Business leaders have emphasised the importance of innovation to navigate turbulent times.
They spoke at a recent BusinessDay CEO Forum to discuss strategies for navigating the turbulent times.
The event, a collaboration with PricewaterhouseCoopers (PwC), served as a crucible for innovative thinking and visionary leadership.
At the forefront of the dialogue was Chukwuma Nwanze, MD/CEO of Credit Direct Finance Company Limited (Credit Direct), the consumer finance arm of FCMB Group.
Nwanze’s message was clear and resonant: “In the face of adversity, innovation and resilience are not just beneficial – they are essential.
“Leaders must extend their vision beyond traditional boundaries by continuously adapting and incorporating effective and efficient methods to take their businesses forward.”
He emphasised this during a panel discussion on “Leadership and Partnership: Driving Value in a Challenging Economy”.
“We consistently innovate to build products that solve our customers’ problems,” Nwanze stated, underscoring the importance of customer-centric solutions in driving growth.
The sentiment was echoed by other panellists, including Dr Ayotunde Coker, CEO of Open Access Data Centres Limited.
Coker highlighted the transformative power of technology, particularly broadband development, suggesting that a 10 per cent increase could boost Nigeria’s economic growth by 2.5 per cent.
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