Ying Wang | Financial Analyst
The future of business and talent needs
The COVID-19 pandemic that began in 2019 not only threatened people's health, but also affected the global economy. Many companies suffered heavy losses because their supply chains were disrupted and their normal business operations could not be carried out. So how should business develop in the future to deal with this shock? What kind of talents does business need to revive the economy?
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The future direction of business
COVID-19 has spread widely among humans and even animals in the past two years, and many countries are working hard to develop vaccines. But as the virus continues to mutate, its ability to spread becomes stronger and stronger. Therefore, keeping a certain distance between people and reducing physical contact seems to be the most effective way to prevent the spread of the virus.
In order to adapt to the environment where the virus coexists, business development models must be changed.
- Promote digital office
As the market continues to update and iterate, in order to maintain market competitiveness, the company has higher and higher requirements for efficiency and accuracy. Therefore, many companies have begun to gradually transform into digital office. They began to develop their own systems. The company's internal systems increased the convenience of monitoring business processes and ensured the security of internal data. The immediacy and accuracy of digitization also improve work efficiency. Especially during the epidemic, digital office can enable employees to work from home and have greater flexibility in working hours than before.
Then, what are the benefits of digital office? Click to view
- Business Innovation
The COVID-19 epidemic has changed the market environment. It has blocked the close contact between companies, customers and other groups in the market. Therefore, the company needs to change its development strategy and innovate its business so that it can increase its target customer base and meet health and safety conditions. The company can provide more online services or cooperate with the transportation industry to provide door-to-door service.
- Make some investments in the medical field
If the company plans to make some investments, it can invest part of its funds in the medical field. This will not only help people study the virus, but also enhance corporate social responsibility and help shape the brand image. In addition, as people pay more and more attention to health issues, their demand for medical supplies is gradually increasing. Companies investing in medical production companies will have a great opportunity to make a profit. After people's safety issues are guaranteed, society will reopen, which is also indirectly beneficial to the company.
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Talent needs in the future of business
As the most widely developed industry, business is closely connected with other industries, and its demand for talents is more than that of other industries. Business needs talents with various skills, such as promotion, operation monitoring, risk analysis and other skills. Among them, analytical talents are crucial to the development of a company. Generally, students studying analysis majors such as finance, economics, statistical analysis, and computer science are more popular when applying for jobs. The development of a company is inseparable from data statistics and analysis. Whether it is reflecting on previous operations or predicting the future, a large amount of data is needed to support it. Therefore, learning a major with strong logical ability is more conducive to fulfilling the company's decision-making needs.