Digitalization is the procedure for converting hard/paper files and documents in digital platforms. This allows data and data to be accessed instantly. This will make it easier for businesses to manage their particular operations helping to create fresh opportunities pertaining to revenue era. Whether you could have outdated legal systems, manual operations that can end up being automated or perhaps inefficient interaction between employees and managers, business digitization can help you resolve these issues and boost efficiency.
The COVID-19 outbreak shown the sensible value of digitalization in public areas crisis business digitalization implications response tactics. However , digitalization is not enough to respond to ongoing risks. Instead, companies need to keep pace with turn hazards into prospects through ideal responses. This is why it is important for organizations to have active capabilities : a combination of processes and solutions that enables them to adapt when confronted with disruption (George et ‘s. 2014; Nylen and Holmstrom 2015).
Existing research has revealed that digitalization can boost firm’s active functions by elevating their ability to sense the planet, to seize opportunities, and to reconfigure methods. Moreover, these types of capabilities are critical for firms’ ability to properly manage general public crises. Based on these findings, this article explores the associations between digitalization, dynamic functions, and open public crisis response strategies through a survey involving 518 SMEs in China. The results present that SMEs with high 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 initial emergency reactions and long-term crisis operations approaches.
