Singapore Institute of Directors Directors’ Conference
2016
2016
Showcased the Best of Digital Disruptors and
Innovation
Innovation
Event highlights include guest-of-honor address by Dr Yaacob
Ibrahim, Minister for Communications
and Information; plenary and breakout tracks on disruption trends; a “Digital Den”
exhibition; and featured speakers including ex-Xerox chief scientist Dr John
Seely Brown, IDA’s Jacqueline Poh, Mr Khoo Boon Hui, Former INTERPOL President, and
many more.
Ibrahim, Minister for Communications
and Information; plenary and breakout tracks on disruption trends; a “Digital Den”
exhibition; and featured speakers including ex-Xerox chief scientist Dr John
Seely Brown, IDA’s Jacqueline Poh, Mr Khoo Boon Hui, Former INTERPOL President, and
many more.
[Singapore,
5 September 2016]
– SID, the national
association of company directors promoting the professional development of directors
and corporate leaders, today set in motion its seventh annual Directors’
Conference.
5 September 2016]
– SID, the national
association of company directors promoting the professional development of directors
and corporate leaders, today set in motion its seventh annual Directors’
Conference.
Themed
“Digital Disruption”, the Conference addressed the disruptive magnitude and
pace of the opportunities and challenges of the digital age. The topic continued
the focus of past conferences on the major trends that impact the board’s role
in ensuring value creation and the performance of their companies.
“Digital Disruption”, the Conference addressed the disruptive magnitude and
pace of the opportunities and challenges of the digital age. The topic continued
the focus of past conferences on the major trends that impact the board’s role
in ensuring value creation and the performance of their companies.
Digital is
the defining trend of the times, and it has the reached the stage where the
innovative use of exponential technologies has become a major disruptor to
businesses and the economy. The subject featured prominently in PM Lee Hsien
Loong’s National Day Rally 2016 address. He cited disruption as the “defining
challenge facing the Singapore economy”.
the defining trend of the times, and it has the reached the stage where the
innovative use of exponential technologies has become a major disruptor to
businesses and the economy. The subject featured prominently in PM Lee Hsien
Loong’s National Day Rally 2016 address. He cited disruption as the “defining
challenge facing the Singapore economy”.
Minister Yaacob Ibrahim
followed up on this by adding: “Going digital plays to our strengths. With
technology, we are able to transcend our physical limitations – in land,
labour, and market size. We are no longer strapped for space when our
businesses can tap on storehouse options in China or India. New developments in
software and hardware allow one employee to manage comfortably what it once
took three people to do. And with digital connectivity, home-grown companies
can now be born with a global market in mind.”
followed up on this by adding: “Going digital plays to our strengths. With
technology, we are able to transcend our physical limitations – in land,
labour, and market size. We are no longer strapped for space when our
businesses can tap on storehouse options in China or India. New developments in
software and hardware allow one employee to manage comfortably what it once
took three people to do. And with digital connectivity, home-grown companies
can now be born with a global market in mind.”
Mr Willie
Cheng, chairman of SID, emphasised the role of the board in dealing with the
“exponential technological change and the resulting massive business
opportunities with accompanying massive risk of being disrupted or cyber
attacked”. SID been taking the position that the board has a dual role:
conformance and performance. Mr Cheng said that digital disruption plays to
both roles: “Digital transformation harks to the performance role, while managing
the risk of cyber attacks and the risk of irrelevance from being disrupted
harks to the conformance role”.
Cheng, chairman of SID, emphasised the role of the board in dealing with the
“exponential technological change and the resulting massive business
opportunities with accompanying massive risk of being disrupted or cyber
attacked”. SID been taking the position that the board has a dual role:
conformance and performance. Mr Cheng said that digital disruption plays to
both roles: “Digital transformation harks to the performance role, while managing
the risk of cyber attacks and the risk of irrelevance from being disrupted
harks to the conformance role”.
The one-day event, which took place at the Suntec Singapore Convention
& Exhibition Centre, brought together
more than 900 local, regional and global company directors, and government and
business leaders, for intense sessions of education, networking and inspiration
on the dual aspects of digital disruption: the bright side (transformation of
businesses and industries) and the dark side (cyber threats).
& Exhibition Centre, brought together
more than 900 local, regional and global company directors, and government and
business leaders, for intense sessions of education, networking and inspiration
on the dual aspects of digital disruption: the bright side (transformation of
businesses and industries) and the dark side (cyber threats).
Speakers and
panellists shared their perspectives on the impact of the digital tsunami on
companies and industries, and how boards can respond. In addition to the
plenary and concurrent breakout tracks, the “Digital Den”, which exhibited
technologies, products and services of over 25 companies that are surviving and
thriving in the digital age. Participants discovered and could get hands-on
with some of these technologies in a trade fair setting.
panellists shared their perspectives on the impact of the digital tsunami on
companies and industries, and how boards can respond. In addition to the
plenary and concurrent breakout tracks, the “Digital Den”, which exhibited
technologies, products and services of over 25 companies that are surviving and
thriving in the digital age. Participants discovered and could get hands-on
with some of these technologies in a trade fair setting.
The conference featured discussions led by
more than 50 government and corporate leaders and digital movers and shakers
including Mr Khoong Hock Yun, Assistant Chief Executive of IDA, Dr Terry O’Connor, Group CEO of Courts Asia and Mr Reuben Lai, Group Head of Business Development and Partnerships of Grab, who along
with keynote speaker, John Seely Brown aka “Chief of Confusion” shared insights
on ways to strengthen corporate-consumer-government experience, innovate with
technology and engineer and build trust in “digital matters”, echoing the
larger Singapore’s Smart Nation masterplan as highlighted in Dr Yaacob
Ibrahim’s opening remarks.
more than 50 government and corporate leaders and digital movers and shakers
including Mr Khoong Hock Yun, Assistant Chief Executive of IDA, Dr Terry O’Connor, Group CEO of Courts Asia and Mr Reuben Lai, Group Head of Business Development and Partnerships of Grab, who along
with keynote speaker, John Seely Brown aka “Chief of Confusion” shared insights
on ways to strengthen corporate-consumer-government experience, innovate with
technology and engineer and build trust in “digital matters”, echoing the
larger Singapore’s Smart Nation masterplan as highlighted in Dr Yaacob
Ibrahim’s opening remarks.
SID Directors’
Conference 2016 highlights included:
Conference 2016 highlights included:
- Thought leading insights on the
many facets of digital disruption - State of the industry address
by Dr
Yaacob Ibrahim, Minister for
Communications and Information
·
Keynote address challenging
participants on their response to the digital tsunami by Dr John
Seely Brown, Chief of Confusion and
Co-Chairman, Deloitte Centre for the Edge
Keynote address challenging
participants on their response to the digital tsunami by Dr John
Seely Brown, Chief of Confusion and
Co-Chairman, Deloitte Centre for the Edge
- Eight breakout sessions,
focusing especially on digital disruption in four industry sectors:
banking, public transport, hospitality and retail - More than 25 exhibits featuring
robots, virtual reality, and a slew of software, hardware and business
model innovations for companies to thrive and survive in the digital age - MOIs between IDA and two major
industry players to enhance the startup ecosystem
The SID
Directors’ Conference 2016 was supported by more than 30 leading corporates
such as Accenture, Singtel, UOB and Dimension Data; key government bodies (ACRA,
CSA, IDA, SAC, SGX), and industry associations such as SITF.
Directors’ Conference 2016 was supported by more than 30 leading corporates
such as Accenture, Singtel, UOB and Dimension Data; key government bodies (ACRA,
CSA, IDA, SAC, SGX), and industry associations such as SITF.
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