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Enterprise without Borders Volunteer Classroom Visit (45’)

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1 Enterprise without Borders Volunteer Classroom Visit (45’)

2 Context Enterprise without Borders is a JA-YE company program for Secondary Level students. It will help give you an understanding of the international business environment in which we all live today You will also have the chance to develop a business enterprise working with other students in schools in other countries so you can also learn more about their cultures and how to collaborate together Accenture, a global consulting and outsourcing business, is the primary corporate sponsor of the program

3 Enterprise without Borders Programme European Partners Regional Partner

4 Introductions Introducing our volunteer for today

5 Themes of Globalisation What is globalisation? How has the world been changing in the last 10 or so years and how is this affecting business? What are some of the trends for the future?

6 Examples of Multinational/Global companies

7 Why did they go GLOBAL?

8 What is Globalisation? It is the process by which the world is becoming increasingly interconnected as a result of the acceleration of international trade and cultural exchange. From an economic perspective... It is the ‘reduction and removal of barriers between national borders in order to facilitate the flow of goods, capital, services and labor’ (United Nations definition) Globalisation has been taking place for hundreds of years, but has speeded up enormously over the last twenty years

9 Why is Globalisation accelerating? A number of important reasons.... Picture credit - ESA

10 Why is Globalisation accelerating? Bringing down barriers to trade across the world International trade in manufactured goods increased more than 100 times (from $95 billion to $12 trillion) in the 50 years since 1955. China's trade with Africa rose sevenfold during the period 2000-07 alone

11 What other impacts is Globalisation having? Resources Innovation People and Skills Money New Consumers The Multi-Polar World Positive and negative impacts

12 What does “going global” mean to business? ?

13 Different business models in working globally Balancing global/regional/local Multi-Local Model Decentralised, independently run markets Local planning and execution of global brands Local manufacturing and supply chain footprint Regional/ Functional Model Regional management units Regional integration of supply chain/back office Global model Shared services established for back office functions Global planning and local execution of global brands Super Global Super Local Model Networked business models across internal and external boundaries Degree Of Centralisation ILLUSTRATIVE

14 Collaboration between companies – Understanding JVs "...a win /win collaboration between two or more entities, sharing resources to solve common problems, build new opportunities, and achieve goals.“ Combining capabilities, using each others networks and market presence, reducing competition Different models from fully combined operations and finances, to looser partnerships..but must be fully declared Examples – some successful, others less so

15 What does this all mean to you? What opportunities does globalisation offer to you? What skills will be most important to develop? How might I build those skills? What aspects do you find most interesting or most challenging?

16 A person you may know Picture credit - Wikipedia

17 Group discussion - Skills for the future Divide into groups – quickly! Assign roles in the groups (who takes notes, who checks the time, who will speak for the group) Discussion topics: Think about yourselves 10 years down the road and how globalisation may have further impacted how we live and work Brainstorm in the team on what skills will be most needed for you to succeed in the global economy in the future Get the skills down to the few that could ‘make a real difference’ Complete the discussion within 7 minutes Be prepared to present your conclusions to the rest of the class

18 Key skills that businesses are now looking for Tolerance and respect for others Able to work in diverse teams Flexibility and adaptability A broad perspective Cultural understanding Building networks and relationships International Experience

19 Pulling it all together How do I engage further with the EwB program? What are the action learnings and next steps I can take?

20 Engaging further with the EwB program The EwB classroom visit today is one of three components to the program: 1. Classroom visits with volunteers to teach and discuss the themes of globalisation and how they are linked with the principles of EwB 2. The EwB website where students can make connections, promote their companies to find partners, and establish their collaborative businesses 3. The company challenge where they can enter their company in to the EwB challenge competition for the best EwB companies

21 Ways of working together EwB Joint-Venture Partnership (JVP) A JVP is a partnership formed by two or more companies operating in different countries, each company controlling its own revenues and expenses, but with operations complementing each other, and working together on joint projects. JVP Business Models Import-Export Business Coordinated product/service development and Outsourcing Exchange visit with a business content EwB Joint-Venture Company (JVC ) A JVC is a closer working arrangement formed by two or more companies operating in different countries but combining parts of their operations and sharing responsibility for joint revenues and expenses. They could continue also to conduct their own business and control their own revenues and expenses outside the JVC.

22 In order to be recognized as an EwB Joint Venture Partnership (JVP) or an EwB Joint Venture Company (JVC), all partner companies must be JA-YE minicompanies FULLY registered on the EwB portal i.e. each participating company must have its EwB account and must be listed among the EwB companies on the portal. Ways of working together

23 EwB Case Studies

24 Action Learnings What have you most learned from the session today What actions might you take next and what help do you need

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