Performance of corporations in adapting digital strategies during COVID-19 suggests strengthening business models for growth.
This study examines the performance of select industries within the Fortune 500 that experienced increased demand during the COVID-19 pandemic, utilizing data from the EDGAR database and SEC filings. Findings indicate that industries prioritizing digital transformation through technological innovation, operational agility, and strategic adaptation were better equipped to navigate disruptions, sustain growth, and achieve resilience. The results underscore the critical role of integrating digital strategies into core business models, not only as a response to immediate crises but also as a sustainable foundation for long-term competitiveness in an increasingly digital economy.
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Yu-Ho Chi (2025) studied this question.
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