Accelerated Digital Transformation

Businesses everywhere continue to wrestle with the disruption that stems from the global COVID-19 pandemic. While stimulus efforts are happening in many regions, those efforts only provide a small amount of relief for companies struggling with major challenges. The steps being taken to curb the spread of the virus have impacted many business models, and the ripple effects on spending are moving through the whole economy.

In order to maintain operations, companies have had to move quickly. In many cases, this has meant elevating the priority of digital transformation activities, or even beginning those activities earlier than expected. Digital transformation has been a hot topic over the past five years or so, but there have still been different approaches as each company has their own culture around technology adoption. All of a sudden, innovation has become a matter of survival and not just a goal for the future. Here are four ways that businesses have accelerated digital activities as they deal with this unprecedented threat.

Making sure that “work anywhere” is truly possible across the entire workforce.

A previous blog post looked specifically at steps companies were taking as they went through an immediate shift to remote work. Of course, remote work had already been happening. Businesses were steadily embracing remote workers as a method for finding scarce talent or reducing real estate overhead. But the forced move to remote status for a majority of the workforce shed some light on unresolved issues. Organizations have quickly made investments to address immediate technical needs, and they have been more purposeful in building methods for keeping everyone engaged. Most firms will likely not stick with fully remote staff once the restrictions start lifting, but they have at least started building better capabilities for those who remain at home offices.
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