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Does Changes During The Crisis Will Be Stick In/after Recovery?

The COVID-19 pandemic has accelerated companies' digital transformations and adoption of remote work by 3-4 years. According to a McKinsey survey, executives expect these changes in areas like remote work, customer/supply chain interactions, and internal operations to persist post-pandemic. Technology can help companies in key areas like remote work, digital workforce resources, e-commerce automation, cloud-based supply chain solutions, and budget planning software.

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Diego Peña
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69 views2 pages

Does Changes During The Crisis Will Be Stick In/after Recovery?

The COVID-19 pandemic has accelerated companies' digital transformations and adoption of remote work by 3-4 years. According to a McKinsey survey, executives expect these changes in areas like remote work, customer/supply chain interactions, and internal operations to persist post-pandemic. Technology can help companies in key areas like remote work, digital workforce resources, e-commerce automation, cloud-based supply chain solutions, and budget planning software.

Uploaded by

Diego Peña
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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How technology can help companies emerge from COVID-19?

In only a couple months’ time, COVID-19


emergency has achieved long periods of
progress in the manner organizations in
all areas and locales work together.
According to a new McKinsey Global
Survey of executives, their companies
have accelerated the digitalization of their
customer and supply-chain interactions
and of their internal operations by three
to four years, also share of digital or
digitally enabled products in their
portfolios has
accelerated by a shocking seven years.

Here are some key areas where technology can have a major impact:

Working way Labor force E-Commerce Supply chain Purchasing Managing

Digital Resources, Automatization is Cloud-based Using software


Remote work and
transformation workforce into present in solutions to for planning and
its implications
roadmaps physical, digital processes control budget checking

Does changes during the crisis will be stick in/after recovery?

Greater parts of respondents expect that such


innovation related changes, alongside distant work
and client communications, will proceed later on.

Respondents detailing noteworthy changes in these


zones and expanding relocation to the cloud are
more than twice as prone to accept that these
movements will stay after the emergency than to
anticipate that a return should precise standards.

Helping artisanal miners in Colombia.

and absence of web access in specific


regions, online business was some time ago
viewed as an elitist movement. With the
Covid-19 pandemic, notwithstanding, there
might be a congestion of exercises by
electronic methods. Independent
companies are expanding their online
presence and considerably more seasoned
grown-ups have been compelled to figure
out how to utilize internet business.

As an outcome of Covid-19, internet


business has stopped being a private
movement and become the focal point of
public approaches.
Considering social imbalance as far as pay
REFERENCES
Drew, D. A., Nguyen, L. H., Steves, C. J., Menni, C., Freydin, M., Varsavsky, T., ... & Spector, T. D. (2020).
Rapid implementation of mobile technology for real-time epidemiology of COVID-19. Science. Retrieved
from https://science.sciencemag.org/content/368/6497/1362.abstract

Hill, S. (2020, August 21). Pairing trust and technology for success. KPMG. Retrieved from
https://home.kpmg/xx/en/blogs/home/posts/2020/08/pairing-trust-and-technology-for success.html

LaBerge, L., O’Toole, C., Schneider, J., & Smaje, K. (2020, October 6). How COVID-19 has pushed companies
over the technology tipping point—and transformed business forever. McKinsey & Company. Retrieved
from https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/how-
covid-19-has-pushed-companies-over-the-technology-tipping-point-and-transformed-business-forever

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