We live in times of a changing, knowledge-based economy. Leaving the industrial age behind, we entered the age of information. Nowadays, job markets require different set of skills; the so-called 21st century skills, such as critical thinking, collaboration, problem solving, team work and many more. The concepts of “intrapreneurship” and “entrepreneurship” have become highly appreciated. But even though the world has changed, education has not followed. There is a huge gap between the knowledge and skills formal education provides and the knowledge and skills needed to succeed in today’s business world.
Intel wants to follow up on the change.
Michał Dżoga, Head of Corporate Affairs (CEE Region) says, “At Intel, we believe that everything we do should matter to society.” That is why at the Europe Youth to Business Forum, Intel ran a workshop with 100 young leaders about the importance of entrepreneurship, start-ups and innovation.
Hard data proves that the entrepreneurship culture in Europe is weaker than anywhere else. This could be associated with the difference in perception the USA and Europe have regarding the outlook on failure when starting your own company. In the USA, failure is accepted as part of the natural process of learning and growing. Most of what you learn as an entrepreneur is by trial and error. In Europe however, people tend to be too cautious in their desire not to fail, which prevents them from taking healthy risks necessary for the success of their company.
Michał Dżoga asked the delegates at the workshop a powerful question – How often do students start a company straight after college and succeed without previous experience?
It happens all the time!
When starting up, it is important to remember that you don’t have to have absolutely everything in the beginning, because that’s very hard to achieve. The idea is to start and constantly add to what you have. As Michał said “There are more interesting ideas than good companies on the market.“
Another tip to keep in mind about entrepreneurship is that idea is small part of the investment; implementation is everything. In a science project, an idea is worth a lot. But since globalisation influences start-ups, someone else may be doing your project already. That’s why it is important to start as early as possible, with good mentoring and guidance.
At Europe Y2B Forum, Michał Dżoga also revealed the secret of Intel’s success “We really believe in what we are doing. People who were there in the beginning are still with the company. What Intel is most proud of is Moore’s law, named after its co-founder Gordon Moore, which states that the number of transistors on a chip will double approximately every two years. The company uses this as a guiding principle for growth and advancement. Intel has the legacy to foster innovation and leadership, which are embedded in the DNA of the company.“
As part of this legacy, Intel is organising the Intel Business Challenge, an event which brings together the best engineers and scientists from around the world to present how they plan to make the world a better place through innovations and entrepreneurial skills! But the Intel Business Challenge is not only about the competition, but more about the platform that will help you fine tune your idea and gain mentorship and guidance from entrepreneurs all over the world.
Find out more at intelchallenge.eu. Apply, become an entrepreneur and make the world a better place!
“Every generation has the chance to shape the world. But the challenges faced today are more complex than ever before.” (Why we do what we do)
Generation Y lives in a time of 21st century leadership, which calls for forward, outside-the-box thinking; for innovation and creativity. Resources alone are not enough anymore, as Sharad Vivek Sagar said – “If money could have changed the world, money would have changed the world.” That is why social entrepreneurship plays a vital role today. Social entrepreneurship is “the process of pursuing innovative solutions to social problems. More specifically, social entrepreneurs adopt a mission to create and sustain social value” (Gregory Dees, The Meaning of Social Entrepreneurship). With new, unconventional ideas and transformational solutions, they set out to tackle world’s burning problems that fall under domain of Millennium Development Goals and encompass fields such as poverty alleviation, education, health and environment. One of the popular and successful examples is non-profit organization Charity Water, founded by Scott Harrison, whose mission is to get clean drinking water to people in developing countries.
Science, technology and innovation dominate today’s life, creating a networked society and facilitating communication and exchange of ideas. In this global environment, STI have stimulated self-learning or autodidacticism and increased awareness about #firstworldproblems. This can be seen in the number of start ups, organizations, projects, forums etc. – which aim to tackle existing challenges. Since we live in an age of information, opportunities, and resources, what we need to do is connect innovation and entrepreneurial spirit with resources, to come up with an impactful solution.
