European Business Summit 2014: The role of youth entrepreneurship education in EU’s Strategy for Competitiveness

May 28, 2014 News Room

JADElogoEarlier last month, JADE announced its participation as supporting partner of the 12th edition of the European Business Summit (EBS); where it represented the voice of young entrepreneurial students in front of Europe’s most important Business Leaders, Policy makers and Media. Organised by BUSINESSEUROPE and the Federation of Enterprises in Belgium (FEB), EBS is one of the most influential business forums in Europe. This year’s focus was on the Business Agenda 2014-19: ”Rebuilding a Competitive Europe” and how Europe can reach its economic recovery, growth and competitiveness.

The summit began with an opening plenary and keynote speeches by political and business leaders such as Mr José Manuel Barroso (President of the European Commission), Ms Emma Marcegaglia (President of BUSINESSEUROPE), Ms Michièle Sioen (President of FEB) and Mr Didier Reynders (Deputy Prime Minister & Minister for Foreign Affairs, Belgium).

Victor Soto, JADE Vice-President, José Manuel Barosso, President of the European Commission and Joao Negreiros, JADE and Brasil Junior Ambassador

President José Manuel Barroso started his speech focusing on the positive developments of the European Union in the last 10 years and praised its resilience in front of today’s challenges. Moreover, he called for the new Commission to maintain its adaptability in dealing with the new economic and technological changes within Europe and international developments. He continued by quoting a Latin saying, “If we don’t advance, we go backwards”; and thus referring to the crucial role of competitiveness for EU. President Barroso concluded that Europe would continue to thrive as long as there was a firmer EU political leadership to make happen all that needs to be done, while the EU comes to a consensus on the priorities for the next five years.  Additionally, he called for European business leaders to help reinvigorate the confidence and hope of Europe’s citizens in order to become the driving force in job creation and tackle the burning matter of unemployment.

The keynote speech by Ms Emma Marcegaglia – President of BUSINESSEUROPE followed. BUSINESSEUROPE represents all SMEs and large businesses in 35 European countries while being a partner of JADE since 2004. She affirmed that BUSINESSEUROPE acknowledges the need of a clear commitment to reduce unemployment by developing European talent and to help bridge the skills gap in Europe. Finally, Ms Marcegaglia envisioned a more ambitious and entrepreneurial future Europe that drives growth through innovation.

The summit was followed by plenary sessions related to industry, entrepreneurship and education.

Mr David Rennie, Vice-President of Nestlé Europe, Mr Xavier Prats Monné, Deputy Director-General for Education – European Commission and Victor Soto, JADE Vice-President

The session to which JADE contributed was “Education and Business for Innovation: Acting Together”, moderated by Ms Ann Mettler (Executive Director of the Lisbon Council). JADE’s  Vice-President, Victor Soto, participated as discussant along a lineup of high level speakers including Mr D. P. Nambiar (Chief of Human Resources Officer – Europe of Tata Consultancy Services), Mr David Rennie (Vice-President of Nestlé Europe), Ms Mary Ritter (CEO of Climate-KIC), Ms Tuula Teeri (President of Aalto University) and Mr Xavier Prats Monné (Deputy Director-General for Education, European Commission), who was also a keynote speaker at JADE’s International Congress on “Enterprises Skills for Youth” earlier this year.

This session began with a very clear alignment on the discussion, where Ms Mettler highlighted the issue of unemployment and the need to exploring different initiatives to create collaboration between Education, research and innovation (knowledge triangle) as a tool to our 21st century challenges.

To begin with, Commissioner Prats Monné highlighted the need for more collaborative efforts and a continuous feedback loop between the public and private sectors in order to improve the current skills mismatch gap. He underlined that companies and education institutions need to beware of falling into the trap caused by the “predictability effect” in education or employment, which is when young people’s future performance are predicted based on only their past performances through the use of biased analytics and big data.

The following panelists were Mr Rennie and Mr Nambia, who agreed on the shortage of skills around the globe and the need for a closer collaboration between education and business in order to bridge the skills gap. Recently, Tata Consultancy Services released a report on the “Workplace of the Future: A view from European youth”, which also looks more into what Generation Y expects from 21st century workplaces.

Moreover, it was also highlighted that young people nowadays not only need the technical skills, but are also required to develop the right attitudes such as “Agility, Adaptability and Flexibility”. Later, Mr Rennie explored the importance of intrapreneurship and how innovation could be developed in a company for creating new products and most importantly for helping Europe through the creation of new business models that foster new markets and growth.

JADE’s participation was highlighted in the role of entrepreneurship education and experiential learning inside organisations such as Junior Enterprises, where young people can develop the right skills through a learning by doing approach. This was a shared voice between other youth NGOs’ representatives present that also provide opportunities for Europe’s youth to undergo a necessary preparation for the labour market.

