Preach and practice sound corporate governance — NiBS graduates urged

The Director of Human Resources-Volta River Authority (VRA), Dr. Stella Agyenim-Boateng, has advised doctoral and masters graduating students of the Nobel International Business School (NiBS), 2019, to promote life-long learning and encourage a practical approach to research for the advancement of businesses and good corporate governance.

Speaking at the third graduation ceremony of NiBS in Accra, she cautioned that the world of work and its workforce is changing rapidly, and that business leaders are left with no option than to triple their steps to be ahead of the game or fizzle out.

“Effectively, business leaders must keep their eyes on the ball and identify that technological changes, market dynamics, globalisation, corporate governance structure will greatly influence the future of work and workforces.”

Dr Agyenim-Boateng however cautioned that carrying out the rules requires strength of character, willpower, courage, integrity, drive, an innovative mind-set and charisma. “I believe NiBS has prepared everybody enough to accept the challenge and deliver.” She therefore encouraged the graduates—mostly business leaders, to conceptualise alternatives that will require the reconstruction of their influence in the respective disciplines.

According to her, the future of work has tilted toward automation, Artificial Intelligence (AI) and other advanced technologies which have the capacity to create a new man-machine synergy that could eventually take over manual jobs.

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“The growth of advanced IT programming and higher cognitive skills means Artificial Intelligence can be used by businesses to identify the talents they require and when they require them – which means that business leaders must keep their eyes on the ball and identify technological changes, market dynamics, globalisation and corporate governance structures that will greatly influence the future of work and workforces.

“The generational gaps in our workforce will require business leaders to sharpen their skills in emotional intelligence, understanding and application of advanced technology,” she said.

She further challenged institutions like NiBS, which builds business leaders with evidence-based practical and experiential opportunities for innovation, to create a melting point that brings academia, industry and policymakers together to deliberate on how businesses can secure their relevance in the future of work.

“We must appreciate the title ‘Dr.’ – because it comes with a lot of responsibility and expectation; one becomes a go-to person, a role-model, a repository of knowledge and ideas in the eyes of many. This makes it imperative for us to come together as a body of practitioners and form a think-tank to make significant impacts on society.”

She recommended that all who have graduated from NiBS should sign up to be members of the NiBS Executive Doctors Academy (NEDA) to promote life-long learning, knowledge sharing, and encourage a practical approach to research for the advancement of businesses and good corporate governance.

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