STRATEGIES and policies are integral for investors and companies, enabling diversification and fostering growth and development.
CEO of the PNG Institute of Banking and Business Management (IBBM), Susil Nelson-Kongoi, emphasized in her presentation the importance of business centers adapting to a culture of diversifying their strategies when their companies are struggling to develop.
“As I mentioned before, each of you from the industry bodies, you have the power to influence because you sit on various trade and industry groups,” she stated during the CANCONEX Papua New Guinea Resources Summit today (Wednesday).
“You need to use that influence to work together, to inform, to influence policy, and to help our government counterparts understand, as that’s the business we are in.”
She outlined the services they advocate for, emphasizing the critical importance of capacity building as a reliable investment for investors and companies.
She further elaborated that IBBM focuses on enterprise centers, corporate training with an emphasis on soft skills, and management college.
With a vision for workforce development, Ms Nelson-Kongoi is confident that this can be achieved through education and training programs.
The necessary requirements will be met by acquiring essential national content policies for extractive industries, addressing workforce supply and industry demand, meeting supply demands, and having the ability to meet the local workforce needs for upcoming mega projects.
