The past year has changed many things, but one of the most rapid has been the increased pace of digital adoption, globally. While the pandemic situation necessitated this move, it has also provided tremendous challenges, opportunities and benefits for local businesses.
IoD Jersey’s Technology Sub-Committee is holding a breakfast event at the Royal Yacht, sponsored by JT, on Thursday 8th July, to showcase case studies and real-life examples and give business leaders insights and inspiration into their digital journeys.
A survey by McKinsey, ‘How Covid-19 has pushed companies over the technology tipping point – and transformed business forever’, found that the adoption of digital technologies has been accelerated by several years. The survey of global executives showed that companies accelerated the digitisation of their customer and supply-chain interactions and their internal operations by three to four years, but the share of digital or digitally enabled products in their portfolios, accelerated by seven years.
As consumers, we know that to be able to access services and products during pandemic lockdowns, necessitated going digital, and the businesses which didn’t embrace this, suffered. Remote working forced companies to find new ways of managing their staff and workflows. Yet while this process was imposed on us by the situation, it also showed those who were reluctant to digitise, that the barriers they perceived in doing so were not there or at least were not insurmountable. In addition, it’s allowed directors to innovate and improve their processes and ultimately bottom lines.
The IoD panel will be chaired by Ian Webb, Chair IoD Jersey Technology Sub-Committee, and features:
- Daragh McDermott, Managing Director, JT Channel Islands
- Becky Houze, Dairy Farmer and educational blogger
- Pam Aubert, Centre Manager, Macmillan Cancer Support Jersey
- Stuart Geddes, IT Director, Ocorian
Ian Webb, Chair IoD Jersey Technology Sub-Committee, said: “We have seen tremendous change in the last eighteen months and our panel will share how digital amplified their thirst for innovation and that by embracing new technology, it has provided real business benefits in the process.
“The range of speakers on the panel, highlights that this is a cross-industry process. It’s not just the remit of technology firms or finance, it can provide positive outcomes for all sectors. This event will give leaders of organisations, insights to guide our digital journeys in Jersey’s business community.”
Daragh McDermott, Managing Director at JT Group Ltd, said: “If there was doubt before, there isn’t any more, digital adoption and transformation is necessary for business survival in today’s connected world. During a crisis, everyone’s focus is on adapting and reacting — ensuring your business can continue to function and meet the needs of your customers and employees, it’s essential to maintain business continuity.
“But innovation is about driving change, not reacting to it, if you’re always living in today, you’ll never be prepared for tomorrow or have the opportunity to shape the future. With pandemic recovery underway, now is the time to harness technology, innovation, and cooperation.”
Digital Innovation in a post-pandemic world takes place on Thursday July 8th. 07.45am-9.00am at the Royal Yacht Hotel & Spa. Click here for further information and to book your place.
Tickets cost £18 for IoD members and £22 for non-members and include breakfast, tea/coffee and networking.