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Great reset after Next-Normal and what next
Let’s get real, the world after Next-Normal (for some refer it as new normal) and post COVID-19 aim for restoring world economic, for those enterprises that already fall or downsizing during the period will take a long period of recovery, to the peak before the COVID-19 crisis begins. Whether it is bio weapon virus and design for the mass infection human being, accident leak or whatever, what matters most for the world is how fast it gets back on track.
For those who adapt to digital transformation before the COVID-19 crisis, or accelerated during the next-normal that align to future business landscape, and those who remain no sure or no knowing how to transform, or remain adopt the wait-and-see attitude, have a very different business implications.
For those who proactive adapt to digital transformation, we will notice less disruption, since a significant portion of the business activity is already digitalization, from workflow and business model. Dependency to physical and traditional channels of the business, from retailing and physical store outlets is less, and the company infrastructure and way of business is already strategically aligned to the digital economy. This type of business is less disruptive by COVID-19, and better perform in the Next-Normal.
But those who are yet digital transformation or still keep a wait-and-see attitude, as you can imagine or already observed, either already fall during the period, downsizing, corporate restructuring or being hostile taken over by another company in better financial standing.
Few areas you may need to really look into in the Next-Normal world if you yet, include migration, transition to transformation the business with a few matured technology: internet or online business workflow, from front end to backend. And massive deployment on digital automation technology, to minimize unnecessary overhead manpower, from robotics, artificial intelligence (AI), machine learning (ML), chatbot to robotic process automation (RPA) and moving to cloud computing.
E-SPIN being active in the enterprise ICT consultancy, supply, project management, transfer of technology, maintenance support for the various corporate business and government institutions across the region E-SPIN did business, since 2005. Feel free to contact E-SPIN for the various business technology transformation consultancy and project requirements.