• By The Financial District

Business Leaders Urged To Digitalization Efforts

The PLDT group is urging business leaders across industries to prioritize digital transformation efforts to keep businesses relevant and resilient.

Photo Insert: PLDT and Smart Communications, Inc. President and Chief Executive Officer Alfredo S. Panlilio speaks to members of media during the Philippine Digital Convention 2022.

“Digital transformation goes beyond acquiring technology. It requires reshaping the culture, practices, principles and outlook of businesses,” PLDT and Smart Communications, Inc. President and Chief Executive Officer Alfredo S. Panlilio said during the Philippine Digital Convention 2022.

“The key to fulfilling and sustaining the gains of transformation rests on the hands of business leaders. I can say this from personal experience, as we ourselves are undergoing a transformation within the PLDT group,” he added.

Digital transformation is one of the primary goals of the current administration. Government leaders have said that this will require collaboration between the public and private sectors.

For instance, President Ferdinand R. Marcos, Jr. wants the national ID to be used next year. In his first address to the nation, he said the national ID “will play an important part in (the country’s) digital transformation.”

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

ePLDT president and chief executive officer Viboy S. Genuino said that the company “also shares the government’s vision for the Philippines to position itself as a preferred regional hyperscaler hub.”

He added, “in support of this vision, ePLDT is trailblazing in increasing data center capacity beyond our 10 facilities nationwide by building Vitro Sta. Rosa, our largest, most advanced and sustainable data center which we expect to launch by December of 2023, and by growing our multi-cloud capability to help customers digitally transform.”

Business: Business men in suite and tie in a work meeting in the office located in the financial district.

Panlilio said that transformation is “not a one-off game with a fixed set of rules that leads to an aspired endpoint.

“Oftentimes, rules change mid-game. This requires a steadfast leader that inspires, coaches, and leads players to be proactive, agile, and open to new trends. It calls for infinite leadership — leading with an understanding of the long haul and the need to proactively shift gears,” he added.

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