An academician and director of Global Multi-Concept Business School, Lagos, Prof. Onyeka Ojigbo, has said digital transformation has transformed the business landscape and the way of life of many Nigerians and also reshaped the country’s economy.
She affirmed that digital transformation is the fate of businesses just as inter-connectivity has drastically changed communication technologies and digital platforms have enabled the availability, execution, and delivery of work not only in Nigeria but from anywhere in the world.
The Professor of Education and School Management made this remark in her paper presentation at the 3rd edition of the Global Multi-Concept Business School regional conference and honorary Doctor of Excellence award programme held in conjunction with the American Institute for Commonwealth and Africa in Lagos on Friday.
At the conference, 12 distinguished Nigerians were inducted and awarded honorary doctorate degrees in their various fields of endeavour.
Speaking at the conference, she said, Talk about digital transformation. Nigeria is not doing badly, but it is not there yet.
She added, “We are a reminder of the profound impact of technology on our business, finances, lifestyle, education, and other areas of life.
Today, we are focused on digital transformation. We cannot deny that it is the way to go. No matter how we say we don’t want to get entangled, it is the fate of new businesses. As entrepreneurs, students, or workers, whatever aspect of your life you are involved in, it is time to incorporate it into whatever you are doing.
This is the era of artificial intelligence. We are far away from normal social media marketing. We are going higher with AI, and there is no denying the fact that we all have to embrace it. This is what is coming up now, so be prepared, or you will lose your place in your business.
Talking about the prospects and challenges of digital transformation, in the course of this event, we had the key speaker someone else, and we had done everything to ensure we got into Zoom, but you could see how we struggled to get him on, trying not to announce we had technical glitches.
It is not far from what happened about a week ago when we experienced an internet breakdown. It is also a part of it because our keynote speaker was waiting somewhere but we couldn’t connect with him.
In that sense, Nigeria is not there, but I would say that we have done great. It is just that the way the country is, it is difficult for you to quantify which direction we are going, but in terms of the digital space, Nigeria is doing well. We are not doing badly in it, but there is room for improvement.
We could do digital banking. We have the PoS working, which we were unable to do before now. Sitting down here, I know how many transactions I have carried out, all thanks to digital transformation.
Like I said to our new inductees, it is not about how big or small an event is; it is about the content. We made sure we read everybody’s profile and their contributions to the body of knowledge. That will also challenge them to do more. The award is a call to contribute more in various sectors of the economy.
Our charge to them is to go out there and do some more. You know, when people are recognised, there is this urge to do more. You don’t want to be less than where you were found. I think that is basically what we told them. We have a general conference coming up where we harp on integrity.”
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