World Economic Forum: How to survive business in a pandemic

Predictions of what the future will be like after the coronavirus are built by everyone from school friends on Facebook to academics at meetings of the highest state level. No one wants to spend a whole day at home or go to the store and polyclinic on passes for the rest of their lives. No one wants to lose their job or downgrade their qualifications to pizza distributors. Few people find the prospect of receiving distance education for their children attractive. But people are not asked their opinions, as the mechanism of obtaining feedback and adequate response, despite all kinds of technical breakthroughs, has never been developed. World opinion leaders continue to talk about the key role of information technology in the survival and prosperity of companies, especially those that actively used them before the pandemic in trade, logistics, and service. There is no way that higher society can take into account that digitalization of the non-production sphere is useless where production shows a sharp fall down, however flexible and accurate cloud technologies the economy possesses. For her it is only a tool, and the economy itself where the substance is extracted from nature, processed for the needs of the end-user, turning it into a useful end-product. The World Economic Forum continues its work all year round, publishing articles on its website on the economic consequences of the global COVID-19 epidemic, ways out of them and building forecasts for the future. Translation of an article by Mohit Joshi, Head of Financial Services, Insurance, Health and Biological Sciences Division Infosys Limited Who Will Be the Winner in Postandemic Economics?, published on the World Economic Forum (WEF) website on April 20, 2020. The global economy is flying into the abyss because of measures taken to contain COVID-19. Many countries are approaching a recession that has turned quite suddenly. This pandemic is intended to be a catalyst for huge changes in the world order and economic order, few industries will be able to avoid transformation, restructuring or complete elimination. Adaptability, scalability and automation will be key words for the business of the coming era, and those with these abilities will emerge as winners out of opposition to the spread of infection. Thanks to government measures to stimulate the economy, market liquidity, i.e. high trade activity, a significant number of various financial instruments, buyers and sellers are returning to the market. This will be enough to keep the economies of the pandemic-affected countries afloat, and soon after the restrictions are lifted, they will be able to emerge from the recession. But the new structure of the economy shows that state financial support will benefit larger enterprises with more capitalization than small economic entities. However, it would be too easy to portray this new era as a confrontation of big companies small