Business

Businesses urged to innovate in the digital age

Philstar.com

November 1, 2015 | 6:20pm

MANILA, Philippines – Enterprise leaders were urged Thursday at the 6th annual Enterprise Innovation Forum (EIF) hosted by Globe Telecom to innovate more to sustain competitiveness in the digital age.

“Businesses today operate in a world that is in an ever-constant change," Globe Senior Advisor for Enterprise and IT Enabled Services Group Mike Frausing said. "This change has affected enterprises in such a way that it has disrupted usual thought process and workflow.”

“With the trend of how technologies evolve and become available, these changes in the business environment drive enterprises to transform their business models to remain relevant now and in the future,” Frausing added.

“Enterprises need a little bit of spark—a change of mindset,” Globe Chief Operating Officer for International and Business Markets Gil Genio said.

This year’s EIF featured MIT Leadership Center Executive Director Hal Gregersen as the main keynote speaker. Gregersen talked about what innovators should be doing and shared different techniques on how they can get new ideas in a very disruptive world.

“The reason problems exist is because you’re asking the wrong questions,” he said.

“Innovators ask questions that are catalytic.”

According to Gregersen, innovators should also talk to people of different race, language and industry to gain new insights.

The Chief Executive Officer of Singtel Group Enterprise, Bill Chang, was also one of the plenary speakers who presented interesting facts on cyber security.

According to Chang, big global brands have fallen prey to several cyber attacks. In fact, it take companies that boast of using high-end cyber security technologies 205 days on average before realizing that their cyber security measures had been breached.

Mobile devices, personal data, confidential company files on computer, and online banking information and transactions can all be intercepted by hackers using different techniques, Chang shared.

Some hacking techniques were demonstrated to help participants understand how cyber security is breached in both the hacker’s and victim’s perspectives.

“Enterprises are increasingly challenged to defend themselves,” Chang said.

“Companies have to figure out who they’ll work with and invest in cyber protection.”

Other distinguished speakers who led the breakout sessions in the forum were Arbor Networks’ CF Chui, Trustwave’s Michael Cerick, Singtel’s Wong Loke Yeow, Globe Telecom’s Anton Bonifacio, Tata Communications’ Srini Nagaraj, and Fortinet Southeast Asia and Hong Kong’s Alvin Rodriguez.

Globe Business holds the EIF every year for industry leaders to gain new insights and learn best innovative practices to stay competitive in their respective industries.

Globe to start offering iPhone 6s, 6s Plus on November 6

Globe offers new broadband plans of up to 1 Gbps

Globe chief is 2015 People Manager of the Year

Globe gives away free passes to Madonna concerts