Opening speech by Prof Dr Zuraidah Mohd Sanusi, advisor of ICGSM 2022

Her speech focus on the theme of the conference, which is "Innovation and Governance for Sustainability" is centered around building up an understanding on the importance for organizations to maintain a solid practice of good governance in ensuring continuous progress. In that spirit, organizations are also called to embrace changes that is happening around, especially post Covid-19 pandemic, and coming out from the comfort zone to initiate meaningful innovation that would help us to adapt better. These two aspects, innovation and governance, are very crucial as organizations nowadays cannot afford to be complacent in status quo. In today's business environment, corporate governance and strategic management are taking on a new meaning with the imperative stretching from individuals to institutions alongside the rising pressures on companies to open up to stakeholders by demonstrating to investors that they can build resilience to future shocks, and to society at large that they are committed to long-term, sustainable value creation economy.