Business Digitalization Effects for Community Crisis Response Strategies

Digitalization is the procedure for converting hard/paper files and documents into digital forms. This allows info and information to be used instantly. This makes it easier for businesses to manage their very own operations and helps to create fresh opportunities designed for revenue generation. Whether you could have outdated legal systems, manual operations that could always be automated or inefficient interaction between employees and managers, business digitization can help you fix these issues and boost output.

The COVID-19 outbreak confirmed the practical value of digitalization in public areas crisis response tactics. However , digitalization is there are not enough to respond to ongoing dangers. Instead, organizations need to keep pace with turn risks into options through proper responses. Its for these reasons it is important for companies to have active capabilities ~ a combination of techniques and information that enables those to adapt in the face of disruption (George et ‘s. 2014; Nylen and Holmstrom 2015).

Existing research has demonstrated that digitalization can boost firm’s active functions by raising their capacity to sense environmental surroundings, to seize opportunities, and reconfigure methods. Moreover, these types of capabilities are critical for firms’ ability to properly manage open public crises. Based upon these studies, this article is exploring the relationships between digitalization, dynamic functions, and community crisis response strategies through a survey involving 518 SMEs in China. The results show that SMEs with great levels of digitalization have better crisis response performances than those with low level of digitalization. Further, a qualitative evaluation suggests that digitalization can help SMEs develop and implement short-term emergency reactions and long term crisis operations approaches.

Leave a Reply

Your email address will not be published. Required fields are marked *