business are supposed to be ready for the next pandemic.
How Business Should Prepare for the Next Pandemic? – Digital Magazine
Thoughts from Industry Experts
|The hope is businesses and human society will no longer had to face such a crisis of biblical proportion. Italy and Milan, the city where I live and work, paid a very high price. In any case, in addition to having to prepare themselves with a new healthcare resiliency, the companies will have to adopt all the technologies useful for making people work with a new ethic spirit and above all connect innovation with people. In one word? #ConnectingPeople.|
|I hope we have learned and do not have “to prepare” for the next pandemic.|
I want to say that it has already been understood that digitality must be part of the business regardless of the line of business.
If we have a digital strategy that allows us to adapt our tactics in a timely manner, it will give us a strong enough base to be able to sustain ourselves in any other eventuality (even beyond a pandemic, earthquakes or other catastrophes), and agility to adapt our way of doing things quickly and effectively.
What is the strategy, as it depends on the business we are talking about, since it depends a lot on its mission and vision. The important thing is that we have to get to work immediately on building one.
This pandemic is going to leave us full of tactics, but a strategy is more than that, it is a long-term vision that must be our common thread. If our new digital reality is not incorporated into this thread, everything we did today will have been for nothing.
|First-and-foremost, every board should be asking why their organisation was not as prepared as it could have been for the Covid-19 pandemic. The warnings for such an event have been around for many years. The technologies, which firms have scrambled to use, have equally been available. Arguably, for too long, firms have given lip-service to digital transformation. This in itself should be a key learning for the future.|
Secondly, firms should assess how bureaucracy was suddenly relegated in favour of agility and determine how best this bias for action can be harnessed going forward, albeit on a more controlled basis.
Finally, firms need to re-connect with their purpose and re-envision their future business model. To paraphrase Lewis Carroll, If you don’t know where you are going, any road will get you there.