The Guest of Honor of
the conference was Jerzy Kwieciński,
Minister of Investment and Development, whose opening speech focused on
the growing employment rate in Poland, decreasing level of debt, and record low
budget deficit. The Minister also pointed to the rapidly developing innovation
sector in Poland.
How to win in the era
of AI, robotization, and automation? The panelists first focused on the
effectiveness of artificial intelligence. According to speakers, before the
implementation of AI in a company it is advisable to perform thorough analyses
to make sure that the investment will be beneficial. Another topic discussed
was the areas in which the application of AI should be most extensive. The
speakers agreed that the areas that would benefit most from the implementation
of AI are progressive robotization, companies from the financial industry, and the
production of autonomous cars. The discussion also included the topic of
machines taking over more and more responsibilities of physical workers. The
first debate was summarized with a statement that artificial intelligence is
just a technology, and it is up to us to decide how it should be used.
The panelists of the second panel began the discussion from innovation
in practice. They discussed the story of the iPod, which was initially designed
by Sony. The brand was mainly focused on improving current players and therefore,
it decided not to mass-produce the new player. According to the panelists, this
resulted from the fear of the innovative solution, which was treated as a
threat to the popularity of existing devices. The idea was taken over by Apple,
which focused on the production of the new device. Sony lacked a clear strategy,
leadership, and answer to the question: if a given organization does not
implement an innovation, will it still be done in the future? According to the
panelists, the answer to this question is “yes”. They also stressed the role of
cooperation between enterprises and universities as the source of innovative
solutions. In summary, regardless of whether innovations are inside the company
or are implemented slightly on the side, they are an inherent feature of all
industries.
At the beginning of third panel, the panelists pointed to the fact that the
disappearance of physical currency can be caused not only by the development of
virtual money, but also by automation. When a factory becomes fully automatic
and no longer requires human labor, nobody needs to be paid. According to the
panelists, the adjustment of the tax system to the changes taking place on the
labor market will also pose a great challenge. The progressing automation
prompts people to change their trade and set up their own businesses, based
primarily online. It will, therefore, be important to adjust taxation in such a
way as to maintain the balance from before these changes. It is also important
to implement legal regulations conducive to the development of modern forms of
payment. One of them is the regulatory sandbox, in which fintechs can enter the
traditional economy to experiment without having to obtain licenses. Another
option is the so-called stable coin, or stable bitcoin, which central banks are
currently working on.
After the end of the
content-oriented part, it was time for the evening gala. Its highlight was the
awards ceremony honoring the best companies, outstanding managers, and business
leaders who implement the highest standards of leadership. This year 9 awards
were granted in 8 categories!
Winners of “European
Leadership Awards”:
TECHNOLOGY LEADER
Amazon
INNOVATION LEADER
PKO Bank Polski SA
CEO OF THE YEAR
Piotr Śliwicki – President of the
Management Board of ERGO Hestia SA
GLOBAL SUCCESS LEADER
Synthos SA
LEADER IN FINANCE
PZU SA
SUSTAINABILITY LEADER
Kompania Piwowarska
SA
VISIONARY
ENTREPRENEUR
Jerzy Starak – Chairman of the
Supervisory Board of Polpharma SA (winner)
Dariusz Mioduski – President of the
Management Board of Legia Warszawa SA (distinction)
SPECIAL AWARD:
PERSONALITY OF THE DECADE
Waldemar Dąbrowski – Director of Teatr
Wielki – Polish National Opera in Warsaw