Stephen Hawking, easily considered one of the greatest scientists of the last century, had once proclaimed, how intelligence reflected in one’s ability to adapt. Businesses world- wide are having to do so, and at pace, thanks to the COVID- 19 pandemic that has hit us. Companies are increasingly making us of virtual meetings and remote work. Tools such as Microsoft Teams, Skype and Google Hangout are more in vogue than ever before. Digital marketing has become the mode of choice for marketers at every level. There will be several cultural adaptations that businesses will need to continue even after the peak of this current pandemic would have slowed down. One of them is how speed and agility will become critical, and even replace size or scale in terms of importance. Another is the adaptability to the environment, by keeping liquidity stable. A new look will need to be implemented. In order to propel business innovations forward, collaboration will need to be boosted up. Especially for tourism- based companies, digital intelligence must now be built in. This crisis in fact, offers companies the chance to explore newer opportunities.

Source:https://www.tourism-review.com/smart-tourism-companies-take-advantage-of-the-crisis-news11465

Uploaded Date:16 April 2020