The Morrison Government is strengthening Australia’s position as a leading digital economy by launching a new training program designed to lift the digital literacy of company directors.
The Digital Directors Training Program will be delivered by the Australian Institute of Company Directors (AICD) and comprises 10 online modules that cover topics such as digital investment strategy, digital transformation and modern competitive business practices.
The training program is part of a broader $22 million digital business package, which includes additional support for small businesses through an expansion of the Australian Small Business Advisory Service’s Digital Solutions program.
Minister for Science and Technology Melissa Price said a 2019 study by the AICD found that just 3 per cent of board directors had a digital background.
“Through the training program, the Government hopes to lift that figure significantly.
The COVID-19 pandemic has accelerated digitisation across the economy.
To help cement these gains, Australia needs digitally-skilled leaders at the helm, steering their business into our digital future.
As a graduate of the AICD, I want to see more Australian businesses investing in technology so they can increase their competitiveness and productivity, increase connectedness with consumers and create new jobs in high-value areas.”
Minister Price said.
The AICD will share the content with peak industry bodies to maximise the training program’s reach, including the Business Council of Australia (BCA).
BCA CEO Jennifer Westacott said a new training package to lift the digital capabilities of local business leaders will be critical to modernising our economy and will make us more resilient to cyber risks.
More details on the program can be found here: aicd.com.au/digital-directors
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