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As nearly three billion people across the globe go on lockdown due to the COVID-19 pandemic, and with experts predicting that as many as 20% of Western retail locations will remain closed after the outbreak subsides, organizations are scrambling to reassess and adapt their business strategies to stay afloat.
Much of the focus of small and medium sized businesses (SMBs), along with more traditional brick and mortar retailers, is on digital transformation, the use of novel and rapidly changing technologies to solve problems within organizations and industries.
For companies struggling to move their businesses online and digitalize their operations, here are some suggestions to start.
Enable Remote Work, Fast
As societies around the world begin to test the waters with the re-opening of businesses and public places for their populations, it remains uncertain whether the loosening of restrictions will last in the long-term before the world receives a tested vaccine for COVID-19.
This uncertainty is leading to conversations in the industry about more long-term remote work strategies. Twitter CEO Jack Dorsey recently announced that remote work would be available indefinitely to all of the company’s 4,000 employees.
A recent poll revealed that 57% of United States SMBs said they’ll continue remote …
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