The COVID-19 pandemic has presented Singapore with its one of its biggest challenges ever. But amid the challenges, there is a silver lining. As the saying goes, “necessity is the mother of invention”. With such rapid change going on, the need to adapt is now more acute than ever. Companies will also evolve and digitalise. Those who either have not done so or are unable to catch up will go the way of the dinosaur. It’s the Darwinian theory of the survival of the fittest. And the timeline for this to happen has been compressed from years to mere months.

A crisis spurs innovation

The spark of innovation normally comes from entrepreneurs or those who think out of the box. However, the ferocity of this crisis has led to a burst of innovation. When faced with pressure and urgency, humans are forced to think of ways to overcome obstacles....