‘Investment in innovation will help in crisis’ - GulfToday

‘Investment in innovation will help in crisis’

Coronavirus

Photo has been used for illustrative purpose.

Mariecar Jara-Puyod, Senior Reporter

It has been proved time and again that crises and opportunities go hand-in-hand.

Ina Concon, psychologist-registered nurse-Child Care UAE co-founder, would still stick to the industry ‘I have dedicated my life” since 2010: special education/healthcare for special needs children. She would help formulate “well-planned (curricula) and platforms for home-based therapy sessions to deter possible depression and the (worsening) of maladaptive behaviors “when routines change” like the consequences of the pandemic.

Francis Errol Medina, owner of a chain of restaurants and several retail outlets  in the Philippines as he is being consulted in the UAE by his countrymen and other nationalities regarding entrepreneurship, considers a set of guidelines: the venture as the solution to current and forthcoming challenges resulting in happiness and greater satisfaction among the majority, it being the new norm or part of the new norm, liquidity, emergency fund, strong feasibility, market research and certain scenarios.

Gulf Today approached Concon and Medina as on April 21 (Tuesday), Dubai will be the host of a new free online series of talks, a response to the global Coronavirus 2019 (COVID19).

The talks on “how digital innovations mitigate risks (for) a more resilient and sustainable economy” are through the “Future Proof Your Organization with Black Swan Capabilities” of Gellify Middle East.

Gellify Middle East is part of the Italian company Gellify which, decided to set up its regional hub in Dubai.

Chief executive officer/co-founder Massimo Cannizzo said: “Dubai has proven a track record of building a city that understands the future. It plays a key role in shaping the future. It is for this matter that we are here.” They want to replicate what they have done in Europe with regards assisting 25 start-ups amounting  to $15 million of investments since 2017.

They want to grow with the region through the UAE and Dubai, alongside veteran and greenhorn innovators and entrepreneurs. They want to stir up job creation. They want to enable human resources manage and fully protect all investments from all unforeseen “disastrous events” leading to  everyone’s “health and wealth.” On the COVID19 and the world being one busy battling it together, Cannizzo said: “We believe that those who invest in innovation such as process, product, and business model innovation, among others today, will be the first to get out of this and future crises and have a competitive advantage in the (days to come.”

His response to the significance of digital technology propping up world economy amidst a global challenge such as COVID19: “Innovating processes using digital technologies can help build the resilience of businesses (and countries in general). Innovation can revolutionize industries and help businesses cope with the way people receive information these days.”

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