BusinessWorld Economic Forum 2019

ABOUT THE THEME

Over the last 20 years, the landscape of Philippine business has vastly changed with the impact of disruptive technologies leaving firms scrambling to reinvent themselves to thrive and survive. Coinciding with this development is the country’s changing demographics in the workplace and the workplace itself.

With technology having a bigger role in changing the way firms do business, success has become a matter of leveraging on aforementioned technologies. It is now becoming more crucial to have a deep and nuanced understanding of their intended and unintended impact.

On May 30, 2019, thought leaders, industry experts, business executives, government policymakers, innovators, academicians, technology providers and more will gather at BusinessWorld’s annual Economic Forum, with the theme “The Future of Business: Next-Wave Disruptions & Opportunities,” to explore the promises and dangers of technology and how these will impact businesses over the next 10 years.

A WHOLE-DAY OF KNOWLEDGE SHARING & INSIGHTFUL DISCUSSIONS OF KEY ISSUES IMPACTING TODAY'S BUSINESSES.

AUTOMATION & ARTIFICIAL INTELLIGENCE AND HOW THEY WILL IMPACT PEOPLE, SKILLS AND MANAGEMENT

Job automation and the adoption of artificial intelligence is said to benefit businesses and the economy as a whole through an increase in labor and capital productivity as these machines take over mundane and routine tasks, freeing human employees to do non-repetitive and cognitive tasks.

However, there are apprehensions on the adverse effects it would bring to the labor force by way of job displacements and layoffs as AI and robots are seen to replace human employees completely.

At the same time, Generation Z (post-millennials) are starting to enter the workforce. The latest technological boom has helped shape their behavior and attitudes. Unlike previous generations, the generation gap is more apparent as they were brought up at the time where mobile phones, computers, and the Internet were becoming more accessible.

What kind of leadership management is needed to unleash their potential amid this emerging new culture of work characterized by digital sophistication? Are the working habits of these “digital natives” any different from that of the previous generations?

DIGITAL COMMERCE AND HOW BIG DATA & MOBILE TECHNOLOGY WILL SHAPE THE FUTURE OF RETAIL

The growth of digital commerce (also known as e-commerce) has created a brand new retail experience. The whole process that started from the “click-to-buy button” to receiving the product in every consumers’ doorstep is projected to become a multi-billion peso industry in a few years. Thus the wide adoption of shopping online is more likely a question of when rather than if.

The appeal of e-commerce, which refers to the selling of goods or services by means of exchange through the Internet, is said to be convenience. With a click of a mouse (or a tap on a smartphone), one can obtain the desired good or service without having to worry about shipping costs exceeding the item itself.

With e-commerce gaining traction, consumers are getting more demanding, pushing existing and new retailers to level up their game. In a fast-changing world, how could firms ensure that they expand and stay in business?

FINANCIAL TECHNOLOGY & THE FUTURE OF MONEY

Terms such as financial technology (fintech) blockchain, cryptocurrency, and cashless economy have not only entered the public lexicon, they are also changing the way the finance industry does business – and the Philippines is no exception.

Numerous startups have sprouted in recent years with new businesses coming in to fill specific niches such as lending, remittances, crowdfunding, peer-to-peer marketplaces, payroll and tax payments, and digital transactions using blockchain technology, among others.

The reshaping of the industry by these trends has inspired both worry and hope. Though just how far-reaching the effects of these trends will be remain to be seen. In any case, industry incumbents will have to adapt.

NEXT-GENERATION TECHNOLOGY & THE FUTURE OF ECONOMY

Technologies that would be in the realm of science fiction is now becoming commonplace. With the advent of the internet, the global economy is said to be undergoing a “fourth industrial revolution” through the proliferation of smart applications that integrate “virtual and physical systems.”

Economist and World Economic Forum founder Klaus Schwab said that this fourth phase is “fundamentally different” in that “emerging technologies and broad-based innovation” are diffusing at a much wider and faster pace compared to previous revolutions. Nowadays, companies have started to employ artificial intelligence, drones, and all manner of sophisticated robots to help run their day-to-day operations.

While technological innovations are believed to contribute to economic growth through boosting workers’ productivity and corporate earnings, who specifically benefits is a different matter. With every episode of technological innovation brings forth companies that rise and fall depending on how they adapt.

How can these technologies improve the activities in sectors such as transportation, services , real estate or manufacturing? What is in store for the future of trade and industry?

LEARN FROM SOME OF THE BIGGEST NAMES IN THE LOCAL AND INTERNATIONAL BUSINESS SCENES.

KEYNOTE SPEAKER

Jaime Augusto Zobel De Ayala
Chairman & CEO
Ayala Corporation

SPEAKERS

Aileen Judan – Jiao
President and Country General Manager
IBM Philippines

Andrés Ortola
Country General Manager
Microsoft Philippines

Constantin Robertz
President
Entrego

Joseph Ian Gendrano
First Vice President & Head
Enterprise Core Business Solutions, PLDT Enterprise

Kevin Andrew Tan
CEO
Alliance Global

Kristine Romano
Managing Partner, Philippines
McKinsey & Company

Lito Villanueva
Founding Chairman
FinTechAlliance.ph

Maria Francesca F. Tan
CEO
MFT Group of Companies

Noel A. Santiago
Chief Digital Officer
Bank of the Philippine Islands

Pauline Fermin
Managing Director
Acumen Strategic Consulting

Peter Maquera
Senior Vice President, Globe Business
Globe Telecom, Inc.

Ray Alimurung
CEO
Lazada Philippines

Rizalina Mantaring
President
Management Association of the
Philippines

Satoru Suzuki
President
Toyota Motor Philippines

Shiv Choudhury
Partner and Managing Director
Boston Consulting Group Singapore

Shivaji Das
Managing Director and Partner
Frost & Sullivan, Asia Pacific

Susie Lee
Vice President, Global Business Solutions
Degreed

Vicente T. De Villa III
Senior Director and Officer-In-Charge
Financial Technology (Fintech) Sub-Sector
Bangko Sentral ng Pilipinas (BSP)

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REGISTRATION FEES

Early Bird

PHP 8,000
+VAT
April 8-30, 2019

Regular Rate

PHP 10,000
+VAT
May 1 – 28, 2019

Group Rate

Get 1 free seat
for every
3 seats paid

Online registration ends on May 28, 2019.
* 20% Discount for BusinessWorld Subscribers, NGOs & Senior Citizens