@VC Leadership Presentation - CORE

TheLeadershipEdge:EmployingTechnology

andICTSkillsinAdvancingthe

AttainmentofVision10:2022

AOne-DayLeadershipEmphasisSessionforManagementTeam/ProfessorateofCovenantUniversity

Prof.AAA.Atayero

TheVice-Chancellor,Covenantuniversity,Ota,Nigeria.

14thNovember,2017.

PresentationOverview

Introduction: Leadership and the ICT RevolutionInternet of Things (IoT) & Big Data Analytics

TheDigitalDivideandtheDemandsofLeadership

TheLeadershipMandateforCovenantUniversitytowardsVision10:2022

Conclusion

TheFlatWorld&theResponseofLeadership

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Introduction

AgoodunderstandingofrelevantandcurrentInformationandCommunicationTechnologies(ICTs)isrequiredforeffectiveleadership in21stcentury.

Thereisanurgentneedfordisruptivechangesinleadershippracticesindevelopingcountriesfortheregiontoleapfrogintotheknowledgeeconomy.

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Introduction

Informationtechnologyisa“disruptivetechnology”becauseitchangeshowbureaucracyorganizesandworks,howpowerisdistributedorcontrolled,andhowinformationissharedorprotected.

ICTcanenableanestablishmenttochangefrom“commandandcontrol”organizationstoknowledge-based,networkedandlearningorganizations.

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Introduction

ElectronicLeadership(e-Leadership)isakeyingredienttointegratingCovenantUniversityintotheleagueofworld-classuniversitiesthroughinclusiveinformation.

E-leadershiprequiresleveragingtheongoingtechnologicalrevolutiontobuildcompetitiveknowledgeeconomyandinclusiveinformationsocietyinanincreasinglyglobalmarket-driveneconomy.14-Nov-17 4

Introduction(Cont’d)

• InSeptember2015,theUnitedNations,inthe‘2030AgendaforSustainableDevelopment(2030Agenda)’,statedthat‘thespreadofICT andglobalinterconnectednesshasgreatpotentialtoacceleratehumanprogress’

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GlobalICTTechnologyTrends(Forbes2017)

1.InternetofThingsandSmartHomeTechnologies

2.AugmentedReality(AR)andVirtualReality(VR)

3.BigData&MachineLearning

4.Automation

5.HumanizedBigData

6.Cyber-physicalSystems

7.EverythingOn-Demand

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http://bit.ly/2z8rjyN

InternetofThings(IoT)

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InternetofThings(IoT)•IoT is the interconnections of:•computing devices;•mechanical and digital machines;•objects;•animals or people that are providedwith unique identifiers

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InternetofThings(IoT)•IoT enables connected things and peopleto transfer useful information over acommunication network withoutrequiring human-to-human or human-to-computer interaction.•In simple words, IoT is a network ofconnected things.

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EnablersofIoT

Thesize andcost ofsmartdevicesarereducingtremendously

Thereisagrowingpenetrationofhigh-speedInternetaccessglobally.

Batterytechnologyhasimprovedandsolarrecharging hasbeenbuiltintonumerousdevices.

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The introduction of Internet Protocol version 6(IPv6) allows us to assign a unique networkaddress to billions of devices.

The IPv4 was a 32-bit addressing system having232unique addresses.The IPv6 is a 128-bit system having 2128(3.4x1038) unique addresses.

There is high proliferation of smart devices thathave in-built sensors and capabilities forWireless Fidelity (Wi-Fi) and cellular wirelessconnectivity.14-Nov-17 11

EnablersofIoT

TimelineofDevelopmentsLeadingtoIoT

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DriversofIoT

Sensors&Actuators

Connectivity

People&Processes

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Sensors&Actuators

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• Theworldisdevelopingadigitalnervoussystem• GPS– LocationData• Eyes– Cameras• Ears– Microphones• Sensors– Measuretemp.,pressureetc.

Connectivity

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• Ubiquityofversatilewired/wirelesstechnologies

• Allowfordigitizationofinputsforcommunicationoverheterogeneousnetworks

People&Processes14-Nov-17 16

• NetworkedinputsareaggregatedintoduplexsystemscapableofintegratingData,People,Processes,SystemsforinformedDecisionmaking

IoT:FromPeople-to-PeopleToMachine-to-Machine

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IoT RevenueOpportunities

• Growthisacrossboard• Growthratediffers• HighestGainers:

• Home (Consumer)• Cities (Industry)

• LowestGainers:• Health (Body)• Buildings (Infrastructure)

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Software-basedServicesaccount

for48.19%

20

Softwarewillaccountfor

~49%

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ConnectedDevices

Home 3,746m

Transport 393m

Body 360m

Buildings 1,727m

Cities 1,525m

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FromIoT toIoE:EvolutionTrajectory

IoT Maturityand

Adoption

• TheworldisstillintheearlystagesofIoTadoption.• TheimpactofIoTindevelopingcountriesisstillrelativelylow,whencomparedtodevelopedworld,duetothefollowingissues:§ LimitedbroadbandInternetaccesscoverage;

§ Powerrequirements,reliabilityanddurability;

§ Policyconsiderationsconcerningaccesstodata,legacyregulatorymodels,standards,interoperability,security,andprivacy.

