Paul Jenkins - Navigating Economic Shifts

Paul Jenkins joins us to discuss how businesses can better prepare for the economic shifts caused by technological disruption. Jenkins is a former Senior Deputy Governor of the Bank of Canada. Jenkins explains why risk management structures are essential for business resilience in the face of rapid technological change and advancement, and says Canada needs to invest more heavily in digital skills training to avoid falling behind other nations.

Highlights from our conversation include:

1. History shows it can take decades for the effects of technological change to be fully felt. In Jenkins’ view, we are “not even close” to the point where the digital revolution reaches its peak.
2. Businesses need to invest in both attracting new talent and upskilling existing talent to ensure they’re able to remain competitive and adapt to new technological developments in the future.

Host: Maggie John