4th Industrial Revolution: IOD moves to upskill directors on digitalisation

the Institute of directors (Iod) has reiterated its commitment to upskilling of directors on digitalisation to enable them take full advantage of the fourth industrial revolution for their organisations’ sustainable growth and profitability.

Ije Jidenma, President, Iod, said this on Monday in lagos at a news conference to announce the 2022 annual director Conference (adc) of the institute.

Jidenma said that the fourth industrial revolution emergence; essentially driven by information technology and the global effect and challenges of the COVID-19 pandemic necessitated the alignment of directors to digitalisation.

“all these have combined to alter the skills, expertise and knowledge needed by leaders to guide their organisations through the trying, dynamic and unprecedented environment that organisations have found themselves.

“today’s leaders must possess visions for a technology-driven future and be prepared to purposefully lead these complex and innovative transformations. It suffices to say business leaders must disrupt now before they are themselves disrupted,’’ she said.

the president said the 2022 adc of the institute with the theme: “Corposuccess rate Governance & digital transformation: leading Purposefully for Growth and Sustainability,” would hold from Nov. 24 to 25 at lagos.

“I am optimistic that the presentations and discussions at this year’s conference will provide a platform for players in all sectors of the Nigerian economy and will deepen their commitments to corporate governance practices and best practices.

“We also hope that it will have a positive spiral effect across all sectors and crystalise a deeper understanding of the roles that technology and digital transformation play in the and sustainability of our enterprises and institutions,’’ she said.

alhaji lamis dikko, Chairman, National organising Committee, Iod, said the event would elucidate the connection between technological transformation and the drive for sustainable business growth in a dynamic and unpredictable global business environment.

dikko said that President Muhammadu Buhari would declare the conference open while Igwe alfred achebe, the obi of onitsha and Chairman, International Breweries Plc, would chair the opening ceremony. (NAN)