Since early 2019, the world community has emphasized the need to develop ways to tackle the new financial crisis. The falling of the stock exchanges, the increase of the world debt and the lack of adequate payment strategies, the increase of trade wars, the decrease of prices for raw materials — these things that have happened in the recent years are factors that aggravate the situation in the world economy.
It is believed that financial crises develop as part of certain economic cycles and happen every 7-10 years. The previous and the largest world crisis happened in 2009, making both the financial and moral issues of the society surface and be relevant. The indicators for the past 10 years clearly show that the world crisis is close, and it would be not smart to miss its first signs.
Development of one innovative solution attracts many international actors: from researchers, whose fundamental work is often concentrated by state budgets, to small businesses and commerce where demand is developed and modernized. Ecosystem of development of innovations means constant upgrade of finance mechanisms, legal framework, and strategic visions to increase the share of successful projects.
Which industries receive the most funding and why is the role of the state so important in creating the ecosystem of innovations? Are there universal methods? What scale can the ecosystem reach and what is the agency of its elements?
International corporations, think tanks, public sector and non-governmental organizations, countries and alliances create a model of global cooperation that is not able to respond properly to the economic challenges of the modern world. The system needs to be radically reformed. What essential principles should underpin the new system and what political actors will shape it?
Will it be a win-win or win-lose game? What are the priorities for the global community? What stumbling blocks may arise during negotiation process?
Ukraine is the state with the largest square area in Europe, and its fifth in size by population. Despite such powerful demographic and geographic potential, Ukraine continues to deindustrialize, and the sizeable share of GDP comes from extensive development of raw material agriculture and supply of other raw materials. Despite the continuous growth in IT products and development of other sectors of the economy, the economic structure deteriorates. At the same time, in Ukraine itself there are two absolutely opposite viewpoints on the country’s role in the political and economic life of the world. Those points of view are either too critical or too optimistic and are good only for someone who lacks information.
What is the actual role of Ukraine in the world labor distribution? What direction is it changing in? What is the place of Ukraine on the world economic map and how to improve it?
According to the annual reports presented on international platforms (UN, WEF, etc.), climate change is a major factor in the world economic paradigm. The economy in the 21st century is not limited to qualitative and quantitative growth, it also suggests a broader spectrum of factors that model the world financial system. Apart from demographic changes and introduction of high tech solutions, climate change is taking the priority position today.
Lack of adequate and timely reaction provokes the scary increase of the scale of climate-related challenges. Developed countries are taking climate change seriously and are taking measures accordingly, after the discussion with stakeholders: authorities, business, and society.
Today, regional and international companies must take into account the risk of changing climate and adjust business models of companies. How does the climate change impact approach to business?
What solutions does business need today, to maintain its position tomorrow? And who must ask the question and promote searching for the solution: business, authorities, or society?
The new parliament sets ambitious goals to change the league of “third world countries” and become a world leader. Such a breakthrough may become an opportunity with the help of high technology and competent legislative regulation in conjunction with implementation mechanisms in all economic sectors of the country.
How to attract investment in technology projects? What reforms are needed for a technological leap? Is society ready to follow high technology? What tools have Western countries used in the development of high-tech spheres?
The independence of the country is also determined by the availability of a sufficient amount of resources and their rational use in accordance with trends of our times. Resource wars, like trade wars, become not a prospect, but a clearly decisive trend. Ukrainian gas production, improving energy efficiency and integration into European markets will contribute to the energy independence of Ukraine.
What types of energy will lead to energy independence of Ukraine? Traditional and alternative energy: who is making the future? What are the prospects for the growth of domestic gas production? What are the prospects for developing new oil and gas fields in Ukraine? What infrastructure is needed for the new construction of a fresh Ukrainian independence vector?
Education currently remains one of the most constructive spheres of human activity. Attempts to teach future professionals by the rules that were established 50 years ago are making their impact today already. Knowledge economy that appeared with the fast change of technologies increases the standard for the level of knowledge of human resources of a country and how fast it is updated.
Success of the countries that are looking to occupy a serious position in the global market of high-end technologies depends on new teaching solutions implemented in the educational system.
In this relation, global competition for talents as the main resource for generating added value increases.
Is the new generation competitive in the labor market? What distribution of practical and academic skills becomes the key to career success? Is there a threat of lack of human resources?
Industry 4.0 means large scale introduction of progressive information technologies into every sphere of economy, and primarily those that have strategic importance for making a country the leader in finance. However, potential of industry 4.0 is far beyond increasing productivity and expanding product chains, or processes that allow new players to enter the world arena, primarily those from developing countries.
