In 2015, the World Economic Forum estimated that successful digitalisation initiatives would yield US$100 trillion in value to business and society. After five years, this has materialised and many of the fastest growing companies in Asia Pacific have embedded digitalisation and technology in their DNA. The 2019/2020 pandemic has also provided a stronger motivation to accelerate the adoption of digital disruption as a strategic means to future proofing businesses and industries. This session aims to expand the perspectives of boards and unpack how to inspire and motivate companies to embrace digital disruption for growth and ROI. In this session, you will:
- Identify opportunities and challenges on how to motivate companies to embrace digital disruption
- Discuss practical insights from a 4-part framework on being a champion for digital disruption on the board
Learning Outcomes
- Define and illustrate what digital disruption entails
- Discuss the value and necessity of digital disruption to organisations and boards
- Recognise the role of board composition in digital disruption
- Describe and discuss the various mindsets and perspectives the board should have with regard to digital disruption
- Identify the key investment areas for more successful digital disruption
Who is this Programme For?
- Aspiring Board Directors
- Existing Board Directors (both new and experienced) who want different or refreshed perspective of digital disruption
- Senior management of organisations
| Virtual Classroom Format | |
 | 4 hours (20 minutes Virtual Networking Break) |
 | Interactive Facilitated Learning |
Programme Outline
| Introduction | Online Housekeeping - Wave Everyone | 10 minutes |
| Module One | The Value of Digital Disruption | 40 minutes |
| Module Two | Board Composition and its Impact | 40 minutes |
| Virtual Break | Break/Networking | 30 minutes |
| Module Three | Perspectives of the Board | 40 minutes |
| Module Four | Key Investments to Make | 40 minutes |
| Wrap Up | Summary & Q&A | 40 minutes |
TOTAL: 240 minutes
| Tuesday | 2 March 2021 (Facilitator: Professor Uantchern Loh) | |
| 8.30am - 9.00am | Registration |
| 9.00am - 10.30am | Session 1 – Describe what cultural diversity is and why it is important to the board. Cultural diversity is the invisible hand that influences and guides companies, and is crucial to a company’s ability to develop and implement appropriate strategies. This session examines how cultural diversity can be defined and why it has become a key item on the board agenda.Session 2 - Discuss how cultural diversity is linked to stakeholder engagement and purpose. This session discusses how cultural diversity is inextricably linked to stakeholder engagement and purpose. This link, when successfully managed, can lead to long-term value creation for stakeholders. |
| 10.30am - 11.00am | Networking Break |
| 11.00am - 1.00pm | Session 3 – Determine how culture diversity should be measured and recognise the early warning signs of a misaligned culture. The measuring of cultural diversity provides an early warning system for culture misalignment. Therefore, it is important to identify clear indicators of cultural diversity and to set targets against those indicators to steer the organisation in the right direction.Session 4 – Recognise how companies should embed cultural diversity in the Boardroom and within the organisation. Cultural diversity implementation demonstrates how companies are embedding cultural diversity within the organisation through its policies, mechanisms, and processes. It defines the efforts in ensuring linkages between cultural diversity, and the decisions made within the company, be it at board, management or employee level.Session 5 – Learn how to evaluate cultural diversity and report to stakeholders. This final session is focused on how to measure cultural diversity within the organisation. It is a litmus test of the board’s effectiveness in committing, measuring, and implementing cultural diversity in the organisation. |
| 1.00pm | End of Programme |
The Organiser reserves the right to alter the content and timing of the programme as it deems fit and is not responsible for cancellations due to unforeseen circumstances.
Photo by Markus Spiske on Unsplash
Speakers
