Young Entrepreneur's Perspective on Internationalisation

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Internationalizing Business in the 21 st Century

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Amina Nabi's (Saltire Fellow, Entrepreneur) PresentationGlobal Graduates, Global Business8 May 2012Edinburgh

Transcript of Young Entrepreneur's Perspective on Internationalisation

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Internationalizing Business in the 21st Century

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Background

Amina NabiBSc hons in Technology and Business StudiesMSc Technology Entrepreneurship10 years+ experience working with SME’s, Charities and various social enterprisesEvent managementSaltire Fellowship

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The Saltire FoundationWhat is the Saltire FellowshipOur Fellowship roadmap…12 month journey 1st stop…Fast track MBA style 4 months at Babson College…

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Babson

Real time experiential teaching by entrepreneurs

Focus on disciplines of leadership, disruptive innovation, sales, marketing, presence, connecting ideas, using real life case studies

2nd stop… my placement at Liberty Mutual…

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Liberty Mutual

My project I proposed 4 strategies

One of which was actually based on a strategy practised in the UKNext step… Externship B…

Thinking local…

…acting Global

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FreeFlow Global

My project Initial project… proposed

project…

Neil’s vision

The proposal… what happened…

Thinking Global…

…acting Local

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The Saltire

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New start-up

Concept - bringing brands and people together through the use of powerful word of mouth marketing through social mediums

Where it came from…

Current position…

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Intercultural Competence

Communication with people of other cultures

Interaction with people from foreign cultures , understanding thought processes, respecting values, tailoring solutions…

Most importantly a desired want and motivation to continue learning…

Great example HSBC

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Benefit of being MultilingualIntercultural competence and the ability to converse in a local language is very valuableEveryone speaks English, right?

only 5.6 % of the world's total population speaks English as a primary language. By conservative estimates, that means that well over four-fifths of the world's population does not speak English 1. Increase global understanding2. Improve employment potential3. Sharpen cognitive and life skills4. Make travel more feasible and enjoyable5. Make lifelong friends

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How do you do it…

Get yourself a mentor…Sign up to classes or self teach…Attend networking events that are happening around you…Meet new people…Make your presence valued both on and offline…Leverage social media…More importantly ask lots of questions!Global businesses want global minds!

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Learning Outcomes

Remember what you do becomes your life's resume…

Have a purpose, a plan and act with intentionality…

Leadership is about: being a maverick, be strong enough to be able to action upon making that

difference, be able to initiate change, be value driven and have a

focused goal…

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What you need to be doing…

How can you innovate – Realize the pain, be reactive and capture

the opportunitySeek the networks you have and

leadership values within and make that difference

Watch trends – have peripheral vision, adopt a global mindset, spot, anticipate

and adopt opportunities, aim to become a generalist and stop being such a

specialist, look across industries – there's lots to learn

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The greatest opportunities you will face and may even lead, haven't yet been invented!

Jar Story…

“Leadership and learning are indispensible to each other” –

J F Kennedy

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Last thoughts…

…read, read, read – train your brain……if you understand death you will

understand how to survive……don’t let wisdom be replaced with

stubbornness……don’t just study the winners, its just as

important to study the ‘losers’……think of a better mousetrap…

…the greatest ideas come from the simplest of things…

…wander to wonder……remember who is on your roadblock

list…

…go do…

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