What perspectives does industry 4.0 open for the society? Can pervasive implementation of technologies be potentially harmful for humanity and existing systems? Are the countries ready for the new revolution?
It has been proved not theoretically, but practically: Reputation can be measured, analyzed and designed!
The Institute’s unique methodology called RepTrak® is a globally recognized reputation analysis standard used in the projects World Most Reputable Companies and World Most Reputable Countries, which are published annually on Forbes.com.
According to many leading businessmen and co-investors of the BUSINESS100 platform, in today's globalized world, reputation is becoming a new “currency” for building successful companies, brands and countries. That is why the Institute’s scientific approach to measuring, analyzing and designing reputation has attracted so much interest from the global business community in recent years!
PS: …the event is highly recommended for the owners of export-oriented Ukrainian companies.
Pre-registration is required: http://bit.ly/2MnQkyK
The VIP-dinner will bring under one roof representatives of the Ukrainian political community, civil society and world business community, successful reformers from other countries, business leaders and prominent economists, ambassadors. Guests will have a great opportunity to build a professional network and discuss the first day of the Forum with the speakers.
The dinner will be attended by the Chef of a triple Michelin-starred restaurant La Vague d’Or у Cheval Blanc St Tropez Arno Donkel and the Chef of a Kyiv restaurant Lucky Volodymyr Yaroslavsky.
When creating the menu, chefs were inspired by seven notes of Hennessy X.O flavors, described by the Hennessy Tasting Committee and featured in Ridley Scott's short film, as well as by local dishes and typical Ukrainian cuisine ingredients that form the basis of the dishes.
Thanks to a synergy between two chefs in each of seven countries, including Kazakhstan, Georgia, Uzbekistan, Ukraine, Azerbaijan, Turkey and China, will be created a menu of 7 iconic dishes.
Admission to the Gala Dinner is by VIP TICKET ONLY.
Political world order and the distribution of power considerably impact the wish and the ability of agents of the world financial market to invest into developing markets. And nonetheless, the recent indicators evidence the readiness of investors to risk, and developing markets show positive dynamics.
Investors are catching up, but can they predict and model defense strategy in case of failure? What industries are the most attractive? How strong is the influence of trade wars on investment climate and what are the decisive criteria for investors when they are making their decisions?
The world keeps rolling, and the market conditions, difficulties of competition, management standards change each year, and technologies change one another with mind-blowing speed. Every person who decides to enter the market environment, soon discovers a simple truth: you need to run as fast as you can just to stay in one place, and to get somewhere, you need to run twice as fast. Still, everybody understands, that only running won’t do anymore. To be successful, you need to see the goal, the endpoint, the finish line before you start the marathon. To see the picture of the future.
What will the future be like? How do the most successful businessmen of our time see this picture? Which companies will leave a trace on this picture, and who will leave an author’s signature there?
The introduction of modern technologies into business processes means not only installing modern equipment or software, but also fundamental change the approach to management, corporate culture, and external communication. Digital transformation of business opens a new range of possibilities for the company: better client experience, more flexible and faster business processes, innovative possibilities for business development, and using modern technologies for working with data.
What processes and stages do such transformation consist of, what technologies is it based on, and which resources are needed for it? What transformations should we expect big companies to go through in the nearest years? What changes is it necessary to introduce today, not to lose opportunities tomorrow?
If the Ukrainian economy continues to develop at its current pace, we will attain the level of Poland in 20 years. But, at the same time, Poland will pull away from us by 50 years.
Developing economies should grow at a much faster tempo than developed ones. And some countries in the world manage to deal with it.
What of the best world practices can Ukraine apply? How to make a quantum leap in the current conditions?
We would like to make a SWOT analysis of the Ukrainian economy development in the final discussion of the Forum. What are our strengths and weaknesses? Where are the opportunities and how to eliminate the barriers?
Along with our speakers, we are going to analyze internal factors, such as business conditions, education, access to financing, technological level and entrepreneurial culture, as well as external issues, which directly affect the Ukrainian economy – globalization and stimulation of local producers, dependence on global financial institutions and international agreements.
We would like to pay special attention to the image and reputation of Ukraine in the world. As it also has an essential impact on the development of economy.
Fight and seek, find and… persuade to finance your project. A lot of energy, work experience, and clear business plan and believing in the product are all very important, but without the necessary budget, they are all worth as much as an idea without implementation. Financing is one of the key issues when launching a new project that is why when resources for development are limited, it is important to find and involve new investors in your project.
How to find your venture investor and convince them to believe in your product if they see you for the first time? What information and how do you need to convey to have a positive result with as much output as possible?
