Lockdown Lesson: Towards a More Productive Digital New Zealand Economy | Instant News

Bank of New Zealand (BNZ) has released a new report about
opportunities New Zealand must now change its economy
and increase productivity with speed through digital enhancements
adoption when we break out. Report it too
outlines the role that BNZ wants to play in helping bring about
about this.

BNZ CEO, Angie Mentis, said, “We
through one of the most challenging periods in life
Storage. While the impact of COVID-19 is clearly extraordinary
difficult, silver lining has become acceleration
digital adoption in ways we could never do

“Now is the right time to ask yourself whether
we can build this to improve our economic performance
the progress of all New Zealanders.

“We already know
for a long time digital adoption was an important key
lift our productivity, income and well-being and
now it’s time to talk. That allows us to connect
with more businesses and customers all over the world, and
at home. This allows us to run our business more
efficiently and to reduce our carbon footprint.

New Zealand has invested in infrastructure to produce high yields
broadband speed but allows the use of digital technology
also about investing in the right skills. The most
brilliant innovation is of no use at all if we are lacking
skills to use it. We need to invest in New skills
New Zealanders take advantage of digital

“There are many good ideas that come up
areas where we can develop special groups
the world leading company in New Zealand. Microsoft
The announcement to create a new data center here is also highlighted
New Zealand is attractive to leading global companies.

“As well
as developing this opportunity, we must also work
encourage our small and medium enterprises to rise
their productivity. Without the SME part of the puzzle, we are
run the risk of creating that ‘two speed’ economy
exacerbating inequality.

“Our report is detailed
the opportunity to make it more digitally active,
a global focused economy. To help this, BNZ will do it
measure and help improve digital skills and abilities
Kiwi with the aim of increasing productivity, finance
the ability and welfare of the people in New
New Zealand.

“We look forward to working with the government
and other businesses as we do little to create and direct
this change, “said Mentis.

BNZ Economist and
the report’s author, Paul Conway, said, “New Zealand is small
and an isolated economy, which means our company is frequent
not well integrated into international and domestic markets
companies can often be isolated from new technologies and
competitive strength.

“Digital technology can help
we overcome these challenges, connecting us more closely
with the world and help us work smarter, not harder. In
many ways, things that make us unique as a country and
economics also makes us digitally compatible

“When we rebuild our economy after
pandemic, we have a unique opportunity to build a
a stronger economy that produces all New Zealanders.
Embed digital technology in our economy and buildings
Digital skills must be the foundation of our recovery

“To help, we are building indicators
digital capabilities throughout New Zealand SMEs and individuals.
This will give a rich picture of digital skills and
inclusion and provides a unifying framework for aligning and
target investor efforts in digital inclusion

“We knew we could not do this alone, so we
forming organizational partnerships that are aligned with
the common goal of improving New digital capabilities
New Zealanders, “Conway said.

This partnership includes
Government, with the Ministry of Home Affairs
acting as a focal point for all governments

BNZ has committed to playing its role in
this agenda, supporting the digital skills movement and a
digital transformation agenda in business to enable the high
reach New Zealand. The bank plans to work with another
like-minded organizations to help push this forward and
will continue to publish research on the topic and

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