IoTMaturityandAdoption

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IoTMaturityandAdoption

IoTMaturityand

Adoption

Table1:Top10NetworkReadyCountriesperRegion

Table2:Top10ICTDevelopedCountriesperRegion

Table3:Top10InnovativeCountriesperRegion

Table4:Top10CompetitiveEconomiesperRegion

Table5:Top10KnowledgeDrivenEconomiesperRegion

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BigDataAnalytics

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•WhatisBigData?•BigDatareferstoextremelylargedatasetsthatmaybeanalyzedcomputationallytoreveal:•Patterns;•Trends;and•Associations.

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BigDataAnalytics

CharacteristicsofBigData:The 3Vs

Volume Largevolumesofdigitaldataaregeneratedcontinuouslyfrommillionsofdevicesandapplications(ICTs,smartphones,products’codes,socialnetworks,sensors,logs,etc.).

Velocity Dataaregeneratedinafastwayandshouldbeprocessedrapidlytoextractusefulinformationandrelevantinsights.

Variety BigDataaregeneratedfromdistributedsourcesandinmultipleformats(e.g.,videos,documents,comments,logs).

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StatisticsonGlobalDataGenerated&StoredinElectronicFormat

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DatainElectronic

Form

at

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BigDataAnalytics

•Companiesandindustriesaremoreawarethatdataanalysisisincreasinglybecomingavitalfactorto:•automate processes;•becompetitive;•discovernewinsight;and•personalize services.

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BigDataAnalytics

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HowCompaniesHarnessthePotentialsofBigDataAnalyticsAmazon,theonlineretailgiant,exploitsheraccesstoamassiveamountofdataonitscustomersforpersonalizedmarketingandtoimprovecustomerrelations.

AmericanExpress employssophisticatedpredictivemodelstoanalyzeandpredictconsumerbehavior basedonhistoricaltransactions.

T-Mobile,amobilenetwork,combinescustomertransactionandinteractionsdatatopredictcustomerfluctuations.

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HowCompaniesHarnessthePotentialsofBigDataAnalytics

GeneralElectricusesthedatafromsensorsonmachinerylikegasturbinesandjetenginestoidentifywaystoimproveworkingprocessesandreliability.

1

Miniclip,whodevelop,publishanddistributedigitalgamesglobally,usebigdatatomonitorandimproveuserexperience.

2

TheentertainmentstreamingserviceofNetflix hasawealthofdataandanalyticsprovidinginsightintotheviewinghabitsofmillionsofinternationalconsumers.

3

• 156m Emails sent• 16m TextMessagessent• 4.1m YouTubevideos viewed• 3.5m GoogleSearch Queries• 1.8m Snaps Created• 990k TinderSwipes• 900k Facebooklogins• 751.5kUSDollarsSpent Online• 452k Tweets sent• 342k Apps Downloaded• 150k GIFs SentviaMessenger• 70k HoursWatched onNetflix• 46.2k InstagramPosts uploaded• 40k SpotifyHourslistened• 120 NewLinkedInAccounts Created• 50 Voice-FirstDevicesShipped

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SocialMediaExperience

SocialMediaExperience

Drasticevolutionoftechnologyhasalteredhowweperceiveorganizationalleadershipabilitiesandbehaviors.

Unfortunately,theimpactofsocialmediaonleadership stillremainsatanascentstage.

Organizationalleadersmustconsidertheimpactofnewmediaadoption onanorganization’seffectivenessandoperation.14-Nov-17 43

SocialMediaExperience• Leadersmustadoptsocialmediatoengagewithbothinternalandexternalaudienceswithaviewofstrengtheningandleveragingrelationships.• Linkingsocialmediaadoptionandleadershipcontributestopositiveorganizationaloutcomessuchas:• increasedemployeetrust;• efficiencyamongvirtualteams;• higherlevelofemployeeparticipation;• efficientknowledgesharing;and• improvedrelationshipswithexternalstakeholders.

DigitalDivide

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DigitalDivide•Digital divide is defined as:§inequality of access to the Internet;§the gap between a group of people who haveaccess to computers and the Internet and thosewho do not;

§an inequality in access, distribution, and use ofInformation and Communication Technologies(ICTs) between two or more populations.

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DigitalDivide(WorldBankData,2016)

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DigitalDivide(WorldBankData,2016)

14-Nov-17 48http://bit.ly/2z8rjyN

DigitalDivide•However,accordingtoMun-cho &Jong-Kil (2001),thedigitaldivideismorethanjustanaccessproblem,andcan’tbeassuagedsimplybyprovidingtherequiredequipment.•BeyondeaseofaccesstoICTinfrastructure,itisimperativetoknowhowtomakeuseoftheICTinfrastructureonceavailablewithinacommunity.

