Corona Virus has made drastic changes to global organizations of all industries. It has already been a year since this virus has emerged which no one would have imagined. Moreover, it is already a challenging task to recover and bounce back the businesses to normal.
Mohammed bin Rashid Al Maktoum, The honorable Vice-President and Prime Minister of UAE have said, “Anyone who thinks the world will be the same after COVID-19 will be mistaken”! The world will not be the same after COVID is interpreted. What would be the impact of this virus in the UAE? Has this COVID crisis made SME’s digitally transform? We have discussed these in detail in this blog.
Learn more at Impact of Corona Virus on SMEs in UAE: Should they digitally transform?
In the current world, every business is subject to new competitors, expectations, channels, opportunities, and threats.
All businesses have the potential to become digital businesses.As the number of connected, smart devices from phones to wearables to cars are increasing, companies that reap information from market interactions, quickly deliver the digitally instrumented services or products and use insights to optimize their value chain are able to gain competitive advantage.The world is moving aggressively towards being digital.
This makes is important for you to adopt effective digital transformation.Learn more at Start Your Company’s Digital Transformation in 10 effective Steps.
“Your time is limited, so don’t waste it living someone else’s life.
Don’t be trapped by dogma – which is living with the results of other people’s thinking.
Don’t let the noise of other’s opinions drown out your own inner voice.
And most important, have the courage to follow your heart and intuition.
Everything else is secondary.”The journey of Steve Jobs has and will always inspire entrepreneurs across the world.
His expedition as a college dropout of making the ends meet to getting considerable exposure to the world of computer while working on game software in Atari and letter co-founding Apple with his partners Steve Wozniak and Ron Wayne is known to many young aspirants by heart.While Apple’s Steve Jobs is a role model for many, these wacky entrepreneurs such as Howard Schultz and Emily Weiss have considerably impacted society and the young minds through their inspiring journey.
SME entrepreneurs can select to apply for SME loan from other assistance monetary suppliers specifically the Development Financial Institutions (DFI).
Upheld by the public authority, they are monetary administrations suppliers that offer focused on monetary help.
Sachin Dev Duggal Engineer AI talks about Digital Transformation.
Sachin Duggal also talks about the lasting legacy of COVID 19 for your business.