The managing director at Namibia Wildlife Resorts, Mathias Ngwangwama, says leaders need to adapt to the ever-changing technology world and continue to learn.
He was a guest speaker at the Harold Pupkewitz and Centre for Enterprise Development merger launch at the Namibia University of Science and Technology (Nust) on Thursday.
“Leaders in the digital age need to be committed to ongoing learning and innovation, in addition to understanding the significant influence technology has on business,” Ngwangwama said.
He emphasised that technology advancement is crucial for leaders to guide their organisations through the ever-changing digital landscape towards sustainability.
Ngwangwama said business schools need to continue contextualising business leadership and management research to adapt it to developing countries’ unique situations and conditions.
“I believe one way in which to achieve organisational sustainability is through continuous engagement and collaborative efforts between stakeholders, in particular between business academics and practitioners,” he said.
According to Ngwangwama, business organisations and schools play a crucial role in the day-to-day operations of society, and therefore represent a key ingredient in developing countries’ efforts to attain meaningful social and economic transformation and development.
Speaking at the same event, Nust vice chancellor Erold Naomab said the merger signifies a strategic move aimed at enhancing service delivery to stakeholders and partners.
“Our merger is not merely a combination of resources; it is a strategic alliance to reshape the future of business education nationally and internationally,” he said.
Naomab highlighted the importance of business education in the evolving business landscape.
The event was held under the theme ‘Reimagining Business Education – a New Path for HP-GSB’.
Naomab said the merged entity is committed to being at the forefront of innovation in teaching and research.
The university recognises that the business world is continuously evolving and that its courses must evolve with it, he said.
“We have a reputation for integrating cutting-edge technology, real-world case studies, and interdisciplinary approaches to prepare our students, not just for jobs of today, but for the challenges and opportunities of tomorrow,” he said.
In her welcoming remarks, Efigenia Semente, the executive dean for the faculty of commerce, human sciences and education, said the brand rejuvenation is a growth strategy which has several benefits to Nust and the country at large.
She said the rebranding is underpinned by a business strategy that integrates processes, functions and external networks to create and deliver superior value to targeted customers and stakeholders.
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