Digitalization is the procedure of converting hard/paper files and documents in to digital forms. This allows data and information to be accessed instantly. This will make it easier for your business to manage their operations and helps to create new opportunities for the purpose of revenue technology. Whether you could have outdated legal systems, manual operations that could always be automated or inefficient communication between staff members and managers, business digitization can help you resolve these issues and boost output.
The COVID-19 outbreak demonstrated the useful value of digitalization in public areas crisis response approaches. However , digitalization is not enough to respond to ongoing hazards. Instead, organizations need to seek to turn threats into options through strategic responses. This is exactly why it is important https://cloudycrowd.net/2021/12/06/the-concept-of-distinctiveness-in-business-digitalization/ for companies to have vibrant capabilities – a combination of functions and assets that enables these to adapt in the face of disruption (George et ing. 2014; Nylen and Holmstrom 2015).
Existing research has revealed that digitalization can increase firm’s powerful capacities by raising their ability to sense the planet, to catch opportunities, also to reconfigure means. Moreover, these capabilities are critical for firms’ ability to efficiently manage open public crises. Based on these studies, this article is exploring the connections between digitalization, dynamic features, and community crisis response strategies through a survey involving 518 SMEs in China. The results present that SMEs with superior levels of digitalization have better crisis response performances than patients with low-level of digitalization. Further, a qualitative research suggests that digitalization can help SMEs develop and implement short-term emergency replies and long term crisis managing approaches.