job creation a presentation by cutler communications

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Roundtable Discussion on “Job Creation: Pathway to Sustainable Economic Growth” A Presentation by: Cutler Communications

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Page 1: Job creation   a presentation by cutler communications

Roundtable Discussion on “Job Creation:

Pathway to Sustainable Economic Growth”

A Presentation by:Cutler Communications

Page 2: Job creation   a presentation by cutler communications

Introduction• Unemployment has become a global concern and it is one of the major global issues

today. The global economic crisis that began in 2007-2008 has had a huge effect on the number of unemployed people around the world

• According to ILO Global Employment Trends 2013’s report, "An uncertain economic outlook, and the inadequacy of policy to counter this, has weakened aggregate demand, holding back investment and hiring. This has prolonged the labor market slump in many countries, lowering job creation and increasing unemployment duration."

5.1million…to 2012

202 million in 2013

205 million in 2014

• As such, the world's unemployment rate and the number of the unemployed worldwide is projected to continue to rise

Unemployment Rate

Page 3: Job creation   a presentation by cutler communications

Overview:Global Unemployment Issues

GLOBAL UNEMPLOYMENT

ISSUES

International Labor

Organization

Forecast that more than 200 million workers will be unemployed in 2012

The United Nations’ Agency’s Report

Estimated that 50 million jobs had been wiped out since the 2008 financial crisis, and predicted no worldwide recovery in jobs and incomes for at least another five years

The World of Work Report

2012 forecast A global unemployment rate of 6.1 percent in 2012, with total world

unemployment rising from 196 million in 2011 to 202 million in 2012. The unemployment total is projected to rise by another five million in 2013, and the rate to 6.2 percent

Sources: ILO Annual Report; The World of Work Report 2012; The United Nations’ Agency’s Report: Global Employment Trend 2013

6% of the world's workforce were without a job in 2012. The number of jobless people around the world rose by 4m in 2012 to 197m

Page 4: Job creation   a presentation by cutler communications

Overview: Africa Unemployment Issues

Population

• The whole of Africa is about 1 billion and about 800 million are found in SSA (where Nigeria also belongs)

Youth: under Age

30

• 62% of the SSA population are under the age of 30 – that is about 500 million people

Jobless

• 45% are either not in school or jobless – that’s about 220 million people

Africa Unemployment

Issues

Page 5: Job creation   a presentation by cutler communications

Overview:Nigeria Unemployment Issues

Nigeria Unemployment

Issues

SURE-P

World Bank

Nigerian Bureau

of Statistics

Minister of

Finance/Economy

Unemployment Rate Average:• 2006 – 2011: 23.90%The NBS measures unemployment rate by the number of people actively looking for a job as a percentage of the labour force

Economic Report on Nigeria:The official unemployment rate had steadily increased from 12 per cent of the working age population in 2006 to 24 per cent in 2011. Preliminary indications are that this upward trend continues

Subsidy Reinvestment and Employment Programme (SURE-P)About 40 million employable Nigerians are unemployed and the number is increasing

Dr. Ngozi Okonji-Iweala:The Federal Government created 1.6 million jobs in 2012 and 431, 000 jobs in the first quarter of 2013,” the country is not creating enough jobs

Sources: Nigerian Bureau of Statistic – Unemployment report 2011

Page 6: Job creation   a presentation by cutler communications

Unemployment lies at the core of poverty. For the poor, labour is often the only asset they can use to improve their well-being. Therefore, job creation is

essential for achieving poverty reduction, social development and sustainable economic growth

How Do We Tackle Unemployment?

Page 7: Job creation   a presentation by cutler communications

Who is Responsible forJob Creation

The Government? Organized Private Sector? Individuals?

It is unlikely for any government to create jobs for the 220 million jobless Africans (Nigerians Inclusive), as such people have to become job creators and not job seekers

Page 8: Job creation   a presentation by cutler communications
Page 9: Job creation   a presentation by cutler communications

Who is An Entrepreneur

The Tale of Two Shoe Salesmen

Entrepreneurship is not about buying and selling; it is about having the ability to look at a challenge, identifying opportunities

and creating solutions. It is about being INNOVATIVE

Page 10: Job creation   a presentation by cutler communications

United States

The global leader in Prestige Beauty

Founded in the 1946 (68 years) with staff strength of about 40,200 full-time employees worldwide

Listed on New York Stock Exchange with products sold in more than 150 countries

Core Focus: Estee Lauder Companies have grown on the key principles of creativity, innovation and entrepreneurship“The entrepreneurial talents of our employees are one of our key strengths…..”

Estee Lauder

Page 11: Job creation   a presentation by cutler communications

United States

Henry Ford

Founded in Dearborn, Michigan on June 16, 1903 - now 111 years old

Ford Motor Company manufactures or distributes automobiles across six continents

It has bout 224,000 employees and about 90 plants worldwide

Core Focus:

Our people do not believe a man can ever leave his business. He ought to think of it by day and dream of it by night

Page 12: Job creation   a presentation by cutler communications

Molson Coors Canada is North America's oldest brewery founded by John Molson in 1786 on the shores of the St. Lawrence in Montreal QuebecCanada

It operates in communities all over the world, capturing the local flavors of each region through strategic sourcing, and bringing them to drinkers everywhere

Core Focus:

• Two things make us who we are and give us the greatest competitive advantage:

- Our people and our brands

• We have built an employee culture around passion, focus, responsibility and results.

• We were started by pioneers. And pioneers are still in charge

Page 13: Job creation   a presentation by cutler communications

South AfricaStarted in in Cape Town in 1845 and it has been serving its customers needs for over 165 years

With no capital, just the trust of like-minded individuals and the unwavering belief that together, people can achieve more than alone

Operates in 34 countries across Africa, Asia and Latin America

Listed on the Johannesburg, London, Zimbabwe, Malawi and Namibia stock exchanges

John Fairbairn

Core Focus:

We introduced a culture assessment tool to help us articulate the culture our employees want to be part of and where they think Old Mutual is today

Page 14: Job creation   a presentation by cutler communications

Are we Entrepreneurs in Nigeria

Page 15: Job creation   a presentation by cutler communications

“We must promote Entrepreneurship Education

and get businesses in the Private Sector involved…”

Page 16: Job creation   a presentation by cutler communications

The Pathway to Sustainable Economy is everybody’s responsibility. This is a duty call to embrace

Entrepreneurship.

Government is calling for it and Cutler through this platform unveils…

Page 17: Job creation   a presentation by cutler communications