Hilde Schwab, Chair and Co-Founder of Schwab Foundation for Social Entrepreneurship says: “All citizens – especially the younger generation – need to feel empowered and incentivized to apply their talents and creativity to generate more inclusive, sustainable growth. Governments alone cannot solve social problems, nor can the private sector, despite their respective resources and capabilities. But we can all collaborate…”
We in AIESEC believe that social entrepreneurship and pursuing innovative solutions to social problems, can help generate new jobs, increase income and tackle political, social and population challenges. That is why on March 31st 2014 in Mexico City, Americas Youth to Business Forum will host youth leaders, international speakers, fellow leaders and business to discuss and come up with action plan on how social entrepreneurship can drive momentum and ensure the sustainable growth of the region.
Join us on our official Facebook channel www.facebook.com/GlobalY2B on March 31st and become a virtual delegate of Americas Y2B Forum!
1. The turning point is approaching: post-2015 Development Agenda
The year 2015 is approaching and with it the turning point for the current Millennium Development Goals. All eyes will be on the United Nations and the post-2015 developmental agenda. It is the right time to start thinking about what the future holds beyond 2015. Leadership nowadays is culture-oriented and issue-based, striving to be not just a concept, but a socially responsible solution for the challenges the world is facing. Once we define challenges we want to tackle in the future, we can be set to shape the type of leadership young people will need to be able to solve world’s burning problems.
2. Keeping up with the swift pace of changes in the world
The world is changing at an unprecedented pace and it is necessary to have a visionary outlook in order to predict challenges and start generating possible sustainable solutions. Today’s professions did not exist 10 years ago and we probably have not yet anticipated the professions of tomorrow. However, by ensuring we are developing experts aware of the world they live in, we are one step closer to being in charge of our future, keeping up with the evolution and not falling behind.
3. Value-based leadership development among Gen Y
Technology has changed the way we perceive the world and has influenced the lifestyle of a new generation – Gen Y. It has created interconnected, intertwined society, but has also contributed to information overload, or in other words “information glut” and “data smog”.
T.S.Eliot once asked “Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?”
Technology did not only change our lifestyle, but also a much deeper aspect of society – the one comprised of values. Since the values that guide people have shifted, we have to ensure that the values the world is built on today, will not endanger any aspect of life in the future. While it is encouraged to live in the present, shortsightedness can prove fatal, as seen by the state of the climate change today.
4. Generation Y to lead the world in the future
Representatives of Generation Y will comprise 75% of the workforce by 2030. It is crucial to understand the way they think, work and act in order to provide the right opportunity for them to develop skills they will need in the future and in order to ensure the right kind of leadership is in store for tomorrow. If provided with an interactive and informative learning platform, young people will be able to develop their potential to the fullest and use it to contribute to their society.
5. Understand. Define. ACT. (in that order)
We should define the type of leaders we want to develop in the future. The first step to developing leaders is knowing what kind of leadership we would like to see in the future. Dynamic? Collaborative? Impactful? Inclusive?
It is important to remember that leadership is not an end goal, but a solution. There are no easy fixes for the challenges we are facing. But the best way to tackle them is to invest in youth – young leaders who will one day decide about the future of our world. In order to achieve that, it is necessary we begin today.
What type of leadership would you like to see in 2030?
For 65 years AIESEC has been impacting young people around the world. And yet we are often referred to as “The World’s Best Kept Secret.” Until Now!
With a midterm ambition to provide life-changing leadership development experiences to 1 million young people before the end of 2015, the organisation is thinking big and making the brave decision to dramatically evolve. Economical, social and technological change demands responsible and entrepreneurial leaders who are both adaptable and globally minded. By its international nature, AIESEC has already succeeded in bringing together over 1 million young and talented minds to build a road towards a better future, where cultural and social boundaries are overtaken by international exchange of experiences and ideas. Understanding the world is the most powerful tool to change the world and this is what AIESEC aims to do.
This is why we do what we do. This is our contribution. Join us, and impact the future.
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