growing business & encouraging entrepreneurship warrick malcolm – scottish chambers of...
TRANSCRIPT
Growing Business & Encouraging Entrepreneurship
Warrick Malcolm – Scottish Chambers of Commerce
• Culture– Risk taking– Celebrates Success– Accepts failure, not damns– Enjoys competition & change
Creativity
DriveAmbition
Enthusiasm
Risk
Challenging
Bloody Mindedness!
• Sell the future and the vision
• Sell innovation
• Sell being the best
• Will lead to profit and A Smart Successful Scotland for all of Scotland
Innovating Business & Encouraging Entrepreneurship
Susan Love – Federation of Small Businesses
• Joined-up Scotland plc
• Finance
• Timescales
• People
• Aspiration
Learning & Skills
Ian Duff - SCDI
Issues
• Learning & skills environment must be demand driven
• Educational environment not aligned with young peoples’ experiences or the workplace
• Focus required on soft skills & creativity
Solutions
• Active support for Determined to Succeed by the business community
• Realign the school environment and the training of teachers
• Rethinking targets and measures of success of the education system
Connecting Scotland & Competing in a Global Marketplace
Matthew Farrow – CBI Scotland
Speakers
• Susan Rice
• John Boyle
Brand
• Strong brand, different elements
• Laissez-faire vs intervention
Self-Belief
• Vital, but how to improve?
Digital Connectivity
• Coverage -> take-up -> quality of use
• Public sector best practice
• Skills
Regulation
Must be:• Stable• Responsive• Joined-upScotland’s scale should help, but hasn’t
Physical Connectivity
• Is fundamental to business
• Long term funding
• Delivery
• TPRA
Making Connections
• Peer countries
• Resources
• Priorities
Living & Working in Scotland
Steve Gold – Institute of Directors
• It is clear that none of the 5 strands exist in isolation, all are linked
• Rapid growth in infrastructure – long way to go
• Indigenous/Fresh Talent
• Scotland in the world marketplace
• Attractiveness
Copyright Gordon Hewitt 2004Copyright Gordon Hewitt 2004
““Beyond the KnowledgeBeyond the KnowledgeEconomy – Small Economy – Small
Country, Big Impact?”Country, Big Impact?”
Professor Gordon HewittDistinguished Professor of International Business & Corporate Strategy
Michigan Business School
Friday April 23, 2004
Copyright Gordon Hewitt 2004Copyright Gordon Hewitt 2004
THE “STRATEGY” DILEMMATHE “STRATEGY” DILEMMA
Traditional Assumptions& Definitions
New Assumptions& Definitions
How to Play the Game Better Creating New Games/New Rules
Imitation ?
Benchmarking ?
Innovation ?
Discovery ?
GETTING AHEAD or CATCHING UP ?GETTING AHEAD or CATCHING UP ?
Copyright Gordon Hewitt 2004Copyright Gordon Hewitt 2004
QUO VADIS SCOTLAND ?QUO VADIS SCOTLAND ?
SMART
• What kind of “smartness” would give us access to major global opportunities ?• What kind of “knowledge” would create disproportionate impact?
SUCCESSFUL
• What should be our scorecard for success?• How to think differently about innovation and advantage?
SCOTLAND
• What’s the unit of analysis ?• How do we think about “our resources” ?
Copyright Gordon Hewitt 2004Copyright Gordon Hewitt 2004
WHAT SHOULD WE HAVE LEARNED ?WHAT SHOULD WE HAVE LEARNED ?
It was not the USA, despite pioneering knowledge of telecommunications (Bell Labs) which created global standards in mobile telephony.
It was not Sony or Bertelsmann, with their accumulated know-how in sound technology, who created the digital music revolution.
It is not pharmaceutical companies, despite their knowledge of biochemistry & pharmacology, etc., who are pushing the frontiers of preventive healthcare.
It was not Microsoft, despite its dominance of operating systems, who created the world’s leading search engine.
Copyright Gordon Hewitt 2004Copyright Gordon Hewitt 2004
SYMBOLS OF THE REVOLUTIONSYMBOLS OF THE REVOLUTION
CONVERGENCENew Categories& Connections
DIGITAL ECONOMICSAltering Time, Space
& Method
INTERNET IMPACTKnowledgeable, Militant,
Connected Consumers
BOTTOM OF THE PYRAMID
Role of “EmergingEconomies”
NEW GAMESNEW RULES
NEW INDUSTRIESNEW MODELS
NEW STANDARDS
FORCES SHAPING THE GLOBAL BUSINESS SYSTEMFORCES SHAPING THE GLOBAL BUSINESS SYSTEMFORCES SHAPING THE GLOBAL BUSINESS SYSTEMFORCES SHAPING THE GLOBAL BUSINESS SYSTEM
Copyright Gordon Hewitt 2004Copyright Gordon Hewitt 2004
BECOMING A NODAL PLAYER (i.e. “Really Smart”)IN THE NEW LANDSCAPE
BECOMING A NODAL PLAYER (i.e. “Really Smart”)IN THE NEW LANDSCAPE
CONVERTING KNOWLEDGE INTO IMPACTCONVERTING KNOWLEDGE INTO IMPACTCONVERTING KNOWLEDGE INTO IMPACTCONVERTING KNOWLEDGE INTO IMPACT
• Intellectual Influence - “Creating the New Industry Agenda”
• Network Influence - “Creating the New Connections”
• Access Influence - “Creating the Entry Gate”
• Standards Influence - “Creating Dependency & Trust”
Copyright Gordon Hewitt 2004Copyright Gordon Hewitt 2004
““Beyond the KnowledgeBeyond the KnowledgeEconomy – Small Economy – Small
Country, Big Impact?”Country, Big Impact?”
Professor Gordon HewittDistinguished Professor of International Business & Corporate Strategy
Michigan Business School
Friday April 23, 2004