Technology Magazine December 2021 | Page 47

DIGITAL TRANSFORMATION
HSA Yemen is Yemen ’ s largest and leading company , employing 20,000 people across the country .

“ Organisations looking to formulate their own digital strategy must firstly get the support of the leadership of the company ”

MOHAMED KHALIFA CHIEF INFORMATION OFFICER ,
HAYEL SAEED ANAM ( HSA ) GROUP
Now , it is crucial that businesses rethink their strategies for the post-pandemic era . Companies that have already adopted robust and comprehensive digital strategies highlight the intrinsic link between technology and improved economic performance .
Previously , a survey by McKinsey showed that across key areas of the business model , companies ’ overall adoption of digital technologies had sped up by three to seven years in a span of months . Now , the newest results show that this acceleration is also happening at the level of core business practices and what was considered the best-in-class speed for most business practices in 2018 is now slower than average .
Interestingly , the survey also highlighted that many businesses recognise that their companies understand they need to change their strategies as the ones prior to the pandemic will become obsolete . It found 64 % of companies in the survey know they need to build new digital businesses to help them achieve economic viability .
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