With the country experiencing the biggest recession it has ever witnessed, like never before, businesses need to adapt to the changes brought on by the disruptions of the current situation. With this in mind, our next Cornwall Innovation Club is around the theme of Adapting to Change. Our keynote speaker, Professor Sa’ad Medhat, Founder and Chief Executive of the UK Institute of Innovation and Knowledge Exchange will deliver his address ‘Using Innovation to Navigate In a Sea of Ambiguity and Uncertainty’. He says, “We’re all in crucial survival mode! Managing with clarity to manage ambiguity is the new strategic imperative that business leaders must become more adept at. Fundamentally, business leaders are questioning the validity of their business models today. Establishing a recovery plan is paramount, but to achieve this, leaders need to understand the parameters that govern and affect the ambiguity surrounding their business operations. Only then, through such understanding, will leaders be able to develop new strategies to tackle ambiguity. Given this inevitable change in direction, this talk will look at whether business strategies developed before the current disruption hold future currency and the ‘what’s next’ to drive up business resilience.”
Professor Medhat will be joined by Kim Conchie, CEO of Cornwall Chamber of Commerce, who will give an overview of the business landscape within Cornwall, with a specific focus on how Cornish businesses are adapting to the current situation and looking forward to ways in which they can diversify and pivot. There will also be valuable input from Joe Healey, Managing Director (Trading) of Healey’s Cyder, who will explain how significantly adapting your business model can bring success when unforeseen events disrupt the world.
We are treating the first 25 Cornwall Innovation Club members who register for the event to some goodies. Not a member? Why not join up now and then register for the event.