Newsbook Webinar: The importance of continuing to invest in people

Tista' taqra bil- Malti.

The value of investing in people was the focus of the address made by IDEA Group Managing Director Silvio De Bono in the Newsbook Webinar entitled “The Post-COVID economy”. Dr De Bono said that that the COVID pandemic has taught Malta the need to continue investing, particularly in people. It has taught us that economic situations are uncertain. Businesses and people, he said, are vulnerable and investment is required to safeguard against these weaknesses.

Dr De Bono added that the pandemic taught entrepreneurs to ensure they keep on investing in innovation since this may prove to be their break-fall in times of crisis. The effort to keep afloat in business, said Dr De Bono, can only be safeguarded by investment in innovation. Remote working is just one aspect of innovation, he observed. Dr De Bono added that there is no ‘one size fits all’ solutions in business and the country needs to assess the situation and plan a way forward. He concluded with a warning that all businesses need a level playing field so that they can aspire to place themselves in this zone where innovation is possible.