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•Today, the internet has created a Global NetworkedBusiness environment with limitless access to talentwith critical digital innovative expertise.• Savvy companies now encourage the staffing ofpersons with a desire for disrupting the status-quo,who can operate remotely with a distributed peergroup of collaborators, with very minimalsupervision.

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TheDemandsofLeadership

•The implication of this revolution is that leadersand managers must keep abreast with the fastchanging scope of ICT infrastructure, andapplications to ensure they are not left behindby innovative and enterprising employees.

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TheDemandsofLeadership

•It is also very necessary for leaders to stayupdated with the current IT trends as thiswould ensure that they adequately utilizethe skills, and talents of theirstaff/subordinates.

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TheDemandofLeadership


• Leaders must adopt social media to engagewith both internal and external audienceswith a view of strengthening andleveraging relationships.• Linking social media adoption andleadership contributes to positiveorganizational outcomes such as:• increased employee trust;• efficiency among virtual teams;• higher level of employee participation;• efficient knowledge sharing; and• improved relationships with externalstakeholders.


• According to T. Friedman, for avariety of reasons, what economistscall "barriers to entry" are beingdestroyed; today an individual orcompany anywhere can collaborateor compete globally.• The world is very fast becoming alevel playing field such that yourpresence online can make astronger impact of the global planethat a geographical presence.


• Bill Gates says, “Today, I wouldrather be a genius born in China orIndia, than an average guy born inPoughkeepsie (a high-brow locationin the New York, USA).“• The implication of the abovestatement simply extols theimportance of IT skills today,portending a brighter future for askilled genius in an emergingeconomy, than for an elite in a G8nation.

TheResponseofLeadership• Hierarchies are being eroded and playing fields levelled asnew countries and peoples rise in importance and ambition

• are we conducting ourselves in a way that will spell successin this new atmosphere?

• As an institution we must accept the fact that the globalplaying field only supports a dynamically disruptiveapproach to leadership and innovation.

• Nothing normal will do anymore, it is either disruptive or itwill be left behind.14-Nov-17 56

TheLeadershipMandateforCovenantUniversitytowardsVision10:2022

TobealeadingWorldClassUniversity,committedtoraisinganewgenerationofleadersinallfieldsofHumanendeavour.

TheLeadershipMandateforCovenanttowardsVision10:2022

Vision10:2022TogetCovenantUniversitylistedamongthetop10universitiesintheworld

within10yearsi.e.by2022.

TheLeadershipMandateforCovenant

towardsVision10:2022

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TheLeadershipMandateforCovenantTowardsVision10:2022

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TheCovenantReCITe Agenda

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Conclusion• ItisimportantthatasleadersweadoptnecessaryITskillstoensurethatwestrengthenandleverageourprofessionalrelationships.TheworldisbecomingaITfield,inabilitytoinnovateandthriveinthisnewenvironmentwillonlyseesuch“leaders”makewayfordisruptive,andsavvyleaders.• EvenaswetakestepstoenhanceouroperationsthroughrenovatingourICTinfrastructure,wemustensurethatthefollowingobjectivesarenotoverlooked:• Increasedemployeeconfidence;• Proficiencyandoperationalflexibilityamongvirtualteams/units;• Increasedemployeeparticipation,andfreedomofcreativity;• Efficientknowledgesharing;and• Enhancedrelationswithglobalpartners.

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References1. ThomasL.Friedman.(2005).TheWorldisFlat.(ISBN1-59397-668-2)

2. KimMC.,KimJK.(2001)DigitalDivide:ConceptualDiscussionsandProspect.In:KimW.,LingTW.,LeeYJ.,ParkSS.(eds)TheHumanSocietyandtheInternetInternet-RelatedSocio-EconomicIssues.HSI2001.LectureNotesinComputerScience,vol2105.Springer,Berlin,Heidelberg.

3. AtayeroA.A.,OluwatobiS.O.,AlegeP.O.,“AnAssessmentoftheInternetofThings(IoT)AdoptionReadinessofSub-SaharanAfrica”,JournalofSouthAfricanBusinessResearch,Vol.2016(2016),DOI:10.5171/2016.321563,availableat:http://bit.ly/2z8Hpsg

4. AtayeroA.A.,”RelationshipbetweenICTEducationandKnowledgeEconomyinAfrica”,ICADI2015,CovenantUniversity,Ota,availableat:http://bit.ly/2z8dnVJ

5. ThomasFriedman,“TheWorldisFlat”.

6. ThomasFriedman,“Hot,Flat,andCrowded”.

7. GeorgeBarna,“FutureCast”.8. https://s3.amazonaws.com/postscapes/IoT-Harbor-Postscapes-Infographic.pdf.

9. http://bit.ly/at-iot-harbor

10. J.Salmi,“TheChalenge ofEstablishingWorld-ClassUniversities,availableat:”http://bit.ly/at-wcu

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Vision10:20221-of-10-in-10

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Documents

@VC Leadership Presentation - CORE