Youth Minister participates in Nobel Vision Open Innovations 2.0

Moscow, Dec. 8 (BNA): Minister of Youth and Sports Affairs Ayman bin Tawfiq Al Moayyed participated virtually in the Nobel Vision Open Innovations conference organised by the Russian Skolkovo Centre for Innovation. The minister spoke in a session entitled “New Business Models for Managing Change in Organisations” along with a number of political and economic leaders, Nobel Prize winners, and those interested in innovation. The session discussed the change policies in organisations and the rapid digital transformation carried out by many companies and institutions in 2020 due to the COVID-19 pandemic, which is considered as the beginning of basic economic restructuring in addition to the use of digital methods in customer service and their advantages. The conference also discussed the importance of the rapidly changing economic environment, and the audacity of some companies to choose bold strategies during the pandemic by adopting e-commerce, automating its production, increasing productivity and accelerating decision-making processes.