The Current Scenario And Understanding The Need Gap
The Covid-19 pandemic has compelled small and medium businesses (SMBs) to relook their business models worldwide. While some companies are sailing through or remaining stagnant, a few are struggling to stay afloat or are on the verge of dissolving. What is the solution to overcome this crisis, you ask?
Rethinking business models in order to emerge smarter and resilient, is the key. A step to digitally transform the business needs to be undertaken, to bridge the gap between the workforce that is working remotely, to improve disrupted supply chains to enhance customer experience and more. Although the crisis differs from industry to industry, re-balancing and aligning for the new normal is necessary to be able to thrive in this situation.