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The Pandemic has Pushed the World Towards Transformation

If you look at the construction, engineering and manufacturing industry you will soon see that this has been pushed towards digital transformation. A lot of this has been driven by the pandemic and a major study has found that this has really resulted in a different turn of events. The study that has been done has found that up to 31% of manufacturers across the globe have been considered to be fit for the future and that they are now able to deal with the challenges that come with the future more as well. They are now dealing with increased competition as well as ever-changing expectations from employees. Rising customer demand is also another huge factor. Of course, when you look at the fit for the future businesses, you will soon see that they have been ranked as such because they are all well-prepared for the risks that they face and that they are able to safeguard themselves against any change for the future. If you look at the FFTF businesses out there you will soon see that the continuity plan has worked well for them, and they have been able to protect themselves quite a lot over the years too.

Analysis has also shown that there is a strong link between things like business performance as well as being FFTF. Of course, organisations that were able to score a 10-point increase in their scores soon found that they were able to outperform the competition. They were able to do this by up to around 36% which is amazing to say the least.
Of course, this is all very good to say the least and it just goes to show how much things have changed, that being said, businesses who do not adapt are seemingly going to fall behind.

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