Being physically active, communicative, reducing stress, eating healthy, developing intellectually, having a goal in life and beliefs – this is a simple formula for longevity that the scientists have confirmed to be true over the years. They found it and then thought: why stop at this? The questions of longevity and countering aging have always interested humans, and achievements of modern science in biology, gerontology, genetics, and medicine have not only considerably changed the understanding of related processes, but allowed to upgrade the quality of life and start a discussion about healthy longevity on a new level.
How do new technologies help avoid living your retirement years in the waiting to die mode? In a hundred years, how difficult will it be to live till one hundred? Which innovations are already in use?
More than a half of the citizens in America are private investors. The main investment direction is securities, which are an alternative to traditional bank deposits, bringing more profit to a private investor.
Ukrainians, due to distrust to financial institutions, are accustomed to keeping their savings at home, rather than investing them. In rare cases, the average Ukrainian decides to invest in real estate or buying currency. The stock market of Ukraine in fact has a very low activity of individual investors.
Lack of experience, financial literacy, doubts and fear do not allow us to rationally invest our savings and receive good dividends from investments. More than $50 billion of private money has been withdrawn from the economy and does not work for its development.
How to increase confidence in financial institutions in Ukraine? Where to invest for a stable profit? Which industries are most promising for private equity? What are the prospects for the development of the securities market in Ukraine?
A leader in today’s world is not only a good educated person with the ability to organize people. A leader is a person who has the ability to construct and predict the future in the face of increasing uncertainty and tremendous progress of the modern world.
What should leaders do in order not to get stuck in the past? What competencies need to be developed in order to keep up with progress? How to maintain psychological stability in a world of turbulence?
Development of new technologies, growing volume of big data and pervasive consumption of digital content are changing the ecosystem of modern media. Now, the end users consume their media content entirely digitally. That is why, to keep up with the new habits of an advanced audience, media companies need to leave old stereotypes aside and experiment with business more.
How to rearrange business processes to match the digital way of life and is there a future for television companies and advertising agencies? What is it important to bring and not to lose in the process of changes?
In May this year, San Francisco became the first US city to ban facial recognition, a few months earlier, a Chinese scientist claimed the creation of the first gene-edited babies, and the author of several bestsellers, Yuval Noah Harari, has warned about these risks of us, humans, becoming easily hackable by algorithms. As the accelerated technological advancement is bound to transform our world beyond recognition challenging our very fundamental understanding of what it means to be human. How should business, government, civil society, and each one of us prepare and adapt to such a future?
The new global order are undergoing unprecedented changes. The world is sleepwalking towards a deep slump in a market economy. As a result, we have today global inequality and dramatic changes in the political landscape.
We do not know yet what will occur instead of a market economy, but we can assume as follows:
1) There will be hegemonic countries with an ability to concentrate all resources (finance, technology, and human)
2) There will be "middle class" satellite countries
3) There will be countries with nothing
Such social inequality will not lead to mass starvation. However, it is extremely difficult to bridge this gap between leaders and outsiders.
Why do leading states attract large foreign direct investments as well as international businesses, have the best specialists, annually increasing the flow of tourists? What causes such a trust of the world community?
Every successful country is first and foremost a strong brand!
Dr. Govers has worked on developing strategies for national brands in the UAE, Qatar, the Netherlands, Kazakhstan, as well as some regions of the EU. Also, he is the co-founder of the global analytical project Good Country Index, in which Ukraine has been a #1 contributor into the global development of Science&Technology for the past two years in a raw!
BUSINESS100 togather with KIEF invited the best specialists in the world to build the reputation of countries in order to increase their capitalization. Having combined the efforts of government and business, we will build a strong, modern and comfortable country which has its own unique identity.
IMPORTANT! EVERY participant of the master class will receive a new book by Dr. Govers “Imaginative Communities”, with the signature of the author, AS A GIFT!
Pre-registration is required:http://bit.ly/2oQeDwb
From the first day of the existence of a business, the owner dreams of scaling it up. But not everyone knows that for this purpose it is important to launch a number of regular strategic processes in the company. What are these processes and how to start them correctly at the starting point? And why do some companies manage to grow at a speed of light, gain momentum and conquer the market, while the second ones with a good product stomp in one place for years? Is there a magic tablet for quick scaling, or is it better to focus on the step by step approach in this matter? What are the pitfalls in practice? Find out all the answers from the best Ukrainian practitioners, so that tomorrow you can scale to the level of world business Atlantes.
Panel Discussion Partner:The international educational and consulting company “Business Constructor”