As a conclusion, it was agreed that businesses had begun to work with education more closely and to share young people’s opinions about re-shaping curricula; however there is plenty of space for continuous collaboration, specifically in the area of non-formal education. There are existing challenges such as the recognition by the employers of these so called “21st century attitudes” and  the need for policy makers to further support the work of youth NGOs in bridging the skills mismatch gap and in changing educational institutions focus from the predictability of traditional systems to the personal development of individuals.

JADE would like to thank the General Manager of the European Business Summit, Mr Arnaud Thysen, for supporting its participation to this important event, which is essential for bringing ideas and best practices together and creating sustainable solutions for the Europe of tomorrow.

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

More funds needed to counter ‘persistent and multi-faceted humanitarian problems’ in Ethiopia

Commission publishes guidance on coronavirus-related humanitarian aid to Syria despite sanctions

Teamgum @ TheNextWeb 2014

A letter from Italy: Our insecurity in COVID-19 times

Companies that put employees first perform better

Vile act of torture prohibited ‘under all circumstances’, UN chief affirms on International Day to support victims

The power of partnership: joining forces to fight financial crime

Speak up for health care workers’ safety

Intervene, don’t overthink – the new mantra of systems design

8000 young people in the EP in Strasbourg: “a breath of fresh air for EU democracy”

This is what happened to CO2 emissions in the EU last year

From Israel’s ‘start-up nation’, 4 lessons in innovation

3.7 million lives could be saved by 2025 if health services ramp up nutrition actions: WHO

You can live up to 10 years longer by doing these 5 things

Statement by OECD Secretary-General Angel Gurría on the outcome of COP 25

Italian Prime Minister Giuseppe Conte: “Europe must listen to the people”

Integration of migrants: Commission launches a public consultation and call for an expert group on the views of migrants

European Youth Forum welcomes strong stance on human rights in State of the Union

Why rich countries are seeing more poverty

Quality of air in Bucharest-Romania: is it fog or is it smog?

Commission reaches agreement with collaborative economy platforms to publish key data on tourism accommodation

This is how we can feed the planet while saving the ocean

Genocide threat for Myanmar’s Rohingya greater than ever, investigators warn Human Rights Council

Mental health and suicide prevention

World Migratory Bird Day highlights deadly risks of plastic pollution

UN chief expresses solidarity with Indonesian authorities after flash floods kill dozens in Papua

‘Path to peace’ on Korean Peninsula only possible through diplomacy and full denuclearization: US tells Security Council

9 climate tipping points pushing Earth to the point of no return

EU Ombudsman investigates the European Commission

Humanitarian aid: €7 million for disaster preparedness in Southern Africa and Indian Ocean region

MEPs approve €585 million to support refugees from Syria

How can we make entrepreneurship serve the greater good?

Can the world take the risk of a new financial armageddon so that IMF doesn’t lose face towards Tsipras?

We need to build a quantum security coalition. Here’s why

A Sting Exclusive: “The challenge of Society’s digital transformation”, Spanish Minister of Spain for Industry, Energy and Tourism José Manuel Soria live from European Business Summit 2015

China’s lead in the global solar race – at a glance

How COVID-19 can be the Great Reset toward global sustainability

UN food agency begins ‘last resort’ partial withdrawal of aid to opposition-held Yemeni capital

The World Bank’s 2020 country classifications explained

Venezuela: Competing US, Russia resolutions fail to pass in Security Council

On Kristallnacht anniversary, UN chief urges renewed fight against ‘crime’ of anti-Semitism

The EU has to prove it can remain one piece

Politics needs to “Youth UP” in order the ensure the future of our democracies

5 reasons to protect mangrove forests for the future

States with power and influence to end suffering of Yemenis must take action ‘immediately’ – UN rights chief

COVID-19: Both WHO and Europe must learn from the current pandemic, say MEPs

Italy’s revised budget remains roughly unchanged waiting for Europe’s fury

Tropical Cyclone Idai affects 1.5 million across Mozambique and Malawi, as UN ramps up response

Germany rules the banking industry of Eurozone

Google strongly rejects EU antitrust charges and now gets ready for the worst to come

Labels for tyres: deal for greener and safer road transport

Why people with disabilities are your company’s untapped resource

The Fourth Industrial Revolution must not leave farming behind

Agreement on linking the emissions trading systems of the EU and Switzerland

Political solution ‘long overdue’ to protect the children of eastern Ukraine

Europe plans to send satellites into space to monitor CO2 emissions

UN General Assembly President upholds value of multilateralism in speech closing annual debate

‘Air bridge’ vaccination operation begins for Ebola-hit communities in DR Congo

More Stings?

Advertising

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s