Spurring Digital Transformation for Businesses
SME World|November 2020
DBS Bank India

The current pandemic Thas impacted several businesses, resulting in challenges of workforce deficit, managing cash flows, rental costs, etc. Further, many businesses that have traditionally relied on human interaction are now readjusting their strategy and business model to survive in a new digital-first / digital-only environment.

With COVID-19 accelerating the pace of digital adoption for enterprises, it is imperative to prepare enterprises for the road ahead - support them to become more resilient, overcome economic headwinds and capitalise on future growth opportunities. Upgrading their skills and building capabilities to survive in the post-COVID-19 economy is the need of the hour. Business owners may often have a limited understanding of the digital solutions available and the business value of putting their enterprises through digital transformation. It is important to understand these challenges and identify how organisations can bridge these gaps in a meaningful way.

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