INSEAD Executive Director - the efforts made by Kazakhstan are definitely going the right direction

18 May, 2018, 20:55 337
INSEAD Executive Director - the efforts made by Kazakhstan are definitely going the right direction

Bruno Lanvin, Executive Director of INSEAD, is taking part in the Astana Economic Forum.

Within the Forum, Mr.Lanvin talked with journalists, and left comments on digital technology, digitalization process, BNews.kz reports.

“The world economy is global and it is digital. So, nobody can hope to compete if it is not going through some digital transformation. The efforts made by Kazakhstan are definitely going the right direction. That there is a clear vision from the Government, there is a clear level of public investment in that area. A number of possible hurdles and obstacles need to be addressed. One should not to get for instance that digital is not just digital technology, it is also having a digital mindset. So attracting the right kind of talents, creating those talents through education, upskilling it, a lifelong learning would be critically important,” Mr.Lanvin said talking about Kazakhstan’s way toward digitalization.

In his speech he also mentioned business models, as well as having the right mindset .

“Every year, for the last twenty years, we publish a network readiness index Global Information Technology Report. We get a fairly good idea about which countries are champions, those who are succeeding, those who are failing. So, there is a number of recipes that have to do with the digital transformation , that need to be followed. One of them is never to aim for the particular technology. The base of changes is to rapid, so the best is to be ready for the next change and to be ready to innovate on that basis. One should not to get that most of the destructive innovations we have seen in the last few years or decade for that matter are not just technology. Most of them are about business models, so having the right mindset includes having the ability to move from one business model to another, to move from one set of talents to using another, and to see how innovation can apply at the social, political, and economic levels,” he said.