Digital transformation as a means to overcome the post-pandemic economic crisis


Probably, many of the users that coexist in the platform associate the title with the serious economic situation that Venezuela is going through, whose economic-financial scenario has been marked by a galloping hyperinflation, which began to be accentuated at the beginning of 2017. However, the article outlines a panorama of global economic crisis as the current product of the attacks left by the Covid-19.

It is no secret that the economic crisis on a global scale increased during the months of the Covid-19 pandemic, where the productive apparatus was completely paralyzed in the first, second and third trimesters of the year, an element that generated multimillionaire losses. The truth is that, after the fulfillment of the vaccination schemes that began to be applied this Christmas month, reactivating the economy will not be easy for the coming times of normality after overcoming this tragic pandemic.


Fig. 2 Small businesses must turn to technology, specifically to digitalization to save resources, make their production schemes efficient. Image of public domain, Author: Designwebjae, 2017

In particular, the industrial and business sector will find it difficult to recover their income, and in particular small businesses will be forced to adapt to the digital transformation. I emphasize on small businesses, mainly those located in countries with little to no technological culture, because I infer that a way to survive the economic uncertainty after the pandemic, this sector must turn to technology, specifically to digitalization to save resources, make efficient their production schemes and maintain the level of satisfaction of their customers.

In this sense, small businesses must take ownership of the technological revolution and the digital era, from the use of online tools to carry out their meetings, to finalize purchase/sale transactions, to share catalogues of their products, as well as texts, audios and videos with their clients, which will translate into an increase in their profit margin, and with this, in a way, they will be overcoming the post-pandemic economic crisis.


Blessings and positive energies for all.

May the new year be one of openness and constant success in their lives.



BIBLIOGRAPHICAL REFERENCES CONSULTED:


[1] Sayabek Z., Suieubayeva S., and Utegenova A. Digital Transformation in Business. Digital Age: Chances, Challenges and Future. 2020; 408-415. Article: Online access

[2] Karltorp L. Digital transformation strategies in small businesses. A case study in the Swedish manufacturing industry. 2017. Article: Online access


OBSERVATION


The cover image, and image number 3 were designed by the author:@lupafilotaxia, incorporating the public domain image background: Free-Photos, 2014 Firmbee, 2014


Original manuscript, uploaded from the Project HOPE community website




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Hello friend, indeed. Technology and digitalization should be mandatory tools for companies.
I also believe that there is a need for more education on this subject for the entire population.
Because it is the way in which the income of a greater mass of the population would be increased to everything.

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Greetings friend @josevas217

Fully agreeing with you, technology and digitalization has already set a pace in developed countries, and its massive adoption was vital in these months of pandemic, however, there are countries that still do not have this culture of using technology and digitalization, and this greatly reduces their ability to stay in the market. I believe that South American countries and those located on the African continent, must appropriate the advantages offered by technology in order to recover their income during and after the pandemic. Thank you for reading, happy new year, may you receive infinite blessings. Greetings

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Doing more with less must be the goal of all small businesses, if they want to survive in these times of change the pandemic is not over and its effects are not yet visible in the plenary, small businesses were affected by this phenomenon of the virus, one of the few exits they have is to assume the challenge of implementing these solutions if they want to survive in time.

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I fully agree with your expression, because I also believe that one of the ways out that small companies have to assume is precisely to assume the challenge of implementing these digital solutions, if they want to survive the hard times of pandemic and post-pandemic.

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Greetings dear friend @lupafilotaxia.
As usual, this is an extraordinary article that you present us in this opportunity because your opinion is very accurate. The arrival of the Covid-19 pandemic has left deep traces in the economic crisis at a global level, and this time it presents us with a wonderful and accurate aspect to consider in order to structure the mechanisms to overcome or stabilize the economic crisis left by the Covid-19.

Without a doubt, the digital transformation at all levels will play a fundamental role in the proposed purpose, as you so rightly propose and develop it.

Thank you for sharing such excellent content with all of us. Successes friend and happy year to you and your family and may this year bring many blessings to all of you.

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In effect, the owners of companies located in countries with little or no technological and digital culture are literally obliged to use digital mechanisms to achieve the overcoming or economic stabilization left by the post-pandemic

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Without a doubt this is an adoption that will be necessary for companies in a post-pandemic period. Greetings and thanks for sharing dear professor

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I also think so, it is imperative that this business sector relied on the technological and digital era, to overcome the economic crisis that the pandemic will leave behind. Thank you teacher and friend @ carlos84 for leaving your comment and appreciation.

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Greetings, an interesting topic today, due to the effects of the pandemic, some companies have found it necessary to include online sales computer systems in their services to make their deliveries by delivery, it is important that merchants and entrepreneurs adapt to this new it was technological to be able to compete with others that are already implementing it.

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Exactly, precisely the massive adoption will allow to generate a healthy competition in these times of pandemic for the Covid-19. Thank you for leaving your point of view.

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